2-Bedroom houses now start at over half a million euro

With full driveways.

These are very high end homes in a very expensive area with excellent infrastructure.

*THESE* two bedroomed houses start at 0.5m, but your thread headline that '2-bedroom homes now start at over half a million euro', as if it is some sort of market norm, is false and misleading.

I can find you a 2 bed home in the county of Dublin for 250k and one for 2 million, if its outliers you are interested in.

No it isn't. Two average wage earners together make 70 to 80 grand and could get a 300k mortgage without blinking.

Hypothetically...If we weren’t in the EU, I’d love a government to take on developers...via use of a housing regulator... max price for houses and any attempt at gouging or trying to circumvent would lead to criminal convictions...

dozens of industries are regulated, a pub in a housing estate in Santry can’t serve alcohol after 11.30 on a Wednesday.

regulating house prices via a housing regulator should be done...

lol...we are both obviously residing in two different dimensions. Its not about getting a mortgage for a 300 k without a blink (which is an obvious lie anyway) but it is about fact that 300k is percieved normal for a 80sqm sh1t box that I wouldnt even call a house. Something that is attached to your neighbours wall is not a house. Its a farm.

What's wrong with Irish water?

If you clear out the noise from the fucwits like Paul "silver spoon" Murphy and other fools, you'll realise Irish water have managed the water system fairly well and semi-permanent boil water notices are a thing of the past.

The LDA looks promising and proper long term funding is being provided. Let's hope it hits the ground running

Maybe do what I did. I couldn't afford the rent in the town I was living in, so moved to a place I could afford.

It seems like crazy money for those house sizes - but it's market forces. If people will pay those prices that's what they'll charge.

There's not enough houses being build low supply high demand equals high prices . It probably costs 200k plus to build a house,building materials cost 35 per more since 2020 it's a ridiculous price for a standard house my friend sold a 4 bed house dublin 15 for 250 k 3 years ago with large back garden

But you are also paying for location

Plenty of 3bed houses going for 250k in working class aread

Builders used to always build new 3 bed house my advice buy where you can afford to buy i think now banks are asking how much couple earn plus can you get money from your parents too for the deposit

The regulator has to make sure banks are not lending too much money to couples to buy a house and the government says it will build 20k units per year

I might be more acurrate to post New 2bed houses are now 500k

You are paying 250k to live on the south side, a mortgage is 30 years approx, to pay back the extra 250 k will actually cost you 500k.at least assuming interest rates are low, you can still buy an old 2bed house for 250k on the northside

Interest rates on mortgages may go up in a few years as inflation rises no one knows what interest rates will be in 2030

I'd like a housing expert or an economist to discuss is a 2bed house for 500k a good investment ? Dublin is not new York or London

I was up in clayfarm earlier. The amount of development underway is staggering... there should be a condition of planning, that these massive developments require at least a basic local shop ... you have people driving a few km to get a litre of milk for god sake! It's just insane...

You are right about us following the failed us model though... it shows you the absolute hate faced living going on from politicians about sustainability etc. When they are actively opposed to it... sanction low density housing near the only semi decent bit of rail infrastructure in the state and the only bit that has been in a hundred years, is the few km mickey mouse luas system and it is totally mickey mouse for a city of 1.5 million and 2 million probably not more than 2 decades off...

One third saying they love I a property worth less than 200k and pay e90 a year. It's a ridiculous tax not even worth collecting ... scrap it. The only ones paying anything meaningful, are the ones already contributing far more than their fair share of tax...

453 million?! It would run the country for 2 or 3 days. The government recently said they are several billion ahead of where they though the state finances would be only a few months ago...

Where do they get the several billion every year to increase spending?

Economic growth... it's a farce of a tax... why not tell the people

Apparently, we're rich once again. The boom is back baby!

That's what I've been told anyway.

Sure isn't it great craic living in a wealthy western nation? You lucky old sods, you're all living the dream! 😂

It's more beside the M50 than inside really. It's way far out from town.

you gotta love a 'fire sector' driven and run economy!

as far as im aware, adhd is a genetic disorder, may stand corrected though, but having a lack of green spaces and play areas, definitely increases the likelihood of complex psychological disorders in both adults and kids

the market is regulated ,by the central bank rules, eg you can only borrow 3to 3.5 times your salary on a House loan, and you need to save a 10-20 per cent deposit,the problem is since the 2007 crash the no of new build houses.apartments did not keep up with demand ,many builders went of out business

when the house,s they were building fell in value by 50-60 per cent .the market is not being manipulated ,its more like occams razor, eg the government simply did not take action to build more house,s .rules on high density building do not help, builders should be allowed to build 10 storey apartment blocks in city centre locations to meet demand and to reduce the average cost of each unit