bingo9999 wrote: » just relabelling things already done and planned as a new plan
bingo9999 wrote: » Thats what Im worried about
ofcork wrote: » Loftus have a sign up on the square deal site alot of demolition going on behind.
whisky_galore wrote: » City turning into one big student flophouse. Were students homeless before?
Shedite27 wrote: » Students were taking up houses, which caused a housing crisis for non-students. This frees up houses for families
bingo9999 wrote: » Looking forward to that, hopefully will be some decent changes and not just relabelling things already done and planned as a new plan
- Fitting of 4 kilometres of safety bollards on strategic parts of the most popular cycle lanes in the city including Alfred Street, South Main Street, Washington Street, Mahon Link, Western Road, Rossa Avenue and in Ballincollig; - 4.1 kilometres of new cycle lanes at Centre Park Road and Monahan Road, Terence MacSwiney Quay, Horgans Quay and Victoria Road and South Mall;
Justin Credible Darts wrote: » Really, so the kids that were renting digs will be replaced by a family of non student looking for digs ? I think not
namloc1980 wrote: » No it doesn't. There is zero evidence that houses are being freed up
beer enigma wrote: » Second Webinar on the Cork City development plan 29th Julyhttps://www.eventbrite.com/e/cork-city-development-plan-2022-2028-public-engagement-webinar-2-tickets-114412528954
bingo9999 wrote: » I do agree though that the ratio of planned student to general apartments is awful, cant understand it is it regulations that make normal apartments prohibitive to build and recover in market rents? If thats the case there should be a student-accom-for-adults scheme brought in. Theres plenty of young professionals in my office house sharing in the burbs who Im sure would rather a small private space of their own in the city centre. At least I would have at that stage
Shedite27 wrote: » The house my brother spent last year in was sold last month and he's been told the new tenants are converting it to a family home. So yes, it does happen and there's your evidencehttps://www.daft.ie/cork/houses-for-sale/cork-city/springside-highfield-avenue-cork-city-cork-2404503/
roreos wrote: » The potential return on student accommodation is much higher than your traditional rental scheme or build to sell. Amnis house on Western road is charging €238 a week for a room, assuming on average 4 rooms to an apartment, noting you can have 6/8 rooms per apartment, that's about €36k per apartment over a 38 week period with the potential for summer letting on top of that. You would need to let an apartment at c.€3k pm to match that and demand at that level in cork doesn't appear to be there at the scale required to justify opting for apartments over student accommodation from a private developers viewpoint. Big caveat however in whether the student accommodation model as was has a place in a covid world. The student accommodation for adults model goes by the name co-living and hasn't exactly been met with great fanfare for a number of reasons
whisky_galore wrote: » At those prices, what kind of students can afford that?? It's clear to see that the house shares won't be going away.
roreos wrote: » Open to correction but I believe Amnis House sold out or was close to it last year when it became available and that was with the student Union declining to promote it. Not saying all other venues would as well and it probably is the best location of the lot, but there was a market for it. It remains to be seen if that market exists anymore
Justin Credible Darts wrote: » Wow...one house you base your argument on. I know over a dozen houses in college road cork, where students stayed, with the owner, and they were still looking for lodgers. When no lodgers are forthcoming, them owners are not just going to sell up. I dont think a family would move in to digs, it simply is not going to happen.
Justin Credible Darts wrote: » I dont think a family would move in to digs, it simply is not going to happen.
Shedite27 wrote: » Digs is a type of accomodation (last popular in the 90's FWIW), nobody's saying a family is going to move into "digs". What we're saying is that the college students get purpose built student accomodations, families get purpose built houses.
Justin Credible Darts wrote: » Families on the waiting list, couples looking for starter homes etc are not getting the same treatment as the students, and outnumber the students, yet its the students getting the preferential treatment.
Justin Credible Darts wrote: » Yes the students are getting numerous developments all over the city. where are purpose built homes families? Families on the waiting list, couples looking for starter homes etc are not getting the same treatment as the students, and outnumber the students, yet its the students getting the preferential treatment.