In the last decade we've reduced poverty and inequality in this country. In the last 5 decades we have become on of the richest and most equal countries in the world. That's been done by attracting foreign capital and placing very high marginal rates of tax on middle to high earners while placing very low rates of tax on low earners while creating an extremely generous welfare system. We are one of the most socialist countries in the world. The Shinners aren't socialist, they are just populist. In that they are like Trump and Boris; they have no morals or ethics and will do whatever they need to and say whatever they need to in order to gain power.
Fully agree, but now that we have all this surely its time to solve the issues such as housing in a proper way.
Yesterday the Revenue said that there are over 50,000 habitable houses that could attract a " vacancy tax" of course the definition of both habitable and vacant will have to be teased out.
My research indicates that there are 110,000 vacant houses and the CSO says 160,000.
Taking Revenues figure as it seems to be the most reliable taxing these properties isn't going to solve the issue, but its populist, if however those owners were incentivised to invest and either sell or rent those properties would take a lot of pressure out of the market almost immediately.
If the other say 60,000 houses that aren't deemed habitable were also renovated and either sold or rented we would probably see general rents reducing and more people buying houses.
50,000 per house would cost €5.5bn we already spend 1bn on HAP etc, with billions more been/already given to " charities " and Housing Associations.
The housing budget is 4bn a year in two years we could have 110,000 units available but tax seems to be the only gig in town.
If a referendum was to say something like " Government and its agencies would be permitted to purchase vacant properties in order to house those in need of housing it should be allowed to occur, with the properties remaining in the ownership of the state" that might work?
I've been saying that the housing issue isn't a crisis and there are plenty of ways to solve this but it takes political will and societal change, neither of which is plentiful.