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Sinn Féin says Fianna Fáil's plan to boost the Renters' Tax Credit is 'reckless'

Sinn Féin says a ban in rent increases is needed if the increased credit is to benefit renters.

SINN FÉIN HAS lashed out at Fianna Fáil’s proposal to boost the Rent Tax Credit and extend the First Home Scheme.

The Journal exclusively revealed today that Fianna Fáil want to, “at a minimum”, double the Rent Tax Credit to €2,000.

Micheál Martin has also said he wants to expand the First Home Scheme. 

In an interview with The Journal yesterday, he said increasing the Help-to-Buy grant to get money into the hands of people who are renting or buying homes might also be a consideration.

Sinn Féin spokesperson on Housing, Eoin Ó Broin TD called the proposals “reckless”, stating that they will “turbocharge house prices and rents”.

Sinn Féin’s housing policy includes scrapping the Help-to-Buy grants and First Home scheme, which the the Fianna Fáil leader has said will “crucify” first-time buyers.

Ó Broin said Fianna Fáil’s manifesto proposals will result in ever-rising house prices and rents, leading to more and more people being locked out of affordable housing.

“Extending the controversial Shared Equity Scheme will not only add to house prices but saddle working people with increasing levels of high risk debt.

“Increasing the rent tax credit without banning rent increases, as Sinn Féin proposed, will mean the money will go straight into the landlord’s pocket. Indeed, it will likely fuel even higher rents,” he said. 

The housing spokesperson said the Sinn Féin’s housing plan can bring affordable home ownership back into reach of working people, while reducing council waiting lists and ending homelessness.

“On the basis of what Micheál Martin has outlined today, another five years of Fianna Fáil in charge of housing will actually make things much much worse, with higher rents, higher house prices, rising homelessness and under delivery of social and affordable homes,” he added. 

Aside from Fianna Fáil and Sinn Féin, Labour launched it’s housing policy today which outlined that it will phase out the Help to Buy scheme over time by 2029 and develop a more income-targeted Save to Buy scheme for the purchase of new homes with income limits on the tax refund available.

Labour said it will phase out the First Home Scheme from 2026 in favour of affordable housing provided through local authorities and the new State Construction Company

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106 Comments
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    Mute Eddie Garvey
    Favourite Eddie Garvey
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    Nov 8th 2024, 6:50 PM

    Use tax payers money to allow people pay more money to developers and landlords, people will fall for it and FFG will get votes for it. It’s like giving everyone 10k to buy an electric car, prices will all go up 10k, car dealers will all make 10k more, the tax payer will pay for it instead of hiring more surgeons and nurses to operate on children’s spinal issues

    152
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    Mute Paul M Doe
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    Nov 8th 2024, 11:47 PM

    @Eddie Garvey: without developers and us wonderful landlords half the population would be homeless.

    83
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    Mute Eddie Garvey
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    Nov 9th 2024, 12:49 AM

    @Paul M Doe: I’ve no issue with landlords or developers, essential part of any country . I just think the govt deliberately doing something with taxpayers money which will fuel inflation is ridiculous. It’s a bit like if they increased the taxes on landlords and developers to give it to the open to pay for more bike sheds.

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    Mute Eddie Garvey
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    Nov 9th 2024, 12:54 AM

    @Eddie Garvey: “OPW” not “open” autocorrect got that one wrong.

    2
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    Mute Lefty Cries
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    Nov 8th 2024, 6:52 PM

    SF have the magic calculator out again, like last week with the free prescription and 40,000 doctors or whatever, if they do a remake of Wanderly Wagon, Sinn Fein would be the cast

    88
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    Mute Brian
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    Nov 8th 2024, 7:01 PM

    @Lefty Cries: Sure troll.. you keep voting for Dastardly and Mutley.. and their magic apple tree… you can’t even cite facts..

    78
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    Mute Michale Kane
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    Nov 8th 2024, 7:21 PM

    @Lefty Cries: they could get some advice from your hero Trump ? .. you could arrange an introduction?….. Or are you already booked-in with FG ? lol.

    35
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    Mute Lefty Cries
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    Nov 8th 2024, 7:24 PM

    @Michale Kane: My name is Michale Kane!

    30
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    Mute HisMastersAlibi
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    Nov 8th 2024, 7:33 PM

    @Lefty Cries: hehehehehhahahahaha,God dam Frank you are really putting out the hitters this evening

    11
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    Mute Paul M Doe
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    Nov 8th 2024, 8:33 PM

    @Lefty Cries: well said, SF are a bunch of weirdos

    32
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    Mute A W
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    Nov 8th 2024, 8:38 PM

    @Paul M Doe: look up at yourself firstly

    14
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    Mute Shane O Mac
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    Nov 8th 2024, 8:55 PM

    @Lefty Cries: and the price of the printer, price of the shed, calculator is needed for this government

    13
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    Mute Alex
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    Nov 8th 2024, 9:11 PM

    @Brian: Yes and we will keep voting for them. You can go to Canada.

    5
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    Mute H Woo
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    Nov 8th 2024, 9:18 PM

    @Shane O Mac:
    Sinn Fein need to work on their child and female protection policys, before the Irish people can trust them.

    133
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    Mute Brian
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    Nov 8th 2024, 9:55 PM

    @Alex: Oh look, it’s the Journals resident economics expert..lol. Vote away lad.. thats your perogative.. and I’m grand here thanks.. in my own country.. the country l helped build.. I’ve contributed more in tax to this country than you have contributed bs comments to the Journal.. and that’s a lot ! Funny, you want people who disagree with your political views to leave the country.. you’re a pillar of democracy all the same..

    15
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    Mute Sean O'Callaghan
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    Nov 8th 2024, 10:54 PM

    @H Woo: Claire Kerrane will be deporting a lot of her immigrant buddies back to the United Kingdom of Great Britain and Norther Ireland. All will be grand

    3
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    Mute Paul M Doe
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    Nov 8th 2024, 11:50 PM

    @Brian: shinners never built anything, they only know destruction, just look at that Kip to the border- all SFs doing. Muslim Mary couldn’t run a bath lol

    30
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    Mute Colette Byrne
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    Nov 9th 2024, 11:27 AM

    @Lefty Cries: do you not get tired, ??? your comments would actually encourage people to vote sinn fein. Cause if this is the calibre of the other party’s and how low they stoop. How much do trolls get paid these days.

    1
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    Mute Jb Walshe
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    Nov 9th 2024, 6:46 PM

    @Paul M Doe: she’s running around in your head 24/7,hope you dream about her as well

    1
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    Mute he didnt take the 120k because he already got it s
    Favourite he didnt take the 120k because he already got it s
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    Nov 8th 2024, 6:45 PM

    All mm did was tell landlords they are getting an extra 1k next year if they vote for him, sf pbp and soc dems would be ideal

    88
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    Mute Patrick MC Dermott
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    Nov 8th 2024, 6:58 PM

    @he didnt take the 120k because he already got it s: Just like the 100% mortgages. Look what that did to the price of homes.

    36
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    Mute Paul M Doe
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    Nov 8th 2024, 8:31 PM

    @he didnt take the 120k because he already got it s: if there was a brain cell in SF they would be dangerous

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    Mute Alex
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    Nov 8th 2024, 9:09 PM

    @he didnt take the 120k because he already got it s: and that’s good when landlords get taxed 52%.

    5
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    Mute H Woo
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    Nov 8th 2024, 9:10 PM

    @he didnt take the 120k because he already got it s:
    Marxism always impoverishes people, so no thanks.

    129
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    Mute he didnt take the 120k because he already got it s
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    Nov 9th 2024, 6:20 AM

    @Paul M Doe: give your head a good wobble, your clearly a far right racist bigot party supporter

    4
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    Mute Colette Byrne
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    Nov 9th 2024, 10:57 AM

    @Alex: they get taxed on the capital not the interest, also landlords can write off repairs, and new goods or services put into the property.
    So not actually 52% now is it.

    1
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    Mute Seanfhear míshásta
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    Nov 8th 2024, 7:10 PM

    All the renters tax credit does is inflate rent using tax payers money. It’s a scam.

    87
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    Mute Paul O'Mahoney
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    Nov 8th 2024, 7:50 PM

    How ? Getting landlords tax compliant is part of this….and if the landlord is not registered with the RTB can still gain the tax relief, once they essentially tell them where they live.

    56
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    Mute P. J.
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    Nov 8th 2024, 9:01 PM

    @Paul O’Mahoney:
    Which no tenant will do for fear the landlord will decide to sell the house.

    24
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    Mute Ronan Mc
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    Nov 8th 2024, 9:01 PM

    @Seanfhear míshásta: Doesn’t benefit everyone but it does benefit people in rent pressure zones who are already renters. Their rent is set and can only go up 2%

    5
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    Mute Lefty Cries
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    Nov 8th 2024, 7:19 PM

    This is strange, I find myself in agreement with a shinner, well said Claire, well said indeed

    61
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    Mute Trump24
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    Nov 8th 2024, 8:02 PM

    Nobody cares what the SF Pedo party says.

    86
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    Mute Paul M Doe
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    Nov 8th 2024, 8:40 PM

    @Trump24: thankfully another shinner was thrown into a cage today. Prison is alway the best place for a shinner

    85
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    Mute Trump24
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    Nov 8th 2024, 9:29 PM

    @Paul M Doe: It’s unbelievable they have another pedo jailed. Anybody that votes for SF is a disgrace to children and their safety. Absolutely disgusting and dangerous party.

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    Mute Lefty Cries
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    Nov 8th 2024, 10:11 PM

    @Trump24: how am I going to pay for petrol in my local filling station if SF get into government or the Green Party for that matter, Audis don’t run on fresh air

    70
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    Mute Paul M Doe
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    Nov 9th 2024, 12:10 AM

    I think it’s time for a mature discussion about bringing back internment for the shinner animals. Our children’s safety is at risk

    70
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    Mute Fidgenti
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    Nov 9th 2024, 9:32 AM

    @Lefty Cries: Are you implying that other brands of automobiles do run on fresh air. Or did you think we’d all be impressed because you drive an Audi chavwagon.

    1
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    Mute Colette Byrne
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    Nov 9th 2024, 11:10 AM

    @Paul M Doe: my children safety, is down to my good parenting skills, not a political party, ask the 4000 homeless kids, and the poor child no one noticed was missing for two years, or the disabled child abused in foster care. All under ffgreen watch

    24
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    Mute Michael Collins
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    Nov 8th 2024, 7:12 PM

    A Chairde. Get out and Vote. Men and women of Ireland fought and died for your freedom and right to vote. Honour those that sacrificed all, while having nothing. Today you have it all, think of those left behind and with nothing. Be kind, be generous, be proudly Irish.

    50
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    Mute Lefty Cries
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    Nov 8th 2024, 7:35 PM

    @Michael Collins: you were a truly great man, if you hadn’t been shot dead, Ireland would have been a better place for men, women and children. Instead we gave it to Fianna Fail and the Catholic Church, and we still have the misery and scars

    62
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    Mute Michael Collins
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    Nov 8th 2024, 7:42 PM

    @Lefty Cries: Nor would we have traitors like you.

    29
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    Mute Lefty Cries
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    Nov 8th 2024, 7:49 PM

    @Michael Collins: Arthur and you were forced into going to London, while the weasel went to New York, we owe you and Arthur our freedom to achieve freedom

    35
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    Mute Lefty Cries
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    Nov 8th 2024, 8:02 PM

    @Michael Collins: I am glad that I can be gay and have gay sex with with whoever I want, without being judged

    70
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    Mute Michael Collins
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    Nov 8th 2024, 9:04 PM

    @Lefty Cries: I’m glad too, glad that the great sacrifices of many Irish, earned you the freedom, to not be judged for your needs, while you hypocritically and traitorously judge others.

    17
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    Mute H Woo
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    Nov 8th 2024, 9:23 PM

    @Lefty Cries:
    And When Mary lou goes to London or New York she flies First Class

    90
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    Mute Lefty Cries
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    Nov 8th 2024, 9:40 PM

    @Michael Collins: but why how is that? We got divorce, gay marriage, abortion rights, you absolute tool Freeda or whatever

    68
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    Mute Michael Collins
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    Nov 8th 2024, 10:21 PM

    @Lefty Cries: Yes, you do now indeed have the freedom to be wrong as well as traitorous.. hard won freedoms… back in the day we didn’t even have the freedom to exist.

    6
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    Mute Paul M Doe
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    Nov 8th 2024, 11:54 PM

    @H Woo: she wouldn’t fit in economy lol

    69
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    Mute Lefty Cries
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    Nov 9th 2024, 12:44 AM

    @Michael Collins: back in the day lol

    28
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    Mute peter willekens
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    Nov 8th 2024, 7:03 PM

    All landlords ready to jump on that extra cash in ……1.2.3.

    45
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    Mute Paul M Doe
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    Nov 8th 2024, 8:32 PM

    @peter willekens: us landlords are the backbone of the economy :)

    35
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    Mute A W
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    Nov 8th 2024, 8:35 PM

    @Paul M Doe: leaches of progress for generation’s

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    Mute Paul M Doe
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    Nov 8th 2024, 11:53 PM

    @A W: that’s one way to describe those on HAP lol

    28
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    Mute Lefty Cries
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    Nov 8th 2024, 10:30 PM

    Who is the ugliest Taoiseach ever, Micheal Martin, Brian Cowen, De Valera, Jack Lynch, Bertie Ahern?

    66
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    Mute Paul M Doe
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    Nov 8th 2024, 11:58 PM

    @Lefty Cries: I always ask why are Shinners all so ugly, faces only a mother could love lol

    33
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    Mute Lefty Cries
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    Nov 9th 2024, 12:46 AM

    @Paul M Doe: has to be Michael Martin

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    Mute Fidgenti
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    Nov 9th 2024, 10:34 AM

    @Lefty Cries: Garret Fitzgerald by a mile

    1
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    Mute Colette Byrne
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    Nov 9th 2024, 11:04 AM

    @Lefty Cries: it’s not a beauty comp. the question is, who did a half decent job. That’s a hard question. Please think intelligently.

    1
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    Mute Colette Byrne
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    Nov 9th 2024, 11:06 AM

    @Paul M Doe: secretively you fancy Eoin or pearse. Tell the truth, or is it Simon, with his boyish good looks. Or ml mc you like the dominant mammy figure.

    1
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    Mute Lewis Armstrong
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    Nov 8th 2024, 7:27 PM

    I’ve emigrated and won’t be back soon but will vote for anyone but FFG

    41
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    Mute Paul O'Mahoney
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    Nov 8th 2024, 7:48 PM

    @Lewis Armstrong: How is that possible if you aren’t here?

    141
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    Mute Paul M Doe
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    Nov 8th 2024, 8:36 PM

    @Lewis Armstrong: delighted you left, less riff raff lol

    80
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    Mute P. J.
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    Nov 8th 2024, 7:02 PM

    Utterly pointless, the majority of tenants are too afraid to ask for the necessary landlord details in case the house is put up for sale

    40
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    Mute Paul M Doe
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    Nov 8th 2024, 8:36 PM

    @P. J.: rightly so, as a tenant I allowed you the privilege, never take it for granted.

    35
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    Mute A W
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    Nov 8th 2024, 8:42 PM

    @Paul M Doe: heyja frend, soo theenn, somebody can accidently smooooke u out

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    Mute Alex
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    Nov 8th 2024, 9:12 PM

    @P. J.: They own the home, they should be able to sell whenever they want,

    8
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    Mute P. J.
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    Nov 8th 2024, 9:41 PM

    @Alex:
    I agree with you.
    Also I’d imagine it would take a referendum to change that.
    My point was this policy is pointless!

    2
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    Mute The next small thing
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    Nov 8th 2024, 7:27 PM

    Good to see that SF are in favour of foreign born criminals being allowed to stay in Ireland, this will ensure that there will continue to be massive pressure on housing indefinitely. We have seen who the silent majority in the US voted for and one of the main reasons was immigration, if any of our mainstream parties opposed the levels (specifically IPA’s who have arrived here from other countries) we are seeing then they would be a shoe-in.

    29
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    Mute thomas molloy
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    Nov 9th 2024, 7:29 AM

    @The next small thing: The left and other crash the economy parties are under the illusion that an influx of immigrants will help them overthrow our government but people arriving in Ireland are fleeing leftist failed states with socialist politics. They will support what works not any Marxist rubbish.

    53
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    Mute Michael o connor
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    Nov 9th 2024, 10:14 AM

    @thomas molloy: back to bed skearon

    1
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    Mute Tim Brennan
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    Nov 8th 2024, 7:06 PM

    Just seen Carty on 6 one news shouting and roaring across others . The shinners simply don’t get we don’t like political bullies

    31
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    Mute Tony Gleeson
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    Nov 8th 2024, 7:09 PM

    @Tim Brennan: 225 billion in deth hope you can pay

    23
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    Mute Lefty Cries
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    Nov 8th 2024, 7:10 PM

    @Tim Brennan: a nasty man

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    Mute Patrick Kelly
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    Nov 8th 2024, 7:28 PM

    @Tim Brennan: Doherty does the same. Can’t say anything without raising his voice or shouting

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    Mute Paul O'Mahoney
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    Nov 8th 2024, 7:39 PM

    @Tony Gleeson: Incorrect and the word is Debt……

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    Mute Brian D'Arcy
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    Nov 8th 2024, 7:59 PM

    @Tim Brennan: But you’ll accept all the crap the establishment give us, we nedd Sinn Féin shouting for us because no-one else will

    21
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    Mute Paul M Doe
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    Nov 8th 2024, 8:37 PM

    @Brian D’Arcy: only decent thing a shinner ever did was starve themselves lol

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    Mute H Woo
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    Nov 8th 2024, 9:28 PM

    @Tony Gleeson:
    All countries carty a national debt

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    Mute Jb Walshe
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    Nov 9th 2024, 6:51 PM

    @Paul M Doe: disgusting comment from a Coward

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    Mute Allo Allo
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    Nov 8th 2024, 7:51 PM

    All I see here are people shaking their fists at the sky, in short dont rely on the government for anything especially housing & healthcare. Work hard, sacrifice, get qualified, never stop education, make good decisions and for most people you won’t need to worry about elections.

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    Mute Brian D'Arcy
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    Nov 8th 2024, 8:00 PM

    @Allo Allo: And pay taxes for what? You’re some clown. We elect them for a reason.

    16
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    Mute Paul M Doe
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    Nov 8th 2024, 9:15 PM

    @Brian D’Arcy: you shinners are getting desperate lol

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    Mute Allo Allo
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    Nov 8th 2024, 9:23 PM

    @Brian D’Arcy: Taxes guarantees nothing. just coz we pay taxes don’t expect that you live under the sultan of Brunei, all I’m saying don’t rely on the government, get ahead of it and sort it yourself, don’t put your family at risk.

    4
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    Mute J Ven
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    Nov 8th 2024, 7:32 PM

    Here’s a crazy suggestion, stop giving HAP like cereal, no HAP for anyone except pensioners and the disabled. If you gave a child and gave a full time job you can get a lot of money from the local council. That’s playing the landlord’s game, they just hike up the rent because they know daddy government will top it up too. The minute HAP is removed, housing crisis or not, the rents will decrease, why? There are only so many doctors and engineers making enough to pay an exorbitant rent without HAP, all others, even single parents won’t be able to afford it, bidding ywar? For a few places but not blood most, blue collar Ireland can’t pay these prices.
    The landlords will have no choice but to lower their rents or sell

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    Mute Paul O'Mahoney
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    Nov 8th 2024, 7:47 PM

    @J Ven: Where do all the people on HAP go then? It and other stuff costs close to €1bn now but where do we house people?

    It’s not ideal but putting the baby out with the bathwater isn’t a good strategy.

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    Mute J Ven
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    Nov 8th 2024, 7:56 PM

    @Paul O’Mahoney: it’ll be a game of chicken but the government have to be serious, think about it, landlords rely on HAP, without them people simply won’t be able to rent, people will have to go back to their parents, foreigners would have to go back, but the thing is that this may last a couple of months if any, once they see that it’s game over land people can’t afford it, they’ll have to lower their rents or no one will vacate these properties

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    Mute Paul M Doe
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    Nov 8th 2024, 8:39 PM

    @J Ven: as a landlord, if you personally can’t afford it then you don’t deserve it

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    Mute P. J.
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    Nov 8th 2024, 8:57 PM

    @J Ven:
    If HAP is such a great gift to landlords why did the government have to bring in laws to prevent landlords from refusing it?

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    Mute Paul M Doe
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    Nov 8th 2024, 9:04 PM

    @P. J.: it’s not at all, HAP means riff raff tenants, what landlord wants that? You are subsidising someone to live in your property?

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    Mute Clare Power
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    Nov 8th 2024, 9:52 PM

    @J Ven: utter rubbish

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    Mute Wolfgang Bonow
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    Nov 8th 2024, 10:45 PM

    @J Ven: I don’t think HAP is the real problem. It’s the social housing as well.
    Look at the numbers of the, supposedly, “single mums”.
    It pretty easy, from my impression, to abuse the system.
    Lets see:
    Single mum\parent, living with the parents = high on the social housing list. How come?
    The “single parents” is abuse right and left, because nobody, especially the government, can or wants to control it (how?).
    You could go back decades and some SW worker stops by and is checking your home.
    I don’t think HAP is the issue, but how to control\check it.
    Same with any other SW payment.
    I’m sure there are plenty genuine SW recipients and they deserve all the support they can get.
    Abusing the system is just too easy and with little power by the government, by law.

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    Mute Colette Byrne
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    Nov 9th 2024, 11:20 AM

    @Wolfgang Bonow: Leo tried the early riser &hit and it back fired on him. Sw is not the problem, nor is lone parents,
    It’s a lack of government policies I this area. When do you read sw de frauded. Very few headline stories. But sheds huts hospitals they are were the real criminals are. From the companies who build them, to panning and design.
    To politicians and councillors who sign off. They are the real criminals.

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    Mute SV3tN8M4
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    Nov 8th 2024, 10:11 PM

    Common sense comment by Clare Kerrane, pilloried by MSM, it happens in other countries. Ireland needs to get tougher with Immigration full stop.

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    Mute Lefty Cries
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    Nov 8th 2024, 10:12 PM

    @SV3tN8M4: I cannot agree more, that lady has gone right up in my estimations

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    Mute Sean O'Callaghan
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    Nov 8th 2024, 10:55 PM

    @SV3tN8M4: How many of her buddies will she send back over the border?

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    Mute Paul M Doe
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    Nov 9th 2024, 12:08 AM

    @Sean O’Callaghan: they should all F off back to the uk where they belong

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    Mute Johnny Wilson
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    Nov 8th 2024, 9:37 PM

    Further proof Paedo Fein are against helping ordinary working people.

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    Mute Paul M Doe
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    Nov 9th 2024, 12:09 AM

    @Johnny Wilson: SF despise working people

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    Mute BadBob
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    Nov 9th 2024, 1:09 AM

    Landlords cant increase rent because they are goverened by RTB conteols

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    Mute Paul M Doe
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    Nov 9th 2024, 7:04 AM

    @BadBob: you wanna bet?

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    Mute Colette Byrne
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    Nov 9th 2024, 11:02 AM

    @BadBob: rubbish

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    Mute Dan Murphy
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    Nov 9th 2024, 10:32 AM

    Council and Corporation houses should only be for Irish people. Not for anyone that rocks up. Secondly stop foreign investment funds bulk buying houses Thirdly only allow one house per family unit until crisis is sorted, ie no holiday homes.

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    Mute Colette Byrne
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    Nov 9th 2024, 11:01 AM

    @Dan Murphy: Why shouldn’t people have a holiday home? They keep the economy going in both places. Investment funds should be paying 52% tax as some are saying landlords pay.
    There are many reason people have a holiday home, it could be a old family home.

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    Mute Frank O'Hara
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    Nov 9th 2024, 12:45 PM

    Do my eyes deceive me? One of the major parties finally calling out reckless welfare handouts to those who don’t need it? One of the major parties actually understanding that throwing money at a problem and subsidising it only causes the prices to go up? I don’t know whether Sinn Fein had a change of heart or if they are just doing this to appeal precisely to fiscal penny-pinchers like myself, but the fact that even one party is calling out this reckless use of taxpayer money is a relief. The next step for Sinn Fein is to call for the abolishing of rent control and zoning laws, but I won’t get my hopes up.

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    Mute Tim Brennan
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    Nov 9th 2024, 5:06 PM

    Mary Lou knows all about wreckless with her
    Defence of her Senator whom she knew or informed herself of his preference for minors

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    Mute Dan Murphy
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    Nov 9th 2024, 11:33 AM

    Colette, Sorry if I was unclear I meant buying during the crisis, if people have a holiday home now that’s fine.

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