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

Dav I was with you all the way but at this point I am going to be voting Sinn Fein which I have never done before as something has to change.

Its a damning indictment of the Irish political sphere that for the last 2 decades parties are voted in on promises without any repercussions and try to garner votes by spouting about helping out everyone or basically trying to stay in the middle of the political spectrum and yet over the last 2 decades they always pander to vested interest groups from both the left and the right and those in the middle are the ones continually squeezed. We need some change in politics our government politicians trying to get elected should be told to cut the crap and give us your 10 top issues your going to change, implement or take out with full costings (and a full discussion of any unforeseen consequences & moral hazards for the rest of the public that any of those issues) will bring in or take away from our finances and then within their time in government (no point in asking them for any more than 10 as what is happening is they pander to every denominator to get elected locally then again to get elected to govern and these 2 systems of election often come with conflicts of interests for example a policy of say building a new hospital in Leitrim maybe good for Leitrim but it is not good for the rest of the country and vice versa) and then when in power they usually find the perma-government are the ones in real power and these lads are very hard to move along with progress) 10% of a government members pension should be given if they actually implement one of the points they are voted in on if they don't do the other 9 points then they should of worked harder or not promised to get the other 9 done and they should not get the other 90%. More stick as our political classes are up to their eyes with carrots and that really needs a C-change. We don't have a democracy we have a system of allowing liars who don't have any repercussions they have power and a nice salary with lots of perks for a bit of time then they walk off in to the sunset with a huge pension. Sure why would you be bothered when your on easy street no matter how good, bad or ugly you are at your job.

I think when all costs and incomes are taken into account I think most experts agree that reunification will cost more like 4 Billion odd (a large chunk of change to find annually). But that is a case in point the lads who would consider themselves nationalists and hear Sinn Fein and United Ireland in our lifetime and will vote Sinn Fein in should be told how much extra they will be paying for this from an increase in taxation on their wage.

I'm very much aware that there is no magic wand to solve all the problems, however there is something very strange going on when our hotels are filling up with families and our homes are filling up with tourists.

Ive asked you on a number of occasions to name one government policy that did not have an inflationary effect on house prices/rents, I don't recall any answer

The current system of the private market catering for possibly the top 20% of income earners, with the rest paying much higher rents than what a equivalent mortgage would build is completely unsustainable and will require a forest of money trees. Anyone that does not accept this has there head in the sand mixed with water and cement and left settle for a few hours

I'd question whether construction is at capacity, given the threats by the industry to cease projects if more taxpayer funding was not forthcoming plus the anecdotal tales of projects been cancelled/suspended by customers. The industry has the taxpayer over a barrel. Its time to put in place plans to call there bluff and have projects ready to go.

Could government work with our corporates to see if together they can provide housing for their employees. Many are trying to get there ESG scores up, so their are potential supply side solutions there that benefit all parties

Can nothing be done to deter deriliction, pedestrians have been killed in our 2nd city from falling debris from a derelict building

Can we not copy and paste the NI model for compliance which works is accountable and is a fraction of the cost. Why is there so much unnesecary white collar grab in the price of a home largely built by trained competent blue collar workers.

For government to get any kudos, they must first stop making the situation worse and BEGIN with policies that address supply

Jesus wept, you completely missed the point, there is a 35 yr time difference, of course rents have gone up since the late 80s/early 90s, if fees still had be paid and adjusted for inflation, students would be paying just under €6k year. My point was that it cost as much then to send students to third level as we had both college fees and rental fees.

Genuine question: why do we depend so much on developers to build houses?

Can cities/villages not create estates by just designing the plots, bring electricity/sewage/water and sell them to people to build their house?

People would, of course, need planing permission to make sure they don’t build crazy houses.

Interesting, wouldn't have thought there would be many companies willing to fork out that much money for rent. But then again, all of that will be tax deductible for corporations.

Heard a report that Irish water is telling the builders who are currently building near ringsend at the old bottle factory that they will not have a proper pump in place for water supply for 6 years :) Ireland only we could create a company like this that takes 6 years for a pump incredible.

It's a bit of a shambles. Policy after policy stoking demand and the government and their agencies unable to provide basic services to enable supply.

We had a similar scenario in the noughties in a house share. Landlord with multiple properties was happy to charge rent that met mortgage plus costs until he started going out with an estate agent.

Mass exodus when she took the pance, pardon my language.

Alot to be said about deals that suit all parties

And from Reading that article the beneficiaries of said works will be paying diddly squat in taxes. Outright robbery

Build more houses that people can afford to buy.