Where are our kids going to live in the future???

Masala

With the cost of housing and the high level of rents..... how will I kids start their lives when they get married????

It is gonna be impossible for a current 20 yr old to see how he is going to be a home owner in any 5-6 years. I would love to see them live beside his parents like in the old days but sites are impossible to get as well. With their qualifications...there won't be much work for one of them here anyway

Even to say they work in Limerick / Cork to avoid the Dublin prices.... it still gonna be hard

So ... what the solution?? I will always have a room for my kids in the home house but when wives/ kids come along it is not something I am looking in my old age.

Does anyone else spend any time thinking on this ????

DontThankMe

Well we could always build more houses.

Or we could go and set up or moon base and create a colony there.

Senna

Masala wrote: »

Even to say they work in Limerick / Cork to avoid the Dublin prices.... it still gonna be hard

Or maybe one of the other 23 counties in the Republic??

Masala

Senna wrote: »

Or maybe one of the other 23 counties in the Republic??

Agreed..... I could see them getting a nice house in Leitrim. Now if we could get Google to move their!!

Senna

Masala wrote: »

Agreed..... I could see them getting a nice house in Leitrim. Now if we could get Google to move their!!

So your child can only work for one company?

testaccount123

Senna wrote: »

Or maybe one of the other 23 counties in the Republic??

So your solution is to tell young people they can no longer live in any of the major urban centres is it?

mikeybrennan

And how are they going to drive?

Senna

testaccount123 wrote: »

So your solution is to tell young people they can no longer live in any of the major urban centres is it?

Maybe read the thread title.

Buford T. Justice XIX

mikeybrennan wrote: »

And how are they going to drive?

Dunno, probably in a car?

mzungu

Masala wrote: »

Agreed..... I could see them getting a nice house in Leitrim. Now if we could get Google to move their!!

That will never happen because Leitrim doesn't exist.

eeguy

To be honest I see the role of governments in providing housing and infrastructure diminishing over the next few decades.

Some company will come along with an affordable flat pack skyscraper (like the one that went up in China last year) and we'll just see these popping up all over the place. Its crazy that houses are still designed and built on the same principles used 200 years ago.

There's nothing to stop houses getting 3d printed or built off site and assembled onsite.

Senna

eeguy wrote: »

To be honest I see the role of governments in providing housing and infrastructure diminishing over the next few decades.

Some company will come along with an affordable flat pack skyscraper (like the one that went up in China last year) and we'll just see these popping up all over the place. Its crazy that houses are still designed and built on the same principles used 200 years ago.

There's nothing to stop houses getting 3d printer or built off site and assembled onsite.

But there is the low rise planning restrictions, isn't that one of the big problems?

Wesser

The solution is they don't buy when they're 25. They will be off travelling the world at this stage!!! They will buy when they are much older, their salary higher, plus a partner, add together, times 3 .5 , plus deposit. A house that is not perfect but that is acceptable!!! They will be Ok!!! But you must tell them to start saving from the first paycheck!! Save every month even if it is a small amount.!!

eeguy

Senna wrote: »

But there is the low rise planning restrictions, isn't that one of the big problems?

Ireland copies what the rest of the world did 20 years ago. Once a few places prove the concept we'll follow.

Del2005

eeguy wrote: »

To be honest I see the role of governments in providing housing and infrastructure diminishing over the next few decades.

Some company will come along with an affordable flat pack skyscraper (like the one that went up in China last year) and we'll just see these popping up all over the place. Its crazy that houses are still designed and built on the same principles used 200 years ago.

There's nothing to stop houses getting 3d printed or built off site and assembled onsite.

You are forgetting the biggest impact on our building, planning and NIMBYs. The planners won't allow anything fancy to be built and the NIMBYs just don't want anything built.

Dirty Dingus McGee

Senna wrote: »

But there is the low rise planning restrictions, isn't that one of the big problems?

Which are downright stupid in my opinion.

You see cities in America much smaller than Dublin with numerous high rise buildings.

The city would look an awful lot better with a few sky scrapers and actually give the city a skyline.

LadyMacBeth_

Probably more people living in apartments I suppose. Might need to dial back the hysteria there OP.

eeguy

Del2005 wrote: »

You are forgetting the biggest impact on our building, planning and NIMBYs. The planners won't allow anything fancy to be built and the NIMBYs just don't want anything built.

Personally I think both groups should be told to f*ck off and let progress occur.

s15r330

eeguy wrote: »

Ireland copies what the rest of the world did 20 years ago. Once a few places prove the concept we'll follow.

Yeh and we'll make a balls of it as usual even though it's just a copy and paste job

s15r330

Duplicate post.

Yourself isit

eeguy wrote: »

To be honest I see the role of governments in providing housing and infrastructure diminishing over the next few decades.

Some company will come along with an affordable flat pack skyscraper (like the one that went up in China last year) and we'll just see these popping up all over the place. Its crazy that houses are still designed and built on the same principles used 200 years ago.

There's nothing to stop houses getting 3d printed or built off site and assembled onsite.

I bet there is lots stopping that.

jigglypuffstuff

Masala wrote: »

With the cost of housing and the high level of rents..... how will I kids start their lives when they get married????

It is gonna be impossible for a current 20 yr old to see how he is going to be a home owner in any 5-6 years. I would love to see them live beside his parents like in the old days but sites are impossible to get as well. With their qualifications...there won't be much work for one of them here anyway

Even to say they work in Limerick / Cork to avoid the Dublin prices.... it still gonna be hard

So ... what the solution?? I will always have a room for my kids in the home house but when wives/ kids come along it is not something I am looking in my old age.

Does anyone else spend any time thinking on this ????

Heres something that would be a better one to think about

how about instilling into this generation that owning a home isnt the be all and end all....and that the Irish peoples obsession with getting on the 'property ladder" is a cultural phenomenon that needs to be questioned

A_Sober_Paddy

Masala wrote: »

With the cost of housing and the high level of rents..... how will I kids start their lives when they get married????

It is gonna be impossible for a current 20 yr old to see how he is going to be a home owner in any 5-6 years. I would love to see them live beside his parents like in the old days but sites are impossible to get as well. With their qualifications...there won't be much work for one of them here anyway

Even to say they work in Limerick / Cork to avoid the Dublin prices.... it still gonna be hard

So ... what the solution?? I will always have a room for my kids in the home house but when wives/ kids come along it is not something I am looking in my old age.

Does anyone else spend any time thinking on this ????

The Midlands, there are house going in athlone and Longford at very reasonable prices. But they might not have jobs in many fields. But people who work retail, trades they could make a living in these areas with a much lower cost if living than Galway, Cork and Dublin

Yourself isit

pone2012 wrote: »

Heres something that would be a better one to think about

how about instilling into this generation that owning a home isnt the be all and end all....and that the Irish peoples obsession with getting on the 'property ladder" is a cultural phenomenon that needs to be questioned

Because renting is worse and more insecure. Also it's not true that ireland has a high ownership rate relative to the rest of Europe.

CeilingFly

There's a temporary shortage of housing in right area.

In a few years the shortage will be gone - its only 10 years ago that output was running at 80,000 homes a year.

No shortage of land - even within Dublin area. Cherrywood, glass bottle site, adamstown all in train.

Plenty of brownfield sites too especially ballymount / longmile road / Killeen road - full of single storey warehouses that should be moved to grenogue.

Similarly in glasnevin.

And all those areas have infrastructure.

Add in the massive odlum lands at rathcoole, vast tracts beyond Tallaght, blanchardstown and finglas, all of which require infrastructure and in the medium and long term you have plenty of potential.

Short-term - we just have to suck it up.

vegetables

Flying vehicles will be a thing.

You'll just need a random patch of rural land within a reasonable flight time of your destination.

A_Sober_Paddy

testaccount123 wrote: »

So your solution is to tell young people they can no longer live in any of the major urban centres is it?

Of course they can but they most have a large amount of money to do so

4068ac1elhodqr

Several factors:

1. Those with vested interests in keeping 2nd home(s) rents and value rolling in are usually the decision makers on such matters, so any change will be restricted.

2. On the plus side the cycles of boom and bust are fairly regular waves, sooner of later current values will take a kick. Some folks reckon global stocks are 15-20% overvalued, if there a sudden adjustment, that could trickle down to property.

3. Longer term, it's worth factoring in 'force majeure events' which those with high-liquidity and mobility will benefit from. That could range from KimmyJingJangJung 'going bananas', several semi-active mega-volcanos, the expected GranCanaria landslide or just someone rattling the great cold Bear's cage. In such scenarios the only 'value' will be in fresh water sources and stockpiles of tinned beans.

4. With the rise of Virtualisation, ai-robotics and hyperloop/xl-drone type travel concepts, remote working will become more attractive.

jigglypuffstuff

Yourself isit wrote: »

Because renting is worse and more insecure. Also it's not true that ireland has a high ownership rate relative to the rest of Europe.

Firstly thats in no way relative to what I said..The words ownership rate didnt come into my post...so do yourself a favour...read what I wrote next time

Secondly....Insecurity is relative...not everyone wants to be tied to a mortgage...many people would consider that insecurity....a debt hanging over your head for 20-30 odd years....at which time when things change you can lose it all in an instant...sorry your point is invalid

Finally....the key words in my post were cultural phenomenon...If you think that the obsession here with owning a property isnt cultural...you are delusional

eeguy

vegetables wrote: »

Flying vehicles will be a thing.

You'll just need a random patch of rural land within a reasonable flight time of your destination.

Flying cars will never be a thing. Tunnels are more likely

Yourself isit

pone2012 wrote: »

Firstly thats in no way relative to what I said..The words ownership rate didnt come into my post...so do yourself a favour...read what I wrote next time

You talked about Irish peoples love of property. That's clearly relative to other countries. Do yourself a favour - understand what you've written.

Secondly....Insecurity is relative...not everyone wants to be tied to a mortgage...many people would consider that insecurity....a debt hanging over your head for 20-30 odd years....at which time when things change you can lose it all in an instant...sorry your point is invalid

Sure nobody wants a mortgage. We all want to own a property outright but in fact repossessions are far less common than renters bring kicked out on the street. There's far less risk. In the last 5 years I've seen two families close to me get kicked out of rentals because the landlord was refurbishing of was putting it up for sale. Unless rental laws become more stringent, specially for families, its far more of a risk to rent. And if a mortgage costs less than rent it makes sense to buy.

Finally....the key words in my post were cultural phenomenon...If you think that the obsession here with owning a property isnt cultural...you are delusional

You're back to comparing ireland unfavourably with the rest of the world while denying that you are doing that.

Nearly everybody I've met in real life who complained about irelands obsession with property owned a property. Renters just want security.

Archeron

Under the sea. There'll be no accusations, just friendly crustations, under the sea.

Del2005

pone2012 wrote: »

how about instilling into this generation that owning a home isnt the be all and end all....and that the Irish peoples obsession with getting on the 'property ladder" is a cultural phenomenon that needs to be questioned

People own their own home in most countries, just in the large cities renting is more common because very few can afford to buy.

With the way pensions are going not owning a home means that you can never retire.

buyer2017

The only way is to increase height restrictions

Del2005

Ariyah Great Fumble wrote: »

4. With the rise of Virtualisation, ai-robotics and hyperloop/xl-drone type travel concepts, remote working will become more attractive.

And also remove most current jobs.

Are Am Eye

Archeron wrote: »

Under the sea..

That's your answer to everything.

hatrickpatrick

I can easily see something like the Guinness/Iveagh situation coming about in the future, in which well-off companies like Google buy / build housing, and provide it free of charge to their employees as part of the job. I think if the housing crisis gets much worse they could easily avoid getting stung with benefit-in-kind taxation on the grounds that if they don't provide it, their employees will simply be living too far away from the company to be effective employees.

Harry Palmr

Communal living - not an obviously attractive idea for many as it evokes hippies and/or the third world but it must be said that a home for two/three people in suburbia is just about the least efficient/most expensive way to house people. Design accommodation which shares most facilities and costs.

pone2012

pone2012 wrote: »

Heres something that would be a better one to think about

how about instilling into this generation that owning a home isnt the be all and end all....and that the Irish peoples obsession with getting on the 'property ladder" is a cultural phenomenon that needs to be questioned

Why does the desire to own your own home need to be questioned?
It's not immoral. In fact, it's a perfectly natural desire.

On the other hand, there are lots of questions to be asked about the rental market - or, in many cases, the lack of a rental market - never mind one that is affordable...

defrule

I think people need to abandon the idea of living in houses and embrace apartment life.

LadyMacBeth_

The rental market here needs to be properly regulated like it is on the Continent. Then renting long term will be a viable option.

Fathom

Masala wrote: »

Where are our kids going to live in the future???

For Boomerang Generation? Return to parents after graduation.

LordSutch

Australia, New Zealand, the US? I hope not.

Hopefully they'll settle in Ireland, Britain, or Europe.
As long as its not too far away.

PS my brother settled in OZ which has been great for him, but its a real pain for reunions here in Ireland + lots of heartache & pining for all, specially in the early years.

qo2cj1dsne8y4k

Your kids in the future isn't the problem. Presumably your kids have a roof over their heads now and that's more than can be said for a lot of people in the here and now

conorhal

eeguy wrote: »

To be honest I see the role of governments in providing housing and infrastructure diminishing over the next few decades.

Some company will come along with an affordable flat pack skyscraper (like the one that went up in China last year) and we'll just see these popping up all over the place. Its crazy that houses are still designed and built on the same principles used 200 years ago.

There's nothing to stop houses getting 3d printed or built off site and assembled onsite.

I feel like the inevitable and depressing consequence of this will be our enslavement as you become a tithed serf of some corporate entity who will become our new medieval lords, you'll get to live at their sufferance in a 3D printed box and spend your 'wages' in the company concessions.

We need to become a nation again and our governments accountable to people rather than quangos, quasi national organizations and corporations otherwise our future will be bleak.

Del2005

hatrickpatrick wrote: »

I can easily see something like the Guinness/Iveagh situation coming about in the future, in which well-off companies like Google buy / build housing, and provide it free of charge to their employees as part of the job. I think if the housing crisis gets much worse they could easily avoid getting stung with benefit-in-kind taxation on the grounds that if they don't provide it, their employees will simply be living too far away from the company to be effective employees.

If they aren't looking after their well paid employees in Silicon Valley and San Fran not being able to afford to live in the area they aren't going to look after the plebs in order countries. Or do you want a Foxconn where they have netting around the higher floors?

seamus

In five years time we'll be remarking about all the crazy places that they're building houses and wondering where they're going to find anyone to live in them.

The market runs in cycles.

Atoms for Peace

The future generations will live in VR pods in Roscommon and commute to the big smoke by tube technology.

Biscuitus

Everyone will have to rent in the future like in other European countries. Buying a house with a mortgage will become very uncommon.

I love Sean nos

A_Sober_Paddy wrote: »

The Midlands, there are house going in athlone and Longford at very reasonable prices. But they might not have jobs in many fields.

Don't worry, there are lots more fields around Athlone and Longford that they could work in.

donegaLroad

young people in the near future, will be building their own self sustainable housing from recyclable materials, such as tyres in the clip here.

https://www.youtube.com/watch?v=LraJwVRH5Pw