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

Glenveagh CEO Stephen Harvey on smaller gardens,

Apartments are unviable and housebuyers are subsidising them

Shift from apartment to own door accomodation, while keeping units per hectare the same and eliminating ongoing management fees

Removing apartments from suburban schemes, would reduce cost of delivery per unit to 315 to 325k per unit

Seems eager to have a shift away from investment fund product to ftb product

Inflation has peaked, labour is plentiful, wage inflation between 4 and 6%

I can sympathise with those people and FF/FG aren't 'owed' votes but that's not how creative destruction works.

Creative destruction is when something 'better' is brought in and the old is simultaneously gotten rid of. If SF are going to destroy first and "hope to rebuild" later than that is high-stakes gambling at best.

Though perhaps Eoin O'Broin will have a coherent plan come election time.

It's absolutely idiotic though - by almost any metric Ireland has some of the highest standards of living in the world. One issue is that houses have gotten expensive (though not wildly out of line with comparable countries) due to there being a lot of money around and not enough building during a pandemic, and people want to respond to that by destroying everyone's livelihoods, introducing levels of poverty not seen in decades, and darkening our children's futures for the sake of house prices getting a bit cheaper (but no more affordable to the many who will lose their jobs of course)

I agree that those are the reasons. But I'd respectfully argue that people who give those reasons are also missing the point.

There's hardly a single example of engaging in a "flamethrower" vote that has had a positive outcome.

In general, are people's lives better in the UK since the Brexit vote?

Did Trumps stint leave a lasting and measurable change of fortunes for normal working people in America?

We elected in 2011 Fine Gael and Labour as two fingers to FF. Labour promised no increase in college fees. There was also the slogan "Frankfurt's way or Labour's way" at one point in June 2010 they were at 32% in the opinion polls.

Needless to say, college fees went up and water meters were installed. The rest that came/gave hope and paused water charges& further austerity was more down to the global economy than who was at the helm imo.

Likewise, I give the same outlook when the economy downturns. Its mostly timing and musical chairs. Fully willing to be challenged on that.

Given Brexit, Trump and how we now want to vote out those we took a chance on in the 2011 election, I personally don't believe it's anything more than cyclical coincidences and being in office at the right time and place. With policies having success depending on the waves of the tide that's able to carry them.

All these words from SF are bollocks the same as they were from other parties before them. I've no doubt they'll be elected, I just don't see any major changes nor this eye-opening moment of "look at us now, it can be done"

Saying that, I don't have any strongly ill feelings towards any party really, because at the end of the day they're just humans unable to predict the future, alot of it is hope and look, your whole life is given to public scrutiny and criticism. You'll always have people angry at you.

They can do worse, much much much worse. I genuinely fear for what would happen to the country under their mismanagement.

And yes, house prices probably will go down as that's what happens during periods of recession and mass unemployment rather than the current period of a buoyant job market, strong foreign investment and high standards of living that Ireland is enjoying compared to most of the world in pretty turbulent times following a pandemic and during a major war in Europe.

As Moore McDowell said years ago and he got castigated for it Joe Sixpack