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Renting in Dublin - A Landlords perspective

  • 12-09-2015 8:19pm
    #1
    Closed Accounts Posts: 6,934 ✭✭✭


    So I thought I'd share so thoughts and mistakes I've had/made.

    I've recently become a LL not only in relation to an apartment bought in the boom but also letting out a room in our house. I don't want to be too specific so South City Centre (Apartment) and a Northside suburb (Room). If you know more please don't share it on this thread.

    I'll preface my following remark by saying perhaps it because I've put the ad up with too much of a run up. The room was two weeks. I got huge amounts of enquiries in relation to both. The flat I had about a 30% show rate. In regard to the room 30 odd enquiries, 2 people showed up. I'm not sure the crisis is quite that in all quarters, although I've no doubt certain demographics have it extremely tough.

    The apartment eventually went for €1000 a month, sans car parking as the deal was struck that this came out (tenants didn't want it) and price was reduced. Demand was not fierce, partly because we did not offer it to the first people we got back to people at which point they had found something and been offered it and grabbed it there and then. The couple that did take it we really wanted as tenants and they bargained (as above). I'm now hearing it's very difficult to find anything in central Dublin under a grand, tbh I put this down to students. Being frank I wouldn't have rented to students, certainly not first or second years.

    In regard to the room loads of enquiries including some on the day with many no shows - can't really explain that one.

    Point of the thread? Perhaps a mere ramble by myself but I'm thinking this 'crisis' is perhaps more of a self fulfilling prophecy; perhaps driven by behaviour on both sides than a real genuine 1000 people trying to fit in 100 properties. Certainly in RA situations I can believe it's tough but professionals - with realistic standards as to what Dublin property is like for a given budget - not so sure crisis is the right word.


Comments

  • Registered Users, Registered Users 2 Posts: 382 ✭✭Gmaximum


    I'd agree. I've been a landlord for 6 years and am in the process of renting for the third time. There's more interest in viewings but no one is biting my hand off for it.

    It's in a good area with excellent public transport and close to the city. Whilst rents have increased I don't think wages have to the same degree


  • Registered Users, Registered Users 2 Posts: 10,501 ✭✭✭✭Slydice


    How do both of you think you'd get on if you reduced the price of your rent a bit?


  • Registered Users, Registered Users 2 Posts: 386 ✭✭Nichard Dixon


    Slydice wrote: »
    How do both of you think you'd get on if you reduced the price of your rent a bit?

    Why should they? There are suitable tenants available at thecrent they are currently charging.


  • Registered Users, Registered Users 2 Posts: 382 ✭✭Gmaximum


    Why should they? There are suitable tenants available at thecrent they are currently charging.


    Correct I've no doubt I will get the market rent for it. I'm not worried that someone is not trying to hand over a deposit on first sight. Even in the supposedly bad days for landlords it was only empty for a week or so. Most important thing is appropriate tenants


  • Registered Users, Registered Users 2 Posts: 6,003 ✭✭✭handlemaster


    What gets me is the poor way people reply to ads which do themselves no favours such as not even say Dear xxxx Im am .....

    Some just say .. Is the house/apt rented ? .... is it still free?.... Literally three or four words .. If they cant be bothered ... neither will I.

    All it takes is to write a proper email enquiry and copy and paste the same into each enquiry that they are looking at


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  • Registered Users, Registered Users 2 Posts: 33,518 ✭✭✭✭dudara


    We were looking approximately a year ago. We can afford the upper end of the market and we spent about 1 week looking. Anything I was seriously interested in, I was there on time, well-presented and with details in hand. In the end, we found a place relatively easily, having viewed about 6 prior places. The whole experience definitely wasn't as bad as I had feared it could be.


  • Moderators, Society & Culture Moderators Posts: 40,366 Mod ✭✭✭✭Gumbo


    Slydice wrote: »
    How do both of you think you'd get on if you reduced the price of your rent a bit?

    They would be shooting themselves in both feet.


  • Registered Users, Registered Users 2 Posts: 1,239 ✭✭✭lima


    Simple supply and demand, if you are charging too much then only the desperate or reluctant will 'bite' as such


  • Registered Users, Registered Users 2 Posts: 30,443 ✭✭✭✭Wanderer78


    interesting story op, thank you for sharing. to be honest i think there is a serious housing crisis not only in dublin but across the country. this is only developing as we speak. i was a student in dublin for a couple of years, only temporarily staying there, so it wasnt in my interest to rent so i stayed in a hostel. i wouldnt have been able to afford full time in dublin anyway. while i was staying in the hostel, there were other students also doing the same. not only that, there were actually working people staying there to. some were in transit, others simply couldnt find places in their budget range. this was over a year ago. i have been informed that this situation is getting worse, that more students are doing the same and i suspect more workers are probably also doing the same. this is not sustainable. i do understand why you dont let to students though, id probably do the same if i was in your shoes. i partially blame our education system for these kind of problems amongst other things. best of luck with your business.


  • Registered Users, Registered Users 2 Posts: 788 ✭✭✭pillphil


    What gets me is the poor way people reply to ads which do themselves no favours such as not even say Dear xxxx Im am .....

    Some just say .. Is the house/apt rented ? .... is it still free?.... Literally three or four words .. If they cant be bothered ... neither will I.

    All it takes is to write a proper email enquiry and copy and paste the same into each enquiry that they are looking at

    There's no point in including any of that information if the house is already gone.


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  • Closed Accounts Posts: 6,934 ✭✭✭MarkAnthony


    Slydice wrote: »
    How do both of you think you'd get on if you reduced the price of your rent a bit?

    Okay without being as flippant as you chose to be, a personal first for me! I'll reiterate that we go loads of enquiries, and quite a few viewings. It was subsequent behaviour that was the issue. Also in relation to the rents charged - how many 1 bed apartments are there for €1000 in Dublin at the moment, let alone Dublin CC? Anther thread puts the count at 9.

    I was willing to reduce the rent for the right tenant, and I did.

    As for the room, one street over from me was asking for €100 more and was limiting the applications to professional females (err.. :pac:). I specifically allowed students and did not decline RA. On that note I had a single RA applicant that couldn't even figure out the viewing dates despite numerous reminders.
    pillphil wrote: »
    There's no point in including any of that information if the house is already gone.

    Ctrl+C, Ctrl+V or Copy and paste for you yung'uns


  • Moderators, Category Moderators, Home & Garden Moderators, Recreation & Hobbies Moderators Posts: 22,430 CMod ✭✭✭✭Pawwed Rig


    pillphil wrote: »
    There's no point in including any of that information if the house is already gone.

    There is no point emailing at all if the house is already gone???


  • Registered Users, Registered Users 2 Posts: 788 ✭✭✭pillphil


    Ctrl+C, Ctrl+V or Copy and paste for you yung'uns

    I'm more than familiar with copy and paste :P.

    I mean there's no point in sending out personal information if the house is already gone. If it's still there, then I'll tell you all about myself.


  • Registered Users, Registered Users 2 Posts: 788 ✭✭✭pillphil


    Pawwed Rig wrote: »
    There is no point emailing at all if the house is already gone???

    You'd find out if the house was still available.


  • Registered Users, Registered Users 2 Posts: 1,077 ✭✭✭percy212


    How is their grammar?
    What gets me is the poor way people reply to ads which do themselves no favours such as not even say Dear xxxx Im am .....

    Some just say .. Is the house/apt rented ? .... is it still free?.... Literally three or four words .. If they cant be bothered ... neither will I.

    All it takes is to write a proper email enquiry and copy and paste the same into each enquiry that they are looking at


  • Closed Accounts Posts: 6,934 ✭✭✭MarkAnthony


    Wanderer78 wrote: »
    interesting story op, thank you for sharing. to be honest i think there is a serious housing crisis not only in dublin but across the country. this is only developing as we speak. i was a student in dublin for a couple of years, only temporarily staying there, so it wasnt in my interest to rent so i stayed in a hostel. i wouldnt have been able to afford full time in dublin anyway. while i was staying in the hostel, there were other students also doing the same. not only that, there were actually working people staying there to. some were in transit, others simply couldnt find places in their budget range. this was over a year ago. i have been informed that this situation is getting worse, that more students are doing the same and i suspect more workers are probably also doing the same. this is not sustainable. i do understand why you dont let to students though, id probably do the same if i was in your shoes. i partially blame our education system for these kind of problems amongst other things. best of luck with your business.

    In the room I was specifically looking for a student. My only rebuttal (for want of a better term) to your point is that I got very few students applying and none showed up. I wanted to share some specific points on that actually.

    My wife works for one of the major dublin universities and is in work inside 30 minutes from here. Said university did a huge song and dance about accommodation to staff and leafleted areas. Wife submitted ad, said university didn't post it.

    Said wife told me off for not putting the ad in the students section on DAFT. I thought they'd just look on all house shares - brains of tomorrow and all that. Either they didn't want to live in the burbs, were terrified of 'da Northside' or didn't look. I'm from Oxford and ever since I can remember the Oxford colleges had a huge list of Landlords to house students and a fairly good system for matching them, this was (OMG I'm old) even pre-internet!

    Again I don't want to detract from specific cases of hardship but I think the student issue has a lot to do with wanting to live in the CC or very close to Uni. I can't complain having gone to University in an ex-mental hospital it was customary for 9am lectures to have a contingent of people in dressing gowns and slippers sitting at the back, I numbered among them on several occasions.


  • Closed Accounts Posts: 6,934 ✭✭✭MarkAnthony


    pillphil wrote: »
    I'm more than familiar with copy and paste :P.

    I mean there's no point in sending out personal information if the house is already gone. If it's still there, then I'll tell you all about myself.

    Fair enough. The self control it took not to be flippant to the previous poster broke down when talking to you, sorry!

    One thing I will say in relation to not just LL but various selling sites is take the bloody ad down when it's gone! Pretty please! I must admit it took me until around 11pm to take the ad down and I felt bad for that, some people seem to leave them up for weeks!


  • Registered Users, Registered Users 2 Posts: 30,443 ✭✭✭✭Wanderer78


    In the room I was specifically looking for a student. My only rebuttal (for want of a better term) to your point is that I got very few students applying and none showed up. I wanted to share some specific points on that actually.

    My wife works for one of the major dublin universities and is in work inside 30 minutes from here. Said university did a huge song and dance about accommodation to staff and leafleted areas. Wife submitted ad, said university didn't post it.

    Said wife told me off for not putting the ad in the students section on DAFT. I thought they'd just look on all house shares - brains of tomorrow and all that. Either they didn't want to live in the burbs, were terrified of 'da Northside' or didn't look. I'm from Oxford and ever since I can remember the Oxford colleges had a huge list of Landlords to house students and a fairly good system for matching them, this was (OMG I'm old) even pre-internet!

    Again I don't want to detract from specific cases of hardship but I think the student issue has a lot to do with wanting to live in the CC or very close to Uni. I can't complain having gone to University in an ex-mental hospital it was customary for 9am lectures to have a contingent of people in dressing gowns and slippers sitting at the back, I numbered among them on several occasions.

    i actually think our housing problems and your letting issues are an accumulation of a lot of very complicated problems. apologies, running now. i ll explain myself properly later


  • Closed Accounts Posts: 6,934 ✭✭✭MarkAnthony


    percy212 wrote: »
    How is their grammar?

    I know this will put me in a bad light but that actually matters. Firstly I don't want someone I can communicate with for any number of reasons. Secondly

    "A bud rm stil goin 4 rent"

    gives me a certain impression of the person looking to rent it. Sorry I know even Churchill used 'text speak' in his informal letters but when it comes to an apartment you want a professional and a room, someone you're compatible with. Perhaps then I'm wrong and it's better on the room front for people to be themselves.

    Sorry I don't want to turn this thread into me having a go at everyone that disagrees with my point of view. I freely admit I could be wrong on many and diverse points.


  • Closed Accounts Posts: 13,420 ✭✭✭✭athtrasna


    Mode note

    No need for personal bickering. Charter requests that posters remain civil at all times.


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  • Registered Users, Registered Users 2 Posts: 130 ✭✭PolaroidPizza


    Your 'landlords perspective' is a snapshot nothing more. People will look for what they can afford. If people werent looking at your properties. ..then they couldnt afford it.
    AFFORDABLE accommodation in Dublin is scarce...for proof all you need to do is trend the amount of available accommodation on daft over the last few years.


  • Closed Accounts Posts: 146 ✭✭mid


    next time you could also try these facebook groups, they seem to be more popular that daft.ie with international students (both have 25,000+ members)

    https://www.facebook.com/groups/Rentdublin/

    https://www.facebook.com/groups/277024535766729/

    You can also see 'wanted' ads posted, so you'd see if its someone you'd be interested in renting to before replying.


  • Registered Users, Registered Users 2 Posts: 788 ✭✭✭pillphil


    Fair enough. The self control it took not to be flippant to the previous poster broke down when talking to you, sorry!

    One thing I will say in relation to not just LL but various selling sites is take the bloody ad down when it's gone! Pretty please! I must admit it took me until around 11pm to take the ad down and I felt bad for that, some people seem to leave them up for weeks!

    No worries.

    I wonder is this just different perceptions of email. I tend to see it as conversational(usually short emails), but maybe you are expecting more of a formal letter?

    Definitely agree on the second point.


  • Registered Users, Registered Users 2 Posts: 1,023 ✭✭✭testaccount123


    pillphil wrote: »
    No worries.

    I wonder is this just different perceptions of email. I tend to see it as conversational(usually short emails), but maybe you are expecting more of a formal letter?

    Definitely agree on the second point.
    An email to a prospective landlord is business related, not casual conversation.


  • Closed Accounts Posts: 6,934 ✭✭✭MarkAnthony


    pillphil wrote: »
    No worries.

    I wonder is this just different perceptions of email. I tend to see it as conversational(usually short emails), but maybe you are expecting more of a formal letter?

    Definitely agree on the second point.

    I'd agree with you to be fair - I think there is a happy medium.


  • Registered Users, Registered Users 2 Posts: 788 ✭✭✭pillphil


    An email to a prospective landlord is business related, not casual conversation.

    I see what you're saying, however I don't mean it's a casual conversation. I mean it's conversational in the same way a business conversation/phone call is conversational.

    If I rang them, the conversation would be "Hi, I'm pillphil, I'm ringing about flat x, is it still available?"
    Then depending on the answer, I will give them information about my self or not.
    That is the information I include in my initial email.
    I wouldn't introduce myself and then launch into a big speech about what I do without waiting to hear whether the flat is available or not.


  • Closed Accounts Posts: 6,934 ✭✭✭MarkAnthony


    Your 'landlords perspective' is a snapshot nothing more. People will look for what they can afford. If people werent looking at your properties. ..then they couldnt afford it.
    AFFORDABLE accommodation in Dublin is scarce...for proof all you need to do is trend the amount of available accommodation on daft over the last few years.

    I have an issue with this I must say. I'm afraid being a very boring person when I'm away I tend to look at estate agents, just the windows mind :)

    I was in Bordeaux recently, much more expensive than Dublin and a smaller city. In Toulouse about the same size as Dublin (IIRC) much more expensive. Returning to Bordeaux some of the suburbs make Dublin look positively beautiful. Oxford - my home ground, much more expensive than Dublin with lower wages.

    Again I don't want to detract from genuine hardship. We've completely screwed up policies in relation to social housing and RA but I do wonder is there a contingent of people living in Dublin that don't need to be here. Of course the policies that have screwed up social housing has also screwed up proper relocation and regeneration efforts. I wouldn't wish Ballymun (As in old Ballymun) on anyone. There also does not seem to be the appetite for the SE on England approach of mixing in social housing into all new builds which would be my personal approach.

    I suppose genuine hardship aside my point is this. We're either an up and coming European capital with investment, tech jobs and money floating about or we're not. Are the tech jobs here under false pretences? Personally I think they are but that's a different thread, however the bribery of getting them here is perhaps costing us.


  • Registered Users, Registered Users 2 Posts: 10 sugarplum202


    I have to say Mark Anthony, you do seem to be a very conscientious and upright LL, and I for one agree with you about emailing a landlord being a professional venture, and I would expect nothing less from one of Rome's best generals, but as far as my experience and others has been, you are a definite minority.

    Of course, it's a 2 way street, and I'm one of those dreaded students that no one wants to rent to, and sometimes I can see why, but the fact is there are a lot of people out there who will only rent to students, because they feel they can offer them digs in any condition, and take advantage of them however they can. This has gotten worse since "the housing crisis" has become so publicised, with all sorts of cretins crawling out of the woodwork. I have a friend doing a masters at the moment, who was offered the back of someone's shed in Dublin for 150eu Sunday to Friday, with the obligation to vacate the premises every weekend.

    The problem I believe, is that we have never had a traditional rent culture in Ireland, and now that renting is becoming by far the most pragmatic solution, it's a largely unregulated area, and everyone is "panic, panic, panic" with nobody knowing their rights.


  • Registered Users, Registered Users 2 Posts: 10,501 ✭✭✭✭Slydice


    I'm confused. I thought you were talking about supply and demand.

    I thought you were saying you didn't think there was a high demand for your places to rent.

    It sounded like you were surprised that you hadn't experienced an overwhelming feeling of demand.

    I asked how you thought you'd get on if you reduced the price of your rent a bit. Do you think the demand might go up or down?


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  • Closed Accounts Posts: 6,934 ✭✭✭MarkAnthony


    Slydice wrote: »
    I'm confused. I thought you were talking about supply and demand.

    I thought you were saying you didn't think there was a high demand for your places to rent.

    It sounded like you were surprised that you hadn't experienced an overwhelming feeling of demand.

    I asked how you thought you'd get on if you reduced the price of your rent a bit. Do you think the demand might go up or down?

    If you're talking to me you might re-read the OP. It wasn't a supply and demand issue I put forward the idea that we've a behaviour, possibly a culture developing.

    In relation to supply and demand I got plenty of enquiries - that would seem to suggest the price was right - further evidenced by they both let within a week or so. People seemed to be interested and took other properties because they were immediately offered, again pointing to a behaviour of possible desperation which I'm suggesting may be unwarranted, especially at certain income levels.

    I don't want to sound rude but the conversation is nuanced, I don't intend to reduce the points to sound bites. Occam's razor doesn't always apply I'm afraid.


  • Registered Users, Registered Users 2 Posts: 10,501 ✭✭✭✭Slydice


    Your posts offer interesting viewpoints from your perspective.

    I think this (my) post might be taken up as sounding rude as I'm asking the almost the exact same question for a third time.

    How do you think you would get on if you reduced the price of your rent a bit. Do you think the demand might go up or down?

    As you are a landlord, as you have described, I think your answer would offer a very interesting viewpoint on the situation we find outselves in at the moment.


  • Closed Accounts Posts: 6,934 ✭✭✭MarkAnthony


    Slydice wrote: »
    Your posts offer interesting viewpoints from your perspective.

    I think this (my) post might be taken up as sounding rude as I'm asking the almost the exact same question for a third time.

    How do you think you would get on if you reduced the price of your rent a bit. Do you think the demand might go up or down?

    As you are a landlord, as you have described, I think your answer would offer a very interesting viewpoint on the situation we find outselves in at the moment.

    I think really don't know to be honest. I'm a firm believer in 'if it looks to good to be true is usually is'. I was one of the cheaper apartments in the area with some major pluses (very new high spec kitchen, freshly painted, car parking, noise cancelling windows) and some negatives (looked out onto quays - so noisy with windows open). I was willing to negotiate with the right tenant and did.

    I think offering it at a lower price would have probably raised alarm bells, perhaps increased the number of RA tenants (which I wouldn't have rented too I'm afraid due to not agreeing with the system in the main) and perhaps created more enquiries but perhaps not.

    As for the room again loads of enquiries so I don't think price was the issue. With a room I was willing to accept RA subject to getting on with the person and them not being unemployed and thus in the house all day. Employment could have been voluntary I didn't look for references/income certs of any kind.

    Coming down from where we were on the room would have made it not worth doing. There is of course a price one places on privacy and having your own space.

    So all in all I don't think price was a major factor - perhaps I wrong and it was and I went in too low on both counts and people thought something was up?


  • Registered Users, Registered Users 2 Posts: 13,381 ✭✭✭✭Paulw


    Thread re-opened. Please keep it civil and stick to the topic. There is no need for any grandstanding. If you want to have one-to-one discussions, take it to PM, rather than a back and forth through the thread.

    Any more issues and the thread will be closed.


  • Closed Accounts Posts: 1,344 ✭✭✭Diamond Doll


    mid wrote: »
    next time you could also try these facebook groups, they seem to be more popular that daft.ie with international students (both have 25,000+ members)

    https://www.facebook.com/groups/Rentdublin/

    https://www.facebook.com/groups/277024535766729/

    You can also see 'wanted' ads posted, so you'd see if its someone you'd be interested in renting to before replying.

    Thanks for this - I've had a room up for rent on Daft for a couple of weeks, but joined these FB groups after seeing this post, and I've gotten more interest in a couple of days there than I have in a couple of weeks using Daft! :)


  • Registered Users, Registered Users 2 Posts: 6,003 ✭✭✭handlemaster


    Thanks for this - I've had a room up for rent on Daft for a couple of weeks, but joined these FB groups after seeing this post, and I've gotten more interest in a couple of days there than I have in a couple of weeks using Daft! :)


    thats a reflection of the youth of today... its all social networks...:D


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  • Moderators, Category Moderators, Home & Garden Moderators, Recreation & Hobbies Moderators Posts: 22,430 CMod ✭✭✭✭Pawwed Rig


    Yes but the youth of today don't own the properties. They have to know where to look ;)


  • Registered Users, Registered Users 2 Posts: 23,140 ✭✭✭✭TheDoc


    dudara wrote: »
    We were looking approximately a year ago. We can afford the upper end of the market and we spent about 1 week looking. Anything I was seriously interested in, I was there on time, well-presented and with details in hand. In the end, we found a place relatively easily, having viewed about 6 prior places. The whole experience definitely wasn't as bad as I had feared it could be.

    Somewhat same as myself, although dont know if I'd call it high end of the market. Either or, we decided to leave our apartment at the time and we got a three bed house within three weeks. So a week to spare before we hit our leave date in the apartment.

    But I'm a pretty calm collected person and have some faith in my abilities of being impresionable but also smelling bull****ters and dodgy individuals.

    But it was pandemonium for a view viewings where auctions started in the front gardens before we even got into the place. depending on the location and the rent your looking for, I'd imagine dictates how much traffic you are going to get.

    But make no mistake about it, the "crisis" is very real. The shortage in supply is allowing pricing get to silly levels, where the buyer has very little cards to play. I've no worries when it comes to buying as I don't get emotionally attached to stuff so I can kinda deal with walking away from something if it hits over budget. but I'm definitely just happy renting, with the regulations as they are at present and the very average properties for big prices.

    OP or second poster havn't outlined the specs of their place, but a South city centre apartment for €1000 I'd probably guess is a one bed, or a small two bed.

    And I guess what the third poster means, is that if prices were dropped down to actual value, you'd be flooded.

    A lot of people are wise now to looking away from Dublin. I know if I was looking tomorrow I wouldn't bother with Dublin, I'd be looking at surrounding counties and just commute in.

    The same type of property im in that I pay €1250 a month for (3 bed house) I've seen in surrounding counties that are a handy enough commute, for between €800-1000


  • Registered Users, Registered Users 2 Posts: 6,003 ✭✭✭handlemaster


    TheDoc wrote: »
    Somewhat same as myself, although dont know if I'd call it high end of the market. Either or, we decided to leave our apartment at the time and we got a three bed house within three weeks. So a week to spare before we hit our leave date in the apartment.

    But I'm a pretty calm collected person and have some faith in my abilities of being impresionable but also smelling bull****ters and dodgy individuals.

    But it was pandemonium for a view viewings where auctions started in the front gardens before we even got into the place. depending on the location and the rent your looking for, I'd imagine dictates how much traffic you are going to get.

    But make no mistake about it, the "crisis" is very real. The shortage in supply is allowing pricing get to silly levels, where the buyer has very little cards to play. I've no worries when it comes to buying as I don't get emotionally attached to stuff so I can kinda deal with walking away from something if it hits over budget. but I'm definitely just happy renting, with the regulations as they are at present and the very average properties for big prices.

    OP or second poster havn't outlined the specs of their place, but a South city centre apartment for €1000 I'd probably guess is a one bed, or a small two bed.

    And I guess what the third poster means, is that if prices were dropped down to actual value, you'd be flooded.

    A lot of people are wise now to looking away from Dublin. I know if I was looking tomorrow I wouldn't bother with Dublin, I'd be looking at surrounding counties and just commute in.

    The same type of property im in that I pay €1250 a month for (3 bed house) I've seen in surrounding counties that are a handy enough commute, for between €800-1000

    And how much in fuel per month would you pay never mind the extra time...


  • Registered Users, Registered Users 2 Posts: 23,140 ✭✭✭✭TheDoc


    And how much in fuel per month would you pay never mind the extra time...

    Probably less then I pay now to be honest.

    M50 travelling northbound is a disaster every second day. I know from a friend in Kildare who I've stayed with a few times, the commute is quicker to work from that direction, then it is currently, me going from Swords - Park West. This week alone I've had in excess of 90min inbound commutes due to M50 crashes and incidents. Each morning I check the traffic and for the last while if there is an incident, I ring my boss and tell her I'm working from home, and I'll be in when the traffic clears. The mental fatigue of conjested traffic is something I never would have thought was a thing.

    This morning there was something up in the tunnel which caused a massive backlog on the M1, I was just shy of two hours getting in this morning.This is for what should be a 25 minute trip if it wasn't for braindeads on the motorways.

    Plenty of people are doing it, and the feedback is that it is a genuine cost saving, that the traffic from the surrounding counties is a lot less the hitting up the M50 northbound. One of my team finished up two weeks ago to head back to Waterford, where the rent is pennies compared to Dublin. She'll get a job in the same sector with good money and it will be a massive increase in terms of disposable income for her and her family.

    Also worth remembering that a LOT of young people are staying home longe rwith their parents. The new purchase regulations for first time buyers pretty much rules out most first time buyers in Dublin from buying unless they have a bit of cash about them.

    Alternative methods are being used. People building adhoc dwellings in parents backgardens are really popular now. They are basically like shed you live in, and are really suprisingly good. Know a bloke who works for one of these suppliers and tells me they have more work than they can handle.

    But also people staying at home longer with parents. I know if I could turn back the clock and knew this was coming, I'd be living it at home and would have no problem saving up for a mortage. Parents have the room in the house, I'm one of two kids so its not crowded.

    Of all my mates, of about 23 of us

    I rent with GF
    Another couple rent an apartment
    Three of the lads rent a house
    Two couples and one of the lads rent a house

    And thats it. The rest all at home. And I wouldn't mind, working good jobs, but its the viable way to hit that mortgage deposit and stuff. Of us out renting none of us have a hope in HELL of hitting the 10% deposit, never mind the actually higher rate youd need. And we arn't exactly young, we are all 25-28. We have one of us who owns a house with his fiance, and that is only because they got approval before the changes came into place.

    Frequently forgotten is while the base deposit is 10%, that is for properties that are totally not fit for purpose, so your actually looking more in the higher bracket and the deposit severly ramps up.

    I have no like for our government, and I detest so many things that go on, but for once I'm going to be selfish and welcome the auction politics coming in this budget. A review of the first time buyer regulations and probably money back in the pocket from a few cuts would be welcomed.

    At the point where I actually start needing to be selfish. I know I can look after myself, I've a good head, and wont run myself into trouble. so don't care and have no sympathy for people that do.


  • Registered Users, Registered Users 2 Posts: 37,316 ✭✭✭✭the_syco


    AFFORDABLE accommodation in Dublin is scarce...
    Well, affordable EMPTY accommodation in Dublin is scarce. Most people that I know who find affordable accommodation in Dublin don't usually leave unless the place goes for sale.
    pillphil wrote: »
    If I rang them, the conversation would be "Hi, I'm pillphil, I'm ringing about flat x, is it still available?"
    As opposed to "al reet bud, room still going?". When speaking, like texting, you speak formally if you're looking for something; you project your best image forward.
    I think really don't know to be honest. I'm a firm believer in 'if it looks to good to be true is usually is'. I was one of the cheaper apartments in the area with some major pluses (very new high spec kitchen, freshly painted, car parking, noise cancelling windows) and some negatives (looked out onto quays - so noisy with windows open). I was willing to negotiate with the right tenant and did.
    Sounds nice. I'm guessing a lower price on that would have made people wonder if there were undesirables living next door, tbh.
    thats a reflection of the youth of today... its all social networks...:D
    I think most of the good facebook groups for renting are monitored, whereas daft ads can be left up for months after getting let, and can be scam ads.
    TheDoc wrote: »
    me going from Swords - Park West
    Off-topic, but if you don't mind a few minutes walk, would you consider renting in Celbridge or Adamstown and getting the train to Park West?


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