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Housing Crisis - Your Take

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Comments

  • Registered Users, Registered Users 2 Posts: 2,612 ✭✭✭Yellow_Fern


    This strategy overestimates developers margins and underestimates the cash cow that house construction is to the taxman. I am no expert on developer margins, but if the estimates in the media are reliable, developer margins can be less than taxes, so the real cost of this proposal changes radically. That is before one factors the loss that is incurred by not selling these state-owned lands



  • Registered Users Posts: 995 ✭✭✭iColdFusion


    This is from a 2020 report so out of date by a decent bit now but technically if you cut out VAT, planning fees, land costs, profit and finance costs cheap houses are doable if you have a clean greenfield site but its a massive hit to the taxpayer, you'll recoup a bit from employee income taxes and the like but realistically they would be building houses for tax paying working families to buy if they weren't on social housing

    Click on the PDF button top right corner to open the report, obviously things have only gotten worse since this.



  • Registered Users Posts: 1,209 ✭✭✭riddles


    The globalisation project doesn’t leave much room for social welfare. The welfare cradle to the grave concept we have here has now attracted all-comers from around the globe. The notion of providing free housing will ensure there will never be enough supply.

    It’s a shocking state of affairs when it’s almost accepted that well paid grown adults need to live at home with their parents, whilst at the same we are socially housing economic migrants and in general people who’ve made zero PRSI contributions. As long as that’s the norm the list will just get longer.



  • Registered Users, Registered Users 2 Posts: 69,538 ✭✭✭✭L1011


    Find a different forum to spout off about immigration in. Do not attempt to do so in another (third? fourth? I shouldn't have to count) thread. Do not reply to this post.



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