More housing objections by the opposition and Boyd Barrett.

Blanch, you'd have done well in the Soviet Union as an ashen-faced party apparatchik saying black is white and up is down.

If you want to make a broader point about the planning system rewarding objectionist politicians to keep Mary and Joe red-brick in-situ happy, you might have some credibility.

But to seriously suggest that current government parties aren't up to their necks in the same behaviour is laughable.

This thread is brought to you by the usual obsessed cohort that think they can pin anything on opposition and won't get pushback when the reality shows governing parties are up to the same craic and often with a straight face.

The government want hedge funds to build, charge what they like and use the taxpayer to keep them in profit by artificially keeping prices high.

You don't understand the concept of affordable housing, but if you did you'd know what the opposition and housing experts are looking for.

FF/FG just want to bleed as much profit for private builds as they can, except if its in Josepha's back yard.

We could go back and forth all day.

Building more of what people can't afford puts a burden on the tax payer to subsidise. Prices are met and remain the same.

You cannot point to any area where rents lowered because of a build. And its madness to suggest trying to flood the market with unaffordable properties will correct that.

The current eye watering rent problem is in large part caused by the state backstopping high rental yields and baking them into the future via badly negotiated long term leases on new developments by the state and a chronic addiction to HAP, which should be a short term measure but will be with is quite a while yet.

This is demand stimulus from the state and real estate becomes a feeding ground for developers armed with cheap money and sometimes even land transferred to them by the state at a heavy discount (thnx FG).

If certain posters are confused as to why housing in Ireland doesn't respond to demand and supply curves exactly like their Leaving Cert textbooks while they were half asleep, they need to do a little bit of interrogation of their fave parties policies.

Gov policy has for a long time doped up the rental floor, and refused to set a meaningful ceiling.

The answer was and is, (along with planning reform) a massive scheme of social and affordable housing (for rent and purchase) on publically owned land, stop gifting money for jam to developers via leases and sweetheart land deals where they make away like bandits with land arbitrage, and for the love of God, less sneery lectures about economics when they have a poor grip on it themselves.

Now throw in the almost uniquely Irish variable (thanks to your pals) of HAP and long term lease arrangements to private interests at the top of the market and calculate what that does to your German demand/supply curve? Throw in land gifting from the state for good measure.

There are none so blind etc.

If you'd actually taken economics classes, you'll know that data analysis come with health warnings and and a caveat about presumptions.

This curve comes with the presumption of new units being released onto the open market, in which case it would probably hold true in Ireland, it doesn't toy around with the idea of the state backstopping and doping up high rents via the kind of policies we have here.

You're making a weak argument and it's undermined further by the kind of rent inflation we see in Ireland. Deal with reality here, not a German paper about German conditions.

And its these "foolish long term deals" that the opposition and housing experts are complaining about. Except the FF/FG NIMBY's like Josepha.

Well done, you circled yourself into yet another corner.

Yet, we don't see this effect in Ireland because of demand-side doping by the government via bad policy. We've all heard of the Simple Simon supply/demand dynamic, we all learned about in our Leaving Cert cycle. Things become a good deal more complex when other variables are thrown in the mix and this is particularly true of housing, which is highly politicized and subject to numerous government interventions as well as lending, planning and interest rate conditions.

This has been raked over in many threads. Yes supply is needed, no sh*t, but if there are other fundamentals are ballsing up the market like HAP and ill-advised leasing run wild, you're not going to see rents respond to supply in the way your article suggests. That's hard reality and you need to come to terms with it.

HAP has been with us since 2014 and doesn't look like going away. Civil servants want it wound down, opposition parties want it wound down, governing parties don't want to (we can speculate as to the reasons). It was floated as a short-term measure, and is now baked into the rental dynamic in Ireland. Start dealing with what's in front of you instead of reaching to a German paper you found on the first page of your Google results page.

Blanch, I wouldn't advise you to go swinging you m*ckey about economics, you've come up short in other threads and this one.