Yurt! wrote: » An additional 6.5bn added to current spending commitments on social and affordable to reach 100k units over the stated period. This was covered exhaustively around the election on both traditional media an social media.
Yurt! wrote: » He's a housing economist actually, the best regarded one in the country. Sorry.
blanch152 wrote: » Hang on, we have dozens of articles producing hard figures on the cost of building homes, we have the actual costs incurred by DCC, we have the results of many tender processes, yet one journalist speaking with back of the envelope calculations on a single podcast trumps all of the expertise. That pretty much sounds exactly how SF does policy, pretty Trumpian in essence.
aido79 wrote: » I'll give you a clue...they don't make android phones or use a windows operating system in their computers...
Yurt! wrote: » You didn't listen to the podcast I take it...
Mortelaro wrote: » Oh ? Where would the other 14 billion come from to build the rest of the 100k houses ? (Assuming a cost of 200k per unit)
Yurt! wrote: » Your workings are Fisher Price calculator stuff. You have an economist whose career is to research this very subject who has scrutinized the plan and you think your back of an envelope working is superior to his. I know who I'm listening to on this.
Yurt! wrote: » This is the most simplistic assessment possible, and it's only possible to think this way by being willfully deaf. It's the reason we ended up in the mess we got into.
Mortelaro wrote: » Do they? What I heard in that were 2 academics unchallenged waxing lyrical on their theories and the first thing I was thinking was how many houses have they ever built? The practicalities and the real world wouldn't be long making a mish mash of that pie in that sky It's not actually rocket science to cure housing Demand and supply First supply the skilled builders Second supply the incentive to build Third said supply outstrips demand Price falls
Yurt! wrote: » It's actually Morning Ireland, so as not to send my friends on a wild goose chase I'll provide the link.https://soundcloud.com/morning-ireland/housing-what-does-change-look-like Lorcan Sirr takes you through it. The figures stack up sorry to tell you.
Sultan_of_Ping wrote: » Concoction? I think I showed the working out quite clearly......and I'm being generous as I ve assumed 0% construction inflation, and 0% cost of funds. I don't doubt that there are parts of the country where you can build at those costs, but they are not near where the housing demand is. ......and that's even before we get to the wisdom of pushing an extra €6.5 billion worth of spending into (what was) a booming economy - not exactly counter-cyclical, is it?
Yurt! wrote: » I'm not spoonfeeding you. The costings and model of delivery are covered in the podcast. They are found to be credible by the country's number 1 economist on the subject. The figure you have above is your own concoction.
Sultan_of_Ping wrote: » Yes, and it didn't answer the question of how you build a home for €170k during what was then a surging economy
RandomViewer wrote: » 40 k from main county town, limited work in local industrial estate , used to be holiday home heaven but now the Nordies have f'all to spend either. Nice views and people which is a good point
all about the mane wrote: » Wow, that’s seems very cheap. That’s about half the national average? Edit: just checked. Average is 267k and average in Dublin in 433k!
Sultan_of_Ping wrote: » No comment on how to build a home for €170k.......
Yurt! wrote: » The SF housing plan isn't a forever home charter in the least. That's political guff you're peddling. People should be able to discuss serious policy on serious issues without having that kind of stuff introduced.
Sultan_of_Ping wrote: » Problem is SF have people convinced they can have their forever homes wherever they want. Plenty of affordable homes available, but people won't move to them.
RandomViewer wrote: » Sound a bit high, no view, 3 bed box,110 k going rate for house round here and they aren't selling
Yurt! wrote: » It's covered in the linked podcast. Half of the above unites are already budgeted for in the NDP.
Deliver 112,000 new social houses by 2027
Sultan_of_Ping wrote: » I suppose in way to work out the marginal cost per unit, is to look at what the marginal build would be. If the €6.5 billion is additional, what proportion of 100,000 units is also additional?
Yurt! wrote: » The podcast is out there, seriously not bothered. If you're interested go find it yourself. You know how this works.
Sultan_of_Ping wrote: » So exhaustively, you've yet to post a link?
Deleted User wrote: » give the link backing up your figures and I'll be happy to to accept a 180k build cost.
