Housing crisis: An indictment of the capitalist market

 

By Colm McCarthy

The housing crisis is one of the greatest indictments of this government, and indeed of the capitalist market they represent.

In February the official homelessness figures crossed 10,000, despite increasingly desperate attempts by the government to use creative accounting tricks to remove categories that would previously have been included from the official stats. The March figures saw a further increase, with 3,821 of those acknowledged as homeless being children. This is merely the sharpest end of a much broader crisis.

Growing distress

Half a million people suffer from distress on a daily basis. Tens of thousands have been forced to move back home with their families or couch-surf. For many today, not only are they unable to buy their own home, they are increasingly unable to rent.

As the crisis has worsened over recent years, the refrain from the establishment has been that this was a simple supply issue that would be resolved by the market. However, as is often the case, this has not been the case, with vulture funds and big construction firms sitting on landbanks bought for bargain basement prices from Nama. The Socialist Party supports this horded land being taken into public ownership without compensation.

Anti-evictions bill

The bill moved by Solidarity, which succeeded in getting passed at second stage in the Dail banning sale as grounds for eviction, is currently being refused a money message by the government – their preferred method of trying to prevent legislation they disapprove of from being implemented in the current minority government arrangement they find themselves in. It is no surprise they are acting in this way.

36% of Fine Gael and 33% of Fianna Fail TD’s are landlords, and all of them are loyal to the logic of the market system that has proved incapable of alleviating the crisis. They are unwilling to implement the minimal demand of controlled rents that are reduced to levels that are affordable. They certainly will not be in favour of banning vulture and cuckoo funds and evictions into homelessness.

There is a need to build mass movements to fight for public housing on public land, glimpses of which were seen in the Take Back the City protests in Dublin and the campaign that defeated the attempted mass eviction by vulture fund Lugus Capital at Leeside Apartments in Cork to tackle this issue.

The catastrophe that is the private rental sector in Ireland caters to those who can to look to escape by buying their own home, but this too is increasingly out of reach for many.

Public homes on public land

Average house prices in Dublin are €383,000 and €317,500 in Cork. A 2015 study from the Society

of Chartered Surveyors of Ireland found that around half of the cost of house building were profit, land and tax related. The construction industry should be nationalised under democratic working class control so that homes are built at cost price, the same must happen to the banks so that mortgages can be reduced down.

We need a programme of building public housing on public land. This would be a real programme of affordable housing in contrast with the governments model which would envision “affordable” housing well in excess of €300,000.

A reversal of the decades-long campaign of denigration and neglect of social housing is also needed, with both an expansion of building, and a widening of the criteria to allow for people from throughout the working class to apply for them.

Total
0
Shares
Previous Article

"We only want the earth" - The case for socialist change

Next Article

Workers and the Recovery: We want to live, not just exist!

Related Posts
Read More

Can society be rid of anti-gay prejudice?

After decades and more of courageous and determined campaigning by sections of the lesbian, gay, bisexual and transgender (LGBT) community, same-sex civil partnership and marriage are being won in one Western European country after another. It lends legitimacy to the natural optimism that acceptance of gay sexuality is on an exponential upward curve.

Read More

What you can do

EU Protest Poster FINAL   Fonts Across Europe, the bosses and right-wing governments are trying to make ordinary people pay the price for their crisis. Workers and young people need to link up the many struggles taking place into co-ordinated, united action against attacks on our wages, conditions and futures. The 21-26 June will see a Europe-Wide week of Protest and Solidarity against the bosses’ onslaught with protests, pickets and public meetings being organised in Spain, Portugal, France, Germany, the Netherlands, Britain, Greece, Denmark, Cyprus, Italy & Sweden.

Read More

Cynical betrayal of Irish people

Opening today’s press conference Cllr Clare Daly, Socialist Party and ULA candidate for Dublin North said:

“Fine Gael and the Labour Party correctly say that the Fianna Fail minority government,  
a) doesn't have the confidence of the Dail;   
b) has a Taoiseach who doesn't have the confidence of his own party;
c) is so utterly discredited that the General Election must be brought forward.