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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


    My grandparents raised 10 kids in one of those corpo houses. Still he could afford that on a one income wage as a factory labourer. I went to uni and I need to work 2 jobs to afford a bedsit. Which time seems better?



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


    The posting is going over the top now in the dramatics to be honest.

    I work in a company full of people of all ages. Some have bought houses, some apartments, some rent etc. Are they pi**ed with the rental system, of course. But they get on with it and put a plan together.

    You have people posting about emigrating to England and Australia. Guess what I can tell you about England and Australia? People leave Ireland, majority will come back. Most go to travel and get a view outside of Ireland.

    You are making all sorts of claims and say you want a 1 bed apartment but then have a list of demands, which I guess means you are aware you could buy an apartment but you would just have to drop some of the requirements you have

    I think you will find every other generation had choices to make as well, they made hard choices to make their life better. Sitting on the internet complaining wasn't one of them.



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


    According to google maps from a apartment for sale in Newbridge for 180k, to my Dublin 7 office its 1hour and 45 mins by train and bus



  • Registered Users, Registered Users 2 Posts: 6,738 ✭✭✭Tombo2001


    Point taken.

    In terms of 'older generation cant relate'....

    Back then, women basically couldnt work, couldnt build a career, had to stop working when they got married. How did that leave them in the mortgage market?

    I remember working delivering carpets with a lad who told me that it was his first job back, that he'd been out of work for 9 years before that. Married guy, mid-30s, very able. This was early 90s. We were on 30 quid a day.

    There was a short 'goldilocks' window in the late 90s with affordable housing, low interest rates and moderate unemployment. For maybe 7 years or so. Apart from that, we've been between extremesof unemployment and unattainable housing.

    No one is saying you have it easy, but if you think current generations have it harder - personally I wouldnt be going back.....



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


    Im not a FFG supporter, I am just a realist. If you look around Dublin you will get a 1 bedroom apartment and not live in Newbridge. I suggest you do a little research for apartments and talk to a bank about financial advice


    I never got a deposit paid for, when I was in college I was working every hour I could to pay myself in college. I took the first paying job I could when I finished and worked my way up. Did I complain? no chance

    Why? well I could go to my Dad who was taken out of school at 15, along with his brothers and sent to England to work on sites, any extra money was sent home to try keep the rest of the family.

    So sorry I don't have time for the dramatics.



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


    I lived in Newbridge and worked in Phibsborough when compaq were there as it was cheaper to rent there and my then girlfriend worked in Kildare, no luas at the time and my journey was less than 1hr 15m each way.

    Also the times of each train journey are available on the IE website



  • Registered Users, Registered Users 2 Posts: 2,947 ✭✭✭orangerhyme


    Mary Lou is in cloud cuckoo land and the worst part is people will buy into her bullshit.

    I see no competence or talent whatsoever in Sinn Fein.



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


    There is no housing crisis, you are all correct. I should now sacrifice all pleasures for 4 years to save the 40k needed to live in Newbridge,

    To be honest Id much rather emigrate. Of course if this country had a system in place for reitred renters to be able to remain in their homes, ie a functional long term rental market, I wouldn't have to contemplate moving to rural Ireland or leaving Ireland all together



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


    And the reason younger people like me will vote for her is because our lives are stunted by a housing crisis the main parties couldnt care less about



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


    I wouldn't mind the dramatics. You have 1 bed apartments in Dublin for less than 200k. They mentioned themselves about Balbriggan first and when they didn't get a reaction decided to head to Newbridge.

    A 1 bed in Glasnevin now is 150k, small I do admit. Plus more options available if wanted



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  • Registered Users, Registered Users 2 Posts: 2,947 ✭✭✭orangerhyme


    You shouldn't have to move to Newbridge.

    There should be a reasonable supply of affordable one bed apartments to buy like you see in Europe.

    It costs 4 or 500,000 to build an apartment here, so they will always be BTR.



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


    I think you should look into Sinn Fein record in DCC so because they had a terrible record. But it's not hard to spot the sob stories online from Sinn Fein supporters which in reality turn out to be untrue.



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


    More dramatics. Nobody said Ireland doesn't have a housing crisis. But making up unrealistic stories which can be easily picked to pieces isn't working.



  • Registered Users, Registered Users 2 Posts: 2,947 ✭✭✭orangerhyme


    It's impossible to get average prices down to 300,000 without a crash or recession.

    I could say "All houses will be a fiver and pints 10c if you vote for me". It's complete nonsense which will only appeal to morons.

    Post edited by Boards.ie: Mike on


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


    But the current parties have done nothing

    And we need a left leaning goverment at this stage. We are a playground for multinationals. The country was better for most without them. My parents and grandparents never had insecure housing. They could get in my grandparents era council homes or in my parents buy their council home. They didn't have to move to the countryside



  • Registered Users, Registered Users 2 Posts: 2,947 ✭✭✭orangerhyme


    They obviously care.

    They've been throwing money at the problem for a few years now.

    If it's any comfort, I'm pretty certain we've hit an equilibrium in Dublin. So wages will rise faster than rents or house prices.

    I think the rest of the country will follow in a year or so.



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


    How many of those countries look down on renters as "dead money" shaming them? How many of them have no plan for renters in retirement. Solving those two issues would actually solve the housing crisis without needing a massive crash



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


    No idea how anyone could claim they have done nothing.

    Ireland isn't a playground for multinationals and the only reason we are in a good position is because of the multinationals.

    Plenty of Sinn Fein accounts across all social media telling the same story as if its from a play book provided to them. When asked for details/fact etc they don't appear.

    Mary Lou and Sinn Fein are a total disaster. When Sinn Fein took over DCC they drove it into the ground and DCC are still trying to recover. Check the facts on SinN Fein and housing in the North which is worse than the Republic and run by Sinn Fein.



  • Registered Users, Registered Users 2 Posts: 21,327 ✭✭✭✭Donald Trump


    It's impossible to get average prices down to 300,000 without a crash or recession.

    Well if you are going to define a crash based on housing prices decreasing, that is a tautology



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


    We are not in a good position. The country is a nightmare for young people. This is like that 2016 slogan that backfired, Keep the recovery going. WE'VE NOT FELT A RECOVERY. The last time things felt normal was in 2008 and I was still a teenager. The life I grew up with is gone for working class people. Thats why young people are not supporting Fianna Fail or Fine Gael. But you ignore this. You never address the issues


    I grew up in the Celtic Tiger. New cars, everyone buying homes, holiday homes etc. You need to realise thats normal for my generation and we cant have the lifestyle we grow up having as normal. We cant even own a decent house



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  • Registered Users, Registered Users 2 Posts: 5,506 ✭✭✭silliussoddius


    If multi nationals leave then the people who worked there have to find new jobs, Ireland pre multinational Butlins wasn't exactly a manufacturing or employment wonderland.



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


    I think you will find that not everyone in the Celtic Tiger was buying new cars and new homes etc.

    The issue here is you are making stuff up.

    As I said already anyone that looks into Sinn Fein housing history will realise every quickly we would be in a lot worse situation with them in government. Mary Lou statement today again confirms this.


    That's my last post on the topic. As I said the dramatic posting to me is just made up! best of luck buying that apartment!! I gave you the best advice I could but you ignored



  • Registered Users, Registered Users 2 Posts: 2,947 ✭✭✭orangerhyme


    I didn't define it by anything.

    The only way to get prices to drop that far is to drastically reduce demand, which would only happen in a crash or some other catastrophe.

    You can increase supply all you want, but it's impossible to hit that target.



  • Registered Users, Registered Users 2 Posts: 2,138 ✭✭✭Jizique


    That not great news for tradespeople who are doing very well now esp from refurbishment jobs - why should they suffer, and should we not train loads more doctors and nurses so that theie pay can also fall, saving the health service a packet?

    Can we do the same with lawyers and accountants?



  • Posts: 0 [Deleted User]


    300k less the required 10% deposit is 270k. A couple can borrow 4 times their combined incomes. That requires an annual income of €33,750 per person. It is not hard to get a job in Ireland that pays that salary.



  • Registered Users, Registered Users 2 Posts: 2,947 ✭✭✭orangerhyme


    100% agree.

    I see no competence in SF.

    People will vote blindly for them in the expectation they'll make things better, but the opposite is more likely.

    Mary Lou is already electioneering dog whistling on immigration and making false promises.

    Eoin O'Brien can't do basic sums and is their housing expert and has written a book on it.

    He's considered one of the top talents in SF.

    Mary Lou has blatantly lied numerous times.



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


    They have no coherent plan on anything. Even when they released an "alternative budget" they had errors in it and had to pull it. Honestly how would anyone put these people into government

    Name a topic and they fall flat on their face 2-3 questions in.

    Some people just don't want to hear it and believe the magic money tree story they tell. It's shocking stuff



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


    Its believe they can change things or accept I'll never have a secure home and face a retirement into poverty.



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  • Registered Users, Registered Users 2 Posts: 2,947 ✭✭✭orangerhyme


    You're describing a fantasy. This was a huge bubble created by FF.



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