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"average Dublin house prices should fall to ‘the €300,000 mark" according to Many Lou McD.

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Comments

  • Registered Users, Registered Users 2 Posts: 313 ✭✭BillyHaelyRaeCyrus


    We have a worse housing crisis than the USSR or East Germany had from the 60s onwards. At least they provided people with the basics. Try living in rental accommodation in Ireland and let me know how your mental health is



  • Registered Users, Registered Users 2 Posts: 313 ✭✭BillyHaelyRaeCyrus


    renting is normal in those countries long term. Here we have zero plan for how people live their entire lives in a rental



  • Registered Users, Registered Users 2 Posts: 7,088 ✭✭✭Clo-Clo




  • Registered Users, Registered Users 2 Posts: 15,219 ✭✭✭✭Danzy


    All Sf have to do is make an effort, the Govt have no interest in even that.

    That's the govts problem, no one else, it's like they are uninterested in being re-elected or governance in general.

    Thats nothing to do with either party in govt, just the people in it are tired, uninterested and largely not a patch on the people of either party 20 years ago. That's a problem not confined to those parties or this country either.



  • Registered Users, Registered Users 2 Posts: 7,088 ✭✭✭Clo-Clo


    We did have a plan after the crash, it was commercial companies coming in and renting. But at the moment that is a terrible thing and these companies shouldn't be allowed to buy properties.



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  • Registered Users, Registered Users 2 Posts: 1,624 ✭✭✭forumdedum


    Just heard Eoin talking out of his . . . on RTE Radio. I haven't laughed so much in a long time.

    Got to say fair play Sarah for telling them who was asking the questions.



  • Registered Users, Registered Users 2 Posts: 15,219 ✭✭✭✭Danzy




  • Registered Users, Registered Users 2 Posts: 5,289 ✭✭✭Rubberchikken


    They won't rest until foreign multinationals leave and head to countries that seem to have their act together.

    Then SF can appeal to those who have no interest in putting in a days work or contributing to society.

    Mary L is a font of nonsense and wishy washy jargon just like all the rest.

    None of them can solve.any issues here. All they do is put in the.time, talk s$ite and take what they can until.its time to retire.



  • Registered Users, Registered Users 2 Posts: 313 ✭✭BillyHaelyRaeCyrus


    And that didnt work because the rents where way too high and because Irish people view renting as dead money. The build to rents wont be providing a social service to pensioners, so what happens to those renters in retirement?



  • Registered Users, Registered Users 2 Posts: 15,219 ✭✭✭✭Danzy


    Yes but affordability and rental rates related to economic earnings are completely out of whack in many of them as well, as is supply of any type, not to the extreme levels of ireland though.


    I'm only in my 40s but I remember a time when FF and FG considered themselves to be entrepreneurial parties, really showing my age there.


    Like many others I have my own business, took an idea that shouldn't have worked, was told wouldn't work and through sheer dogged determination build a business from scratch, cold calling, scrimping and a willingness to make it work no matter what.


    I would be a very lonely person talking about that at a cabinet meeting now or in the Dáil in general.


    How are people going to start meaningful, employment and revenue generating businesses when a half million will not guarantee a 3 bed house.


    Not going to happen, and people are going to avoid that route, too much now at stake.



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  • Registered Users, Registered Users 2 Posts: 313 ✭✭BillyHaelyRaeCyrus


    I have to work two jobs to be able to pay rent. 6 days a week average of 60 hours. Its hard to get by these days never mind get ahead. I don't know if the opposition can do better but I know the current system is not working

    People here laughing at the idea of 300k houses which are unaffordable in themselves. Why wont any of them tell us where they expect us to live



  • Registered Users, Registered Users 2 Posts: 7,088 ✭✭✭Clo-Clo




  • Registered Users, Registered Users 2 Posts: 313 ✭✭BillyHaelyRaeCyrus


    I rent an studio. Id love a 1 bed apartment. I cant afford it. Give me an apartment in Dublin and all my dreams would come through. Id need to save 50k though or move to Balbriggan which would still cost 40k. Thats the issue. Its not affordable and renting makes the deposit impossible. The older generation had either tiny deposits or 100% mortgages so simply cannot relate



  • Registered Users, Registered Users 2 Posts: 7,088 ✭✭✭Clo-Clo


    Yes it is, talking about what people might have voted for 20 years ago is no longer relevant. Even 5 years is a huge time in politics.

    Before 2000 was immigration a big topic like it is now?



  • Registered Users, Registered Users 2 Posts: 3,805 ✭✭✭Francis McM


    And by SF crashing the property market and ensuring there will be less new houses built rather than more, you think your lot will improve?


    When the multinationals leave ( as quick as they did from your man's web summit in Portugal when he just made a few lefty comments) , maybe Mary Lou can get the magic builder who can convert a 1 bedroom cottage in to a 5 bedroom 2 story in Cabra for f. all, to convert all the empty offices and factories to accommodation?



  • Registered Users, Registered Users 2 Posts: 313 ✭✭BillyHaelyRaeCyrus


    I see you've edited your post to include rent. Which was the original plan after the crash.

    I rent, where will I live in retirement? Im 31 and this keeps me awake at night with fear.



  • Registered Users, Registered Users 2 Posts: 7,088 ✭✭✭Clo-Clo


    150k to 200k will get you a 1 bed apartment.

    When I bought I had to move to an area that was not ideal but I did it, you say a 1 bed and then have a list of demand beside it. This is the same with a lot of people.

    People want the housing crisis fixed but they want it done their which is impossible in reality.

    The older generation didn't have tiny deposits and the number of 100% mortgages was minimal and a lot went bang with the crash or left people in a property which will never reach the value they paid for it.

    Every generation has had it hard in different ways



  • Registered Users, Registered Users 2 Posts: 7,088 ✭✭✭Clo-Clo


    31 and you are in fear about retirement at 65?

    At 31 I was in fear from the beer



  • Registered Users, Registered Users 2 Posts: 313 ✭✭BillyHaelyRaeCyrus


    A 1 bed requires a 20% deposit. The 1 beds in Dublin are around 180k starters, your talking about Newbridge etc which is a 2 hour commute to work each way by train and then bus. And they still require a deposit of 36k and then fees etc so 40k. My rent is 1400 before bills. Im not moving back with parents in my 30s, that destroyed my mental health over covid. House sharing after mid 20s was a nightmare as well. So how do I get the 40k I need (before a stick of furniture) to live 2 hours from my job?

    Like most FFG supporters you likely think I should have rich parents to give me the deposit



  • Registered Users, Registered Users 2 Posts: 3,805 ✭✭✭Francis McM


    Correct.

    You only work 60 hours a week? I know lots of people who work longer hours than that , both in Ireland and abroad. Big deal. Welcome to the real world. The world does not owe you anything.

    You can buy an apartment in some parts of the country for 82k, which according to the CSO is average pay for a Garda in Ireland currently. Its a great little country when one years gross wages of a policeman is the cost of an apartment. Not many countries can say that. And houses for 100- 200k. So apartments / property is not unaffordable for some people in the country. Sure Dublin is expensive, but show me a capital city in the western world, or indeed in most of the world, which is not.



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  • Registered Users, Registered Users 2 Posts: 313 ✭✭BillyHaelyRaeCyrus


    Not unusual. Most people in my circle are emigrating or miserable due to housing. A lot cant even afford to rent alone or live at home. They're jealous of my studio that I need 2 jobs for.

    You didnt grow up in a generation living through a housing catastrophe, so you didn't know what its like to be terrified of the future. You never faced the prospect of a homeless retirement, 100,000s of renters face that



  • Moderators, Entertainment Moderators, Social & Fun Moderators, Paid Member Posts: 21,789 Mod ✭✭✭✭Leg End Reject


    If you are selling a house and buying again it's not so bad you get less and pay less too.

    What about negative equity? If you originally bought for €450k and need to relocate after a few years how do you clear the mortgage if your house is now worth €300k?



  • Registered Users, Registered Users 2 Posts: 3,780 ✭✭✭Kaisr Sose


    Surely their biggest chance and missed opportunity was the last election...they would have got more seats if they had more candidates. That's how close they got to ruining this country. I hope they never get a second chance to do it.



  • Moderators, Entertainment Moderators, Social & Fun Moderators, Paid Member Posts: 21,789 Mod ✭✭✭✭Leg End Reject


    What about people who need to relocate for work? The "job for life" is a thing of the past in many sectors and businesses go bust.

    Magically reducing house prices might solve the problem for one demographic only to pass it on to another.

    Post edited by Boards.ie: Mike on


  • Registered Users, Registered Users 2 Posts: 313 ✭✭BillyHaelyRaeCyrus


    Why would you have to move to have a new job? Global neo liberal capitalism is a balls for people. My grandad was a factory labourer for life and he was able to have a home from the council and 10 kids. Seems a lot better than this globalist neo liberal nightmare we've created



  • Registered Users, Registered Users 2 Posts: 7,088 ✭✭✭Clo-Clo


    After the local election when they rightly had massive losses the rate of increase in vote came as a total surprise to Sinn Fein

    What people forget is Sinn Fein took over DCC from 2014 to 2019 on the promise of building.......you guessed houses. They used to have an article on their website lauding what they would do in DCC.

    By the time they got out of DCC they had less units than when they started, during a period of huge growth in Dublin.

    Funny enough Sinn Fein don't like to mention any of this.



  • Moderators, Entertainment Moderators, Social & Fun Moderators, Paid Member Posts: 21,789 Mod ✭✭✭✭Leg End Reject


    Working from home isn't a option in many sectors. Sometimes people need to move, that shouldn't need to be explained.

    Post edited by Boards.ie: Mike on


  • Registered Users, Registered Users 2 Posts: 6,860 ✭✭✭Tombo2001


    Our birthrate is down circa 25% since mid-90s from 2 to 1.6 expected. The big drop happened in the 70s/ 80s.

    Our birthrate is still above Germany which has all those housing laws you talked about.

    Every european country saw massive declining birthrates either in the 70s (the more liberal countries Germany, Netherlands and so on) or the 1980s the (then) more conservative countries such as Portugal or Ireland. Every European country is facing that pension time bombs and its not true to say the housing crisis brought this about. It might be a factor, but its one of many and not a primary factor.

    Having said that - and you kind of touched on this earlier - but its not just that the housing stock has remained static (with rising populations) but also that social norms have changed. Parts of Dublin like Cabra or Donnycarney. Traditionally these were three bedroom houses, with a toilet downstairs and no bath. First thing any young person does with one of these old houses is turn the smallest bedroom into a bathroom. Then when same person gets married, has kids - they wont have more than two. There's only two bedrooms. If you have a boy and a girl, you've a problem. Social norm, they can no longer be in the same room after age 6 or 7.

    Back in the day, there could easily have been 8 or 10 kids in these houses. Or more even, I knew one woman who said there was 17 kids in the family, and it was one of those houses.



  • Registered Users, Registered Users 2 Posts: 1,187 ✭✭✭I.R.Y.E.D


    You think most people had low deposits and 100% mortgages before the middle 90s and didn't work 60+ hours a week, you might want to do a bit of research there to find out how wrong you are.

    Newbridge to Dublin Heuston is 40 minutes max on the comuter, 24 minutes on the intercity, with the luas outside, not a two hour train journey each way as you claim.

    As for the rest you sound like nothing will ever make you happy not even an apartment in Dublin, but best of luck.



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  • Registered Users, Registered Users 2 Posts: 1,187 ✭✭✭I.R.Y.E.D


    Post edited by Boards.ie: Mike on


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