Rough idea

Ordinary man · 09-05-2010 9:42pm #1

There seems to be a lot of calls for the ghost estates to be knocked, but it put me thinking. Could these houses not be finished and let out free to tourists.

Let tourism ireland advertise them all over the world. Come to ireland stay free in a house in the middle of nowhere. They would have to rent cars, eat out or at least buy their own food. It would slash the cost of staying here and might jumpstart the tourism industry.

As i said it's an idea off the top of my head but i reckon it has to have more merit than knocking these houses down

thebman · 09-05-2010 9:44pm

It would kill the hotel industry which is a large part of the tourism industry though.

And the B&B industry which many would consider experiencing rural Ireland too I think.

Best knock them and put amenities in their place like what should have been PLANNED in the first place.

ei.sdraob · 09-05-2010 9:51pm

put them on a fire-sale, lets say 50K a pop however remote once the price is low enough they will sell

the state of these homes just after 2 years, weeds and broken things everywhere, 10 years from now in our climate without maintenances these will be quite literary falling apart

hell offer tax breaks to anyone outside the economy who wants to buy these, that will bring external money in

something is better than nothing

we need a National Liquidator not an National "Asset" Management Co
the longer these houses remain unoccupied the less chance of them ever selling

Ordinary man · 09-05-2010 10:18pm

But by firesaling these properties don't you run the risk of completely destroying the value of other houses. I'm saying to try to get people to come here who normally wouldn't. Try something that isn't being tried elsewhere

20Cent · 09-05-2010 10:22pm

What about some house swap type deal.

People in cities in one beds will start having kids and need somewhere bigger.
Swap the apartment for a house and rent out the apartment. If its in the city more chance of getting some rent for it than a house in a more rural area.

ei.sdraob · 09-05-2010 10:46pm

Ordinary man wrote: »

But by firesaling these properties don't you run the risk of completely destroying the value of other houses. I'm saying to try to get people to come here who normally wouldn't. Try something that isn't being tried elsewhere

By bulldozing these building you completely wipe out any value
at least via a sale you might recover some money
once again, something is better than nothing

20Cent wrote: »

What about some house swap type deal.

People in cities in one beds will start having kids and need somewhere bigger.
Swap the apartment for a house and rent out the apartment. If its in the city more chance of getting some rent for it than a house in a more rural area.

and where do they work?

thebman · 09-05-2010 11:23pm

Its kind of worse than that. The green lets rate our houses by how energy efficient they are policy of the greens will make this houses worthless pretty much as soon as its brought in as they are not up to any real standard as few were introduced before the greens took power with FF which is when most of these houses were built.

Basically they are already pretty much worthless from an investment point of view. The only thing worth something is the land and in many cases like extremely rural areas with random housing estates, even the land has little value.

Head The Wall · 10-05-2010 6:34am

thebman wrote: »

Its kind of worse than that. The green lets rate our houses by how energy efficient they are policy of the greens will make this houses worthless pretty much as soon as its brought in as they are not up to any real standard as few were introduced before the greens took power with FF which is when most of these houses were built.

Basically they are already pretty much worthless from an investment point of view. The only thing worth something is the land and in many cases like extremely rural areas with random housing estates, even the land has little value.

The loans to build these estates are probably in NAMA so we will in effect have paid for them to be built, it's too much of a loss to just knock them down. They would have some chance if they are weather tight. The land is worth nothing really as the real problem estates are in the middle of nowhere e.g Leitrim, Sligo, Roscommon, Cavan etc. Leitrim Village went from 32 houses pre boom to 340 now. Some places may be more viable than others

thebman · 10-05-2010 7:28am

Head The Wall wrote: »

The loans to build these estates are probably in NAMA so we will in effect have paid for them to be built, it's too much of a loss to just knock them down. They would have some chance if they are weather tight. The land is worth nothing really as the real problem estates are in the middle of nowhere e.g Leitrim, Sligo, Roscommon, Cavan etc. Leitrim Village went from 32 houses pre boom to 340 now. Some places may be more viable than others

If the land they are on is worthless then the house is too. Nobody wants to live in the middle of no place.

gollem_1975 · 10-05-2010 4:30pm

perhaps they should be left as monuments to the myth that property never goes down in value.

alternatively they could be used as venues for urban paintball

hiorta · 10-05-2010 10:30pm

If nothing is done with/ to them, the developers will be shown up as jnk specialists.
Perhaps that is justice and if the lesson of the 'property increasing value' con is taken aboard, then it should lead to a wiser buyer for the future.

gurramok · 10-05-2010 10:41pm

Rent them out to foreign forces(don't think domestic forces would be worthwhile financially) to practice their miltary exercises.

Those tanks could blow up houses for urban warfare practice for Afghanistan etc :P

10-05-2010 11:01pm

Firesale

WalterMitty · 10-05-2010 11:27pm

Let local communties use them for dental/medical surgeries, business centres for teleworking, call centres, drug treatment clinics, homeless shelters, charity offices etc. Some or many will likely been worthless and bulldozed in a decade or two