FreudianSlippers wrote: »
Increased supply would fix this problem very quickly IMO.
We need significant amounts of apartments both social/lower priced and mid-to-high end in the city centre. Not everyone wants/needs to live in a house or wants to share with a bunch of other people.
Tax property owners on unbuilt/derelict land inside the canals and require all new developments to have 15% social/affordable housing in each new development.
Nody wrote: »
Which could be done by opening up the rules about heights in Dublin to build skyscrapers...
With over half the cost of a house sitting outside actual building costs it makes no sense to make cheap apartments; what's needed is to lower the actual non build related costs and tie in specific cuts with building smaller cheaper apartments to a lower standard than today for it to actually make sense. But if the material difference is 50k between building a luxury apartment to be sold for 300k or a cheap apartment you can sell for 150k you'd be stupid to build the second type and this ties back to the non building material etc. related costs once again inc. permissions.