Despite promises to phase out the long-leasing of social homes, Government continues

It is more than 3 years since Michael Martin gave a commitment to end the practice of long leasing social homes.
The practice would be phased out, we were told, except it was not.
In the Business Post at the weekend, we learned that the State is continuing to enter into these deals and the rents being charged are through the roof.
Deals with rents up to €3,200 per month have been agreed. That means that over the course of a 25-year lease, the State is spending more than €900,000 on a single social home.
Having spent nearly €1 million to rent it, the State then hands the home back to the developer or the vulture fund