Social Democrats Political Director and Consumer Affairs spokesperson Anne-Marie McNally has asked\u00a0what planet Minister Eoghan Murphy lives on if he believes that \u20ac320,000 constitutes an affordable home.<\/p>\n
\u201cIt\u2019s bad enough that Fine Gael propose to effectively give away vast chunks of state land to private developers, but then asking people to pay \u20ac320,000 for a home and calling it affordable is a slap in the face.”<\/p><\/blockquote>\n
Social Democrats Political Director and Consumer Affairs spokesperson Anne-Marie McNally has asked\u00a0what planet Minister Eoghan Murphy lives on if he believes that \u20ac320,000 constitutes an affordable home.<\/p>\n
Ms McNally said that suggesting \u20ac320,000 as an affordable amount for most families is just insulting. She continued: \u201cIt\u2019s bad enough that Fine Gael propose to effectively give away vast chunks of state land to private developers, but then asking people to pay \u20ac320,000 for a home and calling it affordable is a slap in the face.<\/p>\n
\u201cUnder Central Bank rules, in order to afford a house of \u20ac320,000, a household would need to be earning at least \u20ac82k per year, and somehow have managed to save the 10% deposit of \u20ac32k. This is out of the reach of the vast majority of first-time buyers, and especially if those buyers are already paying our record-high rents. It is nonsense to suggest that \u20ac320,000 is affordable.<\/p>\n
\u201cPitching affordable homes at this level would mean that the only people who could qualify are two-income households.\u00a0Once again, single people need not apply. Parents who wish to take time out with their kids need not apply. Parents who are forced to stay home due to childcare costs need not apply. The list is endless. Basically, if you don\u2019t have two full-time incomes, you don\u2019t count. It constitutes dreadful social policy and\u00a0Minister Murphy needs to go back to the drawing board, speak to real people and see what affordability actually means to people.\u201d<\/p>\n
ENDS<\/p>\n
14th September 2018<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Social Democrats Political Director and Consumer Affairs spokesperson Anne-Marie McNally has asked\u00a0what planet Minister Eoghan Murphy lives on if he believes that \u20ac320,000 constitutes an affordable home. \u201cIt\u2019s bad enough that Fine Gael propose to effectively give away vast chunks of state land to private developers, but then asking people to pay \u20ac320,000 for a […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6,10,7],"tags":[],"class_list":["post-614","post","type-post","status-publish","format-standard","hentry","category-general","category-housing-crisis","category-press-release"],"acf":[],"yoast_head":"\n
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