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House Building Growing Strongly

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    #2
    keane2097
    Registered Users Posts: 17,773 ✭✭✭✭keane2097


    6500 houses built to date this year and we need what, 25000 a year to stand still in Dublin alone?

    Fingers crossed for the 400% growth next year.


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    #3
    Henbabani
    Registered Users Posts: 214 ✭✭Henbabani


    keane2097 wrote: »
    6500 houses built to date this year and we need what, 25000 a year to stand still in Dublin alone?

    Fingers crossed for the 400% growth next year.
    If you're trying to find the bad in everything you can easily do it.


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    #4
    Browney7
    Registered Users Posts: 3,100 ✭✭✭Browney7


    Henbabani wrote: »
    If you're trying to find the bad in everything you can easily do it.

    It's more like seeing through the spin of a failure being spun as a positive.

    Media shouldn't be lapping this up so readily but there you go.


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    #5
    keane2097
    Registered Users Posts: 17,773 ✭✭✭✭keane2097


    Henbabani wrote: »
    If you're trying to find the bad in everything you can easily do it.

    I would say from seeing you post a lot over the last few months you are relentlessly focused on painting the housing market in Ireland in the most positive light possible, despite not having that much hands on experience of it.

    It's not bad news that more houses were built this September than last September, but this article is a fairly transparent spin on a situation that we know is already quite bad and is set to get considerably worse based on these 'positive' numbers.


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    #6
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    Henbabani wrote: »
    If you're trying to find the bad in everything you can easily do it.

    lol, I do love your ongoing quest to find signs that property supply has returned to normal levels.

    What that headline should say is:

    Ireland is only building a quarter of the houses it needs.


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    #7
    Nika Bolokov
    Registered Users Posts: 651 ✭✭✭Nika Bolokov


    keane2097 wrote: »
    6500 houses built to date this year and we need what, 25000 a year to stand still in Dublin alone?

    Fingers crossed for the 400% growth next year.

    We don't need 25000 houses we need 25000 units of accommodation. A 4 bed house in some cases will end up in a house share giving 4
    units for example, people will pass on , move away bringing some social housing back on board too.

    A target like that which I expect is encouraged by builders will lead to way too much building , a ton of crap built ( which is happening) in a mad panic to solve a need which has not been properly analysed. One person needing a home doesn't need we need to build a house.


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    #8
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    The estimates for the number of new homes needed to meet demand has been rising. Analysts at financial firm Davy said the figure was “at a minimum” of 35,000 homes a year and “perhaps as high” as 50,000 up to 2021. The Housing Agency estimated in February that 20,00-25,000 a year was required. The Economic and Social Research Institute, the State-funded think tank, says 30,000- 35,000 units are needed.
    Marian Finnegan, chief economist with property agents Sherry FitzGerald, puts the requirement at 38,000-39,000 houses a year up to 2020.

    From the Irish Times: https://www.irishtimes.com/news/ireland/irish-news/complex-housing-crisis-needs-variety-of-imaginative-solutions-1.3213435


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    #9
    __..__
    Registered Users Posts: 452 ✭✭__..__


    Nika Bolokov wrote: »
    We don't need 25000 houses we need 25000 units of accommodation. A 4 bed house in some cases will end up in a house share giving 4
    units for example, people will pass on , move away bringing some social housing back on board too.

    A target like that which I expect is encouraged by builders will lead to way too much building , a ton of crap built ( which is happening) in a mad panic to solve a need which has not been properly analysed. One person needing a home doesn't need we need to build a house.

    To make 4 units you need to fill it. A family might fill it with children. To fill that 4 bed house fully you need investors. No more investors are going to buy into the shambles we have going on here.


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    #10
    L1011
    Registered Users Posts: 68,828 ✭✭✭✭L1011


    __..__ wrote: »
    To make 4 units you need to fill it. To fill that 4 bed house fully you need investors. No more investors are going to buy into the shambles we have going on here.

    Figures for cash sales suggest they are still. Ditto there hasn't been the reduction in units people claim would happen.

    Still hear people in work talking about spending their retirement lump on a rental etc


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