Housing crisis: Time ripe for cost-rental plan in the interests of all our Republic’s citizens
Budget 2018 confirmed the continuation of the Government’s failing housing strategy: that of supporting private developers and landlords as the main providers of housing.
- Significant funding in Budget 2018 will not go toward new builds but be channeled to subsidising escalating rents to private landlords through the Housing Assistance Payment.
- Where the Government is establishing loan funds to encourage developers to build, there is no definition of what an “affordable” home should cost. This allows developers to continue to…