HOUSING

Dundalk election candidate hits out at "broken" rental market

Tia Clarke

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Tia Clarke

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tia.clarke@dundalkdemocrat.ie

Dundalk election candidate hits out at "broken" rental market

Green Party election candidate for Dundalk-Carlingford, Eoin Daly

Green Party election candidate for Dundalk-Carlingford, Eoin Daly has hit out at Ireland's "broken rental market". 

Daly's comments came in response to an article which appeared in TheJournal.ie yesterday which revealed that one in ten renters in Ireland were spending over 60% of their incomes on housing costs. 

Daly took to Facebook to say: "Our rental market is broken. There really is no other way to describe it.

"Nationally 1 in 5 renters are paying 40% of their incomes in rent and for 1 in 10 it's 60%; the average rent in County Louth had broken the €1,000 barrier; all while there are 10,000 people, including over 3,500 children, living without a home.

"And all the while local authorities let houses like these two in Oldbridge fall into such disrepair they become unlivable and magnets for anti-social behaviour.

"There is simply not enough money being put into building social and affordable housing; We need to be building thousands of homes, not allowing what we have lie empty."  

The figures highlighted by the Journal's report were taken from The National Social Monitor Report from Social Justice Ireland which also revealed that one in five renters are spending 40% of their income, and one in 20 are spending 75% of their income on rent.