{"id":7098,"date":"2024-08-14T14:26:45","date_gmt":"2024-08-14T13:26:45","guid":{"rendered":"https:\/\/www.socialdemocrats.ie\/?p=7098"},"modified":"2024-08-14T14:34:06","modified_gmt":"2024-08-14T13:34:06","slug":"soaring-house-prices-further-evidence-of-government-failure","status":"publish","type":"post","link":"https:\/\/www.socialdemocrats.ie\/ga\/soaring-house-prices-further-evidence-of-government-failure\/","title":{"rendered":"Soaring House Prices Further Evidence Of Government Failure"},"content":{"rendered":"<p><em><strong>How are people on average incomes ever supposed to aspire to own their own home?<\/strong><\/em><\/p>\n<p>Surging house price inflation is further evidence that the government\u2019s housing plan is not working, according to Social Democrats Dublin North-West election candidate Rory Hearne.<\/p>\n<p>\u201cHouse prices in Dublin in July soared by a whopping 9.3 percent \u2013 while house prices nationally rose by 8.6 percent.<\/p>\n<p>\u201cThese enormous house price increases come on top of already record high prices for homes. House prices are now more than 10pc higher than the Celtic Tiger peak \u2013 and are continuing to rapidly escalate.<\/p>\n<p>\u201cThese kinds of skyrocketing house prices are not sustainable. More and more individuals and families are being locked out of home ownership \u2013 with hundreds of thousands trapped living in their childhood bedrooms or insecure and hugely expensive rental accommodation.<\/p>\n<p>\u201cHow are people on average incomes ever supposed to aspire to own their own home when every month the cost of that home gets further and further out of reach?<\/p>\n<p>\u201cThe housing disaster is the biggest crisis facing our society. A lack of secure and affordable housing is causing huge multi-generational trauma.<\/p>\n<p>\u201cThe government claims its housing plan is working, but all of the evidence says otherwise. If this is what success looks like, what would the government classify as failure?\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How are people on average incomes ever supposed to aspire to own their own home? Surging house price inflation is further evidence that the government\u2019s housing plan is not working, according to Social Democrats Dublin North-West election candidate Rory Hearne. \u201cHouse prices in Dublin in July soared by a whopping 9.3 percent \u2013 while house [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":6078,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,7,510],"tags":[],"class_list":["post-7098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-crisis","category-press-release","category-rory-hearne"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Soaring House Prices Further Evidence Of Government Failure - 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\/soaring-house-prices-further-evidence-of-government-failure\/\" \/>\n<meta property=\"og:locale\" content=\"ga_IE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Soaring House Prices Further Evidence Of Government Failure - Social Democrats\" \/>\n<meta property=\"og:description\" content=\"How are people on average incomes ever supposed to aspire to own their own home? Surging house price inflation is further evidence that the government\u2019s housing plan is not working, according to Social Democrats Dublin North-West election candidate Rory Hearne. \u201cHouse prices in Dublin in July soared by a whopping 9.3 percent \u2013 while house [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.socialdemocrats.ie\/soaring-house-prices-further-evidence-of-government-failure\/\" \/>\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=\"2024-08-14T13:26:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-14T13:34:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2024\/05\/SOCIAL-DEMOCRATS-_25.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1314\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Press Officer\" \/>\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=\"Press Officer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.socialdemocrats.ie\/soaring-house-prices-further-evidence-of-government-failure\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.socialdemocrats.ie\/soaring-house-prices-further-evidence-of-government-failure\/\"},\"author\":{\"name\":\"Press Officer\",\"@id\":\"https:\/\/www.socialdemocrats.ie\/#\/schema\/person\/70fcd60661593532616f9f91a0fb8db7\"},\"headline\":\"Soaring House Prices Further Evidence Of Government Failure\",\"datePublished\":\"2024-08-14T13:26:45+00:00\",\"dateModified\":\"2024-08-14T13:34:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.socialdemocrats.ie\/soaring-house-prices-further-evidence-of-government-failure\/\"},\"wordCount\":221,\"publisher\":{\"@id\":\"https:\/\/www.socialdemocrats.ie\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.socialdemocrats.ie\/soaring-house-prices-further-evidence-of-government-failure\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2024\/05\/SOCIAL-DEMOCRATS-_25.jpg\",\"articleSection\":[\"Housing Crisis\",\"Press Release\",\"Rory Hearne\"],\"inLanguage\":\"ga-IE\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.socialdemocrats.ie\/soaring-house-prices-further-evidence-of-government-failure\/\",\"url\":\"https:\/\/www.socialdemocrats.ie\/soaring-house-prices-further-evidence-of-government-failure\/\",\"name\":\"Soaring House Prices Further Evidence Of Government Failure - 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