Irish Property Market chat II - *read mod note post #1 before posting*

https://www.boards.ie/discussion/comment/120490352#Comment_120490352

Have you considered, some people just don’t like living in Dublin.

DownByTheGarden

https://www.boards.ie/discussion/comment/120490362#Comment_120490362

A lot less like living in Dublin now than used to. Thats for sure.

fliball123

Why is there a narrative that its just teachers being priced out of Dublin? This country needs to start getting more bang for their buck starting with a actuarial breakdown of the full costs per head it costs to send a person through school and college and if someone goes into third level I think that they should either give the full running costs of this education back if they leave the country or be made sign an employment contract that locks them into working in this country for a number of years relative to the amount of money paid via the tax payer for their education.

All career breaks in the public sector should be cut out completely if a teacher or other public servant leaves good luck if you come back to Ireland you start back on the first rung of the ladder.

Jonnyc135

https://www.boards.ie/discussion/comment/120490362#Comment_120490362

I'd safely say 90% of people in the situation I gave it was a fiancial decision to leave Dublin, comming from someone who works in the private sector and used live in Dublin for years, I really liked it and would have seen myself living there full time easily if it was not for the cost of living in the greater Dublin area and the traffic on the main commuter belt roads.

https://www.boards.ie/discussion/comment/120490729#Comment_120490729

Would you guarantee jobs for every graduate as part of that policy, and by penalising those who don’t stay, would you be worried about how that could drive down wages? I’m sure employers would not pay above minimum wage if every graduate was required to stay in the country, or face massive financial penalties if they emigrated.

You haven’t thought this through.

https://www.boards.ie/discussion/comment/120490989#Comment_120490989

90%? BS, unless they are from Dublin, and even then, you can’t assume the reason is financial only. Some young professionals just fancy getting out of Dublin.

Jonnyc135

https://www.boards.ie/discussion/comment/120491010#Comment_120491010

I forgot you know everything - and certainly have an authority on everything posted on this thread.

I'm just giving my opinion based off people I know and what is being said in the professional working age group of 28-35 year old's.

https://www.boards.ie/discussion/comment/120491041#Comment_120491041

Not every 20-something thinks only about the price of the house they are going to buy. Some don’t want to live in Dublin (I know, that is hard to believe), some want to go live in other countries where the sun shines, they get paid well, and they don’t have to listen to people constantly moaning about how awful it is to live here.

fliball123

https://www.boards.ie/discussion/comment/120490993#Comment_120490993

If there are no jobs available then they can leave without penalty but we are a million miles from that situation, we should be as part of the college/education for things like nurses/doctors/teachers have a pathway into public service jobs so that the person can serve until their debt is paid off and then they can do what they like. As for employers if they are heading to public service there is a pay scale and lets be honest its no where near the minimum wage its 20%+ above the average wage of the private sector. Either that or go full U.S with college fees let them pay the full costs using a loan and if they want to leave then the tax payer is not on the hook for their third level education.

Bass Reeves

https://www.boards.ie/discussion/comment/120491041#Comment_120491041

Dublin was always like that people moved up there in there early mud twenties and after 4-5 years decided I have enough of this.

At present people forget that there was very little travelling during COVID. Because of that there is people who would have travelled for the past 3-4 years now deciding to travel. One thing I notice is that many have got 6-12 month career breaks from multi-nationals especially to entice them back.

On career breaks there are an advantage and disadvantage. My son went away nearly six years ago now. He had a permanent position. He was gone four years. If he had not got a career break I doubt if he would have come back

Probably the length of five years is too much. 30-36 months might be more appropriate.

https://www.boards.ie/discussion/comment/120491200#Comment_120491200

So they would have to take any job available, or face the penalty?

fliball123

https://www.boards.ie/discussion/comment/120491298#Comment_120491298

Take a job that their qualification allows them to work in as they get experience they can apply for other roles and yeah let them face the penalty as apposed to the tax payer, they get the education they should pay for it.

Villa05

https://www.boards.ie/discussion/comment/120490729#Comment_120490729

It's from certain posters deflecting from the main points, creating narratives and noise when they run out of a valid argument. It's not all teachers that are heading off to Dubai after we have invested so much in educating them.

Jonnyc135

https://www.boards.ie/discussion/comment/120491160#Comment_120491160

There's a huge difference between a what a 20-something thinks about and what the 28-35 age group thinks about.

Most in the age group I stated still based in Ireland would have housing costs as their number one priority.

Villa05

Any of ye see the video on twitter with what appears to be a landlord using an electric saw to gain access to property and threatening the tennant and his family with the saw. Tennant is claimed to be a doctor

Not posting, u till its validated

combat14

good news at last

ECB to stop hiking in July 'but only after three monthly increases in a row'

https://www.irishexaminer.com/business/economy/arid-41118607.html

DownByTheGarden

https://www.boards.ie/discussion/comment/120491454#Comment_120491454

I would agree with that.

Couldnt wait to move to Dublin in my teens. Had a great time between living in Dublin city center and other world cities until i hit my mid 30s. The closer i was to the city center the happier I was.

Spent the rest my 30s figuring out how to get out of living in Dublin.

Could never imagine going back to Dublin city center now. However ive been in a few cities that i would happily move to for good. If I could.

mcsean2163

No sign of an increase in supply, still below January. Looked at house in enniskerry.

https://www.myhome.ie/residential/brochure/ashridge-green-monastery-enniskerry-co-wicklow/4692225

the talk was that it was best to knock an rebuild. So €790k for a site on which the former house must first be demolished? I'm in the wrong business 😭

I don't understand the 1.7 acres, maybe the driveway is .7 acres?

BlueSkyDreams

https://www.boards.ie/discussion/comment/120490362#Comment_120490362

If you can afford to live in Dublin and are young, its the best place to be for most. Far and away the most vibrant place in the country.

But, and its a big but, teachers just cant afford it.

We should have a weighted salary like london does. Not just for teachers but for all essential workers living and working in Dublin.

On the flip side, teachers/nurses etc should have to pay their fees back, unless they have worked for X number of years in Ireland.

Its wrong that people are getting the free education, knowing that they arent going to stay in the country.

If you are being given free qualitifcations, they should be paid for, either through time served or money spent.

https://www.boards.ie/discussion/comment/120492668#Comment_120492668

That is a subjective viewpoint in relation to Dublin. People from there think it is all things to everyone, people not from there may think it is somewhere to work for a while, then move on.

I really don’t get why people think college fees should be repaid if the student leaves, it’s just nonsense unless jobs are guaranteed at the end of your studies, or you force all graduates to take whatever jobs are available, wherever they are available. Employers, including the PS would base wage offers on the fact that if the graduate refuses the job, they would have no option but to emigrate and pay back their fees.

It would also rightly be argued, why should some graduates be forced to repay fees and others not?

In relation to Dublin weighting, you know well that employees in Cork, Galway, Limerick etc will argue that it is just as difficult to live in those cities as it is in a Dublin, so why should Dublin employees get more? I’m not saying they deserve it, but that is what will happen.

fliball123

https://www.boards.ie/discussion/comment/120492685#Comment_120492685

https://www.boards.ie/discussion/comment/120492668#Comment_120492668

I agree with most of what your saying bluesky with the exception of the Dublin weighting PS pay is already 20% higher on average than the private sector, maybe we could lower wages in other less effluent areas.

Dav all viewpoints on here are subjective

BlueSkyDreams

https://www.boards.ie/discussion/comment/120492685#Comment_120492685

Dublin being more vibrant and having more events, nightlife, entertainment, restaurant options than anywhere else in the country isnt subjective, Its a fact.

Where I agree is that Dublin is not for everyone and some people prefer quieter places, which is all good.

Horses for courses and all.

I think you are right that Limerick, Cork and Galway would complain if we introduced Dublin weighting, but so too did Manchester, Leeds and Bristol when London got it :)

Dublin is still considerably more expensive than any other irish city to rent and property prices are much higher.

As of Q1 2023, Cork, Limerick and Galway counties all have average house prices under 300k.

South County Dublin is over 600k.

More than twice as expensive!

There is no comparison in the cost between Dublin, especially south east Dublin, and the rest of the country.

I think its fair enough that people working in these areas get some additional support to provide public services.

We should also remember that a lot of property tax is diverted from Dublin to fund the rural counties and so you can well argue thar Dubliners arent getting the services they pay for. Dublin weighting would go a little way to addressing this.

Viscount Aggro

https://www.boards.ie/discussion/comment/120492563#Comment_120492563

I know this house.... owned by the Cross (pens) family.

It would make a good investment, one could subdivide the site, get planning for another house.

Villa05

The property market "innovators".

https://twitter.com/IrishTimes/status/1648333211833966592?t=-Fo1-mLWzjRcxmA8bJtMTg&s=19

BlueSkyDreams

https://www.boards.ie/discussion/comment/120492745#Comment_120492745

In general yes, but if we are talking specifically about core service providers, teachers/nurses etc, and i include bus drivers and binmen here, they may well still be struggling and the cost of housing in Dublin is so much higher than everywhere else.

How much does a bus driver earn vs a teacher actually? genuine question.

timmyntc

https://www.boards.ie/discussion/comment/120492787#Comment_120492787

Ah here, comparing the entirety of Cork, galway or Limerick with only south dublin - well known for being the most expensive part of the country!

kippy

https://www.boards.ie/discussion/comment/120492802#Comment_120492802

I honestly don't know how folks on minimum wage manage to rent or live in any of our major cities currently. While it is possible bin men and drivers are on more than minimum wage I would doubt it is significantly more than it.

Really hoping to see some level of building happen in the locality I am in in the next 6 months. There's planning in for a number of estates and planning approved for a considerable time at this point for a couple more but no sign of building beginning. It's beyond a joke the current situation and there really isn't any sign of affordable housing for anyone where it is most needed.

BlueSkyDreams

https://www.boards.ie/discussion/comment/120492957#Comment_120492957

Even West Dublin is over 350k, so the cheapest part of the capital is still 20% more expensive than the other cities.

And once you go south Dublin you see a huge jump.

And these are big population centres, bigger than Cork City in their own right, its not just a smattering of millionaire homes in Dalkey :)

it really shows there is very much a 2 speed economy when you measure south Dublin in particular, against the rest of the country.

Thars really why I sat there should be some supoorts for teachers etc.

Judt doesnt make sense to pay a teacher in Lietrim or Mayo the same as one in South Dub, when the houses are 3 or 4 times the price.

BlueSkyDreams

https://www.boards.ie/discussion/comment/120492971#Comment_120492971

Yes, good points Kippy.

Is it in Dublin you are waiting on the developments?

I have to say, there are a lot of apartments in particular under construction at the moment. Obviously not enough, but every mile or 2 in Dublin you see cranes and apartments going up.

Cherrywood and Sandyford in psrticular have a lot going up.

PokeHerKing

https://www.boards.ie/discussion/comment/120493000#Comment_120493000

I can't imagine teachers in leitrim/mayo would be happy to take big pay reductions though.

Increasing PS pay in Dublin would just fuel house prices. Holding London up as some sort of positive example is lunacy.

It's worse than Dublin in every way that's being discussed on this thread.