Don't buy in a new estate

Plenty of people who own their own houses don't do upkeep, or turn their gardens into dumps. Happens all the time.

It's lazy stereotyping to presume social housing tenants are like that.

The investment companies are buying in private estates too to lease to the Council. They too object to paying 400k for 2 bed apartments when they can pick them up for 250k.

I just checked one apartment which I am very familiar with which was sold in 2018 and it was sold to Davy Platform ICAV, an asset management umbrella fund established to provide Social Housing to local authorities. Source: land registry folio.

So long as the Councils continue to enter multi-decade guaranteed profit agreements with the Residential Property Investment Companies those Companies will continue to outbid working people for homes.

It is Government policy working against the interests of the Public.

Well, from experience I can tell you this is a load of bollocks.

I am an owner in an older established private estate where a number of houses over the last 5-10 years have been bought up by the council. Plenty of other renters too, though not sure if they are leased to the council, on HAP with private landlords or whatever. Not that its any of my business.

There have been no increases in my insurance costs. No "greater exposure" to criminal elements or discernable increase in anti-social behaviour and house prices in the area have been going up steadily not down! No problem selling, most go sale agreed within a few days / weeks of the for sale signs going up.

But then, it wouldn't be Boards if there wasn't an ongoing thread bashing social housing and demonising all who qualify for it - working or otherwise. It seems your damned if you do or damned if you don't. If you're an average wage earner that doesn't qualify for a mortgage for a bank, you;re not trying hard enough, apparently.

Personally, I think they should bring back the Shared Ownership Scheme. I wonder how those who bash everyone who qualifies for a place on the housing list simply because they don't earn enough, would cope with the idea of homes half privately owned and half council rented.

Loueze hasn't figured out that their offspring won't be able to afford to purchase on the private market when the time comes to fly the nest.

Corporations plan in decades, not months or years.

They remain in the estate that people have paid 770 though so the knock on effect remains to those that paid that amount regardless

Typical Irish begrudery.

if social housing is so great, off ye go and live in it.

not working is so great? Then off to the dole with ya!

the jealousy about social housing is unbelievable, like I said, if ye are jealous, off you go and join it.

stereotypical lazy attitudes of social tenants being criminals is just more of it. Anecdotal examples can work both ways. My neighbour, second generation to live in his private house, drives everyone mad. Doesn't care what the neighbours think of the state of his house, the loud parties etc etc.

My friend lives in a terrace, one side, parties all weekend long, strange people coming and going at all hours of the day and night. The other side? Lovely single female, until her ex prisoner brother moved in, smoking dope, blaring music, having all sorts of visitors at all hours.

There are many houses bought around the area by the council, lots of people rent, privately or on HAP. Houses are still expensive, ridiculously so, and they go sale agreed in days. There are no social housing tenants having any affect on the asking prices of houses.

Yes, thats why I've worked for over 30 years in the same job that I've had since I was 17 and bought my own home.

Jesus wept.

And I'm just finished my internship on the moon.

The whole point of the housing market is to choose where you live and therefore who lives next door. It’s why people spend millions in Dalkey to stay away from the kind of people who can only spend the guts if 1/2M Euro on a mortgaged property in an estate.