Anyone know what to do with 33,000 empty homes?

gonedrinking

sensibleken wrote: »

Set them on fire!!! failing that we could just set some of them of fire. then we could celebrate our new found recovery with a big fire!

Thats your answer to everything! Not all of lifes problems can be solved by arson.

sensibleken

gonedrinking wrote: »

Thats your answer to everything! Not all of lifes problems can be solved by arson.

Lima!

thats my answer to whats the capital of Peru. HA! hows the weather down there in wrongland, error balls!

optogirl

gonedrinking wrote: »

Ireland doesn't have any homeless, how could we possibly have homeless when we give people 200 euros a week for doing nothing.

I would buy an apartment if they lowered the price to under 170k.

What about children who run away from home?

Straight Talking Mikey

SV wrote: »

I'll take a few?

Surely the first thing to do is to remove the druggies from these estates........ Unless you want a roomie??

Ash.J.Williams

i'd like one, I have a full time job, just can't seem to get a mortgage....

msg11

Ash.J.Williams wrote: »

i'd like one, I have a full time job, just can't seem to get a mortgage....

I for one on min wage (11.50 an hour) , 25 hours a week. Wouldn't dream of asking or wasting my time on a mortgage .. What are they expecting us to do? Bring them down to 50G's and I would try all in my power to take one. Even if it's down the sticks ..

Really no point in tearing them down. Why would you expect people to buy from them then say yeah you (tax payer) just paid 650,000 for that house. But we are going to pull it down to the ground.

Are they stupid ****s or what ? Really, what ****ing direction are they going in that government at all. There juggling 5 problems around at once, and making a mighty fine mess.

ArmaniJeanss

TheZohan wrote: »

Don't knock them down. Let the market decide a fair price for them and sell them. Simple.

Good idea in theory. The problem is a lot of these visually lovely estates have zero value at the moment. Structually perfect houses but not yet properly connected to gas, electricity,water or sewage systems.
And no money to do any of these things.

So no-one can afford to buy them, no-one can afford to finish them.

Knocking them down is eventually going to be the solution.

ArmaniJeanss

Fk, thought this was Economics discussing Ghost Estates, not After Hours.

AH response. Maybe they can make a few Scooby Doo films in them.

Snakeblood

msg11 wrote: »

I for one on min wage (11.50 an hour) , 25 hours a week. Wouldn't dream of asking or wasting my time on a mortgage .. What are they expecting us to do? Bring them down to 50G's and I would try all in my power to take one. Even if it's down the sticks ..

Really no point in tearing them down. Why would you expect people to buy from them then say yeah you (tax payer) just paid 650,000 for that house. But we are going to pull it down to the ground.

Are they stupid ****s or what ? Really, what ****ing direction are they going in that government at all. There juggling 5 problems around at once, and making a mighty fine mess.

Some of them would require more money to make habitable, and they're still in them middle of nowhere. It might make more sense to tear them down, because they were bloody stupid ideas. Not all of them, mind.

Ash.J.Williams

Snakeblood wrote: »

Some of them would require more money to make habitable, and they're still in them middle of nowhere. It might make more sense to tear them down, because they were bloody stupid ideas. Not all of them, mind.

I know it's not funny but you have to laugh....Homes have been so precious to the Irish for all of history...and now we hear of tearing down whole estates...it just seems mental....like i WANT one....but they are going to destroy them!!

Snakeblood

Ash.J.Williams wrote: »

I know it's not funny but you have to laugh....Homes have been so precious to the Irish for all of history...and now we hear of tearing down whole estates...it just seems mental....like i WANT one....but they are going to destroy them!!

Laugh or get a knife and break into Bertie Ahern's house and hide in his cupboard.

Best laugh then.

Pookah

*rubble, rubble, rubble*

Snakeblood

Pookah wrote: »

*rubble, rubble, rubble*

I'm not really the knife wielding maniac type, sadly.

witty username

Rest home for pirates?

Son Of A Vidic

Stating there's only 33,000 'ghost houses' in this country, is indeed very wishful thinking.

Pookah

Snakeblood wrote: »

I'm not really the knife wielding maniac type, sadly.

The very fact you're denying it, makes me a little suspicious.

fontanalis

When you have an over supply, build more houses.
http://www.independent.ie/national-news/11000-new-houses-built-as-300000-still-lie-empty-2278269.html

dahamsta

Sorry for wandering off topic, I don't have the answer to mike65's question, but I do wonder why we're not occupying stripped-out NAMA hotel rooms with low-security prisoners and hospital patients? It's not as if they're going to be occupied by guests in the next 5-10 years.

Degsy

Find stupid Sindo hacks with Sex In The City pretensions and flog them for 500k a pop.

dahamsta

Degsy wrote: »

Find stupid Sindo hacks with Sex In The City pretensions and flog them for 500k a pop.

I think you'll find that "stupid" is redundant. And I think a general "INM hack" or possibly even just plain "Irish hack" would be more accurate. I could count the talented journalists in this country on my fingers and toes.

Spacedog

round up the kiddies who constantly whine on boards.ie about the poor and the non-nationals while living in their moms attic, convert the ghost estates to death camps and send 'em there.

Happy Days!

flyton5

They should give them out to prize bond winners....


As for that person on disability who's been on the housing list for 4 years...get in line behind the junkies like a good citizen. Absolute cheek of you to even suggest you should have a decent standard of living. :rolleyes:

topper75

TheZohan wrote: »

Don't knock them down. Let the market decide a fair price for them and sell them. Simple.

Why do people continue to post after this guy? He has answered the OP's question.

There should be no NAMA and the people who were involved in these building investments should be left to face what they deserve in a free market - financial ruin.

FreudianSlippers

topper75 wrote: »

Why do people continue to post after this guy? He has answered the OP's question.

There should be no NAMA and the people who were involved in these building investments should be left to face what they deserve in a free market - financial ruin.

Most AH posters have little to no clue about how the world and economics really work, so leave them to their little dreams.

Snakeblood

Millicent wrote: »

Ah, I understand your point, but taking a source of income out of the hands of a lot of landlords (who are probably using that income to pay the mortgage on the property) won't help matters. I don't think it's a bad idea -- just think it might have some negative consequences.

Yeah, but I could use the money that wasn't given to landlords on things I want to buy.

I'll put it like this: Landlords should theoretically be able to make money off renting their properties. If they can't, then they have to sell the property. Landlords are not producing something as such, they are selling a service that is already made, and is abundant in any case. I'm currently producing wealth, as in people from abroad are paying for something I produce. Landlords who are giving accommodation to rent supplement users are not produce anything, they're living in an artificial bubble.

Snakeblood

Pookah wrote: »

The very fact you're denying it, makes me a little suspicious.

I couldn't. Cupboards make me claustrophobic.

BrokenArrows

ill take one.
to be fair if they have 33000 empty buildings would they not be better off selling them for half nothing.

FreudianSlippers

BrokenArrows wrote: »

ill take one.
to be fair if they have 33000 empty buildings would they not be better off selling them for half nothing.

Depends on who owns them tbh.

If they're lumped in NAMA then they will probably do that once all the transactions have been finalised. Probably the government will turn a lot of them into affordable housing or social housing.

If it's a developer that still owns them, they will just let them sit until the market rebounds to find a equilibrium point. They will never sell for the "market value" when they were built, but they will probably return to cost price in the next 3-5 years assuming that the socialists and labour don't get into power and fúck us all back into recession.

MySelf56

OisinT wrote: »

Depends on who owns them tbh.

If they're lumped in NAMA then they will probably do that once all the transactions have been finalised. Probably the government will turn a lot of them into affordable housing or social housing.

If it's a developer that still owns them, they will just let them sit until the market rebounds to find a equilibrium point. They will never sell for the "market value" when they were built, but they will probably return to cost price in the next 3-5 years assuming that the socialists and labour don't get into power and fúck us all back into recession.

ru suggesting we are out of recession? 0.001 is just enough!hurry!! D4 thoery.

Ruu_Old

Put them on eBay.

FreudianSlippers

MySelf56 wrote: »

ru suggesting we are out of recession? 0.001 is just enough!hurry!! D4 thoery.

Economic recession is over and has been for months. That's why when you watch the news (if you do?) you hear them discussing avoiding a "double-dip" recession.

Taxpayers won't feel the effects of that for a few months unless people keep not spending money and getting/spreading misinformation.

Oh, and the budget could fúck it up too.

barney4001

Maybe balloting them houses off each month @10 euros a ticket ,thats bound to be a good seller if your not in you can't win,winners to complete whatever work needs done to the propertty

WildBoots

OisinT wrote: »

Economic recession is over and has been for months. That's why when you watch the news (if you do?) you hear them discussing avoiding a "double-dip" recession.

Taxpayers won't feel the effects of that for a few months unless people keep not spending money and getting/spreading misinformation.

Oh, and the budget could fúck it up too.

Lol, what planet are you on?!

Celly Smunt

stoner villages? one hashish coffee shop in the estate,international tourists renting getting stoned in an environment that isn't linked to close to residents,huge income and out of sight.

Rockery Woman

Could some of them be finished off? Some estates have half-built and almost complete housed that could be finished and tidied up.

Is it possible they could be finished? Or even sold at a low price as unfinished? If they were rented out even at a lower rate surely they would be paid for eventually?

If someone bought an unfinished house, they could spend a few years finishing it and making it habitable. Ok it would be a slow way of getting your new house but younger people might be interested in that idea.

It would be a shame to raze them. Saw some pictures in the Daily Mail yesterday, many of the houses require a bit of work and money. The infrastructure is poor to say the least.

There is no easy answer I suppose, but surely some of these lovely new houses could be saved. Knocking them down would be terrible. I know they shouldn't have been built in the first place, and perhaps its throwing good money after bad.... but its just a thought.

WildBoots

WildBoots wrote: »

Lol, what planet are you on?!

Well he's right, there will not be a double dip, it's an L type! what we will see over the next few months will be the new normal, A "steady state economy" very limited growth. Perhaps internal migration to places where there is still work, leaving remote rural houses to rot (ghost estate or not).

On the flip side inner city housing projects may get a boost

Ruu

Ruu wrote: »

Put them on eBay.

I'll raise you 1c

Celly Smunt

Deleted User wrote: »

I'll raise you 1c

reserve of -€300,000 lol.

stovelid

Spacedog wrote: »

round up the kiddies who constantly whine on boards.ie about the poor and the non-nationals while living in their moms attic, convert the ghost estates to death camps and send 'em there.

Happy Days!

Post needs a paypal link.

FreudianSlippers

WildBoots wrote: »

Lol, what planet are you on?!

The one where Ireland exited the recession in the 3rd quarter of 2009 posting a 0.3% growth in its economy

gurramok

OisinT wrote: »

The one where Ireland exited the recession in the 3rd quarter of 2009 posting a 0.3% growth in its economy

I'm not sure if your been sarcastic, but try quoting GNP to reflect the real economy!

FreudianSlippers

gurramok wrote: »

I'm not sure if your been sarcastic, but try quoting GNP to reflect the real economy!

Well, economists judge recession on GDP.

Either way, 2009 we were 23rd in the world for GNP at US$44,310 at about 0.8%

gurramok

Which is €31,500 at current exchange rates!

homerjay2005

i think its more than 33,000, it does not include houses that are just shells i think.

it should not be that hard to set up a huge campaign to sell them all off at about 175,000 each, which if they sold them all, could raise up to 10billion euro and would help finish off the others also.

fontanalis

Interesting thread.
http://www.thepropertypin.com/viewtopic.php?f=4&t=33295