PropQueries wrote: » But back to the big property news story of the day. Glenveagh has sold their apartments in the Marina Village to the same fund that bought the Herbert Hill development in Dundrum... which means it's most likely social housing is coming to the Marina Village in Greystones IMO
Timing belt wrote: » Yes this is correct there were 2509 reconnections that year as the bank disposed of 2260 properties. At the same time the banks took 3413 new properties into repossession so in 2017 there was a reduction in supply by 1200 properties due to this. In addition to the ESB reconnections there was 1364 Ghost houses etc were brought back to the market. (This was the last year such a large no were brought back and figures are down do 200/300 for a year now) Net impact on housing stock for 2017 was an increase of 217 properties and not the 5k (or 2.5k) you are claiming. This proves that you are over estimating supply when you pick and choose your stats.
Marius34 wrote: » Because 3-4 people lives in 5 rooms house (3 bedrooms+1living+1dining). This is very common setup in Ireland, but not in other countries. In other countries most common setup is 3 rooms apartment (2 bedrooms + 1 living room integrated with dining). And bedroom typically are much bigger.
PropQueries wrote: » Depends on whether the majority of those repossessions were occupied at the time? If not they don't cancel out the re-connections which makes the re-connections real additional supply?
Timing belt wrote: »
Idbatterim wrote: » LOL! Do you have a link? Reckon I should voluntarily increase my taxes to revenue, get them a bm or merc too, sorry, sure dont all the workers drive them. If they are already getting far better standard accomodation that workers are for free, why stop at that, throw in the rolls royce too ( an entry level one mind you)...
schmittel wrote: » I would think the most common set up is 2 adults + 2 kids. So that is 4 people to 5 rooms or 1.25 rooms per person. If it is 3 people in the 3 bed semi then it would be 1.67 rooms per person. The EU average is 1.6 per person. We are at 2.1 rooms per person. So by your own demonstration, it is not true to say "Many families with kids live in 3 bed houses, which means they live in under-occupied property." You're clutching at straws here.
schmittel wrote: » No doubt there is a reason for it. But it still suggests we don’t need to build 30k new properties a year.
At European level, around three in ten households (28.8 %) include children. At the top of the scale, children were present in more than one third of households in Ireland, Poland, Romania, Cyprus, Slovakia and Portugal. At the opposite end, in Sweden, Germany and Finland, the presence of children was observed in fewer than one in four households.
Households with one child are the most common among households with children. In 2019, in the EU-27, almost half of the households with children only included one child (47.4 %). Portugal, Bulgaria, Lithuania and Latvia showed the highest shares of households with only one child i.e. ranging between 55 % and 58 %. However, in Sweden, Ireland and the Netherlands, households with one child constituted 40 % or less of households with children. This means that households with 2 children or more were most frequent in those countries (see Figure 8). At European level, four in ten households with children (39.9 %) include two children. In five EU Member States (i.e. Luxembourg, Croatia, the Netherlands, Ireland and Sweden) as well as in North Macedonia and Montenegro, households with two children are the most frequent households with children. In those countries, there are more households with two children than with one child. In Ireland and Finland, more than one in five households with children (25.2 % and 20.3 % respectively) recorded 3 children or more. This is also the case in Turkey (25.9 %) and Montenegro (25.7 %). In Bulgaria (6.2 %), Portugal (6.7 %), Italy (8.1 %), Lithuania (9.0 %) and Spain (9.1 %), fewer than one in ten households with children had three children or more.
Just over three in ten people in Ireland (31.4%) lived in a rural area1, above the rate of 27.3% in the EU. The highest proportion of people in the EU living in rural areas was 54.9% in Lithuania. In all other EU countries less than 50% of the population live in rural areas, with the lowest proportion in Malta at 0.2%.
Marius34 wrote: » As you say yourself Ireland has more rooms per person.
Marius34 wrote: » Almost 3 out of every 4 homes are defined as under-occupied. Which means typical home in Ireland is under-occupied. What you expect, why most of the typical homes in Ireland are defined as under-occupied?
schmittel wrote: » Yes but clearly not because families with kids are living in 3 bed semis like you said. I suspect it is because a lot of couples without kids living in 3 bed semis. Whatever the reason is I'd like to see more govt level acknowledgement/discussion/analysis of this, so we have a better understanding of why this is so, and is there anything we can do differently. For example, what the long term average is in Ireland? 50% - 70% - 80%? That is valuable information. Also where is this concentrated. If it is all down to the fact that the kids of Leitrim got out of there as fast as possible, then yes, there is nothing to see here. But what is the actual data in high demand areas etc etc?
beauf wrote: » You're assuming that those properties that are under used are in good condition, or useful location, or not locked into the fair deal or some other legal tangle.
Timing belt wrote: » The data you are looking for can be found on the CSO data bank under E1002 - Private Households 2011 to 2016 The average number of people living in each property type in Dublin City is as follows: DUBLIN CITY 2011 2016 2011 2016 No of people per Unit No of people per Unit % of Housing Stock % of Housing Stock Detached house 2.90 2.97 5% 5% Semi- detached house 2.80 2.84 23% 23% Terraced house 2.54 2.60 36% 35% Flat or apartment in a converted house or commercial building 1.72 1.81 5% 6% Flat or apartment in a purpose- built block 1.99 2.11 26% 29% Bed-sit 1.28 1.38 2% 1% Caravan, mobile or other temporary structure 2.50 3.47 0% 0% Not stated 2.32 2.72 3% 2%
beauf wrote: » I was referring to the 30,000 not the 70%... I didn't say it was any one thing. I said there was a multiplicity of factors.
schmittel wrote: » What I really want to know is the EU report found that 70% were classified as living in underoccupied houses in 2019 - what was that figure in 2016, 2011, etc etc. Don't think the census tells us that.
schmittel wrote: » Like Marius, you're clutching at straws to find a way to explain this that fits with the housing shortage story. There may be a good reason but whatever it is, it's not what you're assuming.
beauf wrote: » This 30k.
Marius34 wrote: » I'm telling you a simple reason. Homes in Ireland has more rooms, typically 3 bed (5 in total), but smaller in size, what is not clear here?
Marius34 wrote: » It's due to the dwelling types. It would be different if it would be based on square meters. Irish bedrooms are very small, living rooms too. Many families with kids live in 3 bed houses, which means they live in under-occupied property.
Timing belt wrote: » Not a lot will have changed from 2016 to 2019
schmittel wrote: » Ah I see. I say "But it still suggests we don’t need to build 30k new properties a year" and you reply "You're assuming that those properties that are under used are in good condition, or useful location, or not locked into the fair deal or some other legal tangle." and you're talking about the new builds?! Well yes of course I am assuming new build properties will be in good condition, a useful location and most obviously of all not locked into the fair deal or some other legal tangle! You've barely laid a fingertip on that particular straw you're trying to clutch.
schmittel wrote: » What is not clear is how families with kids living in 3 bed semis explains why 70% of our population lives in underoccupied houses and our average number of rooms per person is 2.1.
