The truth about the housing and homelessness crisis is bitter and hard to face. It is that, for all Eoghan Murphy’s fine words and initiatives, it is getting steadily worse and its going to get worse still.
The reason is very simple. It is that the Fine Gael Government is ideologically committed to a market based, capitalist solution to the crisis and there is no market based capitalist solution. There are lots of possible solutions but the Government rejects them all because they are based on state intervention which infringes the sacred […]
Vulture funds have swooped on Ireland with a ruthless determination that has hardly ever been seen in other parts of the world. They are buying up vast swathes of Irish property – and the Fine Gael led government is encouraging them.
Kieran Allen A vulture fund brings together wealthy investors who pool their money to search for quick profits. Typically they move in two ways. Either they buy up distressed property – houses, apartments or commercial units – whose prices have collapsed after the crash of 2008. Or they buy up the debts. They approach institutions […]
Housing has become the defining crisis of our time. Since the property collapse of 2008, hundreds of thousands of people have had their lives turned upside down by problems relating to where they live.
Brian O’ Boyle There are currently 130,000 families on the social housing waiting list – some for periods of twenty years or more. At the present rate of public building, this list will not be cleared for more than 100 years. On top of this, 80,000 mortgages are in arrears with 56,000 unpaid for more […]
The housing crisis is getting worse by the day. On Monday 24 August it was reported that about 556 homeless families, including 1,185 children, were in emergency accommodation in Dublin. Focus Ireland estimates that there are up to 5,000 people at any one time who are homeless in Ireland. There has been a housing crisis […]