Sinn Féin councillor and general election candidate Conor D. McGuinness has said that house prices continue to spiral out of control because of bad government policy, and it is time for a new approach which can only be delivered with a change of government.
The Waterford representatives comments were made as the latest CSO property price index showed house prices in the South East surged upwards by more than 8% in the year to August, while median price of a new house in Dungarvan reached €477,500 – an increase of 13% in one year.
McGuinness said:
“The government’s housing plan is failing. House prices continue to spiral out of control because of bad government policy driving up private house prices and failure to deliver anything close to enough genuinely affordable homes. A generation is stuck paying sky high rents while home ownership slips ever further away.
“Sinn Féin has set out a clear alternative in our housing plan A Home Of Your Own.
“In government, we would deliver tens of thousands of genuinely affordable homes at prices from €250,000 through Local Authorities and Approved Housing Bodies, while also activating the private residential development sector to deliver more private homes to purchase at more moderated prices.
“This government is dashing the hopes of tens of thousands of people desperate to put an affordable roof over their heads. It is time for a new approach which can only be delivered with a change of government.”
Conor D. McGuinness TD 