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Irish Property Market chat II - *read mod note post #1 before posting*

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  • Registered Users Posts: 97 ✭✭IamMe33


    The question isn't whether we take them in or not.

    The question is where they will stay.

    Continuing the governmental habit of population planning ineptitude, as previoously evidenced by hoping that the market would just magically take care of the population increase they wished for, there similarly seems to be no practical plans beyond wishful thinking that the current population will open their homes to them moment.

    As RichardAnd proposed, temporary tent cities à la Mória are well and good during the summer months here, but this conflict looks to drag on for years if Russia's other engagements are to go by.



  • Posts: 18,749 ✭✭✭✭ [Deleted User]


    Maybe they will put them in the thousands of empty properties all over the country.



  • Registered Users Posts: 460 ✭✭HerrKapitan


    Should be some sort of compulsory leasing order. People living alone in 3 bed houses or families that usually make money taking in students should be forced to shelter these refugees.



  • Registered Users Posts: 97 ✭✭IamMe33


    Maybe they will open all the vacant space above commercial premises?

    Maybe they will force them into FÁS trades so they can realise the grand plans of otherwise impossible construction aspirations?

    If previous government bluff and bluster is anything to go by, maybe they can camp out on the roundabouts?



  • Registered Users Posts: 222 ✭✭JDigweed


    These aren't third world refugees, Ukraine was a developed well functioning state. A lot of these refugees could contribute significantly to the economy and fill the labour gap in some areas like construction.



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  • Posts: 18,749 ✭✭✭✭ [Deleted User]


    Maybe they will let them work, which I'm sure those people coming from another country where they have worked all their life will want to do?



  • Registered Users Posts: 4,603 ✭✭✭Villa05


    They'll stay in existing under used houses of volunteers. Mother and 2 children in each house needs average 32k volunteers.

    You get the feeling they'll have won their country back and rebuilt it while we'll be still talking about it.

    English is widely thought in schools and they do computer programming from national school. These people could be a great asset to the country, but as already pointed out there will be a cohort attempting to exploit the situation



  • Registered Users Posts: 97 ✭✭IamMe33


    Are not most men of fighting/working age being conscripted and prevented from leaving Ukraine?

    Women and the elderly tend not to gravitate towards construction

    I'm sure they will let them work.

    I'm not refugee-bashing or claiming they will be spongers, as often is the reflex assumption in the face of housing logistics rhetoric.

    I'm merely wondering how the inevitible increased accommodation pressure will bear out on the reality of the property market, as this is the Irish Property Market chat thread.

    Yes, there is a selfish concern of whether the goverment volte-face and order the councils to go into overdrive buying up all available property, driving up already crazy prices.

    Perhaps a tactless and tasteless question in the face of a humanitarian crises, but they are coming is what's certain.

    Now where do they stay?

    There doesn't seem to be any cohesive vision from the government as usual.



  • Registered Users Posts: 1,604 ✭✭✭Amadan Dubh


    Very handy to be able to magic up some accommodation just like that, impressive stuff altogether. Almost makes me wonder if maybe there isn't really a housing crisis after all and it is entirely artificial. No, wait, it is artificial; manufactured supply shortage and demand inflation combined with billions of taxpayer cash to pump into the market by the State. Although, I would expect these Ukranians to just stay temporarily in the vast majority of cases until the war is over.


    My concern is that at the rate these crises are draining our borrowed cash as a country we won't have any ability to borrow the billions upon billions needed to (1) get thousands of homes built per year; (2) ensure we transition to a more sustainable economy; and (3) invest in our infrastructure. Our COVID borrowing to date is just the tip of the iceberg for what we need to do post-covid to build up pur economy. Anyone who says we won't be borrowing to invest in these areas is, quite simply, trying to protect their own golden goose and not to be trusted at all as it is a con to say we can't and shouldn't borrow billions to invest in housing and infrastructure.



  • Registered Users Posts: 1,604 ✭✭✭Amadan Dubh


    These people will need the State to pay for their accommodation and this will probably cause further housing costs so for me it will be further evidence that our housing market is a con and being propped up and manufactured by the State which cannot remove itself from the market without the whole thing crashing. Any sort of eurozone crisis to kick the tyres on our housing market and it'll turn out that it isn't just a defective vehicle but is just a cardboard cut out of a vehicle we have been portraying as something in good working order.

    Post edited by Amadan Dubh on


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  • Registered Users Posts: 615 ✭✭✭J_1980


    What a ridiculous idea.

    how about those who never work start sharing with other spongers? And use the vacant homes then?



  • Registered Users Posts: 615 ✭✭✭J_1980


    Oil up7$ straight away and EUR collapsing further. This might be the most important ECB meeting on Thursday.

    If owning cash, I’d start getting worried here….



  • Registered Users Posts: 615 ✭✭✭J_1980


    The endless borrowing and big government got the EU into this fragile situation in first place. How can sanctions on a country with a gdp of the Netherlands cause do much mayhem. The Euro will be history by the time this decade runs out. Western Europe will need a living standard downward adjustment towards the level of current day China.

    most tradies will emigrate, AUD so insanely strong. Any salary inflation in Ireland will just be eaten up by 52% tax rate from here



  • Registered Users Posts: 20,047 ✭✭✭✭cnocbui


    In the 61,000 holiday homes and the 169,000 vacant premises the CSO reckon there to be. Not to mention empty nesters and B&Bs.



  • Registered Users Posts: 3,656 ✭✭✭RichardAnd


    This is getting into very dangerous territory. If this were to come to be, it would reduce the right to private property, and give the precedence that the state could use in future. There is a very good why the Third Amendment to the US constitution forbade the quartering of soldiers in private homes...



  • Registered Users Posts: 2,207 ✭✭✭combat14


    More and more talk of oil heading for 200 dollars a barrell as west looks at banning russian gas/oil ... massive recession on the way .......


    It’s been a rough start to the week on the financial markets with Brent crude soaring by more than $20 earlier today to more than $139 – less than $10 off its all-time high of $147.50 set in July 2008. It has now dropped back to $129 and with some analysts saying it could reach $200, stock markets have read the signals loud and clear, selling off heavily again in Asia.

    The Nikkei in Tokyo was down almost 3%, the Hang Seng was off 3.6% and the Shanghai index has lost 2.3%. In futures trade, the FTSE100 is off 2.6% and the S&P500 down 1.3%.



  • Registered Users Posts: 460 ✭✭HerrKapitan


    That's the way we are headed anyway, even before the war. The World Economic Forum have already been throwing the idea around. And it seems some countries are taking it on board. The effects of the wave of investment funds just happen to have the same end, conveniently.



  • Registered Users Posts: 615 ✭✭✭J_1980


    This will never happen in america or Australia. People will be up in arms.

    Europe and the EU is finished anyway. This feels more on the scale of Constantinople 1453 than “9/11” or “berlin wall”. Its the end of ten Western European welfare model.



  • Registered Users Posts: 3,656 ✭✭✭RichardAnd


    At least the Byzantines went down with a fight. We’re practically opening the door for the Ottomans whilst telling where we’ve stashed the gold.



  • Posts: 0 [Deleted User]


    surely is the start of a larger welfare model. With the number of people who will be destitute over the next few years we’ll be pushed closer to a universal basic income or at least a broadening of state involvement in our lives



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  • Registered Users Posts: 615 ✭✭✭J_1980


    givenbthat this will likely destroy the EUR and EU do you really think the net payers will go straight to such a model again?

    ”Big government” and the rampant inflation will be the same stain on the Democratic party what the Iraq war was to the pre-Trump GOP. AOC and “the squad” are basically already off the radar. No one cares anymore what these goons have to say. Biden is smart enough to try to steer this around.



  • Posts: 0 [Deleted User]


    Yes, I think that we will be forced into a much deeper welfare model as vast swathes of the populations of western countries cannot afford to live



  • Registered Users Posts: 3,521 ✭✭✭wassie




  • Registered Users Posts: 12,583 ✭✭✭✭AdamD


    Anyone who thinks we have housing for 10s of thousands of refugees is utterly deluded



  • Registered Users Posts: 3,680 ✭✭✭CorkRed93


    youre not suggesting that investment funds arent buying up housing in america are you?



  • Registered Users Posts: 97 ✭✭IamMe33


    So when the B&Bs, hotels, tents and volunteer homes fill up it looks like we are in need of immediate legislation change regarding vacant properties.

    Not just wishy washy waffle can kicking down the road business as usual by our elected representitives.

    They don't have a good track record of this.

    They want to be seen to play their part in this crisis, but haven proven themselves hopeless at any meaningful solutions regarding housing strategy over the last decade plus.

    I believe their accommodation solutions to such a significant sudden population influx will continue apace in much the same fashion.

    I fear for the welfare of these arrivals under the watch of the incumbent circus.



  • Registered Users Posts: 625 ✭✭✭Cal4567


    I wouldn't be at all surprised to see more modular being used across the country, if it means we have to do something quickly, although a significant recession may mean less tourists which will open up the hotel sector. I read recently of two large and reasonably new Dublin hotels entering into medium term deals with the State, and that was before all this kicked off.

    Portacabins and steel containers in fields, and yes, serious legislation around vacant properties, not the wishy washy nonsense we've seen so far, though I'm still not sure our Councils are up to enforcing and administrating this.



  • Registered Users Posts: 2,207 ✭✭✭combat14


    gas and oil prices going through the roof, stock markets not taking it very well ... serious world recession on the cards the way things are going..

    whether this dampens irish demand for houses given we are to take in 100,000+ refugees (mostly women and children for now) remains to be seen.....



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  • Registered Users Posts: 3,501 ✭✭✭Timing belt


    Regular diesel at 2 euro a litre at the pump this morning up from 1.90 on Friday/Saturday. This will hurt way more than any interest rate rise.



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