On Air Now

Overnight Music

Midnight - 6:00am

  • 045 901 490
  • 0833-979797

Now Playing

Hozier

Too Sweet

Labour: Govt. Housing Policy Based On Dual Earners Is Dangerous.

Stock image: Pixabay

The party says single people are being priced out of the market.



The Labour party says the Government's decision to develop a housing policy for dual income households is dangerous.

Reports yesterday based on CSO data found houses are affordable in just seven counties for a single worker on a typical salary.

There's a €113,000 disparity between average Kildare house prices and the maximum mortgage allowable on the median wage..

The maxium mortgage available in Kildare on a median salary is € 207,307

The median house price here is € 320,000

The analysis shows a person on a median income and a 20 percent deposit can only buy a home in Cavan, Donegal, Leitrim, Longford, Mayo, Roscommon and Sligo.


Senator Rebecca Moynihan, Labour's housing spokesperson, says single people are being priced out of the market.

She say the Governnment needs to also look at providing affordable housing for those living alone:


Senator Moynihan says the government is determining what is affordable, based on a couple's earnings:

More from Local News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Sun

    Light rain

    11°C

  • Mon

    Thundery shower

    10°C

  • Tue

    Sunny intervals

    11°C

  • Wed

    Heavy rain shower

    10°C

  • Thu

    Sunny intervals

    13°C