RichardAnd wrote: I worry about this too. As the state's spending continues to grow, I feat they will sell off more and more state assets to keep the upside-down triangle balanced on its head.
Elessar wrote: » Don't forget councils and approved housing bodies, with (for all intents and purposes) unlimited funds are hoovering up houses and apartments like there is no tomorrow, out-bidding you and most other private buyers and further depleting private housing stock.
JimmyVik wrote: » The council have bought every house that was for sale in my are in the last 6 -8 months. Including my own. Nobody else has a chance. I closed on my house when i bought it and before i had even moved into it the ea was approached with a bid massively over what i had just paid for it. It was an offer i couldnt refuse, so i said yes. I have since found out the council were the ones who bought it.
houseyhouse wrote: » Is this in Dublin, if you don't mind me asking? Haven't heard of this happening in Galway, where I am. Wondering if it's happening everywhere or in some places only.
Cyrus wrote: » and if you need confirmation that money cant buy taste....https://www.myhome.ie/residential/brochure/casa-mia-no-36-abington-malahide-co-dublin/4494099
Cyrus wrote: » one for the lovers https://www.myhome.ie/residential/brochure/penthouse-apartment-merrion-village-ballsbridge-dublin-4-d04-vy73/4494137
AdamD wrote: » Its like an entire house based around 'afternoon tea'
Graham wrote: » lovers of..........
Balluba wrote: » At least the colour scheme is not the usual deadpan grey shade
Villa05 wrote: » Limerick city/county council has more empty houses than homeless people Crazy stat
Quite the opposite, in fact, with the pandemic crisis seeing interest rates slashed last year to yet more all-time lows. The all-powerful US Federal Reserve sets the tone for other central banks and is telling financial markets that ultra-low interest rates could be with us for years. Along with first-time buyer incentives and building grants, low borrowing costs look like ensuring that property prices will keep rising despite the coronavirus recession
In the meantime, other ingenious ways could emerge to keep the property juggernaut trucking along, perhaps again following the Japanese example and extending the term of repayments beyond the natural span of a lifetime to 100 years “It’s like frogs in boiling water,” says Klassen. “Once mortgages were for 20 years, then 25, now 30. Soon it will be 50. Many people will never pay it back, so owning a home will become like renting – just that it’s renting from the bank.”
awec wrote: » It's not that crazy if you read the article.
Villa05 wrote: » 140 are ready to move into and 77 need minor refurbishments thats over 2/3 of the total
awec wrote: » It's properly tacky. It's a bit grubby too IMO, needs a good spruce up. The penthouse apartment is definitely some swingers sex palace type thing.
awec wrote: It also states how the numbers are misleading and it's not a case that you could just house the homeless with these properties.
Villa05 wrote: » Fact 1. 140 are ready to move into Fact 2. 77 need minor refurbishment, social housing provision was exempt from lockdown measures Total 217 It is the homeless figures that they state are misleading Irrespective of whether you can house the homeless in them or not. How can you have a situation of holding 217 empty homes and be renting from the private market at great cost
Villa05 wrote: » Fact 1. 140 are ready to move into Fact 2. 77 need minor refurbishment, social housing provision was exempt from lockdown measures Total 217It is the homeless figures that they state are misleading Irrespective of whether you can house the homeless in them or not. How can you have a situation of holding 217 empty homes and be renting from the private market at great cost
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