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

Does SF have any specific policies on keeping the capital’s buildings under their current height cap? Or any policies relating to encouraging height increases within the canals?

The only time the governance of Ireland was overseen by a mature adult, any dread was within government

Very popular with the public

AJ Chopra (Imf)

A very high percentage of housing in Ireland was originally social housing, for every problem estate, would you be able to find 10 good ones?

Would the issues if the past reoccur in a period of full employment?

I am well aware that following the foundation of the State the vast majority of people where housed by the State.

If you assertions were accurate and the issues of the past were related to unemployment then why are those currently on council housing lists offered three properties before they are penalised for not taking one on offer? Surely people would jump at the first offer.

Areas still have reputations for a reason, if people get something easy some will not value it as much as someone who has had to work harder just to get to the same place.

In my view the issue goes deeper than whether someone is employed or not. We as a State refuse to deal with those issues that we all know is wrong be it antisocial issues, non payment of rent, mortgage, illegal activity.

How often do we hear of petty criminals with multiple previous convictions be released with a caution?

You are either being facetious, or as usual unable to apply relevant context to your posts.

The Troika prevented Ireland from dealing with bond holders as they should have, and the policies they imposed on us were more about protecting their own interests than any good intentions for the Irish people.

It might be possible but the State (and particularly middle Ireland parents) would need to see their children not heading to university unless it is for a serious degree such as medicine, law etc, and heading off instead to apprenticeships. That is beginning to happen but at a small scale. Seriously needs to be ramped up.

While we will attract some from abroad, even if there are serous challenges, where those people would actually live?, we have to also look to within. When I see councils though downsizing the number of new homes in their areas, I have to be concerned that despite all the grandstanding there is very little government and state enthusiasm, or perhaps there is state enthusiasm, it is just some elements of the state who want to retain the status quo/a perennial demand for housing, which thus keeps prices up?

Yeah costs are up but there are numerous reports stating that we have enough labour in construction with the slow down on the commercial side to build its our planning that is the huge issue. If only there was a body that could alleviate this - ye know someone like the state/government funny how they can get involved really hands on when things like Covid was an issue there is just not the same sense of urgency with regards to housing. The other side is they are making incredibly short sighted decisions that are upping the prices of property like upping the income ratios and now they are looking at using some of the below listed schemes for 2nd hand homes this is going to push price up and up and up. I mean how many billions are they thrown at things like FTB grants, HTB schemes, Rent credits, HAP, Local Authority Purchase Scheme, First Home Scheme, Local Authority Home Loan Scheme, Cost Rental Schemes, Mortgage to Rents schemes, Vacant Property Refurbishment schemes, Ready to build schemes. Throw in the renting of properties from the REITS for very high rents for very long periods of times and they are doused in cash not only if they were to stop all of the above but they are projected to have 50Billion due to corpo tax alone over the next 5 years. So costs should not be an issue.

So they could if the will was there turn to modular homes cheaper and quicker using the billions outlaid from all of the above schemes. As far as I can see the above schemes push property prices up for everyone or benefit other interested parities such as banks and builders., they could allow banks repossess homes that are in default we are an anomaly in this regards and there are people out there who just wont pay the mortgage as they know they cant be evicted, they could also up the threshold for on vacant poverty tax say 10% so the people owning the property/site has 10 years to use it or pay the equivalence in tax. Yet I fear the construction industry, banks and other vested interests will not allow this happen. It beggars belief that they are looking at giving landlords a tax break as well. When you step back at this and look at it in the round it rather easy to see that our state does not want to see property prices falling I cant think of any other reasons for the way the situation has been handled.

Yes, but those families, and the families of people already in the trades, were seriously burned in 2008 and the 6 years after. No wonder no one wants to get into trades now, even with the high wages they're getting.

Add in the physical toll of 30+ years of manual labour which will see that few tradespeople are capable of working to retirement age, and easy, well paid jobs with benefits are available in factories and MNCs.

Why anyone would choose to be a builder now is beyond me.

Lol I get all that but I think you’re the one missing the point.. if total supply doesn’t increase it just means more social housing and less private housing built. Social housing tenants renting in private housing is not going to free up private housing because emergency accommodation is full and as a result the private housing will still be occupied by social tenants.

yes if there was enough social housing built it would make a difference but that would need to be in addition to what is already being built (I.e. increase total supply). It’s not that hard to get your head around

Policies? SF?

Does not compute

I don't think being a "Hurler on the Ditch" counts as a policy

Most likely not

If the slowdown in commercial helps develop residentital projects that will benefit the current govt also.

Not just SF.

The help to biy schemes are to enable people to purchase homes! I dont really see how this can be viewed as a negative.

Landlords absolutley need incentivising to stay in the market!

If they leave the market, who is going to provide homes to rent? And then you would probably wonder why the homeless figures went up!

I agree the planning system needs to be overhauled and better resourced.

Thats something the govt should have done years ago.