Social Democrats in Ireland propose compulsory land purchases for 50,000 affordable and 25,000 cost-rental homes over 5 years, with subsidies and zoning improvements.

The Social Democrats in Ireland propose compulsory land purchases to create 50,000 affordable homes and 25,000 cost-rental homes over five years. Affordable three-bedroom homes would be sold under €300,000 in Dublin and €260,000 elsewhere, while cost-rental homes would be priced at €1,200 in Dublin and €1,000 outside. The plan includes an annual subsidy of €1.7 billion and aims to enhance zoning, hire planners, and standardize housing development.

October 14, 2024
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