Reasons to be positive in Waterford?

Deleted User wrote: »

Elaine really gets on my grill. She is constantly on LinkedIn trying to convince people to move from Dublin to Waterford to work from home. That is the last thing we need in Waterford now People moving in mass from Dublin to Waterford, the rent prices will go through the roof (even worse than they already are)

Yeah I agree..we should be all doing the opposite and encouraging more people to leave Waterford. It doesn't matter that they will bring their spending power with them. Actually rather than encouraging them maybe we should just run people out of their homes and out of the county. An ideal senario would be that we get rid of enough people that there were so many empty properties left that those of us who remain could live rent free!

Deleted User wrote: »

Elaine really gets on my grill. She is constantly on LinkedIn trying to convince people to move from Dublin to Waterford to work from home. That is the last thing we need in Waterford now People moving in mass from Dublin to Waterford, the rent prices will go through the roof (even worse than they already are)

What an utterly stupid post! :mad:

Motivator wrote: »

So you don’t want people with actual money to come and live in the city? The more people that come and live here the better, the city is a kip and needs people to come in and spend a few bob.

...the issue with this thinking is, that it wont harm our property markets, that this money will trickle down, it wont, under such conditions, a significant proportion of this money actually trickles up through whats called rent seeking behavior. we need people spending money in the region, for obvious reasons, but we also need to place appropriate protections surrounding our property markets, this is rarely done, hence our current property situation. as more and more people are priced out of our property markets, this in turn undermines other major elements of our economy and society, including markets such as pension funds etc

Max Powers wrote: »

Absolutely, people bringing more spending into city is great for businesses, cafes, restaurants, arts etc etc. Unbelievably Hard to credit someone would consider otherwise, really hard to credit.
I totally agree with what that lady says, Waterford is a brilliant place to live, especially if your job is flexible like the tech remote working scene is.
Added to that some of these tech people start new businesses. Re: houses and prices, more housing is the answer.

...and again, this is where our government is failing in regards housing, yes supply will certainly help, a lot, but ignoring the money supply wont

Houses prices in Waterford and it's surrounding areas have increased regardless this past 18 months. That's nothing to do with the north quays it's just supply and demand

If the lending rates ie the 3.5 times is going to be relaxed the house prices will only be going one way up for the next year. Saw a standard 3 bed in Foxwood is up for 285, not sure will it sell for that but its an. indication all the same of how crazy things are right now

deise121 wrote: »

the only mortgage we qualify for is the rebuilding ireland homeloan. even with our massive amount of savings, the MAX value a house can be is 250k with this homeloan. this is rather disappointing considering the value of this loan was set nearly 6 years ago and in the past year housing prices have gone up at least 30%. we will be able to buy a 3 bedroom, 1 bathroom piece of **** of a house in the middle of town surrounded by foreigners and roma gypsies. the size of this house won't do my family at all as we have a rather large family by modern standards.

i'm absolutely gutted and very depressed. not to mention i've had no communication from the council in about 7 weeks regarding the mortgage either.

in january there was a house up off the cleaboy road listed for 210k which didn't sell. it's now back up for 245k. we won't even be able to bid on this as it will go over 250k with the first few bids. i'm sickened and really don't know what to do.

You sound like a racist tbh

friendlyfun wrote: »

You sound like a racist tbh

Sure we're all racist now Ted 🙄

Waterford's population is expected to grow fairly significantly in the next 20 years, and frankly it needs to.

There has always been a trend of people moving to Dublin or further afield when they finish school who settle back at home to raise a family.

It's a good thing for the city to have a diverse mix of people with different backgrounds living in it.

[Deleted User] wrote: »

The city has got fairly diverse over the past twenty years and Waterford is a better city cause of it. I think most people have no problems with the city expanding and growing, but we need to build houses so there is somewhere for newcomers to live.

One super thing about living in bigger cities is how people are forced to be creative and maximise the use of existing spaces.

There's a lot of underutilised property and sites in town that I look forward to seeing getting redeveloped.

Deleted User wrote: »

My main concern for the city is affordable housing for families to be honest.

We as a family earn too much to qualify for any government help but not enough to qualify for a mortgage (at current house prices), so we are kind of stuck in the overpriced rental market.

What I was saying above is the range you would be looking in is a different range to what people returning would be looking for. You would hope over the next few years that more demand means an even higher amount of houses built at all ranges. Terrible situation to be in for the moment though and its why the Government are sliding down the polls.

Jesus wept! The name of this thread is actually called "Reasons to be positive in Waterford", yet the last few pages are whinging about having qualified people on good salaries (the kind of people that various threads lamenting the lack of a University in the South East have been citing as a brain drain), returning to Waterford! I mean how do people expect to get the economy of the south-east back on a level pegging with other, more prosperous areas of the country?

Now, I know people might say that if these individuals are living in Waterford on Dublin salaries but working for a company in Dublin, what's the benefit and that's a fair point. But forgetting about the more tangible things such as having more disposable income which would be spent in Waterford, having that increase in more qualified subject matter experts in the region can only be a good thing. Waterford is actually not too badly served in terms of Pharma and IT believe it or not, but having these people here in terms of collaboration or in terms of transitioning to full time roles in the South-East will definitely be something that will happen over time. Don't forget that most companies haven't gone 100% WFH, there will still be the element of having to go to Dublin a couple of days a week, which I think for most people will have a limited lifespan, therefore I think over the next few years there will a lot of those people transitioning to more permanent roles in the South-East.

Forget about the North Quays or a University, I think personally that COVID might have been one of the best things to happen to the Waterford economy in the last 20/30 years.

One way or another house prices in Waterford have been undervalued for years, however given the vast liveable reasons to move here; low cost of living, mountains, beaches, greenway, etc... on our doorstep and particularly with the working from home trend, prices are going to rise significantly over the next few years whether people like it or not, so I would be of a view to embrace it and see what will happen. I've seen it myself with friends moving back, I'm considering it myself TBH.

The market will adjust itself, the way it always has. It will probably drive prices up across the board I'm not going to lie, but hopefully that will be offset by the increase in employment and opportunities across the region too.

Anyway more on track with the thread title, the quality of busking went up today when I saw some lads playing in a band with guitars, drums the whole nine yards.

I celebrated a birthday in Pinks and it was great!

Great news.