{"id":1819,"date":"2022-05-06T12:23:50","date_gmt":"2022-05-06T11:23:50","guid":{"rendered":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/"},"modified":"2022-05-06T12:23:50","modified_gmt":"2022-05-06T11:23:50","slug":"e120000-apartment-bailout-is-another-sweetheart-deal-for-developers","status":"publish","type":"post","link":"https:\/\/www.socialdemocrats.ie\/ga\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/","title":{"rendered":"\u20ac120,000 Apartment Bailout Is Another Sweetheart Deal For Developers"},"content":{"rendered":"

Why is the ambition of this government, when it comes to housing, so pathetically weak?<\/strong><\/em><\/p>\n

The Housing Minister’s plan to bail out developers out to the tune of \u20ac120,000 per apartment, without securing any reduction in the cost of those apartments, is perhaps his most inane policy yet, according to Social Democrats Housing Spokesperson Cian O\u2019Callaghan.<\/p>\n

\u201cIt is bizarre and extraordinary that Housing Minister Darragh O\u2019Brien intends gifting developers up to \u20ac120,000 per apartment \u2013 without securing any apparent benefit for the Exchequer. The State is bailing out developers, but they will still be seeking full market value when the apartments are sold. On what planet does this make any sense?<\/p>\n

\u201cIf developers are in financial trouble and unable to complete developments, why doesn\u2019t the State take over those developments and ensure the supply of social, affordable and cost-rental homes is increased. Instead,\u00a0 the Housing Minister will pay developers huge sums to complete these projects \u2013 without any reduction in the sale price being agreed. You couldn\u2019t make this up.<\/p>\n

\u201cThis government\u2019s housing policies are replete with sweetheart deals for developers and this is yet another egregious example. Why is the ambition of this government, when it comes to housing, so pathetically weak? Why are they so eager to prop up developers and so loathe to take any radical action to support ordinary workers and families desperately seeking a home?<\/p>\n

\u201cThis government has pursued a laundry list of failed housing policies, but this is perhaps the most inane one yet. The housing crisis has now persisted for a decade and incomprehensible policies like this one, in which no-strings-attached money is thrown at developers, explains why it has persisted for so long.<\/p>\n

\u201cIf we ever want to see the housing crisis meaningfully addressed, this government has to go.\u201d<\/p>\n

6 May, 2022<\/p>\n

Ends<\/p>\n","protected":false},"excerpt":{"rendered":"

Why is the ambition of this government, when it comes to housing, so pathetically weak? The Housing Minister’s plan to bail out developers out to the tune of \u20ac120,000 per apartment, without securing any reduction in the cost of those apartments, is perhaps his most inane policy yet, according to Social Democrats Housing Spokesperson Cian […]<\/p>\n","protected":false},"author":2,"featured_media":1499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[278,10,7],"tags":[],"class_list":["post-1819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cian-ocallaghan","category-housing-crisis","category-press-release"],"acf":[],"yoast_head":"\n\u20ac120,000 Apartment Bailout Is Another Sweetheart Deal For Developers - Social Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/\" \/>\n<meta property=\"og:locale\" content=\"ga_IE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u20ac120,000 Apartment Bailout Is Another Sweetheart Deal For Developers - Social Democrats\" \/>\n<meta property=\"og:description\" content=\"Why is the ambition of this government, when it comes to housing, so pathetically weak? The Housing Minister’s plan to bail out developers out to the tune of \u20ac120,000 per apartment, without securing any reduction in the cost of those apartments, is perhaps his most inane policy yet, according to Social Democrats Housing Spokesperson Cian […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/\" \/>\n<meta property=\"og:site_name\" content=\"Social Democrats\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/socialdemocratsireland\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-06T11:23:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4475-366-scaled-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"ZOO Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@SocDems\" \/>\n<meta name=\"twitter:site\" content=\"@SocDems\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ZOO Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\\\/\"},\"author\":{\"name\":\"ZOO Admin\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#\\\/schema\\\/person\\\/4aa25e1b0ecfe5e51a2ceab9a9006960\"},\"headline\":\"\u20ac120,000 Apartment Bailout Is Another Sweetheart Deal For Developers\",\"datePublished\":\"2022-05-06T11:23:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\\\/\"},\"wordCount\":309,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/4475-366-scaled-1.jpg\",\"articleSection\":[\"Cian O'Callaghan\",\"Housing Crisis\",\"Press Release\"],\"inLanguage\":\"ga-IE\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\\\/\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\\\/\",\"name\":\"\u20ac120,000 Apartment Bailout Is Another Sweetheart Deal For Developers - Social Democrats\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/4475-366-scaled-1.jpg\",\"datePublished\":\"2022-05-06T11:23:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\\\/#breadcrumb\"},\"inLanguage\":\"ga-IE\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.socialdemocrats.ie\\\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ga-IE\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/4475-366-scaled-1.jpg\",\"contentUrl\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/4475-366-scaled-1.jpg\",\"width\":1920,\"height\":1280,\"caption\":\"Cian O'Callaghan TD\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"\u20ac120,000 Apartment Bailout Is Another Sweetheart Deal For Developers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#website\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/\",\"name\":\"Social Democrats\",\"description\":\"Change Ireland for the better\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ga-IE\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#organization\",\"name\":\"The Social Democrats\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ga-IE\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/SocDems-logo.png\",\"contentUrl\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/SocDems-logo.png\",\"width\":846,\"height\":358,\"caption\":\"The Social Democrats\"},\"image\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/socialdemocratsireland\",\"https:\\\/\\\/x.com\\\/SocDems\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#\\\/schema\\\/person\\\/4aa25e1b0ecfe5e51a2ceab9a9006960\",\"name\":\"ZOO Admin\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/author\\\/zoo-admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\u20ac120,000 Apartment Bailout Is Another Sweetheart Deal For Developers - Social Democrats","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/","og_locale":"ga_IE","og_type":"article","og_title":"\u20ac120,000 Apartment Bailout Is Another Sweetheart Deal For Developers - Social Democrats","og_description":"Why is the ambition of this government, when it comes to housing, so pathetically weak? The Housing Minister’s plan to bail out developers out to the tune of \u20ac120,000 per apartment, without securing any reduction in the cost of those apartments, is perhaps his most inane policy yet, according to Social Democrats Housing Spokesperson Cian […]","og_url":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/","og_site_name":"Social Democrats","article_publisher":"https:\/\/www.facebook.com\/socialdemocratsireland","article_published_time":"2022-05-06T11:23:50+00:00","og_image":[{"width":1920,"height":1280,"url":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4475-366-scaled-1.jpg","type":"image\/jpeg"}],"author":"ZOO Admin","twitter_card":"summary_large_image","twitter_creator":"@SocDems","twitter_site":"@SocDems","twitter_misc":{"Written by":"ZOO Admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/#article","isPartOf":{"@id":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/"},"author":{"name":"ZOO Admin","@id":"https:\/\/www.socialdemocrats.ie\/#\/schema\/person\/4aa25e1b0ecfe5e51a2ceab9a9006960"},"headline":"\u20ac120,000 Apartment Bailout Is Another Sweetheart Deal For Developers","datePublished":"2022-05-06T11:23:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/"},"wordCount":309,"commentCount":0,"publisher":{"@id":"https:\/\/www.socialdemocrats.ie\/#organization"},"image":{"@id":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4475-366-scaled-1.jpg","articleSection":["Cian O'Callaghan","Housing Crisis","Press Release"],"inLanguage":"ga-IE"},{"@type":"WebPage","@id":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/","url":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/","name":"\u20ac120,000 Apartment Bailout Is Another Sweetheart Deal For Developers - Social Democrats","isPartOf":{"@id":"https:\/\/www.socialdemocrats.ie\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/#primaryimage"},"image":{"@id":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4475-366-scaled-1.jpg","datePublished":"2022-05-06T11:23:50+00:00","breadcrumb":{"@id":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/#breadcrumb"},"inLanguage":"ga-IE","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/"]}]},{"@type":"ImageObject","inLanguage":"ga-IE","@id":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/#primaryimage","url":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4475-366-scaled-1.jpg","contentUrl":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4475-366-scaled-1.jpg","width":1920,"height":1280,"caption":"Cian O'Callaghan TD"},{"@type":"BreadcrumbList","@id":"https:\/\/www.socialdemocrats.ie\/e120000-apartment-bailout-is-another-sweetheart-deal-for-developers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.socialdemocrats.ie\/"},{"@type":"ListItem","position":2,"name":"\u20ac120,000 Apartment Bailout Is Another Sweetheart Deal For Developers"}]},{"@type":"WebSite","@id":"https:\/\/www.socialdemocrats.ie\/#website","url":"https:\/\/www.socialdemocrats.ie\/","name":"Social Democrats","description":"Change Ireland for the better","publisher":{"@id":"https:\/\/www.socialdemocrats.ie\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.socialdemocrats.ie\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ga-IE"},{"@type":"Organization","@id":"https:\/\/www.socialdemocrats.ie\/#organization","name":"The Social Democrats","url":"https:\/\/www.socialdemocrats.ie\/","logo":{"@type":"ImageObject","inLanguage":"ga-IE","@id":"https:\/\/www.socialdemocrats.ie\/#\/schema\/logo\/image\/","url":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/SocDems-logo.png","contentUrl":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/SocDems-logo.png","width":846,"height":358,"caption":"The Social Democrats"},"image":{"@id":"https:\/\/www.socialdemocrats.ie\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/socialdemocratsireland","https:\/\/x.com\/SocDems"]},{"@type":"Person","@id":"https:\/\/www.socialdemocrats.ie\/#\/schema\/person\/4aa25e1b0ecfe5e51a2ceab9a9006960","name":"ZOO Admin","url":"https:\/\/www.socialdemocrats.ie\/ga\/author\/zoo-admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/posts\/1819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/comments?post=1819"}],"version-history":[{"count":0,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/posts\/1819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/media\/1499"}],"wp:attachment":[{"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/media?parent=1819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/categories?post=1819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/tags?post=1819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}