Irish Property Market chat II - *read mod note post #1 before posting*

....are you sure of that? theres plenty of people starting to move their money towards alternatives in ireland, yes some will indeed invest their money in traditional ways, but i suspect many younger people are moving towards these alternatives, its why i think an increase in use of methods such as negative rates would ultimately fail, as i suspect they already are

hard to tell, but could be peas in a pod, both may have occurred together, but now both are creating a positive feedback towards each other, accelerating dysfunction in both

i somewhat disagree there, the whole thing is a mess, and there doesnt seem to be any real solutions to any of it, we clearly need to ramp up supply, and very quickly, but we dont even know how to do that, so....

again, since theres a serious lack of supply, and no true functioning alternatives, particularly in the public domain, we re simply stuck....

but having functioning repo processes is also critical to have, as dysfunction triggers dysfunctions in financial markets

Ha, ha...

Its purpose built rental accommodation on a hotel site. That the hotel owners wanted them kept as that doesn't make it not part of a hotel!

Now, how do you propose to return privately held holiday homes to the market? If you haven't got a workable proposal for this, its absolutely pointless trying to pretend that they can be.

Of that 60% how many have children and/or grandchildren who either can't afford to buy at all or have to move a long way away to buy?

I don't know any figures on it but it's a lot of people imo, and many will turn their back on FF/FG who obviously have no solutions.

One event doesn't prove or disprove anything.

Trying to put holiday home stock down as potential primary residence supply is just trying to fudge numbers. Its just as much - and as little - potential housing as every single field, farm and existing commercial building is potential housing. So not valid to count.

Otherwise you could just make up numbers for potential new builds, potential renovations of derelict and so on.

I've never said they cannot be a PPR. But they aren't going to be. They are no more a potential PPR than an empty field is.

Unless you propose a carrot and/or stick to encourage their sale and prevent the purchase just being for further holiday use

These "middle class" voters that SF are attracting, are going to be poverty cases come the next election, with inflation etc. Unless you have the bank of mum and dad to bail you out! I can actually see them having enough to have a majority. FFG cant bring themselves to self harm and do anything about the rip off prices they crave...

The housing situation is going to get a lot worse, its going to totally boil over and explode over the next few years, that is for sure... They are going to have to start doing things non of the parties currently want to do, provide cheaper to construct homes and higher density. The planning system is a farce. This does benefit SF currently, they are running with the hares and chasing with the hounds. If they get a majority, what will their excuse be, to not make inroads into the crisis, and fairly quickly too...

The person we purchased our home from used the proceeds of the sale to move to a facility that allowed for independent living while having care on call when needed. An excellent service at a reasonable cost at the time

Since that person moved in, the facility has been sold, services have been cut heavily and fees have ballooned.

This is a person that had a good job/career helped develop many more high paying tax units through his children also been successful

Don't be under any illusion that FF/FG boom bust policies are of any benefit to our citizens. Given our healthcare/housing and pensions time bomb. It's the older population that should be most concerned of the direction this country is taking. They may not know it but taxpayers are funding a system that will destroy them and enrich vested interests that dodge tax at every opportunity

Be prepared for complete stripping of your assets to fund a not fit for purpose health system

A bit of vote buying to add fuel for the fire and sauce for the investment funds

This time its different indeed

Following on from newstalks debate that Ireland has become antibusiness

It appears that their sister station has picked up the lantern with their busines reporter Ian Guider singing the praises of investment funds and co living units in both the report linked below but also a debate later in the week plus an article on the Sunday Business post

It's an interesting development as the media were dead against these investment funds initially, even christening the term cuckoo funds. I'm assuming that they'd be unable to fill their lucrative property pages when investment funds become the dominant buyer. Winder what's feeding this sudden change of view

Mmmh Media capture. This time it's different indeed