Monday 26 August 2019

Squeezed families can't dream of owning home

Mararet Roddy

Local Independent TD Peter Fitzpatrick highlighted the problem of families who can't afford their own homes, when he raised the topic of affordable housing in the Dáil.

'Every family dreams of owning their own house - the family home,' he said. However he said that in Dundalk, as in every town, a large number of families are stuck in the middle, earning €50,000 a year, yet don't have much left when they have paid rent up to €1,300, along with food, transport, schooling costs and childcare.

He remarked that while the Rebuilding Ireland loan is a fantastic scheme and is helping many, there were others who can't afford to save for a home loan deposit.

'These people cannot get on local authority waiting lists and they cannot get loans. Is there any rule the Taoiseach can introduce to help the people who are caught in the middle, the people who are trying their best to work?' he asked Minister Damien English.

The Minister for State for Housing replied that supply is part of the issue. He said that the government are also intervening to make houses more affordable through a number of schemes, such as the Help To Buy scheme, which helps people to get their deposits together.

Deputy Fitzpatrick asked that the extend the Help to Buy Scheme beyond March 2020.

The Argus