Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

"average Dublin house prices should fall to ‘the €300,000 mark" according to Many Lou McD.

Options
1…6364666869…77

Comments

  • Options
    #1952
    Cheddar Bob
    Registered Users Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121730814#Comment_121730814

    You think that Corduff is the worst part of Dublin and that an ice cream van drives around selling heroin every evening all winter.

    You did in my hoop live around there.



  • Options
    #1953
    thereiver
    Registered Users Posts: 302 ✭✭thereiver


    The cost of materials is going up the population is increasing most people prefer to buy a house rather than an apartment there's no way house prices will fall the cost to build a house will not decrease builders have to make a profit



  • Options
    #1954
    blanch152
    Registered Users Posts: 27,969 ✭✭✭✭blanch152


    https://www.boards.ie/discussion/comment/121732355#Comment_121732355

    Again, the goalposts are shifting. Firstly, your claim was that it was the standard in all of West Dublin, I have shown that it wasn't. Secondly, you have now increased the amount of money from 250k to 270k. Thirdly, you have restricted the area to the most deprived areas of Blanchardstown, where the buyers were either the council or those who grew up in the area. Nobody from the rest of West Dublin bought in Corduff during that period.

    Those are the fact, and I am exiting the debate as you are now resorting to insults about political opinions.



  • Options
    #1955
    Cheddar Bob
    Registered Users Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121733395#Comment_121733395

    I haven't restricted any area. I haven't shifted any goal posts. Broadly speaking, 70s and 80s built semis in Clondalkin Tallaght and Blanch would go for roundabouts the same price, which prior to an ill advised lockdown was 220 to 270k.


    There will be exceptions, higher, lower, proximity to a Luas or train, etc etc.


    But as a general rule a young couple looking for a 3 bed semi in Blanchardstown or anywhere else in West Dublin prior to 2021 could easily find one, in an area that doesn't have any sort of reputation deserved or otherwise, for between 220 and 270k. You can find proof of this on Property Price Register.

    These same homes would typically go for somewhere between 315 and 380k today.

    Note I say semi- there are relatively few semi detatched ex council houses in D15 bar Sheephill in Corduff which has a few streets of them. Virtually all the rest are terraces.

    I don't know if you are sore that you weren't aware of this and overpaid for a house at some stage, but that is the fact of the matter. You can't retcon history that is free to peruse on PPP.


    I'm also curious as to how you are an authority on exactly who was buying houses anywhere and where they grew up.



  • Options
    #1956
    BillyHaelyRaeCyrus
    Registered Users Posts: 313 ✭✭BillyHaelyRaeCyrus


    This is total madness. A house in Mulhuddart, Corduff, old estates in Clondalkin, etc would always have been for the unemployed or those in very very low employment. They are rough areas. I was born in the 90s and I grew up with the impression that they are areas full of addicts and gangland crime. And now you think its ok that someone whos single would need to earn 75k to buy one?

    Someone on 75k should be looking at areas like Tempelouge, Knocklyon, Castleknock, Stillorgan to live in not a 1970s council estate with active gangland crime. Jesus christ was has gone so wrong in Dublin. I grew up in the 00s in an area going for 500k now and we had people working in checkouts, bar men, truck drivers and mechanics living on the street with us.



  • Advertisement
  • Options
    #1957
    Cheddar Bob
    Registered Users Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121741091#Comment_121741091

    I think you would be surprised by how little goes on these days in formerly bad areas. The 90s were a long time ago. Those young addicts are now in their 40s and 50s and are in a truly decrepit state in many cases (the ones still alive that is)


    Didn't you say you spend 250 a weekend socialising earlier? That is excessive for someone in their 30s TBH.



  • Options
    #1958
    BillyHaelyRaeCyrus
    Registered Users Posts: 313 ✭✭BillyHaelyRaeCyrus


    https://www.boards.ie/discussion/comment/121741260#Comment_121741260

    Im just trying to figure it out here. How the normal areas from my childhood are now reserved for the top 10% of earners and the areas that I would regard as being the bottom 10% like Mulhuddart, Neilstown, Corduff etc are now requiring highly middle class salaries. I would not live in those areas due to their reputation.



  • Options
    #1959
    GreeBo
    Registered Users Posts: 27,163 ✭✭✭✭GreeBo


    https://www.boards.ie/discussion/comment/121741091#Comment_121741091

    A total of income of 75K should not be expecting to buy those areas, perhaps very small sections of the less desirable parts, but not the general areas.

    The median annual salary for men in Ireland currently sits at €45,537 and €37,782 for women.

    So two median earners are already nearly 10K more than your budget.

    Those areas are not the median areas of Dublin.

    Cut your cloth and all that.



  • Options
    #1960
    GreeBo
    Registered Users Posts: 27,163 ✭✭✭✭GreeBo


    https://www.boards.ie/discussion/comment/121741284#Comment_121741284

    Can you define the income you classify as "top 10% of earners"?



  • Options
    #1961
    BillyHaelyRaeCyrus
    Registered Users Posts: 313 ✭✭BillyHaelyRaeCyrus


    https://www.boards.ie/discussion/comment/121741346#Comment_121741346

    So where would you expect median income single people to live? I would consider somewhere like Lucan, Rathfarnham to be average areas as I grew up in a similar 60s built area with only one parent working. And I'm early 30s. Yet now 1 salary only buys the areas that are old dumping grounds for problem council tenants



  • Advertisement
  • Options
    #1962
    BillyHaelyRaeCyrus
    Registered Users Posts: 313 ✭✭BillyHaelyRaeCyrus


    https://www.boards.ie/discussion/comment/121741355#Comment_121741355

    In Ireland, the threshold for the top 10% of earners starts at gross personal earnings of just under €70,000 (€69,511.01) with the threshold for the top 1% beginning at just under €190,000 (€189,701.69). So given inflation, Id say 80k and over is top 10%

    https://www.joe.ie/business/highest-earners-ireland-704412#:~:text=In%20Ireland%2C%20the%20threshold%20for,€190%2C000%20(€189%2C701.69).



  • Options
    #1963
    BillyHaelyRaeCyrus
    Registered Users Posts: 313 ✭✭BillyHaelyRaeCyrus


    https://www.boards.ie/discussion/comment/121741355#Comment_121741355

    how would you define an average earner?



  • Options
    #1964
    Cheddar Bob
    Registered Users Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121741284#Comment_121741284

    The same started to happen in Cabra, Stoneybatter and Crumlin 20 odd years ago.


    It will reach Finglas when the Luas goes there.


    Dublin is fast heading the way London did by the 2000s- room for the wealthy and for those entitled to social housing only. If you fall inside neither cohort, commute from the bordering counties.


    Even the ridiciliously rich must be feeling it. 35 years ago a GP could probably buy in most of Dalkey. Today thise parts of Dalkey are for the neurosurgheon and the head of department- the lowly GP might manage one of the ex council houses there.


    Probably not what they dreamed of when they were filling out their CAO form.



  • Options
    #1965
    maccored
    Registered Users Posts: 10,666 ✭✭✭✭maccored


    Why couldnt the government not tax anything related to building a house (or give tax free allowances under certain conditions). took the tax off the land being sold etc. How much would that knock off the price of a house? Bring council housing construction back under councils. There'd be plenty of ways to do it if there was the will to do it. Bite the bullet and fix the issue.



  • Options
    #1966
    SharkMX
    Registered Users Posts: 1,457 ✭✭✭SharkMX


    https://www.boards.ie/discussion/comment/121724228#Comment_121724228

    Rents started increasing back then. The inevitable result of rent controls. Landlords started to offload houses and apartments. Councils started buying and renting them, so competing with buyers. More rent controls, therefore more rent increases. The thinking that i'll rent and not buy because its cheap enough went out the window and turned onto - Jesus if i dont buy something soon i'll never be able to save a penny with the rent is going up. Demand increased. Reits, councils and charities competing too. Prices shoot up to where people, reits, councils charities cant buy so all the stock isnt oversubscribed. We are not there yet.



  • Options
    #1967
    blanch152
    Registered Users Posts: 27,969 ✭✭✭✭blanch152


    https://www.boards.ie/discussion/comment/121741012#Comment_121741012

    I have been living in Dublin 15 for the last 30 years or so. I pretty much know the area far better than most.

    You did shift the goalposts, nobody was buying in the vast majority of West Dublin for 220k to 250k which was your original claim, which you have shifted twice since. Now you are bringing Clondalkin into the discussion. Desperate stuff.

    I have produced a number of extracts from the Property Price Register that show clearly that you are wrong, that is evidence.



  • Options
    #1968
    Blut2
    Registered Users Posts: 3,038 ✭✭✭Blut2


    https://www.boards.ie/discussion/comment/121742974#Comment_121742974

    Not just a GP, but a single income family of a GP would have bought a nice house in Dalkey or Blackrock or similar.

    Now the same single income family of a young GP would be limited to an ex council house somewhere like Ballybrack.

    Its an absolutely massive drop in living standards in a generation.



  • Options
    #1969
    blanch152
    Registered Users Posts: 27,969 ✭✭✭✭blanch152


    https://www.boards.ie/discussion/comment/121742974#Comment_121742974

    You can only fit so many houses into Dalkey, of course the prices go up as the population goes up, that is always the case with the better areas.



  • Options
    #1970
    GreeBo
    Registered Users Posts: 27,163 ✭✭✭✭GreeBo


    https://www.boards.ie/discussion/comment/121741367#Comment_121741367

    Its almost like there are more people looking to live in those same areas and demand has driven the price up?

    Mad huh.

    Rathfarnham and Lucan are not comparable places. Simply opening a map should explain why not.



  • Options
    #1971
    GreeBo
    Registered Users Posts: 27,163 ✭✭✭✭GreeBo


    https://www.boards.ie/discussion/comment/121744563#Comment_121744563

    But the government should do something to magically stop this! Just like SF have promised.


    Its braindead stuff that requires only the most basic of common sense to understand.

    If your family had more than 1 kid, then you cant all live in the same house you grew up in. Extrapolate from that, thats why you cant live in the same areas your parents did for the same price. Demand. Super simple stuff.

    But again we will go around and around while people tell us how their milkman father could buy in Dalkey and now they have to store all their US shopping purchases in the parents bedroom because they cant afford a deposit. Really makes the avocado stick in your throat.

    Laughable stuff.



  • Advertisement
  • Options
    #1972
    TagoMago
    Registered Users Posts: 137 ✭✭TagoMago


    https://www.boards.ie/discussion/comment/121741367#Comment_121741367

    For single people with a median salary the best bet would probably be a 1 bed apartment, just looking at daft there are a few in fairly desirable places like Smithfield that look ok-ish and are around the 220-240k mark. As for houses, it would be incredibly difficult to buy for a single person on a median salary, save for the above mentioned undesirable places.



  • Options
    #1973
    Cheddar Bob
    Registered Users Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121744332#Comment_121744332

    Oh JFC, you don't give up do you haha.


    Right.

    I'll humour you- let's pretend that all the areas you are too afraid to drive past let alone live in- Fortlawn Whitestown Whitechapel Ladyswell Corduff (council parts) and Sheepmoor- are actually still war zones. Let's pretend it's still 1996, that there is a heroin epidemic sweeping the youth of these estates and there are stolen car rallys every night.


    I'll also give you Castlecurragh and Tyrellstown. They're not remotely dangerous, but the hyperbolic commenters on the Accomodation forum think they are, so as said, I'll humour this nonsense.


    So they're off the list.


    Next, we will exclude posh Blanch- Roselawn and around the village.


    We are now left with the privately built parts of Corduff/ Mulhuddart, the entire Blakestown ED, and so on.


    right. 2020, bar where otherwise stated due to lack of sales in 2020.


    Saddlers. I'll call that an average of 277K.

    Residential Property Price Register

    Mulhuddart Wood. 245.

    Residential Property Price Register


    Brookhaven. 265k.

    Residential Property Price Register


    Edgewood. 800k divided by 3 = 266 approx.

    Residential Property Price Register

    Warrenstown, hovering around 270

    Residential Property Price Register

    Lohunda. Getting bigger but still value to be had

    Residential Property Price Register


    Nothing in 2020 for Ashling Heights, but this went in 2019 for a very reasonable price

    Residential Property Price Register


    Westway 2019 (I hope the fact it is within sight of those frightful council folk doesn't make its inclusion invalid to your theory)

    Residential Property Price Register


    Westway 2020 190k

    Residential Property Price Register


    Huntstown will provide for particularly upsetting reading


    Residential Property Price Register


    Would you like to stop now?


    A young couple with a modest income of 60k would be able to buy an abundance of 3 bed semis in D15 for between 220 and 270, I'll push it to 280k.


    Affordable housing, basically.


    The fact you can find me 10 year old homes near the train stations that were going for 380k doesn't hold any relevance I'm afraid to say.



  • Options
    #1974
    Cheddar Bob
    Registered Users Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121744563#Comment_121744563

    My point is that people will pay mad money for the worst house in the best area. There is an estate in Stepaside which was by the look of it clearly built by the same crowd which built Castlecurragh,


    The Stepaside homes are going for 500k. Castlecurragh varies but seems to be in the low 300s at the minute (an outrageous figure but here we are)


    A near on 200k price difference. People in the Stepaside estate dressed in Penneys the rest of their life for the privilidge of meeting the repayments on a pokey terrace that someone 20 mins up the M50 picked up for 130k during the lowest point of the recession. I can't recall but I'm not sure they even have an en suite

    They want sectioning.



  • Options
    #1975
    Cheddar Bob
    Registered Users Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121744504#Comment_121744504

    More fool them for buying it tbh. It's the people raised in those areas I feel sorry for- if you were born and raised in Ballybrack, Sallynoggin etc and do an honest medium paid working class job- bus driver, trucker, chippy- you're out, basically. Half your estate is going for sale to those forced out of Kiliney, the other half going to people you went to school with who qualify by having done fcuk all since leaving.



  • Options
    #1976
    blanch152
    Registered Users Posts: 27,969 ✭✭✭✭blanch152


    https://www.boards.ie/discussion/comment/121746094#Comment_121746094

    I was born over on the Southside 60 years ago, and I was never able to buy there, now living in Dublin 15. It has always been that way, could have bought a 1940s terraced house in Monkstown Farm but not interested.



  • Options
    #1977
    Clo-Clo
    Registered Users Posts: 5,545 ✭✭✭Clo-Clo


    https://www.boards.ie/discussion/comment/121746094#Comment_121746094

    Fairly standard the World over, people who work hard at school and at a job will get paid more and can afford better things.

    I got over that years ago when I figured it out very quickly and I got over it just as quickly.

    It seems now people think sitting and crying will suddenly change that and they also seem to think they are entitled to everything and if they don't get it then it's the government fault


    A lot of people spent their entire life looking at someone else and pining for what they have or they have something better. Forgetting to live their own life and then it's over.



  • Options
    #1978
    blanch152
    Registered Users Posts: 27,969 ✭✭✭✭blanch152


    https://www.boards.ie/discussion/comment/121746275#Comment_121746275

    That is exactly the bit that I think is the craziest.

    There are only 100 houses in my estate, but me and my seven siblings want to live here beside our parents and paying the same price our parents paid for a similar house and it is all the gubberments fault that I can't live here.



  • Options
    #1979
    Cheddar Bob
    Registered Users Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121746275#Comment_121746275

    It's a council house.


    If you're telling me somebody from Glenageary went to TCD in the 2000s with dreams of living in a Ballybrack council house I've a bridge to sell you.



  • Options
    #1980
    Cheddar Bob
    Registered Users Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121746252#Comment_121746252

    Nicely avoided my analysis of how affordable D15 used to be despite what you claimed. Well done



  • Advertisement
  • Options
    #1981
    Cheddar Bob
    Registered Users Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121746275#Comment_121746275

    I don't think it's a good thing that people who grew up in the working class pockets of DLR are forced out because people from Foxrock and Glasthule who never quite hit their parents heights are now buying up what was a working class community, likely with the help of a wedge from their parents.


    Anyway, dya know what time the Blanch ice cream man starts that you know so much about? I've had a long week and I want to get **** SPACED OUT of my bracket.



Advertisement