46 houses in Mungret sold for €11m

Jane98 · 08-01-2021 06:51PM #1

https://www.limerickleader.ie/news/home/600130/forty-six-limerick-homes-sell-for-11m.html

A whole estate of 46 houses being allocated straight to people on the Limerick City and Council waiting list. Any thoughts?

Kimbot · 08-01-2021 06:52PM

Jane98 wrote: »

https://www.limerickleader.ie/news/home/600130/forty-six-limerick-homes-sell-for-11m.html

A whole estate of 46 houses being allocated straight to people on the Limerick City and Council waiting list. Any thoughts?

46 Mill?

osarusan · 08-01-2021 06:54PM

Says 11 million there in the headline.

Jimbob1977 · 08-01-2021 07:01PM

An entire estate of social housing?

Could be a Regeneration area by 2035.

The model doesn't work.

Tiobkuhi · 08-01-2021 07:24PM

Can’t place the estate. Where about a is it?

Jane98 · 08-01-2021 07:34PM

Tiobkuhi wrote: »

Can’t place the estate. Where about a is it?

Mungret Gate I believe, the houses nearer the roundabout.

c.p.w.g.w · 08-01-2021 07:37PM

Jane98 wrote: »

Mungret Gate I believe, the houses nearer the roundabout.

I know a few people who pulled out of buying there a few months back, as it was going to be 25-50% social housing at that time

Car99 · 08-01-2021 07:45PM

https://propertypriceregisterireland.com/details/1_to_27_53_to_71_baunacloka_heights_mungret_gate_baunacloka_co_limerick_ireland-472438/

That says 12.66 million there. I wonder who will buy houses 28 to 52 and how much they will pay.

PearseCork92 · 08-01-2021 07:59PM

Jimbob1977 wrote: »

An entire estate of social housing?

Could be a Regeneration area by 2035.

The model doesn't work.

Housing co-operatives such as this one usually provide a mixture of tenures, from shared equity in the property to straight-up affordable rental. Similar to Scandinavia(a relative of mine lived in a similar set-up there before purchasing his home), there will be a resident board managing the estate with the co-op.

I don't think it's right conflating this model with social housing, and even though probably most of the people availing of this will be from the housing list.

There's an awful amount of snobbery attached to non-market solutions to the housing crunch. People deserve a shot at a stable life out of the jaws of the private rental sector. It's time to give schemes like this a chance and to leave prejudices at the door.

mart 23 · 08-01-2021 08:19PM

I imagine that a lot of the tenants for these houses will come from the Mungret and Raheen area.

JustJoe7240 · 08-01-2021 08:23PM

Jane98 wrote: »

https://www.limerickleader.ie/news/home/600130/forty-six-limerick-homes-sell-for-11m.html

A whole estate of 46 houses being allocated straight to people on the Limerick City and Council waiting list. Any thoughts?

Have you any thoughts OP?

Jane98 · 08-01-2021 08:33PM

JustJoe7240 wrote: »

Have you any thoughts OP?

I live in the local area and would have some concern that it might bring some antisocial behavior to the area but hope not.
I would like to know how the cooperative pick the families seeing as it says that they assess and interview the families.

PearseCork92 · 08-01-2021 08:44PM

Jane98 wrote: »

I live in the local area and would have some concern that it might bring some antisocial behavior to the area but hope not.
I would like to know how the cooperative pick the families seeing as it says that they assess and interview the families.

Well, it's essentially a private purchase by the housing cooperative just like any other so you'll get no say in the matter. I don't get to vet my neighbours either. If Osama Bin Laden purchased the house opposite mine, that's the way things are.

As I said in the above post, there's an unfounded snobbery attached to affordable housing schemes. There's a valley of the peeping windows element to attitudes sometimes.

If there's one thing about Irish people I explain to foreigners; it's that they're never finished giving out about their neighbours and they all secretly wish they lived on a mansion on a ranch like JR Ewing from Dallas in the middle of nowhere, but with all the conveniences and services of a city.

Jane98 · 08-01-2021 08:58PM

PearseCork92 wrote: »

Well, it's essentially a private purchase by the housing cooperative just like any other so you'll get no say in the matter. I don't get to vet my neighbours either. If Osama Bin Laden purchased the house opposite mine, that's the way things are.

As I said in the above post, there's an unfounded snobbery attached to affordable housing schemes. There's a valley of the peeping windows element to attitudes sometimes.

If there's one thing about Irish people I explain to foreigners; it's that they're never finished giving out about their neighbours and they all secretly wish they lived on a mansion on a ranch like JR Ewing from Dallas in the middle of nowhere, but with all the conveniences and services of a city.

Believe me when I say that I'm far from a snob. When I read this story I cant help but be reminded of the mistakes that Dublin City Council made in the 80s by moving large tranches of people off the housing lists into brand new housing estates in the suburbs such as Ballymun and Clondalkin.

PearseCork92 · 08-01-2021 09:20PM

Jane98 wrote: »

Believe me when I say that I'm far from a snob. When I read this story I cant help but be reminded of the mistakes that Dublin City Council made in the 80s by moving large tranches of people off the housing lists into brand new housing estates in the suburbs such as Ballymun and Clondalkin.

This isn't a council development, nor is it managed by the council. It's a private purchase of 46 units by a housing co-operative and will end-up a mixed-tenure area in a mature suburban part of Limerick.

In no way comparable to Ballymun in any reasonable sense.

Marty1983 · 09-01-2021 12:19AM

Very large development dominated with social housing. If this is correctly managed and the houses allocated to the right applicants this could be successful.

Does anyone know what type of houses? Just standard 3 bed semi's or a mix?

mgbgt1978 · 09-01-2021 12:34AM

"David Ryan, CHI area housing services manager west / south, said they are all three bedroom abodes with a mix of semi-detached and terraced."

If you open the link on the 1st post you can see what info is available

yop · 09-01-2021 07:45PM

Marty1983 wrote: »

Very large development dominated with social housing. If this is correctly managed and the houses allocated to the right applicants this could be successful.

Does anyone know what type of houses? Just standard 3 bed semi's or a mix?

Are they affordable houses or house for HAP I wonder?
If it's the former then there's one in Westport where they built 50 houses maybe 15 years ago. Good few of my friends bought them and it was a big success.

boetstark · 09-01-2021 07:48PM

c.p.w.g.w wrote: »

I know a few people who pulled out of buying there a few months back, as it was going to be 25-50% social housing at that time

Correct. Baunacloka heights it's called. 46 units in addition to the normal 20% to council. We live nearby and 200 high density social and affordable behind us.
It was a lovely area. A ghetto in a few years. Local government ****s things up again

boetstark · 09-01-2021 07:50PM

PearseCork92 wrote: »

This isn't a council development, nor is it managed by the council. It's a private purchase of 46 units by a housing co-operative and will end-up a mixed-tenure area in a mature suburban part of Limerick.

In no way comparable to Ballymun in any reasonable sense.

Co op housing. Have a read about the one in Shannon and tell me it will be grand

Jane98 · 09-01-2021 08:07PM

yop wrote: »

Are they affordable houses or house for HAP I wonder?
If it's the former then there's one in Westport where they built 50 houses maybe 15 years ago. Good few of my friends bought them and it was a big success.

I think they are only rented tp the tenants. I have no idea if they might be given the chance to buy/own them at some stage.

boetstark · 09-01-2021 08:55PM

PearseCork92 wrote: »

Well, it's essentially a private purchase by the housing cooperative just like any other so you'll get no say in the matter. I don't get to vet my neighbours either. If Osama Bin Laden purchased the house opposite mine, that's the way things are.

As I said in the above post, there's an unfounded snobbery attached to affordable housing schemes. There's a valley of the peeping windows element to attitudes sometimes.

If there's one thing about Irish people I explain to foreigners; it's that they're never finished giving out about their neighbours and they all secretly wish they lived on a mansion on a ranch like JR Ewing from Dallas in the middle of nowhere, but with all the conveniences and services of a city.

Aw go away will you snobbery my hole. You and you lefty let's all live together rubbish.
We moved here in 2001 and until I could find work in my profession nothing affordable or social was offered to us.
These housing schemes for years have shown they invariably turn into ****holes.
Limerick Council have just written 60k off our house value. A house paid for by hardwork not handed to affordable or whatever poncey name you want to put on it.
I find the people that advocate let's all live happily together are ones that don't have to practise what they preach

Red Silurian · 10-01-2021 06:47PM

Let's not get ahead of ourselves, do we even know where this is happening exactly?

Car99 · 10-01-2021 06:58PM

colmtheperson wrote: »

Let's not get ahead of ourselves, do we even know where this is happening exactly?

Here https://propertypriceregisterireland.com/details/1_to_27_53_to_71_baunacloka_heights_mungret_gate_baunacloka_co_limerick_ireland-472438/

jimmycrackcorm · 10-01-2021 07:27PM

Jimbob1977 wrote:

An entire estate of social housing?

Could be a Regeneration area by 2035.

The model doesn't work.

It could work if the councils were allowed to kick out anti social tenants.
If your kids living in your sister house cause havoc, then you lose your right to live in a state funded house and you have just chosen to become homeless and forfeit your right to state funded housing.

That would cure our social housing problems overnight.

There's one important reason of several reasons that private buyers choose where they buy. It's that they want to live in a place that they know their neighbours are also invested in the same desire to live in a safe place for their family.

Not saying that that's the way it works out, but by and large it works out like that.

What doesn't work is creating potential ghettos that are also potential fine council housing estates, but then allowing them to fester into anti social cesspits because the homeless industry makes such a noise that people can't kicked out.

Of course there will be the argument that it can happen in private estates also. But the only example of that I can think of is from the film, "The General"

FutureGuy · 10-01-2021 09:17PM

A lot of tunes would be changed if people here had actually bought in this estate. What a shambles.

Marty1983 · 10-01-2021 09:24PM

Jane98 wrote: »

I think they are only rented tp the tenants. I have no idea if they might be given the chance to buy/own them at some stage.

The way housing bodies normally work is they link in with the Council for nominations to the properties. So if they had say 50 houses, they would ask the council for the top 100 people on the housing list and interview them deciding after which 50 get the houses.
My experience with a housing body in another county is that tenant purchase is not an option.

Red Silurian · 11-01-2021 12:15AM

Car99 wrote: »

Here https://propertypriceregisterireland.com/details/1_to_27_53_to_71_baunacloka_heights_mungret_gate_baunacloka_co_limerick_ireland-472438/

235,000 per house on average? That's insane

adaminho · 11-01-2021 12:41AM

colmtheperson wrote: »

235,000 per house on average? That's insane

Have you priced a new build around Limerick?

Red Silurian · 11-01-2021 12:39PM

adaminho wrote: »

Have you priced a new build around Limerick?

Should have been more clear - I meant insanely low (for the price of a new build in Limerick)

Granadino · 11-01-2021 12:54PM

Wait until they hear about Irish Cement...

46 houses in Mungret sold for €11m

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