{"id":1991,"date":"2022-12-14T12:41:48","date_gmt":"2022-12-14T12:41:48","guid":{"rendered":"https:\/\/www.socialdemocrats.ie\/government-has-failed-to-curb-rising-house-prices\/"},"modified":"2022-12-14T12:41:48","modified_gmt":"2022-12-14T12:41:48","slug":"government-has-failed-to-curb-rising-house-prices","status":"publish","type":"post","link":"https:\/\/www.socialdemocrats.ie\/ga\/government-has-failed-to-curb-rising-house-prices\/","title":{"rendered":"Government has failed to curb rising house prices"},"content":{"rendered":"<p><em><strong>Latest figures come just one day after Minister survives confidence motion\u00a0<\/strong><\/em><\/p>\n<p>The latest national Residential Property Price Index (RPPI) shows that the Government has failed to curb rising house prices, according to Social Democrats TD Cian O\u2019Callaghan.<\/p>\n<p>Deputy O\u2019Callaghan, who is the party\u2019s spokesperson on Housing, said:<\/p>\n<p>\u201cThe index increased by 9.8 percent in the 12 months to October 2022, with prices in Dublin rising by 8.3 percent and a jump of 11 percent outside the capital.<\/p>\n<p>\u201cAccording to Revenue filings, October 2022 saw 4,296 dwellings purchased by households at market prices, a decrease of 0.9 percent on the same month last year. The median price of a dwelling bought in the same 12-month period was \u20ac300,000.<\/p>\n<p>\u201cThese figures come just one day after the Government voted confidence in a Housing Minister who, for the past two a half years, has presided over record property prices, record rents and record numbers of people living in emergency homeless accommodation.<\/p>\n<p>\u201cWith house prices continuing to rise, increased delivery of affordable purchase, cost rental and social homes is the only solution to this crisis. When will the penny finally drop for this Government?\u201d<\/p>\n<p><em>December 14, 2022<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Latest figures come just one day after Minister survives confidence motion\u00a0 The latest national Residential Property Price Index (RPPI) shows that the Government has failed to curb rising house prices, according to Social Democrats TD Cian O\u2019Callaghan. Deputy O\u2019Callaghan, who is the party\u2019s spokesperson on Housing, said: \u201cThe index increased by 9.8 percent in the [&hellip;]<\/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-1991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cian-ocallaghan","category-housing-crisis","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Government has failed to curb rising house prices - 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\/government-has-failed-to-curb-rising-house-prices\/\" \/>\n<meta property=\"og:locale\" content=\"ga_IE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government has failed to curb rising house prices - Social Democrats\" \/>\n<meta property=\"og:description\" content=\"Latest figures come just one day after Minister survives confidence motion\u00a0 The latest national Residential Property Price Index (RPPI) shows that the Government has failed to curb rising house prices, according to Social Democrats TD Cian O\u2019Callaghan. 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