Róisín Shortall (Dublin North West, Social Democrats) | Oireachtas source

The housing reports from daft.ieand myhome.iethis week show that house prices continue to spiral out of control. The latest REA house price index indicates the average three-bed semi-detached house in Dublin city now costs more than €400,000. To afford that, a first-time buyer would need a deposit of €40,000 and an income of more than €103,000. In order to buy an average house in Dublin, one needs three times the average wage. That is crazy. Why is there no affordable housing scheme? Why has the Minister not introduced a scheme to date and will he do so now?

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