Right to a house?

Who advised you to take out a greater loan? Of course OPINION was given. If the stupid are willing to take an opinion and ignore other opinions then they made the decision who they thought had the better opinion. That is the decision making process.

I have no love for Eddie Hobbes nor David McWilliams but they certainly were present in the mainstream that you are claiming was only one direction when it clearly wasn't.

People are fools and you are basically saying they were taken in while simultaneously saying they take people for fools. It seems they were right to take them as they stood. Fail at adulting

I can see the Govt. raising LPT property tax in the budget.

Most of the wealth in Ireland is stored in property.

They need to double or triple the tax collected, and divert this to building affordable, social housing.

Its an easy one to push through, and people cant avoid paying.

See in the past rents were cheap. So people did not worry about it so much, the local authority's owned 1000s of houses, they problem is lack of supply, our population increased rapidly , the no of apartments , houses did not increase to keep up with demand,

Now its very expensive to build a house, we need to copy UK Germany they build 15 storey buildings to provide housing for workers . Its not just ireland, eg usa new York there's not enough apartments avaidable for people on an average income

It goes in cycles 10 years ago people were worried about ghost estates

Of course in 10 years time we might not be worried about housing as people might choose leave Ireland due to extreme climate change we don't have 10 years to tackle climate change

If the other poster had read up on the history of the flats, they were seen as a very modern solution to a housing problem at the time. The “Corbusian style” was used in US/European cities.

The paragraph about Manhattan in incomprehensible. Manhattan has an extensive underground/bus system that traverses the city. Yes, there are food stores in this densely populated part of one of the world's major cities.

I'm in germany. There's very few of those massive 15 story blocks. However there are plenty of 6-7 story buildings. I'm living in one. I'm 10 minutes walk from the centre of Dusseldorf. It's nearly 100 meters squared. And it costs the same as my 30m2 apartment in Kildare.

We don't need 15 story buildings. But we do need to get rid of the low density housing that's popular in Ireland. And I don't mind renting, so long as there's safety and stability in it. In ireland I had my rent raised by 60%. The apartment was falling apart. There's very little to stop landlords from treating their tenants like ****. Likewise landlords will complain about tenants. Here my deposit was 3 months rent and I have to show a credit check. Landlords can refuse based on the credit check, which would be terrible if you've thrashed a place or failed to pay rent in the past. Thing is I have a feeling that if the gov tried to bring in something similar in Ireland a lot of landlords would complain. Sure, they'd get more security, but they'd also be really tightly regulated.

As for when rent was cheap. We had a massive boom. Afterwards there was a crash and rents corrected. The rents that people were paying in about 2010 were what rents were supposed to be. In the last 20 years we've only had about 5-7 years where rents were about the price that they should be. Except for that period they've been inflated and increasing. Landlords, corporate and private, seem to view a property as something they have to squeeze every penny from. It should be treated as a very long term investment. Something that matures over 30 years.

is this what truly is rapid growth in population?

this is regularly trotted out, but is this trend what it says it means, i.e. rapid population growth rate?

yes we urgently need to build upwards, as urban sprawl is exasperating our issues

again, its important to state, our serious lack of supply was noted at the height of the previous crash, particularly in the dublin region, i.e. when we were all talking about ghost estates!

yup, we re clearly out of time, in regards climate change, and our governments response....lets build more gas fired power stations....holy fcuk!

if investment funds and other investors are required to provide our property needs, strict conditions must be also included, such as no excess profits etc, it has been their primary goals of wealth extraction, that has ultimately lead us here!

.....again, this one is also regularly trotted out! yes such developments were a monumental failure, but the actual act of build these developments, werent the only reason for these outcomes, it was due to a series of failures at policy level, ffs!

...but you are correct in regards transport needs...

...so lets reduce the ability of those on such, in attempting to meet their needs, to make it even more impossible to do so, baring in mind, most monies received by such, is spent back into the economy, immediately upon receivership! how the fcuk is that going to help?

banks play a vital role in our societies, the most critical function being money creation, in the form of credit, but this form of money has become the main tool for speculation in asset markets, particularly in relation to property, this approach is now starting to collapse. states alone cannot and probably should not dominate the creation of money, as this too would probably be prone to serious dysfunctions, similar to private sector financial institutions, but we must some how find ways of appropriately regulating both, for public good, no easy task though.....

Ballymun towers were a disaster from day one, they were kips with no proper facilities. We are not going to solve the housing crisis until we start building up with high rise near the city centre, it's the only logical solution. Yes we have to also invest more in infrastructure etc but that's something we need to do anyway. The high rise apartments need to be really nice buildings catering mainly for working people.

The history of Social housing and the condition that so tenants leave it in is horrendous. 40+ years ago when tenants got there houses they got bate floors and walls. They painted and furnished the houses themselves ( well that was what happened in small towns and villages anyways).

They were grateful for these houses. They maintained them themselves. Some even build extensions and sheds while still renting.

However all that changed when the seemingly attitude changed to it was a n entitlement. This idea that Ballymun was a kip is BS. It was made into a kip.

Before COVID I was working in parts of Limerick city where there was new housing build. The new housing was two and three story apartments. There apartments were better designed and build than some private ones with external hallways These had keypad entry originally but the keypads were literally torn off the wall. One door was replaced with a steel frame and sheeted door.

Some of these developments were less than ten years old

There have always been low-income people with life problems.

There's a crack cocaine epidemic in Whitechurch-Tallaght area now.

In the 19th century many people were eating opium or smoking it.

If you put many vulnerable/low-income people together in one tower block that's a disaster, but if you spread them out in outlying areas of Tallaght they haven't gone away you know.

I don't think high-rise buildings are cursed, just be careful with the mix of people. Prime city centre location should be for city workers mainly.

I’m not sure that you can dictate a timeframe that an investment should or should not return a certain yield. If you did that with property, you probably would put off investors, big and small.

Personally I don’t think LL’s issue is with yield on investment, if it was, they wouldn’t be leaving the sector, they would be investing in it. Unfortunately the current legislation actually rewards bad faith and behaviour by tenants, they face no penalty for non payment of rent/overholding/damage, the LL may get an RTB judgement, but in reality you can’t get blood from a stone.