Systemic issues in home ownership must be addressed, says Varadkar – The Irish Times

Fianna Fáil Minister for Housing Darragh O’Brien will attend a Fine Gael parliamentary party later this month to discuss the growing controversy over investor funds buying entire housing estates for the rental market as well as his affordable housing legislation.

It will be first for a Fianna Fáil TD to attend the weekly meeting of TDs and Senators of Fine Gael, the party which had been its biggest rival over many decades, until the formation of the current Coalition.

Leo Varadkar told a meeting of Fine Gael on Wednesday evening that systemic problems regarding home ownership have to be addressed. He said real differences are required in policy to ensure people have their own homes. He indicated that the current policies were not making sufficient impact and that younger people remained priced out of the market.

The meeting heard banks worldwide are printing money which led to financial investments in

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