2021 Irish Property Market chat - *mod warnings post 1*

Villa05

Amadan Dubh wrote:

It would be great if CAB could be responsible for evictions of non-paying tenants as well in the normal rental market as it took three weeks to seize it and get it on the market!

If we sent them after white collar crime, brown envelope brigade and corrupt politicians we would be going a long way to fixing the ills of the nation

Villa05

Governments own research in 2019 showed that investment funds would not deliver affordable homes and threatened monopolistic powers in areas of the market they dominated according to indo

A bit of stating the obvious, but at least we know that they know

Amadan Dubh

Great article in The Journal this morning from Dr Lorcan Sirr who is Senior Lecturer in Planning and Development at the Technological University Dublin and not a member of any political party; and Orla Hegarty who is an architect and Assistant Professor of Architecture in UCD and not a member of any political party.

It's a long read but worthwhile. Here are some extracts which really stood out for me.

https://www.thejournal.ie/readme/housing-crisis-ireland-5436118-May2021/

WHEN THE EUROPEAN COMMISSION recently looked at Ireland’s affordability crisis, it warned that ‘the surge in house prices in recent years seems to have been mainly driven by increases in land prices and construction margin’. As ever, land and money. And as in the past, it is not only the physical environment that is changed by housing, the economic and electoral landscapes are affected too.

Lobbyists confirmed giving then Minister for Housing Simon Coveney and his officials their SHD recommendations who ‘took it lock, stock and barrel and stuck it into the new housing bill.’ At that time, then opposition spokesman Darragh O’Brien said: ‘It is evident that a lot of power is concentrated among a select group of developers.’

Prior to Covid, it should be noted that despite removing opportunities for meaningful public participation – a way of balancing power and influence between different parties – less than two per cent of all housing with planning permission under the SHD process had been built. This does not add weight to central premise of the SHD lobbyists that public objections were holding up development.

There were more new homes completed in Naas (176) and Drogheda (197) in the first three months of this year than there were in Dublin postcodes 1 to 8 (137).

The deregulation of apartment standards for build-to-rent and co-living has enhanced profits, inflated land values and raised prices for potential purchasers and renters. It has also made Ireland a very attractive place for institutional investment.

As a result, decent housing in urban areas is increasingly out of financial reach; the cost of housing is damaging Ireland’s competitiveness and putting serious pressure on government finances. According to Gillen Markets, an experienced advisor to large funds, the greatest risk to investors now is that the government might do something to make housing more affordable.

The housing policies of the parties of the left are actually quite conservative in the context of Ireland’s century-long history. Indeed, their centrist policies are the very ones the larger parties were proud of not that long ago. Building housing that is affordable, rather than helping people buy housing that is unaffordable, is neither radical nor reactionary.

SmokyMo

Amadan Dubh wrote: »

Great article in The Journal this morning from Dr Lorcan Sirr who is Senior Lecturer in Planning and Development at the Technological University Dublin and not a member of any political party; and Orla Hegarty who is an architect and Assistant Professor of Architecture in UCD and not a member of any political party.

It's a long read but worthwhile. Here are some extracts which really stood out for me.

https://www.thejournal.ie/readme/housing-crisis-ireland-5436118-May2021/

She is excellent on twitter. https://twitter.com/Orla_Hegarty

Cal4567

Villa05 wrote: »

Governments own research in 2019 showed that investment funds would not deliver affordable homes and threatened monopolistic powers in areas of the market they dominated according to indo

A bit of stating the obvious, but at least we know that they know

But even that report concluded that it was only apartments in Dublin, so it sort of didn't really matter. It says as much about our in bred attitudes to apartment living.

Villa05

Cal4567 wrote:

But even that report concluded that it was only apartments in Dublin.

Yet we continously hear from politicians that these investment funds have an insignificant portion of the market, yet there own reports are suggesting that they have or are developing a monopolistic environment in the most expensive market in the country

Mad_maxx

SmokyMo wrote: »

She is excellent on twitter. https://twitter.com/Orla_Hegarty

Read some of her , comes across as a #we can be zero type

The mask in the profile is a giveaway to ignore her too

Amadan Dubh

SmokyMo wrote: »

She is excellent on twitter. https://twitter.com/Orla_Hegarty

Agreed, very informative and knowledgeable. She is excellent and should be given a prominent platform to speak on the housing issues.

Says a lot about a person would dismiss her property views because she has a face mask in her twitter profile.

PropQueries

Cal4567 wrote: »

But even that report concluded that it was only apartments in Dublin, so it sort of didn't really matter. It says as much about our in bred attitudes to apartment living.

It is weird alright. For decades, policy makers have been asking us why we don’t embrace apartment living like the Europeans and then they appear to go out of their way to ensure that apartments aren’t built in a family friendly manner or are built with significant structural defects and now they’re ensuring that a family couldn’t buy one even if they wanted to (build-to-rent) and even if they did manage to buy one, there’s a high chance that the apartment next door will be an AirBnB (or whatever takes its place) or social housing.

Never mind the fact that we have one of the lowest population densities in Europe and don’t really need any more apartments and we prefer real houses for very good reasons IMO

But then again, the same policy makers have been asking for decades why we don’t embrace outdoor dining like the Europeans. I don’t think I need to explain why we don’t

Villa05

Amadan Dubh wrote:

Says a lot about a person would dismiss her property views because she has a face mask in her twitter profile.

Yes of course, we must only listen to paid lobbyists for specific sectors that profit greatly from policies when implemented

If your opinion is debatable on 1 topic all your points are invalid

If your opinion helped collapse the world financial system, we want more

PropQueries

According to the SBP today:

“Nine of the country’s 31 local authorities have no sites listed on their vacant site register and six county councils have not valued the sites on their register and so cannot collect the vacant site levy.”

I think I’ve driven through every county in Ireland at some stage over the past few years and for 9 local authorities to have no sites at all on their register is impossible.

Link to SBP article here: https://www.businesspost.ie/houses/almost-half-of-local-authorities-not-set-up-to-collect-vacant-site-levy-2d0c4678

Cyrus

this 3 bed with no garden made 880k according to the PPR,

https://www.youtube.com/watch?v=ZZvqbmAJZ4U

It must be at nearly 800 a sq foot in dalkey now for ready to move in properties.

Hubertj

Amadan Dubh wrote: »

Agreed, very informative and knowledgeable. She is excellent and should be given a prominent platform to speak on the housing issues.

Says a lot about a person would dismiss her property views because she has a face mask in her twitter profile.

Yes Twitter is an excellent way of communicating with the general public when a significant majority of the general public doesn’t use Twitter.

A much better way of communicating is through articles such as the journal article you linked, which is excellent.

Amadan Dubh

Hubertj wrote: »

Yes Twitter is an excellent way of communicating with the general public when a significant majority of the general public doesn’t use Twitter.

A much better way of communicating is through articles such as the journal article you linked, which is excellent.

I don't have twitter, I just clicked into the link posted and read through the property pieces. While I don't agree with the concentration of politicians, journalists, etc. on Twitter, it at least attracts more people of education and authority than those who use Snapchat, Facebook or Tik Tok - I don't think the same calibre of posting would appear on these platforms!

Mad_maxx

Amadan Dubh wrote: »

Agreed, very informative and knowledgeable. She is excellent and should be given a prominent platform to speak on the housing issues.

Says a lot about a person would dismiss her property views because she has a face mask in her twitter profile.

i read a good bit of her twitter page , most of it is extreme covid 19 prevention stuff , endless tweets about the danger of spread in classrooms etc

she comes across as an ISAG type so thats enough for me to dismiss her

timmyntc

Mad_maxx wrote: »

i read a good bit of her twitter page , most of it is extreme covid 19 prevention stuff , endless tweets about the danger of spread in classrooms etc

she comes across as an ISAG type so thats enough for me to dismiss her

I read a good bit of your posting history, most of it bizarre nonsense, endless posts about SF and cars and all sorts

So thats enough for me to dismiss you :rolleyes:

Mad_maxx

timmyntc wrote: »

I read a good bit of your posting history, most of it bizarre nonsense, endless posts about SF and cars and all sorts

So thats enough for me to dismiss you :rolleyes:

you must be confusing me with someone else , i rarely ever post about SF or cars

timmyntc

Mad_maxx wrote: »

you must be confusing me with someone else , i rarely ever post about SF or cars

Just a guess

The point is that someones posting history on a totally unrelated topic is not a valid excuse to dismiss their opinions. Yer ones covid posts have as much bearing as your non-property related posts on boards.

cnocbui

Mad_maxx wrote: »

Read some of her , comes across as a #we can be zero type

The mask in the profile is a giveaway to ignore her too

Mad_maxx wrote: »

i read a good bit of her twitter page , most of it is extreme covid 19 prevention stuff , endless tweets about the danger of spread in classrooms etc

she comes across as an ISAG type so thats enough for me to dismiss her

If you are trying to convince us of something, you are really going about it in the wrong way.

L1011

COVID stuff to the COVID forum, immediately. Any further posts on that line will result in a forum ban as its that insanely off-topic. The entire back and forth in the last few posts is to be dropped too.

woejus

L1011 wrote: »

COVID stuff to the COVID forum, immediately. Any further posts on that line will result in a forum ban as its that insanely off-topic. The entire back and forth in the last few posts is to be dropped too.

i thought threads couldn't go over 10k posts or boards would blow up, has that been fixed now?

Graham

Continued here