FF/FG/Green Government - Part 3

costacorta wrote: »

Is it Brian Stanley ?? I haven’t heard of him since his drivelling apology and tearful eyes a couple of months ago ? Maybe I have the wrong man ?

Who??

The current minister is Charlie McConalogue.

We were told that it was madness to fire the previous 2 ministers (M Martin was a temporary one) because they would be up the walls after Brexit. Seemingly not, he is not to be heard.

McConalogue is going a good job. Doesn’t feature much in the outrage pits of social media.

Deleted User wrote: »

McConalogue is going a good job. Doesn’t feature much in the outrage pits of social media.

They're all doing a great job.

What world is the Government living in when they thing that a cap of 450K for a house in the Dublin city is affordable? Talk about being out of touch.

https://www.rte.ie/news/2021/0504/1213571-politics/

This is the RTE headline the day the government roll out their new housing strategy.

https://www.rte.ie/news/primetime/2021/0504/1213801-mullen-park-investors-first-time-buyers-property-housing-estate/

'Locked out' - first-time buyers gazumped by investors

Local TD Catherine Murphy told Prime Time that her constituents are "absolutely enraged."

She said there is significant demand in the local area from first-time buyers who can’t compete with institutional investors.

"We have to take the financial advantage away that has been given to the international investment funds. That has to happen. And it could happen very quickly if there was a political will to do it."

Cluedo Monopoly wrote: »

This is the RTE headline the day the government roll out their new housing strategy.

https://www.rte.ie/news/primetime/2021/0504/1213801-mullen-park-investors-first-time-buyers-property-housing-estate/

The housing strategy is a shambles. Absolute shambles.

Floppybits wrote: »

The housing strategy is a shambles. Absolute shambles.

It looks to be badly thought out - a tick-the-box effort in advance of the next election.

Cluedo Monopoly wrote: »

It looks to be badly thought out - a tick-the-box effort in advance of the next election.

All it has done is angered people even more with the government and underlined the believe that the government don't give a crap about the people of the country.

I wonder what Dara thinks now. Dara??

https://www.irishexaminer.com/news/arid-30918711.html

The Government has been accused of being “on the side of cuckoo funds” rather than struggling families who are trying to find homes.

During Leaders’ Questions in the Dáil, Fianna Fáil deputy leader Dara Calleary referenced revelations that 295 homes in Leopardstown, Co Dublin, have been bought by an “institutional investor”.

Mr Calleary claimed “up to 3,000 homes” have been purchased by professional landlords in the past year alone and said hard-working families are effectively being locked out of the property market.

“It’s clear Fine Gael is on the side of the cuckoo funds on this one,” he said.

Floppybits wrote: »

The housing strategy is a shambles. Absolute shambles.

How is this story relevant to the new proposals?

Cluedo Monopoly wrote: »

It looks to be badly thought out - a tick-the-box effort in advance of the next election.

Which measures, specifically?

Fann Linn

Finty Lemon wrote: »

Which measures, specifically?

One that classes an affordable home as €400k for starters.

Fann Linn wrote: »

One that classes an affordable home as €400k for starters.

That's not what it says though, right? Its an upper cap rate for Dublin and DLR not the whole country.
The cap for other locations is more like 250k

Deleted User wrote: »

McConalogue is going a good job. Doesn’t feature much in the outrage pits of social media.

Got agreement from stakeholders on the TB forum which was a good first outing. €80million of farmers and taxpayers money at stake there.
Commodity prices are high at the moment which is helping him to be fair.

Fann Linn

Finty Lemon wrote: »

That's not what it says though, right? Its an upper cap rate for Dublin and DLR not the whole country.
The cap for other locations is more like 250k

According to all media quotes across the broadest spectrum it does.From political commentators to various economic spokespersons all headlining with the top figure.

Finty Lemon wrote: »

Got agreement from stakeholders on the TB forum which was a good first outing. €80million of farmers and taxpayers money at stake there.
Commodity prices are high at the moment which is helping him to be fair.

I am not sure how to take you seriously anymore given your random number generation abilities. I never did check that final country you had

Cluedo Monopoly wrote: »

It looks to be badly thought out - a tick-the-box effort in advance of the next election.

What struck me as peculiar are the low numbers of houses involved?
I mean what's wrong with building 10,000 houses in a year on public lands for 200,000 a piece
That's just 2 billion, a fraction of what's spent on the pandemic payments
Just borrow the money, charge a fair rent to buy a month, clear off the current living in hotels list and be done with it
Not rocket science

Marine Layer wrote: »

What struck me as peculiar are the low numbers of houses involved?
I mean what's wrong with building 10,000 houses in a year on public lands for 200,000 a piece
That's just 2 billion, a fraction of what's spent on the pandemic payments
Just borrow the money, charge a fair rent to buy a month, clear off the current living in hotels list and be done with it
Not rocket science

Then why are the government insisting on going down this route then? What you have said above seems perfectly reasonable to me and something that I would agree with and support but there is no way that what was released yesterday will be supported. I can see a U-turn coming on it. I also heard Leo Varadkar saying that they need to do something to stop vulture funds buying up all the houses.

McMurphy

Floppybits wrote: »

Then why are the government insisting on going down this route then? What you have said above seems perfectly reasonable to me and something that I would agree with and support but there is no way that what was released yesterday will be supported. I can see a U-turn coming on it. I also heard Leo Varadkar saying that they need to do something to stop vulture funds buying up all the houses.

Wasn't Leo pulled on this either during the televised debates, or on the radio with Pat Kenny or someone.

He basically tried to downplay and muddy the waters ref vulture funds claiming they represented a tiny margin percentage wise of what properties they were buying.

Leo had to be corrected that basically when an investment fund buy a block of apartments, or a complete estate, it gets counted as the one transaction, i.e a vulture funds company buying one apartment complex with 350 apts gets recorded the same as a couple buying a semi detached in Ashbourne.

He wasn't too impressed about being pulled on it if my memory serves me correctly.

McMurphy wrote: »

Wasn't Leo pulled on this either during the televised debates, or on the radio with Pat Kenny or someone.

He basically tried to downplay and muddy the waters ref vulture funds claiming they represented a tiny margin percentage wise of what properties they were buying.

Leo had to be corrected that basically when an investment fund buy a block of apartments, or a complete estate, it gets counted as the one transaction, i.e a vulture funds company buying one apartment complex with 350 apts gets recorded the same as a couple buying a semi detached in Ashbourne.

He wasn't too impressed about being pulled on it if my memory serves me correctly.

Looks like the headlines over the last few days of vulture funds buying up housing estates before individual buyers have a chance to buy may have forced a change.

Cluedo Monopoly wrote: »

I am not sure how to take you seriously anymore given your random number generation abilities. I never did check that final country you had

Austria? Check the ECDC (Austria is in Europe)

TB forum did reach agreement.

https://www.irishtimes.com/business/construction/never-mind-critics-shared-equity-scheme-can-help-affordable-housing-1.4548146?mode=sample&auth-failed=1&pw-origin=https%3A%2F%2Fwww.irishtimes.com%2Fbusiness%2Fconstruction%2Fnever-mind-critics-shared-equity-scheme-can-help-affordable-housing-1.4548146

Not quite all media...

Fann Linn wrote: »

According to all media quotes across the broadest spectrum it does.From political commentators to various economic spokespersons all headlining with the top figure.

Fann Linn

Finty Lemon wrote: »

https://www.irishtimes.com/business/construction/never-mind-critics-shared-equity-scheme-can-help-affordable-housing-1.4548146?mode=sample&auth-failed=1&pw-origin=https%3A%2F%2Fwww.irishtimes.com%2Fbusiness%2Fconstruction%2Fnever-mind-critics-shared-equity-scheme-can-help-affordable-housing-1.4548146

Not quite all media...

From the head of a real estate lobby? Really.

Marine Layer wrote: »

What struck me as peculiar are the low numbers of houses involved?
I mean what's wrong with building 10,000 houses in a year on public lands for 200,000 a piece
That's just 2 billion, a fraction of what's spent on the pandemic payments
Just borrow the money, charge a fair rent to buy a month, clear off the current living in hotels list and be done with it
Not rocket science

What will you build for 200k?

Fann Linn wrote: »

From the head of a real estate lobby? Really.

Is private enterprise precluded from the housing debate?

Finty Lemon wrote: »

24x in Spain
15x in Finland
20x in Czechia
22x in Portugal
32x in France
Irelands health system as measured by morbidity and mortality, coped very well. In relative terms.

It was the Czech Republic Finty - don't be trying to pull the wool over my eyes...it doesn't work

Cluedo Monopoly wrote: »

It was the Czech Republic Finty - don't be trying to pull the wool over my eyes...it doesn't work

The Czech Republic. It was the Czech Republic. Huzzah.

Shebean

Finty Lemon wrote: »

Is private enterprise precluded from the housing debate?

They certainly should be. Unless you know a private profit driven enterprise that puts the public well being above shareholder profits?

Finty Lemon wrote: »

What will you build for 200k?

A house
Free site value,public land