Reins wrote: » First thing I'd be doing is taking the sale off that agent. 4.5 mil property and agent can't be arsed to check the quality of some of the photo's :rolleyes:
awec wrote: » Yes.
cnocbui wrote: » I have a 128 year old cut stone 'house' in the distant reaches of Connemara. I had someone recently interested who took his architect to view it, who estimated €500,000 to renovate. I have no doubt that was for something that would end up gracing the front cover of an architecture magazine and would be put up for an award. I think my gut and caution was right. Even at a relatively paltry €300,000, I wouldn't be up for such a financial risk. Rental prospects would be dire, due to remoteness.
schmittel wrote: » Me too. Their methodology is clear: GeoDirectory exclude "transitional" vacancies from their count. They consider properties that are "For sale" or "for rent" as transitional vacancies.Hence GeoDirectory do not count properties that are "for sale" or "for rent" as vacancies. Yet every time I state this, quoting GeoDirectory's methodology, Marius accuses me of posting misinformation. Yet weirdly he has thanked your posts saying Geo exclude transitional vacancies and that transitional vacancies include for sale and for rent! Gets quite irritating after a while, because it derails a more serious discussion about the huge problem of vacancies.
Marius34 wrote: » I thanked, because that's the same thing what I told you about the Census already. All the answers relates to Census. While you speak nonsense about GeoDirectory. Nor they speak about properties for sale in their methodology, nor about owners in hospital, etc.
schmittel wrote: » GeoDirectory do not count properties for sale or for rent as vacancies. What part of that statement is nonsense?
schmittel wrote: » And would you agree that the transient vacancies include vacancies that are for sale and for rent?
PropQueries wrote: » Dr. Rory Hearne has a fairly long opinion piece in The Journal this evening. He seems very sceptical of any solutions the Government may bring in following the recent Maynooth estate fund issue. Link to article in The Journal here: https://www.thejournal.ie/readme/housing-investment-5433241-May2021/
Amadan Dubh wrote: » Important too are the comments and the most liked comments below. Unanimous in support of the article.
woejus wrote: » Grand gaff but some drawbacks - right on the beach (which is nice in Bridgehampton I suppose, but attracts scobes here), right beside the trainline. It does have ONE helipad though, one fewer than the winning house of 2021 out in Howth. Can imagine it is savage to be looking out during a storm!
Mad_maxx wrote: » that fella will never be happy until private property is completely outlawed far left bluffer of the highest order
RichardAnd wrote: » He writes for Darwin's Waiting Room (aka, the Journal), of course he's a mad lefty. However, this is a good example of how a broken clock can be right sometimes.
Mad_maxx wrote: » any " economic manifesto" you get from PBP is written by him , he ran for them in the 2007 general election that he has such a profile is a testament to the politics of the media in this country , marxist idiot
Reins wrote: » https://twitter.com/crazyhouseprice/status/1391785573417988101 More on the housing crisis.
Stagnant wages and expensive housing leave young people in Ireland worse off than parents ESRI study suggests millennials first generation with lower living standards than before A combination of stagnant wages and higher housing costs have left young workers in Ireland financially worse off than their parents, according to a study by the Economic and Social Research Institute (ESRI). The research found that earnings have flat-lined for young people entering the Irish labour market and that workers in their 20s are – in real terms – earning less than they did in the 1990s and 2000s. It noted that there were 112,000 fewer 15-34 year olds in paid work in the final quarter of 2020 than a year earlier, compared to 93,000 fewer workers aged 35 and older. Proportionally, employment was 14 per cent below its pre-pandemic level for those age 15-34, compared to just 6 per cent below for those in the age 35-plus category. The study found there has been “widespread stagnation in earnings growth” since the 2008 financial crisis, with average earnings for those born in the 1980s no higher from age 25 to 35 than for those born in the 1970s. In addition to poor prospects in the labour market, the report said a growing share of young adults are facing high housing costs, primarily because most are forced to rent and a greater share end up paying more than 30 per cent of their disposable income on housing. “Policies that act to tackle the root causes of high rents will also disproportionately benefit younger adults who risk otherwise being left behind,” he said.
Amadan Dubh wrote: » https://www.irishtimes.com/business/economy/stagnant-wages-and-expensive-housing-leave-young-people-in-ireland-worse-off-than-parents-1.4560760?mode=amp Again, another authoritative source written about in the media on the desperate state of the housing market, particularly for those in their 20s and 30s (currently the population under the age of 45 is 1.7 times higher than that over the age of 45 meaning that the majority of the population couple be said to be negatively affected by the housing market). This voting demographic of course (ie the one unhappy with the housing situation) will continue to grow. It is quite depressing to note that the impact of the crash in 2008 has resulted in a whole generation being worse off financially than their parents. But until we see the end result of what is required in any policy to be specifically stated in any calls to fix the broken housing crisis - rents and house prices must be forced to drop substantially - no meaningful progress will be made. This has to be the stated end goal - force rents and prices to drop. Work back from there.
Amadan Dubh wrote: » His property market views are far from Marxist and an idiot he seems not, what is idiotic about his article?
Mad_maxx wrote: » He ran for PBP in the general election of 2007 , how could he not be Marxist?
Amadan Dubh wrote: » I was a card carrying member of the communist party of Ireland back in 06 before becoming a card carrying member of FG in 08. What would that make me?
awec wrote: » Confused.
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