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Sinn Féin's Eoin Ó Broin has led calls for the shared equity scheme to be scrapped Sasko Lazarov/RollingNews.ie

Dáil to debate Sinn Féin's motion on scrapping scheme which it says 'will not make homes more affordable'

The Minister for Housing, however, has said the scheme will help young prospective homeowners out of a “rental trap”.

THE DAÍL WILL today debate Sinn Féin’s motion on scrapping the government’s shared equity scheme, which it claims “will not make homes more affordable”. 

The party’s housing spokesperson Eoin Ó Broin has said that the scheme risks “heaping unsustainable levels of debt” on prospective homeowners and will put “significant sums of money in the pockets of large developers”. 

The government, however, has defended the €75 million scheme with Housing Minister Darragh O’Brien calling it a “specific and targeted measure” to help young working people be able to afford a home. 

The scheme would involve the State paying for up to 30% of the cost of new houses in return for a stake, which would be paid back interest-free over a period of time. 

O’Brien said comparable schemes have boosted supply without a significant increase in house prices, and will help those caught in a “rental trap”.  

As well as opposition TDs, concerns have also been raised about the scheme by the likes of the ESRI and the Central Bank amid fears it could drive up house prices. 

Patrick Costello and Neasa Hourigan – two Green Party TDs – have also expressed concerns about the scheme this week.

Sinn Féin’s Ó Broin has said that Minister O’Brien “cannot keep dismissing legitimate concerns” over the scheme.

He said: “It must be scrapped, and the funding must be repurposed for the delivery of genuinely affordable homes.”

The motion will come before the Dáil for debate at 10am this morning. 

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    Mute gingerman
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    Feb 5th 2012, 11:05 AM

    Oh no. More cheap sensationalist TV. Why not legalise prostitution, generate some tax revenue, give more protection to sex workers, but most of all make the sordid sexually repressed gits who make these kind of documentaries permanently redundant

    203
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    Mute Paddy O Donnell
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    Feb 5th 2012, 12:40 PM

    legalising onlyempowers the current crop of gangsters controlling it to enflict more misery on their unfortunate, captive assets.

    49
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    Mute Rob McDonagh
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    Feb 5th 2012, 4:36 PM

    Yeah. Cause its up to RTE to legislate for sex workers. If they didnt make these docs people would complain more so. Sensationalist comment more like.

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    Mute Wendy
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    Feb 7th 2012, 6:02 PM

    The only thing full legalisation did in Holland was set a ground for more sex trafficking and forced prostitution, conclusion, it doesnt work.

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    Mute Burned Toast
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    Feb 5th 2012, 11:07 AM

    And the News of the World will be relaunched as the Sun on Sunday soon…

    Such hypocrisy. If you’re suspended, you’re suspended. Guess that doesn’t apply to state bodies then.

    102
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    Mute Hotmamasarah Murphy
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    Feb 5th 2012, 11:45 AM

    My ex used have a Prostitute outside the corner of his flat in Cork, the traffic on a friday and saturday night to see her was unbelievable, men in their family cars, the baby-seat in the back, availing of her services. The law needs to start focusing on getting these women off the streets and targeting those who are using prostitutes by naming and shaming. Setting up video surveillance of hot spots so number plates can be registered and those then can be charged for solicitation.

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    Mute random
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    Feb 5th 2012, 11:22 AM

    I’ll be interested to see this after reading about that “between the sheets” book the other day and some of the comments on that article. It made me realise that I really don’t know a lot about what these people are experiencing.

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    Mute random
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    Feb 5th 2012, 11:25 AM

    My first RTE content in many years incidentally. Guess I’ll deserve to pay the media tax after all…

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    Mute Imran Ali
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    Feb 5th 2012, 2:29 PM

    Are we really expected to believe that most of these women are trafficked and few do this ‘work’ of their own volition?

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    Mute Foggy Lad
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    Feb 5th 2012, 3:38 PM

    just look at how many pimps in the UK are Muslims it really shows how Muslim men regard women as nothing more than a possession not much more valuable than a car or a cow.

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    Mute Aranthos Faroth
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    Feb 5th 2012, 5:53 PM

    Prostitution is just damn disgusting!

    The people that use the ‘service’ should be named and shamed, they are no better than rapists in my eyes.

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    Mute Rob
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    Feb 5th 2012, 6:00 PM

    i don’t see whats so bad about the nature of prostitution – to me it seems that most of the stigma comes from having to stand on street corners or run a brothel out of an apartment!

    i dont see how legalisign it would be that much different to strip clubs (yea i’ve no real issue with those either!) – makes it safer for the girls / guys involved and regulates it in terms of health and safety and most importantly taxes!

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    Mute my politics
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    Feb 6th 2012, 1:02 AM

    I dated a girl in a sunny country far far away. I owned 2 pizzerias and doing very well and she was an18 year old lapdancer. I worked 7 days a week employed 15 staff and payed my taxes. She worked 4 to 5 nights a week at a club payed no taxes and earned almost double of what I earned. She was not a victim of anything nore was she trafficked. She was a good ‘ol home grown girl having a good time. Ireland needs to get out of the dark ages and join reality. Prostitution is one of the safest types of sex anyone can have especially for a guy. No false rape allegations, its always with a condom, she’s not the last drunk girl in a pub and its also probably cheaper than buying a girl drinks all night. Catch a wake up Ireland and all your feminists.

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    Mute T M
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    Feb 5th 2012, 1:49 PM

    If one legalises prostitution it goes underground. Just look at the Dutch model and recent comments the mayor has said. Also the Swedish model does not work. The turn off the blue light website is run by pimps who think its perfectly ok to write a review on said experience with an escort! Which some believe. 70% of women in prostitution come from a background of rape incest abuse and neglect.

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    Mute Nigel Briganti
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    Feb 5th 2012, 5:27 PM

    70% I’d say 70% of the whole population have suffered from rape, neglect, incest & abuse.

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    Mute Eire
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    Feb 5th 2012, 3:45 PM

    Has Curran & his cronies resigned from RTE? Who is in charge now ? What checks & balances are there? who has been disciplined? & what monies are they still been paid to these employees I continue to be suspicious of news investigation giving their abuse of broadcasting powers , pathetic apology & the inaction of the RTE board!

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    Mute Fiachra Maolmordha Ó Raghallaigh
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    Feb 5th 2012, 9:24 PM

    We really need to rethink our attitudes to prostitution and hardcore pornography. The former is illegal and completely taboo, while the latter is now legally available to anyone with and internet connection. Of course there is a legal technicality, when it comes to pornography – the actors and actresses are paid to be filmed, not to have sex. Pornographic actors also claim that they pick their partners. But seriously, does anyone really accept this? On the first point, the actresses would not be filmed or paid if they did not have sex. As for the second, prostitutes are actually free to turn away customers.

    It makes zero sense for hardcore pornography to be legal and prostitution illegal, and vice versa.

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    Mute gingerman
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    Feb 5th 2012, 8:41 PM

    Aranthos. WTF?

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    Mute gingerman
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    Feb 6th 2012, 8:18 AM

    @ my politics. Da durty hoar

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    Mute Karl Doyle
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    Feb 5th 2012, 6:40 PM

    They’ll find a way out of anything if it makes them money.

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