Deleted User wrote: » You mean mid 20s who have honours Bachelors degrees as a minimum, will never earn as much as those in their 40s, will never afford a "nice" house, will be relatively poorer than the previous generation no matter what? And, most importantly for this thread, have been forced to live outside the city and away from the much heralded public transport? Yeah they have had it easy
janfebmar wrote: » A lot of the generation in their mid late twenties do things their parents or grandparents never did, like spend fortunes on weddings (see the cost of an average wedding now), foreign travel, 3 day hen and stag parties, takeaway coffees, you name it. When my parents got married they had a 3 day honeymoon in Ireland. They lived in a small house for many years, and worked their way up. The world owes nobody a high standard of living, you have to work for it. If you want to live in the city you can get an old house and do it up in time, but I suppose that would not be grand enough for you.
Deleted User wrote: » I'm sorry but you think that 20's people are living in big houses? They are not even able to buy these "small houses" you mention. Average wedding age is in the 30's now and weddings cost is often driven by parents wanting to invite half the village (and generally they are paying into it to cover that) I would imagine that the level of 3 days stag/hens in a very small percentage and being plucked out of the air, by you, disingenuously. Foreign travel often costs less that staying in Ireland (I've been looking at a break myself and can easily confirm that) Honeymoon? A once in a lifetime spend which, as above, is cheaper to leave the country. And coffee? Christ on a bike, you think that is what is crippling 20 year olds today? They also spend less on alcohol that older did, relative to income. Other than you seeming to hate weddings (people in their 30s) you state that no one is owed a high standard of living? Yet you ignore the fact that Ireland has huge number of tech/science degree holders who have spent 4-5 years working towards that. Your grandparents were offered jobs for life after intercert Leaving cert and they were the manager never mind college Nearly all of what effects 20 year olds can be traced directly back to this thread and development of housing. The government is continuing to ignore the fact that they are the people who should be building housing stock and not competing with young people for a privately built property. No amount of skinny latte, Ryanair flights to Europe, or one of spends on a wedding are going to cover the fact that they are far worse off than their equivalent of even 1999
MrDerp wrote: » Science/tech degree holders with 4-5 years experience are barely leaving entry level, and I would not expect them to be able to buy in affluent areas. How much could you even have saved at that point?
[Deleted User] wrote: » I'm referring to the point which the poster asserts, that people in their 20s work for nothing. They are not doing the same work as parents. They have degrees in high demand areas but that means that they're entering markets up to ten years later at basic wage, meaning most are into 30s before have any real purchasing power. Far smarter people than me have shown that while they have it easier on the disposable goods their long term earning vs costs is far worse than previous generations. And government policy of forcing people out to "commuter towns" over an hour out, rather than promote development in the cities is a huge part of that. Everyone complaining about the car, ask yourself what's caused this? It's not people living in the city, in the main. It's the 20 to mid 30s highly educated professionals forced to hinterland living.
snotboogie wrote: » Cork may actually start to buck the trend on this, there are five sites for high density accommodation in the docklands; Horgans Quay, Port of Cork, Carey’s Tools, the Marquee and Anderson Quay. We are starting to see the shift away from office and towards high density apartments now.
Brussels Sprout wrote: » Have plans been announced for apartments to be built in any of these locations? Any planning permissions sought?
AugustusMinimus wrote: » What height are we talking. 7 stories for Carey’s Tools site?
snotboogie wrote: » There are only just over 200 apartments in the Elysian on a bigger site. I’d be absolutely shocked if JCD put in for something shorter than that. I’d imagine they’ll roll straight from Penrose Dock over to the Carey’s site so I’d expect to see fast track planning late this year. OCP seem far more tentative so I don’t think we’ll see planning in 2019 but I’d picture it being the same story for height on Anderson Quay, taller than the Elysian due to the relatively small site. I haven’t a clue what Glenveagh will do on the Marquee but they don’t seem to be in any rush, I think they may even finish their suburban developments in Douglas and Blackrock first and see how JCD and BAM get on in the docklands with their apartments. Glenveagh still don’t have planning for the largest section of the Maryborough site, despite starting construction on the smaller section last month. Maybe we’ll see something interesting there? Anyway the shift has clearly started from office to apartments.
MrDerp wrote: » There’s a strange idea alright that our parents generation walked into wealth. True, they appear to have nice houses in nice areas but those were the new estates of yesteryear, and some would have been seen as well outside of town, and they broke their backs to pay for them with double digit interest rates back in the day.
MrDerp wrote: » I’m pro public transport but it’s naive to pretend people won’t drive because of the lack of spaces. Every new building should have some limited underground parking and not pretend like it won’t push the pressure elsewhere.
cgcsb wrote: » More parking= more cars, that's a flat fact.
snotboogie wrote: » Anyway the shift has clearly started from office to apartments.
Shedite27 wrote: » Back in 1980 people spent on average 7% of their income on housing. Today it's 25% Double digit interest rate or not, they were far more affordable
Markcheese wrote: » Averages are a funny thing, who actually spent 7% then, and whos spending 25% now.. And what was built in the 70s 80s, could be thrown up cheaply now..( But wouldn't be allowed or wanted) Plus what was 30-45 mins from the city then, can bé a lot closer Now... (I remember being told of my dad being slagged about moving ALL the way out to ballincolig, Shure that's in the stix..)
snotboogie wrote: » Just at Horgans Quay. I’d expect Carey’s Tools and Port of Cork to go to planning before the end of the year. The other two are a bit further off but both developers have announced intentions to build apartments at those locations.
ScrubsfanChris wrote: » Expect something a lot grander
Markcheese wrote: » Another site in being, ready to go back for a change in planning,(before the existing expires) and hopefully be sold on to continue the game of property pass the parcel... Any chance they could level rates on sites with planning permission...? To discourage hoarding..? Base it on the development value, and a huge claw back when the development is finished /sold, if the value was is under declared while waiting..
calnand wrote: » Just saw that there are plans to turn the old tourist office and Brittany ferries office on Grand Parade to a 284 bed hostel.
snotboogie wrote: » New 284-bed hostel planned for the centre of Cork
the beer revolu wrote: » I know someone who worked at the airport business park and drove from Carrigaline. They've been moved to one of the new office developments in town with limited parking. She now gets the bus. I have no doubt that if she had gotten a lotteried parking space, she'd be driving.
[Deleted User] wrote: » Some people will always need a car.