Hubertj wrote: » I’m struggling to understand the nonsense from the last few pages as I don’t see all posts. What is wrong with limiting the number of properties that can be built in an area to x? If estimates are at 30k or 40k nationally and spread in different regions why is it so outrageous that only a certain number should be built in DLR? Are people doubting the numbers? Or is it because if more people don’t want to live there that means there is no shortage of housing? Are people suggesting there aren’t infrastructure challenges with many parts of DLR? If so, they are misinformed, not telling the truth or not very bright.
schmittel wrote: » Nothing wrong at all with limiting number of properties that can be built in an area. Eminently sensible I would have thought. Was there some specific nonsense I posted you are struggling to understand?
Hubertj wrote: » No I wasn’t referring to anything you posted at all. I was Struggling to comprehend what the “debate” was about in general. I was asking you, not directing the comment at you.
PropQueries wrote: » So, what’s the consensus here? Is the Department of Housing telling DLR county council that they can’t build more than c. 2,500 new homes a year on their c. 126sq.km. area right next to Dublin City centre because of a lack of infrastructure or is the Department of Housing telling DLR county council that they can’t build more than c. 2,500 new homes per year because there’s no demand for more than c. 2,500 new homes per year in all of DLR?
The_Conductor wrote: » Its a 38 minute drive on the R118 from Dunlaoghaire to the city centre (13km) this evening. Thats without traffic. Check AA roadwatch. It may be 124sq. km (excluding the harbour) however, the fact of the matter is- much of the transport infrastructure is soaked already (I don't know if you've spent any time on the M50 in the general area in the morning or evening- certain junctions are just an appalling mess- Carrickmines is notorious, but its by no means the only one. Add into this mess a lot Green Party TD who is a cycling enthusiast- and the writing is clearly and unambiguously on the wall. Yes- it may have DART and Luas infrastructure- however, the DART hasn't been properly upgraded in over 20 years- and the Luas is capacity constrained. DLRCoCo are supposed to take the following into account when deciding their development plans:Asset Test - Are there enough communityresources, such as schools etc. with spare capacity? Carrying Capacity Test - Is the environmental setting capable of absorbing development in terms of drainage and other critical infrastructure etc? Transport Test - Is there potential for reinforcing usage of public transport, walking and cycling? Economic Development Test - Is there potential to ensure integration between the location of housing and employment? Character Test - Will the proposal reinforce a sense of place and character? Community Test - Will the proposal reinforce the integrity and vitality of the local community and services that can be provided? Integration Test - Will the proposal aid an integrated approach to catering for the housing needs of all sections of society? These are taken directly from the National Spatial Strategy Plan. They appear to have wholly ignored these requirements- for no good reason whatsoever.
Villa05 wrote: » This mornings On the record from newstalk well worth a listen back for those interested in the rental market in Dublin It relates to a piece by the Sunday business post on why its beneficial for reits to leave apartments empty rather than letting them out and how they also manipulate true market rents through various incentives Its interesting that there allowed do this as long term leases of social housing are linked to market rents. It would be shame if tax incentives were given to these reits and in return they would cheating that same tax payer through higher rents by manipulating market rents Not news to most on here but positive to see mainstream media picking up on it. There also a piece on approved housing bodies and concerns regarding there regulation And they also delve into topic of the last few pages in relation to DLR
I see sheep wrote: » Not sure this in the right place but why are there so few houses/apartments for rent in Ireland? Considering moving back from UK next year but it looks to me like there's about 1/4 the number of places available compared to around where I live now. Has it always been like this? It's been nearly 15 years since I rented in Ireland. I'm not looking in Dublin. Thanks
hmmm wrote: » Small landlords were driven out of the market in recent years by rent caps & it being made very difficult to evict tenants. Not entirely a bad thing I think to remove amateur landlords, some were good but most were pretty bad at it.
Troika-style budget controls have been slapped on the biggest government departments such as health, education and social protection as part of a need to cut an estimated €12bn from State spending. Workers are to begin transitioning back from the €350 pandemic unemployment payment (PUP) to the normal jobseeker’s rate of €203 a week from June, as Public Expenditure Minister Michael McGrath looks to wean the country off emergency Covid-19 spending.
MacronvFrugals wrote: » Will the outrageous lease deals keep on coming?Government departments face return of Troika-style spending controls https://www.irishexaminer.com/news/politics/arid-40274552.html
Hubertj wrote: » This is to be welcomed as long as it is enforced and departments are held accountable. Public sector spending across the board, not just on housing, is off the charts. There are billions to save by delivering efficiencies, not cutting services. Unfortunately our overpaid and under worked public servants do not possess the competence or motivation to deliver. Perhaps this can only be achieved if the actual Troike rolls back into town so the government, whoever they are, has the work done for them.
JimmyVik wrote: » 9% stamp duty on house purchases coming down the line And the excuse will be, to cool the property market.
cnocbui wrote: » That would be like the wealth taxes in France - reducing the total tax collected. Can you imagine the fall in income for solicitors, REAs, engineers and those BER parasites? Not to mention the detrimental effect on labour mobility.
timmyntc wrote: » Source? If it did go ahead, would it not significantly stop people from trading up & down? Losing an eyewatering 9% of price to tax would definitely make you rethink about downsizing. A lot less mobility & sales overall
fliball123 wrote: So you reckon that the "we cant afford houses" from the younger generation will be ignored and another 10% will come into play? Cant see it happening
PropQueries wrote: » I suppose it depends on where you believe the Government can make up the potential permanent c. €12 billion annual shortfall in revenues going forward. If they tax the working poor any more, there's no real savings as c. 90,000 of these households will already be in receipt e.g. HAP or RAS this year according to the Minister for Housing i.e. many of them literally have nothing left to give and any further reductions in their net pay will need to be subsidized by the Government, basically because of the mess they made with the property market over the past 5 years. It does appear that property is the only thing really left to tax and tax heavily IMO.
timmyntc wrote: » State should be cutting spending rather than attempting to draw more blood from a stone.
PropQueries wrote: » We may be inviting the actual Troika back in sooner than many people realise. According to the Fiscal Advisory Council: "The Irish Fiscal Advisory Council has accused the Government of failing to manage the public finances in a prudent manner. In its latest report,the council warns that Budget 2021 includes “substantial and permanent increases” in spending unrelated to the Covid-19 pandemic amounting to €5.4 billion without long-term funding." Throw in John FitzGerald's potential estimate of a loss of c. €6 billion per annum due to Biden's tax reforms and we're talking of making permanent cutbacks of c. €12 billion per annum to whatever the Government was spending per annum pre-covid.While it's not reported in the Irish media, some funds are already looking at shorting the debt of the EU's periphery countries. There was a good article on it last week on Bloomberg titled "Europe’s Most Indebted Countries Aren’t Ready for Market Reality". While Michael McGrath is looking at "weaning" PUP payments off PUP recipients, the ECB and EU are already looking at weaning countries like Ireland off their supports. Let's see if Michael McGrath is in favour of such "weaning off", once the shoe is on the other foot I'm sure the Minister for Housing must also be included when they're looking at such a level of potential cutbacks to annual budgets going forward. I would be thinking most of his housing plans are not practicable or affordable either now or going forward IMO Link to article on Bloomberg here: https://www.bloomberg.com/news/articles/2021-04-24/europe-s-most-indebted-countries-aren-t-ready-for-market-reality
