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Seanad
‹ Order of Business

Rents and North-South interconnector

Summary

Senator Horkan urged a debate on housing affordability and the difficulty of saving for a deposit while paying high rents. Senator Wilson then raised concern that Northern planning approval for the North-South interconnector would push EirGrid to proceed despite local opposition in Meath, Cavan and Monaghan.

There has been a lot of discussion about people buying their first homes and whether they can get help from their parents. I am sure that many people have done that and that many people are not in a position to. Perhaps the Leader might arrange some kind of a debate with the Minister with regard to people who have not been able to save because they have been spending so much on rent. The rent on a three-bed semi-detached house in south County Dublin is approximately €2,000 to €2,500 a month at this stage. Those are figures from daft.ie, they are not anecdotal. People can have a look for themselves. If people have spent years renting, it means that they have a decent capacity in terms of their earnings and have the ability to produce a certain amount of money every month, but they are not in a position to save, they are not able to show that they have a history of savings and they cannot build up deposits.

Is there a way, perhaps through the Private Residential Tenancies Board or through landlord certification, for people to get certificates of rent paid in previous years so as to demonstrate that they are in a position to pay a mortgage? Quite often people's mortgage payments, if they were able to get mortgages, would be lower than their monthly rent payments. They have been paying, they are working hard and they are getting up in the morning, as the Taoiseach might say. They are earning for themselves and producing for their employers. They are working away and being productive but they are not in a position to start saving a great deal. I am not saying that we should have 100% mortgages, but there must be a way to address this particular cohort of people who are working hard, who are generating enough cash to pay a mortgage, but who are not in a position to get one because they do not have savings. Perhaps there could be some kind of up-front deposit which could be repaid over time, some kind of shared ownership or some other kind of system to allow people to get on the rung. It is a catch-22. They are renting and are spending so much on rent that they are not able to save. Not everyone is able to move in with their parents or move back home, depending on their circumstances.

Comment on this

Yesterday the planning authorities in Northern Ireland granted planning permission for the Northern phase of the North-South interconnector. This is an issue which has caused great concern in the counties of Meath, Cavan and Monaghan for more than ten years. It has been subject to a number of reviews and a number of court challenges. The granting of the permission in the North of Ireland has given impetus to the decision by EirGrid to ignore the concerns that have been highlighted. I understand that it is its intention to proceed to construction by the end of the year. This will see the need for more than 400 pylons to be erected in these three counties: Cavan, Monaghan and Meath. The opposition in this region is of such an extent that I do not know how EirGrid can progress or proceed to construction, because not one of the landowners will grant it permission to enter their lands to construct these pylons. The underground option is viable. EirGrid is totally ignoring that fact. I ask the Leader to once again invite the Minister, Deputy Denis Naughten, to the House so that we can get a clear understanding of why EirGrid has ignored the expert advice which shows that the undergrounding of these cables is a viable option, and why it is insisting on the persecution of the communities in the affected areas. No doubt there will be huge opposition in the North of Ireland to this as well.

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