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

The issue in Limerick is availability and consequently price.

Note the ministers response to the issue below in that the new employees at eli lily will be living in the area already. Really! Has he been across the road and asked Regeneron

Is this FG way of saying, good new jobs are only open to persons with secure housing in another attempt to pull up the ladder to new entrants

What is it we hear about every fdi job bringing another 2 to 3 spin off jobs. Where will they live

The basic functioning of the economy is being put at risk by a government that has money coming out of its ears from this very source and it can't build some homes for those that generate it. Not only that, but also consistently object to new housing in most areas. The state is probably the largest land and building holder in the State also

How can they be so incompetent?

Philip lane stated a few months ago that they'll keep raising rates until the rates are higher than the inflation rate and they'll hold rates at that rate for some time so that inflation doesn't take off again.

Its a precendent, not intended to be myopic. But if you were to introduce some form of salary weighting for public sector roles, you have to create a border somewhere.

Whether its South Dublin, County Dublin or Greater Dublin, or anywhere else.

But a border would need to be created, as they do in London.

Well the tenant being a medical professional appears to check out.

Anyone switching current account manually from UB or Kbc in the last few months will understand that it's an incredibly tedious process and prone to error. The landlord appears to admit to changing accounts.

The landlord does not appear to be the sharpest tool in the box if you pardon the pun.

Not familiar with legal advise, but tenant story does appear plausible, while common sense would tell you to have very little to do with such a landlord.

Several criminal offences on video here, how this can be described as a civil matter is puzzling?

If the state start paying top up salaries to Dublin based workers then they are inflating Dublin property/rent prices directly, and the Dublin salary differential will have to keep increasing over time ad infinitum.

My question would be whether Thomas engineered the unpaid rent situation by closing his bank account because he needed to sell the place.

He raised the circular saw up after the tenant made a sudden movement toward him in response to being told to go to hell, you see the tenants right arm (or something) flash into shot at that point, Thomas then swings the saw toward him in what looks to me like a warning to get back and threatens him.

Definitely end of his tether stuff, I wonder if the old guy knew that the supposedly legal 6 months notice would work would things have ended up as they did or is it all the media attention over the eviction ban that made him think he would never get his place back without trying to evict them himself. He might desperately need the money which drove him over the edge.

Yes it is an option to leave payments as they are, eventually prices will fall and supply will improve. Weighting will not be something the Government will be able to row back on once it is introduced and it will just sow division between those who get it, and those who don’t but feel they deserve to. Everyone knows, and understands why there is a difference in costs between rural areas and Dublin, if you choose to live in Dublin, then you accept that difference.

All of those are part of the problem, among other things. There is no one problem here.

Current housing policy is about enriching/protecting the already wealthy, There is no room here for providing accomodation for key workers (Which can be done in a revenue positive manner for the taxpayer)

These Fine Gael pushed schemes wil cost us all.

The most expensive social housing ever will mean less of it for the growing population that need it

Driving up prices will hurt those that need to finance their own through buying or renting

The contracts are inflation linked so the state is trapped for 25 years as the cycle begins it's upturn.

Homeowners will have to pay higher taxes to fund the madness, this on top of the massive national debt

I'm astounded at how little stock is coming on stream.

Usually it has started accelerating by now after the usual winter lull. But there are feck all lisitngs still and we're almost in May. Doesn't make sense.

Mind boggling stuff. Assuming a rental cost of 2k per month that the council will pay (it's probably more than that) over the course of the 25 year lease, the council will pay more in rent than it would cost to buy all the apartments outright. Also at the end of the lease they won't have an asset in owning the apartments. I wonder who in the council is getting the backhander from the investment company.

Other companies used the same formula on redundancies. Not sure why they thought they were special and should get better package

The children's hospital is regularly cited by a poster here as a huge overspend. The way things are going and spending is, it may prove to be the best value for money spending by FG.

I would say key workers should be prioristied for social housing, yes.

Over and above people that dont work for a living or are on the prioritised list just because they are a single parent etc.

All people need to be housed, but priority of social govt funded housing should go to those providing social services to the rest of us.

Tis only fair.