The accelerating fall in Sinn Féin support

tis actually common enough in politics around the world, poor choices, but sf are truly dreadful alright, so there may never be an alternative government in ireland, tis very likely we ll see many ffg governments to come…..

ffg will be just fine for the election, no real fear from sf, i.e. the best way forward for ireland, for change to occur, is to stay the same, maybe that should be ffg's slogan!

government is doing just fine, doing what it truly was designed to do, i.e. to protect those that benefit from the accumulation of wealth, tis all good!

Have had a quick read of O'Broin's Leaving Cert project, not good enough for a pass mark, falls well short in thinking through implications and weaknesses, understates the cost, understates the obstacles, and overambitious in timing and execution. Could have scraped a pass mark only for the padding, filling out pages and pages with images, Irish translations and executive summaries to try and claim a 20-page project is a 100-page policy, I don't accept that from any student.

Rent freezes? It’s ridiculous.

O’Broin has spent the guts of a decade listening to lovely sounding solutions rather than thinking them through.

I really suspect with this policy announcement that they don’t want in power this time. The rent freeze alone will kill funding for new housing.

Who are earth would build if they are told they cannot increase rents?

In three years time it would be the exact same as Rent Pressure Zones and the eviction ban, hugely problematic to roll back.

The Sinn Féin “plan” mostly just added 10,000 houses to what everyone else is planning. They are still hugely reliant on private construction, particularly those looking to rent out properties.

It is an insane idea that will kill their housing proposals on arrival.

The nettle that needs to be grasped by everyone is that the economy cannot sustain the current rent levels. They are completely out of whack with wages. Ditto house prices. Thats the elephant in the room. Now wouldthe Sinn Fein policy gonig to do what is needed. Probably not. But grants and tax breaks and interest reliefs are not the solution when rents and house prices are at least 30-40% above what is sustainable.

Problem is look at most of the cabinet, no real experience of working in business.

Nevermind self employment and all that entails.

It's all about the multi nationals, that is who they socialise with.

The day of FG being the party of the self employed are long gone.

Lot of the tribal political headbangers on this thread, meant with the greatest respect, will not care either because SF are going on about it.

People like Blanch would condemn the curing of cancer if a Shinner did it.

It's a very boring thread where the virtually same content is written by a small few everyday with an updated version for the day.

They, no more than the cabinet could care less about the crisis in costs facing SMEs and people in general.

SMEs are by far the biggest employer in the country. Same as nearly every other country.

Lot of people who are retired, living in the past or in sectors of employment completely insulated from economic reality.

The economy can sustain the current rent levels - it is actually doing that. If it wasn't nobody would be renting those properties.

What the economy cannot sustain is everybody who wants to live within ten minutes walk of Dublin City Centre being able to do so living in a three-bed semi-detatched and garden at a rent of less than €500 per month.

There is nothing in the SF document that addresses the real challenges that we face. If we want housing to decrease in price, we need to do things like increase housing density inside the M50, improve public transport so that there are more options for places to live. Metrolink by itself, with proper house density lead to hundreds of thousands of homes within a short commute of the city centre, not to mention DART improvements. Changing one incentive scheme (First Home Scheme) for another - SF's weird land lease scheme - will not make any significant difference. It might change the cohort of people who avail of it, but it won't increase the number of houses being built, but because of its weirdness, it might decrease the number being built, and certainly decrease the numbers wishing to avail of a scheme.

No, it isn't clearly obvious. Land is finite, you cannot build a house where there is already a house, unless you knock it down. So absent some major regeneration, those that want to live in the Borough of Dun Laoghaire will face ever increasing rents and property prices because there are only so many houses to go around on that small bit of land.

The only way to bring property prices and rental down is to build more services and better public transport to ensure that greater amounts of land have access to where people want to go.

You may not realize this but there is a lot of the country outside of the M50, I'd say most of the population wouldn't be on or near the M50 from one month to the next. Probably have been in the dart less than 10 times in their life.

Where did you pick 500 a month from.

Update from your parochial 1980s view, that is a long time ago. Deal with the now.

under financialised dynamics, which is what we have here, in regards property, the main contributing factor to price inflation is in fact the money supplied into the sector, i.e. the more money thats pushed into the market, the higher prices go, this is exactly what will happen again, with the governments current proposal, we has evidence for this here in ireland and in most other countries that have done so…..

…i.e. market equilibrium is not a reality, it simply doesnt exist, particular under such dynamics….

Rents are.

Dubious of house prices tbh. I think they’ve been fairly regulated to not go out of control.

Delete

Same town. A reasonable starter home for the average person. At 220k or 4.6 times the average wage. It used to be 3x salary, then 3.5x salary as a guidance. Now some say 4-5. Rather than deal with the issue we are constantly resetting what is reasonable.

https://www.daft.ie/for-sale/terraced-house-89-lissadyra-ballygaddy-road-tuam-co-galway/5810322

The big problem is all the economic growth associated with increase in productivity has been diverted away from those who generated the productivity. For the house shown, for an average person in an average town the average salary should have increased with costs to 70k or the price should have remained at 135k

Why does a single person buy a three bedroom home?

What was the interest rate when it was 3x?

These are terrible examples you are bringing up here.

The finiteness of land is the issue propping up prices, increasing the amount of land with quick access to where people want to go is crucial. Metrolink and Dart West are the two most crucial pieces of infrastructure to enable larger number of houses to be built

That is where SF could have been really radical. Even on public housing, they could have said that we will demolish the existing old public apartment blocks in the city centre, treble the height of them, get rid of the parking places underground, and have extra public space as well as extra and better housing units.

Isn't that a bit of a silly response? Bit like yer one who comes on the radio, handing out school marks to the government every year.

Then Harris reported as labelling it 'mean' later on. Just a lazy response. People want a change in this area, not more of the same and Harris is fooling no one.

Going on the rte drivetime piece,they want to take away up to 70k in first time buyer grants and whats left is a 4k grant ?

They want to build 25 k social homes where the government own the ground and with limited resale ability just to other social home owners with a capped price,and they haven't got the banks to say they'll lend for that type of property yet?

Holy moley,good luck with selling this,maybe rename it 'a home you don't own,' ?

The EU wouldn't let them as we'd be breaching the CBD rules as well as with the cost of it raising government borrowing costs through the roof

That ship sailed

the shinnerbots seem watery and weak. They need to regather themselves for the bell will be tolling soon….

Ye are captured by this idea that all the value being diverted to the few is ok and people should be happy with it.

Sure in the 70's wasn't a damp bedsit fine, at a time when we were a very poor country, so why would we not be happy with the same standard when we are one of the richest countries in the world. Sure we are happy out to have the fruits of our increased productivity and wealth go to the few. They deserve it sure.

Also, the expectation of what you can get we your money has always been higher in a less desirable location that the more desirable, so what somebody can get for a certain amount in a provincial town could reasonably be expected to be more than in a large city.

In addition, the mortgage affordability guidance changed not due to interest rates, but due to the fact that prices increased, and we had to do something to make sure the investor class and vested interest in the construction supply chains could continue to cream it. That you cant see a problem with the below chart is beyond comprehension.

Full disclosure - my own property is valued 4 times the outstanding mortgage and twice what I paid so my own vested interest is the status quo. But the countries interest is that significant change is required.