Hello everyone
Hello everyone. A report was issued by Daft today in relation to Irish rents which stated that monthly rents are 2,176 euro. And here in Dublin, the average rent is 2,828 euro. Absolutely extortionate. And this has been going on for years and years and years and been completely by design by the Irish political establishment who have allowed this to perpetuate in terms of the misery forced upon people who cannot afford the skyrocketing rents.
This is at the same time where we have immigration chaos in Ireland as well. And what benefits those big landlords? But immigration in terms of added pressure on basic services such as lack of homes around Dublin and in many parts of Ireland as well. And these rents are 40% above pre-COVID levels and 80% above 2016 levels. Absolutely just off the charts. And so shows how much money has been invested in property in Ireland which benefits those at the very top and just.
Widens and exacerbates inequalities. In the first three months of this year alone, over 7,000 eviction notices were issued. This goes back to the times of the famine in the context of those evictions. And when you consider the sheer scale of this, that would be equivalent to the town the size of Ballinasloe or Balbriggan in North County Dublin or even Cove in County Cork, which is really unthinkable, isn't it? But it's okay when it comes to people that don't have anywhere secure.
To live. And I'm up here in Crumlin on Captains Road today. And a part of this crisis has been the continued policy of successive governments to sell off so much of our public homes. And many of the houses up around Crumlin were built between the 1930s and 1960s for so many of the working classes around Dublin who were struggling in overcrowded conditions around Dublin city and were forced out to suburban areas where a lot of schemes were built.
To support people and provide much needed accommodation where you could have gardens and where you could have built strong communities. But over the past number of long years, the Irish government has followed a policy of the so-called right to buy scheme where they've offered massive massive discounts to tenants to purchase homes up to 60% and in some cases even 70% below market rents to buy public homes. Because these public homes were built through public money and now.
Many are in the hands of private landlords such
Many are in the hands of private landlords such as the one just behind me here at the corner. If you see that house down there at the end of the block on Captains Road. It's currently up for rent for wait for it 3,000 euro per month. Absolutely outrageous. And if you consider the history of this home as well. This was purchased back in 2015 for 257,000 euro. So that's about a 14% yield in terms of the rental yield on that.
Property. Absolutely just a windfall and it's a manner on for a profit for landlords who are profiting from this. And as I stated earlier, many of these houses were sold at well below the market rents, massive massive discounts. Since the foundation of the Irish state, two out of every three public homes built with all of our public money have been sold off and many are now handled up in the hands of private landlords. And And particular around areas like.
Crumlin which were all built for to work in classes, has created gentrification and is profiting and exacerbating inequalities in our society. And what's interesting is you hear it by these so-called opposition parties now have jumping from the rooftops around what's taking place, but they won't talk about the real issues of the sell-off of public housing. And they won't talk about the non-replacement of this public housing. And they use the public money that's sold off in these houses.
To maintain current housing stock in Dublin, which is absolutely ludicrous. And this is the policy pursued following the bank bailout, for instance, in terms of the opening up of the doors to the vulture funds. This was initiated by the Fine Gael and Labour government and when Alan Kelly was the Minister for Housing, he pushed forward the reintroduction of this this tenant purchase scheme and said he wants to build, promote, and strong, sustainable communities. He said it was a win-win because tenants became.
Homeowners and local authorities uh would use the money then from those sales to provide maintenance. And this is part of the policies of current currently with Dublin City Council in terms of using the public money in terms of using that to maintain so many housing and flat complexes around Dublin city. And we see the deplorable state of so many of these flat complexes, which aren't too far away from here, for instance, and where many people are.
Struggling with damp and mold and overcrowded conditions and
Struggling with damp and mold and overcrowded conditions and looking again for rent increases for those many who were completely uh struggling. And many of these, as I said, were sold at massive discounts, follows on from the Thatcherite policies in England of selling off so many of the public homes and created a new batch of Tory voters for Thatcher and kept people as part of the system. But what's currently happening is there's about 140,000 people in Ireland.
Who are in some form of housing need. And as I said, this has been exacerbated by the immigration chaos in terms of what's taken place over the last number of years in Ireland. Of course, perpetuated by many of these so-called opposition, which is same as Alan Kelly's Labour Party, which reintroduced these policies which now are leaving many of these properties in hands of private landlords like the one behind me, where it's 3,000 a month, 36,000 a.
Year. As I said, the rental yield is about 14%. It's like something you wouldn't even see in some of the richest economies in the world. Paris and many more cities wouldn't even have these rental yields. It's off the charts, but shows you how Ireland is working at the behest of the big property owners and those that have versus those that don't. And on top of that, we have all the widening inequalities and the pressures on basic services, pushing up.
Accommodation prices, pushing up rents, pushing up house prices as well. And Ireland, without dealing with these crises, without dealing with them as a source and talking about these real issues, that's really, really the crux of it. But they won't talk about it. The party political establishment won't talk about public homes that should be built of course, through public money, and should be maintained for the good of the public and our citizens. But listen, this is what takes place in.
Ireland. And they won't talk about the real issues in terms of what's taking place. So this is just a case in point. And it's all over Dublin city, and it's all over working class communities, and this is what's really driving so much of this crisis as well. And at the same time, many now are in receipt of various forms of housing support. And this is another transfer of public money into private hands, such as the private landlord,.
“And they won't talk about the real issues in terms of what's taking place”
Perhaps behind me, and many more private landlords in this area. And in the last number of years, even previously, a British um aerospace, uh which are part of the military industrial complex, tried to purchase a number of homes. Actually, they purchased a number of homes, tried to deal with deal with Dublin City Council, but at the time I remember I called it out around what was taking place, and thankfully that was prevented. But you don't know who's.
Behind these properties, making massive windfalls from the misery
Behind these properties, making massive windfalls from the misery of so many people, and many who are forced into homelessness at the sharpest end. In the last week we've seen somebody who has died on the streets of Dublin again without a home, another Irish citizen. This is what's taking place in Dublin in 2026. It's absolutely outrageous, but thanks so much for all the support, and please share my videos far and wide. From Dublin and Crumlin today. It's.
Longford home. Bye-bye.
