Timing belt wrote: » We were talking about mid to high rise apartments so they will more than likely be city centre based so empty fields don't enter the equation... and I am sure that you will have the same issues in Dublin as London with regards to historical finds. Do you really think the UK building regs are more strict than Ireland? Maybe in the past but I don't think that will be the case anymore. And if your logic is correct then the cost of an apartment block in London will be the same as Bristol or any regional city once you exclude the land.
Timing belt wrote: » The first thing I would do is to find out the real history of the property to make sure that there was no dispute behind it that would result in local tradesmen not wanting to work on it. From the photo's its hard to tell but it does look as if it is only internal work and that it is sealed from the weather.
Hubertj wrote: » Thanks, I never thought about possible local disputes related to the property. Only day dreaming at this stage anyway. Not like Kerry is 5 poxy km from my gaff
Timing belt wrote: » Lovely part of the world but a long commute from there to Dublin (5 hours) or Cork (2 hours). The other thing that would be priority is if the house has a landline, water, electricity etc... as it may problematic depending on how far away the network is. The thing with big houses in the country side like that is that a lot of times a newly married couple start building and then they split up and no-one in the community wants to take sides so trademen stay away and won't undertake work... You don't want to be the Yank coming in to buy at public auction like in the Field....https://www.daft.ie/for-sale/detached-house-nedanone-castlecove-co-kerry/1477106 For sale on daft @ 200k (40k cheaper)
Hubertj wrote: » Lovely part of the world, last 2 summer holidays in that area. Am thinking holiday home and not full time resident. I’m not 1 of the millions of people that have left or will leave Dublin due to COVID. Never considered looking at daft. Interesting the price differential. Nice 1.
Hubertj wrote: » https://www.myhome.ie/residential/brochure/nedanone-castlecove-kerry/4401120 How would you go about getting this evaluated? First step to get a building contractor and or engineer to evaluate work done to date then estimate costs to finish it? I presume contractors could be reluctant to take on a half finished job due to uncertainty about quality of work carried out by someone else?
Hibernia hopes the site will be rezoned for residential development in the next South Dublin County Development Plan, for the period 2022-2028, which is currently under review. The spokesperson added: “Unlike many other proposed sites for development, it is already fully serviced for water, power and data, thus reducing the timeline for delivery.”
Timing belt wrote: » https://www.echo.ie/news/article/newlands-farm-over-3-500-residential-units-planned-for-hibernia-site
stampydmonkey wrote: » "60 per cent saw the development of more homes and apartments to rent, rather than buy, as being a priority." 60% of who....developers?
Timing belt wrote: It might have something to do with complying with fire regulations and not just throwing up any type of building like they did previously. It would be interesting to see how Dublin compares with London in costs of building mid to high rise apartments.
Timing belt wrote: » Interesting to see that Hibernia Reit are looking to get land in Newlands cross rezoned from agricultural land so they can build 3,500 houses.https://www.echo.ie/news/article/newlands-farm-over-3-500-residential-units-planned-for-hibernia-site Its hard to believe that this land is sitting there and already has full services and yet the government can't build affordable houses The IRFU are in for a nice bonus if the do manage to get it rezonedhttps://www.irishtimes.com/business/commercial-property/hibernia-acquires-92-acres-at-newlands-cross-from-irfu-1.3694888
Timing belt wrote: You have a bee in your bonnet about Reits and Tax.... The reason they are not taxed is to stop investors from being taxed twice on the investment. Would you be happier if the Reit's paid the tax and the investors didn't pay tax.
Villa05 wrote: » I'm sure houses have to comply with fire regulations also. Is there a precedent anywhere else in the world where apartments cost more to build than houses? I can't see any other reason than this being a con job by the industry on the state, all state assisted of course through government policy.
schmittel wrote: » 15 years ago we thought 10 times average wage was the sign of a boom, now we seem have normalised it!
schmittel wrote: » There are those on here claiming property is currently affordable which is bonkers. That is who I am referring to. Yes there some 15 years ago saying property at over 10 times the national wage was perfectly normal, and that people should stop cribbing and moaning from the sidelines. Look how well that turned out.
PropQueries wrote: » The only reason they’re currently getting the rents they are is because of long-term lease agreements with the council or HAP. Once the state pulls in the purse strings, rents collapse. The lease agreements the current funds have signed up for are most likely watertight but any developer who doesn’t sign up within the next 6 months will be extremely disappointed IMO
PropQueries wrote: » Market rents will collapse. The long-term lease agreements already entered into will be paid by the taxpayer through higher taxes and less local services for many years e.g. citizens shouldn’t be expecting that ambulance to arrive on time etc. But, after c. 6 months, Paschal will pull in the purse strings and there will (should) be no more such ridiculous agreements signed. Once the state exits the market, landlords will be left fighting over the very few tenants actually seeking rental accommodation IMO
fliball123 wrote: Average wage full time salary = 49000
PropQueries wrote: » Apparently c. 700,000 people have left London since the pandemic started. Any ideas on how many have left Dublin as the Irish media seem to be very quite on that front here? It's actually a very big question given all the analysis on WFH, future of the city etc. IMO Link to article in Irish Times on 700,000 leaving London here: https://www.irishtimes.com/news/world/uk/covid-19-london-s-population-fell-by-700-000-amid-exodus-of-foreign-born-residents-from-uk-1.4458762
fliball123 wrote: » So all property for all people is unavoidable?? can you quantify/prove this ??
Villa05 wrote: » Do you know if the figure includes bonus and overtime payments?
Hubertj wrote: » All part of the conspiracy.https://propertydata.co.uk/construction-costs
jill_valentine wrote: » This question is in such expressly bad faith I would consider it deliberate aggravation for sport in the realm of "Not touching, can't get mad". It takes an almighty strain to pretend not to understand a common sense understanding of a word as everyday as "affordable", or that you think the reverse of it is that it's impossible for anyone to get property ever.
JimmyVik wrote: » Any chance there can be a branch of this thread but without the constant dominance by PropQueries. Its just taking from the whole thread and has been for a long time now.
fliball123 wrote: » average Irish house pricehttps://www.newstalk.com/news/average-house-price-in-ireland-increased-by-almost-e20000-this-year-1124268#:~:text=Average%20house%20price%20in%20Ireland%20increased%20by%20almost%20%E2%82%AC20%2C000%20this%20year,-Marita%20Moloney&text=The%20average%20listed%20price%20of,price%20nationwide%20was%20%E2%82%AC269%2C522. average house price = 269,522Average wagehttps://www.irishtimes.com/business/economy/average-full-time-salary-in-republic-nearly-49-000-1.4289348#:~:text=The%20latest%20figures%20show%20average,increase%20of%203.7%20per%20cent). Average wage full time salary = 49000 Even at the median salary 36k (with part time workers included ) how is this 10 times the average wage?? 10 x 36 = 360k ? 10 x 49 = 490k? Average house price just under 270k? Can we stop with the hyperbole ?
schmittel wrote: » What do you mean by all property for all people?
Mic 1972 wrote: » I'm following this one https://www.boards.ie/vbulletin/showthread.php?t=2058047890&page=362 it's more for people who are actually buying a house and have real examples of what's going on out there
donnaille wrote: » Yes, is there a way to block posters whose opinion I do not agree with? - I cannot find this option.
