Tag Archives: housing crisis

Extortionate rents fuel housing crisis

By Clodagh Troelstra Heffernan Figures in the latest Daft.ie report have shown that the ever increasing rent prices set by profit-driven landlords has seen a 39% increase in rents since 2011. According to the report, the average price of rent nationwide is €1,037. Rents in Dublin in particular have reached extortionate levels, with prices now at an average of 5.2% ...

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From bad to worse: Housing crisis deepens

By Lea Valance The Dublin Inquirer website published a study in February showing how much people would need to earn as an hourly wage for their rents to be affordable (no more than 30% of pre-tax income) in different parts of the city. Using official Private Residential Tenancies Board (PRTB) figures, the study showed that Dublin 11 is the cheapest ...

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Market failure sees homelessness sky rocket

By Dave Murphy The government’s failure to act on the homelessness crisis means the situation has now gotten so bad that at a recent meeting of Dublin City Council it was revealed that there is an €18.5m black-hole in its emergency accommodation budget. Rent controls now! In June alone, 65 families were made homeless in Dublin. This is due to ...

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Housing market: Prices, profits & repossessions rise

By Finghín Kelly The realities of “recovery” Ireland is in sharp contrast to the official propaganda we are daily fed. Nowhere is this more obvious than when we look at the housing crisis. Last month the Courts Service revealed that 586 repossession orders were granted by the courts in the first three months of this year. This represents a 600% ...

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Government must ban home repossessions by banks

· Profitable state-owned banks should write down mortgage debt · Repossession crisis will become intensify homelessness crisis The Anti-Austerity Alliance has today responded to comments made by Taoiseach Enda Kenny on the increase in home repossessions being lodged by banks and the inaction of his government: Ruth Coppinger TD said: “There are bills for repossession lodged on 1,673 family homes ...

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