brisan wrote: » Maybe the Government will take out a 25 yr mortgage at 0.1% with the ECB and build their own . They have said they are committed to building both social and affordable housing and SF will hold them to that Last chance saloon for the big 2 People dont vote for lads whose families fought in the civil war any more
fliball123 wrote: » So what do we do with the homeless give them a tent and say good luck any government doing that would be lambasted.
MrMusician18 wrote: » Homelessness is not a housing issue and wasn't one until it was cleverly bundled by assorted NGOs into the affordability issue affecting wider society. Homelessness is largely a substance abuse problem, and it's already been around. Over affordability is resolved (and a deep recession is likely to "solve" it), it will be forgotten about - as it always was. I'm not saying this is right, but it's almost certainly what will happen: our society didn't suddenly become more caring in the last 10 years.
Deub wrote: » I don’t see a government thinking that handing a lot more tax money to REITs which don’t pay tax is a great idea.
fliball123 wrote: » I cant see them getting the amount needed to sort out the housing issues its easily in the 10s of bilions and .1% I think it would be a slight bit more. I think its a good idea but will they do it? The only issue I have with SF is their figures are plucked from no where they have never costed any of their plans and have also been found out up the north for rolling back on promises. So I dont think they will be any better. Over all more accountability needs to be shone on any party entering government and if they have a list of a top 10 policies they want to implement in the 5 years they have , they should have their pensions reduced by 10% for each policy they didnt get through. The only way to hurt a politician is in the pocket
brisan wrote: » https://www.irishtimes.com/business/economy/state-raises-750m-at-negative-rate-of-0-51-1.4306061#:~:text=The%20State's%20debt%20management%20agency,repaid%20less%20than%20they%20lend.&text=The%20bills%20offer%20investors%20an,take%20many%20years%20to%20mature. I never said SF will do any better,but if this Government dont do something drastic the under 40 vote will give SF a chance to show what they can do in the next election
fliball123 wrote: » OK well you go and tell Mary on the housing list that she has to take the house that is vacant down in the back a$$ of Leitrim and they cant get a house in Dublin. So the 100k or so people on the housing list all have substance abuse problems?
fliball123 wrote: » But that is what they are doing this scheme is free for anyone to use. Like I said I am not saying its right but its what is happening
brisan wrote: » Lets say the Government borrow a billion At 250K a house (land and finance given free to builder ) thats 4000 houses Sell those and rinse and repeat Borrow 5 BILLION that's 20,000 HOUSES Rinse and repeat The land is there ,the PP could easily be there ,the infrastructure can be put in place,the finance is available and cheap. Is the will to do it there Are they prepared to let builders make only a living instead of a killing .that's the question Are they prepared to upset the landlords and REITS by driving down rents and property prices ,who knows
Marius34 wrote: » It make sense in a way, but if its a house in desirable location, let say around Dublin, that would be well below market price, right? who would be eligible to buy those houses? I imagine there would be a massive demands from FTB.
neutral guy wrote: » One of examples of lie in media and signs of falling property priceshttps://www.independent.ie/business/personal-finance/property-mortgages/house-prices-rose-slightly-in-may-despite-lockdown-limiting-sales-39372057.html PAs spreading lies trough media trying get people hurry buy property telling them lies that property prices rising up making people nervous.How would you react of you read that kind of information about shortage of toilet paper on shelve in shop ?Same here.
Hubertj wrote: » It’s an article on statistics. Actual facts.
Cyrus wrote: » You think the article is false ? On what basis ?
Graham wrote: » Mod Note Neutral Guy, we expect a recent standard of posting here in A & P. Your recent posts are not it. Please up the standard of your posts if you wish to continue posting.
brisan wrote: » Very few on the housing list are actually homeless You do realize that don't you
OwlsZat wrote: » My two housemates are off back home as they'll both be fully working from home for the foreseeable one confirmed to be WFH until July 2021! I actually see this as good work planning as a vaccine is 2 to 3 years away when being realistic about it. I'll have to get new flat mates in or move myself. I've a couple of friends also with recently freed up spots so it's not a total disaster. The rental market is like a lead jacket on housing prices. The rental yields and seemingly endless airbnb earnings have all but disappeared. It will be interesting to see how long prices can be maintained on life support. When does the house of cards fall? Can banks indefinitely freeze morgage payments eradicating their own profits in order to prevent the inevitable drops? We are in such strange times. Personally I believe the rug needs to be pulled. I can't really see why the landlord class who have spent a decade extorting the youth should now be protected. Protected by who? The tax payer of course...
mcsean2163 wrote: » If global reits don't get rent because everyone is unemployed they will become insolvent. We've been looking and prices have already dropped. The tourism sector has been decimated, once the pup runs out, where will the non nationals go? Probably home if they can. Airbnb dead in Dublin, lots more rental stock there etc. Median age in Europe has increased by 5 years in the last 20 years from 37 to 42 Market will probably fall by 40%+. I would say if you get pre covid19 prices anytime in the next two years you're doing extremely well. The price of houses especially in Dublin is absolutely crazy. If you're insisting on pre covid19 prices in Dublin, I suggest you ring around to find someone you can trust. Then again, who knows, maybe people will decide covid19 is not worth the hassle and we'll have the v shaped recovery.
MattS1 wrote: » 40pc. Yeah not a hope of that. Maybe in Leitrim.
Graham wrote: » You don't think culling the market of hundreds or thousands of landlords might bring with it other issues?
brisan wrote: An oversupply of housing on the sales market ,leading to falling house prices .leading to people leaving the rental market and buying their one and only property. Thats one scenario There will still be REIT property at 2.5k a month to rent . Maybe the REIT will have to drop their prices
