Housing Madness

Do you think they'll leave their families stay abroad and live here alone.

Gosh darn it! The people who accidentally profit from the housing crisis year upon year just keep making mistakes that boosts their accidental profit year upon year. The luck of it!

A constant influx of immigrants due to accidentally formulated policy.

A constant international reit market due to accidentally formulated tax and fdi policy.

A constant undersupply of housing due to accidentally formulated building policy.

So many accidents! It's just so very unlucky!

Maybe if for another decade we rely on the same people's promises to undo their highly profitable mistakes something might change. Surely they deserve the benefit of the doubt by now.

Perhaps if similar accidents were to happen to these peoples own homes, workplaces and investment properties then the accidents would cancel each other out? Perhaps then you'd see a turnaround in things that would make your head spin.

It'd be awfully unlucky, but considering their every stated promise has had the opposite effect for nearly a decade, surely they would understand these fiery accidents, of all people.

We don't have a supply problem. We have a demand problem.

We have a carefully curated, artificially made demand problem.

We have had REIT "policies" for near a decade that incentivises demand. Tax free situations for them...why? government rent-back schemes...why? To increase demand and profits for the boys.

We have had immigration "policies" for near a decade that incentivises demand. A publicly stated plan to "grow" the population by 1 million...why? To increase demand and profits for the boys.

The simple fact of the matter is this: the only reason more immigration and more bulk buying by REITs isn't happening to an even greater extent is BECAUSE the existing demand is so over the top.

If home prices dropped by half tomorrow, there'd be a run on the country and we'd be back to square one within a year.

If they quadrupled housing production, there would be an equal uptick in immigration and REITs to negate it all.

This is no accident.

That's the fact of the matter, and it isn't to do with eu migration policies because the majority of immigrants into the country are non eu, and it isn't to do with building more homes because they'll be bought out lock step, and it isn't to do with building differently, and it isn't to do with regulation, and it isn't to do with "employment gaps", and it isn't to do with anything they have been telling you year after year after year after year after year after year after year after year after year.

A bunch of cute hoors and their bedfellows have been riding the hole off this country, telling you "this time next year...!" and it's well past time to cut out the BS and get to the heart of it. At this point, if they tell you something, it's guaranteed to be untrue. Lying sacks of shaisse.

It is a simple matter of reasonable deduction.

Motive: money. And so, so much of it. All that money goes into someone's pocket, all that rent money, all that commercial money, all that development money. The most understandable motivation of all time. Not to mention that there is a serious, serious conflict of interest with politicians being personally invested as landlords, and that's what is declared! How many have friends and family "indirectly" involved in property? I bet we'd all be shocked.

Means: it's a government, with the powers of a government, tied indelibly to national and international entities that also love money, from REITs to NGO's. The government can both control the building environment and the regulation environment and immigration environment. What kind of a plank allows more and more people, year after year, into a worsening housing crisis, year after year? Allows the development of unaffordable housing year after year, from exhorbitant "international student accommodation" to luxury builds? Come on. They pull the strings on artificial scarcity of housing AND artificial demand.

Opportunity: "the government" is practically every party involved, opposition or not. There is no opposition, all of them have their fingers in it, and there's plenty of money to go round. They've gotten away with it for 3 years on the trot with zero resistance, so why not 4, and then 5, and so on? Opportunity.

Track record: years upon years upon years. A joke.

That's my proof: deduction.

Anyone who can dismiss all the above as sheer incompetence needs to check reality. An extremely profitable enterprise, readily controlled, with no negative consequence, for nearly a decade on the go...is fecking well NOT incompetence. On the contrary, it's exemplary in the demonstration of efficiently meeting goals.

Akin to the police sitting in the cop shop, not lifting a finger, waiting for a murderer to hand themselves in before they even consider that the dead body with an axe buried in its head is "suspicious", it's just ridiculous.

The motive, means, opportunity and track record are all there. The only incompetence is the general public believing this is a mistake.

Yes, it's all made up by me. There's no rhyme or reason to my logic at all. Sure.

As said, the only incompetence on display throughout this entire fiasco is the incredible ignorance of the public at large.

I'd see more critical analysis from a pineapple.

"They're just thick!" Yeah, yeah, yeah. Very bloody believable. Off you go so, waiting for them to be un-thick while the money keeps flowing into pockets.

Unbelievable!

What is it, exactly, that would satisfy your innate ignorance on accepting perfectly sound, explained, logical surmise? Hm?

Is it a signed confession you're waiting upon?

What will satisfy your denial?

And, counter to that, how can you laughably attempt to attack my position while your side of the argument amounts to four words of hermetically sealed explanation, "they are just thick"?

Like the poster above, consider that all rhetorical as I'm not expecting some fascinating theory to emerge from "they are just thick".

Observable fact: a promise to reduce housing costs for so many years, versus the concomitant increase of housing costs over those same years, a concomitant increase in immigrants, a concomitant increase in unaffordable, unfit-for purpose housing provision, etcetera etcetera etcetera.

A promising start to construct the logic of sheer corruption.

Now I'm finished with you and your "they are just thick" """"""""theory""""""" and desire for proof of the most self-evident things in life. You have nothing, not a jot of an argument.

Don't worry, the government and their pals have this desperation in hand.

Quick and lazy perusal...(while also looking at the wording within the new national housing plan, woof, what a load of, ahem, very, very carefully re-worded double-speak)...

Irish times:

"The good news is that supply is set to increase in 2022; the bad news is that it is not enough to meet demand. Housing completions will hit about 21,000 in 2021, with analysts predicting a figure of 26,000 to 27,000 in 2022"

However...

Various population goals indicate roughly 25k to 30k "net inwards migration" this year too.

So while they're bound to underperform on construction, and overperform on their migration goals, in a time where accommodation being built is getting smaller and smaller in size (apartments overtaking houses)...

while not counting the REIT deals and government guaranteed rent-backs...

It's all just another MISTAKE, just another ACCIDENT, just another MIS-STEP. Don't fret, as our del boys tell us, "this time next year, we'll solve your housing problem, this time next year, swear to God, no taksie-backsies, pinky-swear!"

And let's not forget the windfall of the Ukraine crisis and millions displaced across europe, if you listen carefully enough you can practically hear the coin-counting, another juicy excuse to keep the gravy train rolling. Cynical, but cynicism well-deserved by our governance and buddies.

Oh, so after playing honest John by trying to misrepresent census figures in place of migration numbers, here you are to not-obfuscate by saying that house prices have been increasing for nigh on a decade out of control (but in reality, very much in control) in a different way to me, dressed up in **** to look like a point.

And what is your point, exactly? That you can re-word what I said? It's that pavlovian thing again, the frustrated subliminally implanted impetus to speak out against the truth without actually having anything to say. Speaking without point is akin to grunting.

Let us be honest here. You playing obvious, obvious games is the insult. Me rightfully pointing it out is not the insult.

As to your comment of rewards, it's funny, I was thinking along those lines generally. Why do people feel the need to maintain and defend a status quo that ultimately, if not directly, diminishes their lives?

If there was a voucher system, virtue bucks, maybe, that could be claimed and then used toward outrageous rent, outrageous mortgages, of themselves or friends, family, what have you...that would make sense. But virtue vouchers don't exist, so...something very strange afoot, methinks, when a people is compelled to make their lot worse!