Are you affected by the housing crisis?

You seem to have a very fixed idea on what you are looking to find.

Are journalists not supposed to report on reality, in stead of searching for a reality to support what they want to report?

What do you reckon they want to hear?

There is no housing crisis.

Contact Student Unions in Universities nationally, they'll have hundreds of examples dating back eight years

We want homelessness as we desire to keep the property prices high to safeguard our wealth. That is why we object to new housing developments using every excuse, and elect people who agree with this viewpoint to our parliament. Tis the Irish way

It is now nearly 20 years at least since the end of the housing bubble. May people in their 40s are caught, never having had the opportunity to get on the ladder.

Even in Dublin, it was fairly easy to get something. Prices in the Celtic Tiger were not simply driven up by raw demand. It was mostly just that the market was flooded with credit. It wasn't hard to get a 100% mortgage for something, even if it was just an apartment of dubious quality. It was a lot easier to find hosing back then.

And possible because we weren't importing the population of Limerick or so each year…

Everyone in Ireland is affected by the houseing situation:

Those of us who own our properties (or at least own whatever's left after the mortgage is cleared) have gained wealth (on paper at least).

Those who are stuck renting are paying ridiculous percentages of their income on rent.

Those who are house hunting are caught in a sellers market where demand is high and face high prices/rents.

Landlords are making great returns on their investment/assets.

Institutional landlords are making great returns on their investments that aren't being taxed nearly highly enough.

Builders and construction workers are coining it with great wages due to a scarcity of their skills and huge amounts of development.

Much of that development is having negative impacts on all around it: killed and displaced wildlife, local services not keeping pace with increased numbers, traffic/transport disrupted by construction vehicles and higher populations.

…our housing issues have been in play for a couple of decades now, long before many immigrants turned up, so the problem is far more complex than an increasing population, although this is now also playing its part, the ultimate source is the financialisation of the whole process of property and land, encouraging the state to step back from providing this critical societal need, and promoting other parts of the economy in doing so, such as the fire sectors(finance, insurance and real estate), whos main aim is in fact to extract as much wealth as possible, as quickly as possible, hence our current hyper inflation of markets….

…this is now resulting in a rapid rise in numbers simply being unable to purchase their own, this current dynamic only truly benefits current property(asset) owners, as they sit about watching the value of their assets grow, including pension funds, with little or no effort, while it negatively impacts their own kids, grand kids, nieces and nephews, tis all good!

I'm not affected myself as I own my own house, but I am not oblivious to the fact that my kids will more than likely be affected in the future, as I can't see this being any way fixed in the next 10, 15 or 20 years.

Seen a fella interviewed who was gonna be on prime time that night iirc during the week, him n missus were in a one bed in dundrum for e2200 a month.

If anyone wants to know why stuff is so expensive in this country paying fellas so they can rent at those prices don't come cheap

Excellent point. I think it's because being pro-immigration is seen a a high-class opinion to hold. Being against it is seen at low-class, boorish and ignorant. Thus, people who want to aspire to move up will adopt what is the popular consensus. Humans are a very tribal species, and even those who like to believe that they are cosmopolitan, open minded and modern behave in a very group-minded manner.

Gary, if you live in a house where there is water constantly coming through the ceiling, do you want to talk about fixing the holes in the roof, or would you want to confine the conversation to finding more and more buckets to catch the water?

Many people are in their mid 20s before they finish their education and reached a position where they can being to save a deposit. After a deposit is saved, a mortgage has to be obtained on a property. When there is an economic collapse, prices fall but so do earnings and the availability of credit. many people now in their 40s never had the happy confluence of affordable prices and the availability of credit. Cheap property is no good if you can't fund it.

I think it's just too great a problem for it to be avoided, sadly.

What about the young people in their late twenties & early thirties still living at home with their parents. They are trying to save for deposit for house. Rent is so expensive they can't save deposit for house. Catch 22 situation

47 year old male here, mortgage free since aged 40. I bought first house aged 24, bought several since. All while being single or widowed. Never worked a job that paid massive money, above average wage by 10-15%.

I did work, save hard and made sacrifices. In today's environment if I was starting out again no amount of hard work or sacrifice would afford me the ability to do what I've done. In today's environment two young civil servants living together as a couple can't afford to buy in urban areas. 30 years ago they could have bought in middle to upper class Dublin areas.

It affects us all, my children school in D22 can't hire teachers, major urban hospitals are losing nurses and support staff. If people can't afford to buy in an area they'll go somewhere else.

The two civil servants living together who can't afford to buy should be the real metric used in all European countries. If government workers are in that situation then there is something wrong.

Housing should never have been allowed to get to the inflated unsustainable prices it has got to. It's a form of modern slavery. The lack of supply and the lack of a coordinated national social housing system is down to the lack of will by authorities.

…have they ever truly woken up to it!

…i beg to differ, theyve never truly woken up, as theyve gone back to the same type of policies that caused the crash in the first place, i.e. do everything possible to cause hyper inflation of prices, as surely, it ll work this time!

Not really relevant to the thread but you are taking the start of a dip or end of growth rather than the total collapse of economy and house price crash (2008).

Late 2008 is when it really kicked off and continued to 2013.

Ah, but young journalists are different! First they write the conclusion and then they look for cases that will validate their work!

@kaizersoze I presume you're factoring out the capital gain when you state that private landlords aren't making supernormal profits? Unless they bought the house very recently, most landlords would be clearing more than the mortgage repayment even after tax. Rents are way too high when compared to a mortgage repayment for the same property but that's the market, and a landlord would be a fool not to charge market rate (particularly in RPZs).

I'm not one to demonise private landlords. It's not a game I'd get into myself (even if I had the capital to do so) due to the risk profile. Our tenancy legislation is excessively pro-tenant imho but I'm not going to act like most private landlords aren't making very good returns on their initial investment (usually little more than a deposit rather than the full purchase price of the property).

Unpopular answer. Fact good few estates of the new houses in Dublin are 90% bought by Indian nationals. Money used at times from their families.

Many might not stay here forever but they plan to rent these homes.

More regulation should be brought around this issue and stop it.

All you have to look at Canada now.