The Sinn Fein spokesperson for housing has said that a new Daft.ie report - outlining renting and buying costs in Dublin - shows that the market does not and will not provide affordable homes for renting and buying.
TD Eoin Ó Broin was speaking about the new report which states that rent across Ireland has risen by 0.2% despite a small fall in house prices.
Renting on average in Dublin now stands at over €2,000 with average house prices nearly hitting €370,000
He claimed that housing to rent or to buy is "persistently unaffordable for ordinary working people across."
He said: “The Daft.ie Housing Market Report shows that rents are still on average €1,400 across the State; reaching just over €2,000 in Dublin.
“The report highlights how the average home now costs over €250,000 and considerably more in Dublin; reaching on average €369,000.
“The market will not provide genuinely affordable housing and the report’s author Ronan Lyons points out that the fundamental shortages are in the social and market rental segments and these need to be addressed.
“Unfortunately, there is no ambition or appetite in the Programme for Government to build any additional social homes above the 50,000 homes already committed to in the National Development Plan."
He added: "The so-called affordable cost rental pilot will have homes to rent at €1,200 - which is not affordable.
“The only way to deliver truly affordable homes for workers and families - to rent and to buy - is for the new government to double capital investment in public housing and empower Local Authorities, Approved Housing Bodies and Community Housing Trusts to build on public land at prices that people can actually afford."
