Housing Madness

All that'll happen then is the prices will be raised to meet these new payment capabilities. The same amount of properties would be on the market but there would then be more people capable of bidding and buying them. All this would do is drive prices further upward in line with the raised demand.

The only thing keeping a lid on any of this is are the bank lending rules.

One quarter of TDs are landlords (that's the stuff they've to declare, on record, and does not include shares in REIT type investments or properties under their partners names)

Here's a rich list of millionaire TDs, Lowry at the top with €2,782,065 worth of property and land:

https://docs.google.com/spreadsheets/d/1RIloq4113DiO4_wvkKi-S9ayUwsbV2eP/htmlview

Do you think they want reasonable rents and property values? If so, I've a few chocolate teapots you might be interested in.

So did you ever work in any large organisation or not? You don't want to discuss proof so lets talk about your understanding of the world

Still much better than being out on the street. Standards have gone up too much, people lived in these houses and much worse in years gone by. People turning up their noses at a bad BER and a septic tank / well is madness

You are the one not answering questions not me! I have an opposing view to yours and have given reasons why yours makes no sense and lacks evidence. It is obvious you don't want to discuss the issue with me but I am free to poke holes in your claims all the same.

I have pointed out your views are not sensible as why would TDs bring in punitive charges to landlords? You aren't explaining how reality counters your view. Maybe you are really bright and can explain how this works. How does this point to the TDs making policies to favour themselves because I think this is part of "everything" that you says points a different way.

I take it you never worked in a large organisation and watched as committee decisions are often disasters due to taking on too many views. Watched as miscommunication created a mess etc... The government is a huge ship and steering it is difficult. THen add incompetence and you have what you get. That is why to beleive everthing is planned is just laughable. They aren't simultaneously genius masterminds and incompetent.

I was talking to a lecturer a few weeks ago who said that economics lecturers now use Irelands housing/rental market as the example to show how governments can destroy markets through populist interference. We are the new poster child for why rent controls have the opposite effect of what you think they will.

no

Then they move on. It is about having suitable accomadation for different types of lifestyle. Many people stay or end up single. There is a place for single dwellings and we currently lack them in the market. We have way too many 3 bed semis. It is a lack of understanding to suggest there is no place for them and creating them is shortsighted. It is actually known to be required by those who study the housing stock. It doesn't really mater if you like them or not, cities need them and Ireland has a lack of them compared to other cities.

They are required

It is all part of a long term movement. As time moves on more OAPs die freeing up their property. THe more one bedrooms in areas also allows older people down size within their community. Are you really saying there is no place for them in the market?

What happened to all the people who lived in bedsits did they never exist? I know lots of single professionals who want to live on their own but can't find one bed places.

Having people live in property that suits their needs is a better use of resources of housing stock. I know people living in 3 bed houses because they couldn't something that suited their needs so you have 3 beds with one person living in them. OAPs living in 5 beds on their own actually find it hard to maintain and would like to downsize

dermot gavin from room to improve was interviewed ,he said we need to build 1000s of houses every year ,social housing, private housing, rental housing.like 30-40k units every to catch up with demand , the problem is in 2022 do we have the workers to build even 20k units per year. if a house costs 250k how many houses can the government afford to build per year.Are young people training to be painters, plumbers , bricklayers .i,d like to see an expert report explaining ,why have the no of units fallen so low versus say houses built in 2000.Are planning delays and height restrictions causing it to be more expensive to build a standard 3 bed house or apartment unit

Look at employment rates and salaries in NI and come back to us. Belfast is a very run down place