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

Masala · 23-07-2017 02:36PM #1

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 · 23-07-2017 02:39PM

Well we could always build more houses.

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

Senna · 23-07-2017 02:39PM

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 · 23-07-2017 02:40PM

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 · 23-07-2017 02:43PM

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 · 23-07-2017 02:45PM

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 · 23-07-2017 02:46PM

And how are they going to drive?

Senna · 23-07-2017 02:49PM

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 · 23-07-2017 02:49PM

mikeybrennan wrote: »

And how are they going to drive?

Dunno, probably in a car?

mzungu · 23-07-2017 02:50PM

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 · 23-07-2017 02:50PM

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 · 23-07-2017 02:52PM

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 · 23-07-2017 02:52PM

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 · 23-07-2017 02:54PM

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 · 23-07-2017 02:54PM

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 · 23-07-2017 02:56PM

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_ · 23-07-2017 02:58PM

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

eeguy · 23-07-2017 02:59PM

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 · 23-07-2017 02:59PM

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 · 23-07-2017 03:00PM

Duplicate post.

Yourself isit · 23-07-2017 03:01PM

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 · 23-07-2017 03:02PM

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 · 23-07-2017 03:04PM

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 · 23-07-2017 03:05PM

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 · 23-07-2017 03:06PM

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 · 23-07-2017 03:07PM

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 · 23-07-2017 03:07PM

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 · 23-07-2017 03:10PM

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 · 23-07-2017 03:17PM

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 · 23-07-2017 03:21PM

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 · 23-07-2017 03:37PM

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.

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

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