silver2020 wrote: » I think one tabloid (or the indo which is tabloid in all but style) had some sensationalist report about unrented apartments. It was debunked within days.
PropQueries wrote: » It wasn’t a tabloid. It was the Sunday Business Post in February 2020 (pre-Covid): “The luxury gap: hundreds of high-end apartments lying empty across Dublin” Link to Sunday Business Post article here: https://www.businesspost.ie/ireland/the-luxury-gap-hundreds-of-high-end-apartments-lying-empty-across-dublin-ac7da06c
random_banter wrote: » This is good to know. We had a look around the development but they hiked the original prices from 530-560k between when we first enquired and when the first phase was released so we’re less inclined now. I’ve seen these being much more heavily promoted recently so wondering if they’re finding it hard to shift them? We’re looking in South Dublin and the supply seems to have gotten lower and lower while each house we’ve seen goes quickly and with a bidding war. It’s getting quite tiring but we’re thinking we’ll wait till the dust of this global shi*testorm settles at this point. And thanks to those who answered my query about the PPR.
Ozark707 wrote: » And remember that was written just before Covid struck here. We all know what happened in the STL market since then. With rents for 1/2 beds down almost 20% since then it will make those vacant places even more unattractive rent wise. Who on earth is going to pay those sorts of rates now?
PropQueries wrote: » Don’t worry, FG (social welfare cheats cheat us all) have plans to bail them all out: “Council interested in acquiring planned 15-storey building if price is right” I wonder if by ‘price is right’, they mean the same or better deal the local council in Dundrum got for the Herbert Hill apartments: “The Herbert Hill apartments are now set to be used as social housing with the council reportedly paying monthly rents of some €2,000 for one-bed apartments, €2,500 for two-bed units and €3,000 for three-bed units.” Link to Irish Times article today here: https://www.irishtimes.com/news/social-affairs/dublin-city-council-seeks-to-use-docklands-tower-block-for-social-housing-1.4393441?mode=amp
Hubertj wrote: » What about direct provision? You were keen to link direct provision with government policy to keep property prices high.
PropQueries wrote: » Well, if you don’t believe the new government proposal to replace direct provision with HAP for apartments and houses
Graham wrote: » Weren't you corrected on that last time?
PropQueries wrote: » Did I not mention it was a proposal?
Graham wrote: » from who?
Graham wrote: » So not a government proposal. Not a government policy. Recommendations by an expert group submitted to the government for consideration.Mod Hat On Stop deliberately misrepresenting facts.
PropQueries wrote: » Well, if you believe the new government proposal to replace direct provision with HAP for apartments and houses in our cities is not going to result in the state competing with private renters in areas of high demand you’re entitled to that opinion.
Hubertj wrote: » I was merely asking a question. The stupidity, and offensiveness of some of your posts, would be amusing if you weren’t actually trying to be serious.
dor843088 wrote: » Droves of apartments lying empty, government buying up the new builds and leasing copious amounts for social housing. When or where will this house of cards end? I think the only difference between now and 2007 is the government has taken the place of the reckless investor . The same people will pay for it though.
Pelezico wrote: » This thread has been addressing this subject for almost a year now. You can start on page one and by the time you get to the end, I doubt it very much if you are any wiser.
PropQueries wrote: » I take it you’re someone who may be intending to take advantage if the “recommendations” of this report are implemented? I’m sure you would agree that any junior certificate level cost/benefit analysis of the recommendations would dismiss their conclusions immediately?
Hubertj wrote: » I don’t know what you mean. I would assume a report relating to human rights, asylum, administration, other jurisdictions involves a lot more than a cost benefit analysis. I would think junior cert students would know that.
Planning permissions for apartments have exceeded those for houses for the first time in the country's history, according to the first report from the Office of Planning Regulator (OPR). There were 40,252 residential units granted permission last year throughout the country with apartments making up 51% of the total.
fliball123 wrote: » Here is a link to the different schemes and how you can see which one suits the particular landlord besthttps://www.housingagency.ie/housing-information/information-property-owners-and-landlords
KennisWhale wrote: » https://www.rte.ie/news/2020/1030/1174874-planning-permission/ A sign of a strong pipeline for the housing market and perhaps the beginning of a significant shift away from hotels and commercial property towards residential property by investors.
Idbatterim wrote: » And where can i go go tell me exactly what will happen? Someome with a crystal ball ?
cnocbui wrote: » That article is pay walled. I am fed up hearing about all these supposedly vacant houses. I want to see advocates of their existense and suitability to go find 20 of them, post pics and specs and then make their case. Not just look at some numbers on a screen and invent fairy stories of lovely turn-key properties, good to go, hoarded by misers and property price manipulators.. If, as I suspect, they require significant capital injections to make them habitable, then they aren't exactly what people are making them out to be.
