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Comments

  • #32
    beejee
    Registered Users, Registered Users 2 Posts: 1,787 ✭✭✭beejee


    Nixonbot wrote: »
    Apartments that we desperately need.

    "we"!

    Need to build new assets at 4 times a reasonable cost, then sell off at 10 cent on the euro afterwards to "investors" from "not here".

    You know, like the vast numbers of apartment blocks that were built for ridiculous cost, sold for nothing, now charge people extortionate rent, and the money flows out of the country.

    Oh, maybe you think Irish people will benefit?! Lolololololol


  • #33
    wakka12
    Registered Users, Registered Users 2 Posts: 9,786 ✭✭✭wakka12


    I dont see what was ever so nice about Nelsons Pillar, it was just fine, you could put something much better there though. Spire isnt great either


  • #34
    Boggles
    Registered Users, Registered Users 2 Posts: 44,337 ✭✭✭✭Boggles


    Nixonbot wrote: »
    More apartments = bigger supply = less cost.

    Your equation isn't true in this country for some reason.

    We were balls deep in houses and apartments 10 years ago and the cost kept on going up.


  • #35
    the_syco
    Registered Users, Registered Users 2 Posts: 37,310 ✭✭✭✭the_syco


    OldMrBrennan83 wrote: »
    The only argument to be made for that would be so it could be blown up all over again.
    I guess so. Having a tower dedicated to Michael Collins, built by the Irish, for the Irish, in a Gaelic design is bound to piss off some terrorist organisation... :pac:
    wakka12 wrote: »
    I dont see what was ever so nice about Nelsons Pillar, it was just fine, you could put something much better there though. Spire isnt great either
    The thing itself was ugly, but a landmark that people can actually use is nice to have. Making it a tourist attraction attracts people to O'Connell street.
    Boggles wrote: »
    Your equation isn't true in this country for some reason.

    We were balls deep in houses and apartments 10 years ago and the cost kept on going up.
    A huge amount of the houses were in Ballygobackwards, and some have since being levelled, as no-one wants them.


  • #36
    SEPT 23 1989
    Registered Users, Registered Users 2 Posts: 43,038 ✭✭✭✭SEPT 23 1989


    They should never have taken down the towers in ballymun


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  • #37
    Boggles
    Registered Users, Registered Users 2 Posts: 44,337 ✭✭✭✭Boggles


    the_syco wrote: »
    A huge amount of the houses were in Ballygobackwards, and some have since being levelled, as no-one wants them.

    That's different, They were in unfinished estates, it was cheaper level them. That said a few of them I know of have been finished in the last couple of years after laying idle and in some cases open to the elements for 5-7 years.

    Apparently not once in 30-40 years of increasing housing supply has it made housing cheaper, it's the opposite, Developers will always maximize every last cent of profit. Increasing supply is very important, but done on it's own just means ever increasing prices.

    The arse falling out of the market and banks not lending is the only thing that really decreases prices in this country and that is only for so long.


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