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

Not sure why you are arguing for the sake of arguing. I made it clear that I did not see the original post and I also made it clear that I based the calculation on the claim that it was 10x from the mid-1990's which was implied at the time as it was made when the topic was 1990's vs today.

Here ya go, to make it easy for you like

And this is the initial post in that particular exchange which indicates the 10X was 1990's vs today

But you keep doing you! (And your "Christ on a bike" dramatics!)

Yeah, and as has been pointed out, its not over 5x, its just over 3x and also it was 1980.

Define "should" cost for us please? Whats is based on. Whats a "decent" living?

How far back in the supply chain are you going to go? i.e. how realistic are your made up material costs?

tbh this feels very much like some pseudo socialist nonsense where I pay for my house out of the bread and milk on my farm.

Perhaps working the same job as someone did 40 years ago isnt a great strategy? Coal mining used to be a great gig, not so great now. Its almost like times change and if you dont move with them, then your expectations need to move.

What could be the cause of that 10x jump? Could it be demand perhaps? How do you propose we solve that demand. Build a couple more storeys onto your parents house so you can live upstairs?

You really think people don't move with the time and are stuck in supposedly dead industries and that is what is stopping them owning a home?

Most people in their 20's and 30's today put far more effort into their education and careers than their parents generation and yet are still not able to afford a house despite doing everything right.

People of my parents generation could do the bare minimum , no college and just normal jobs and be able to afford to buy their own house .You had that attitude today you'd barely be able to find somewhere to rent never mind a place to buy.

There is something wrong with the system when the current generation who make much more effort get less opportunities to own a home than the previous generation who made much less of an effort.

All the data points to home ownership being much more unattainable today than it was for the previous generation yet you've decided to just ignore this.

The issue is that government policy over the past 15 years means that they think it is OK to have this situation to exist and screw the younger generation over in comparison to previous generations.

I'm building a large home office/granny flat at the moment.

72sq m cavity walls. Slate roof, insulated concrete floor.

In terms of materials not far off a typical semi d.

Blocks are costing me about 4k.

Slates I think 2k

I'm going to pump the walls but were I going to 150mm pir which I think are today's regs, I'd be looking at 5k.

My site is wet and sloped so a bit trickier than a typical semi-d but I'm looking at about 8k materials there. Foundation concrete, steel, insulation.

It sounds so cozy, those lovely concrete blocks to rub up against every night, lying on that cozy solid concrete floor looking up at the slates as the rain patterns against them, I'm sold!

From now on houses should cost 10K, anything else is a complete rip off. Btw can you share the video of how you get the slates to hang in mid air? Also how you get them up there without any scaffolding etc? At least you never have to worry about woodworm or rot, since your house doesnt appear to have any timber. Though maybe it does and I just cant see it as you dont have any wiring or lighting either.

You really are a hardcore builder, its a pity your house wont have any, might help with the sloping site? then again some drainage might help also, but you dont appear to have any of that pesky stuff. I guess there is no point as there are no fascias to hang gutters from, unless you can get them to float like the slates?

Seriously, I cant wait for your vlog on youtube.

Dav10, you post a lot on here and give the impression of being of the older generation and late in your career. We'll assume that you have progressed through your career and are at the peak of your earning capacity up to now. You don't need to give us absolute figures, but is your annual income from employment more than 20% of the value of your house? For some people that will be the case, for others it won't.

In ones own career, you get the benefit of regular inflation increases to your income as well as jumps for promotion etc. due to experience and taking on more responsibilities.

1: You seem to be under some insane idea that staff that work in say, a supermarket in Dalkey shouldn't be able to live there. What is that about? Where you have nice areas, you have service staff. Those staff need housing. They should also be able to raise a family near where they work. Do you think all service jobs should be worked by students or something?

2: "It's pie in the sky stuff, what your parents, grandparents and so on had." Right, why is that?

3: Say I'm a single man from the area, I apply for a one bed apt in my area, get it. I then meet the woman of my dreams, so we apply for either a two bed apt in the same area, or a 3 bed if we're hoping for a family. We get a 3 bed house, raise a family. fast forward 20 years. It's only myself, the marriage didn't work out, but the last of the kids have gone to college. I don't need the 3 bedrooms anymore, so apply for a two bed, so the kids have somewhere to stay when they come over. And when I get into retirement age, there's one bed assisted living flats I can move into.

You may say this is pie in the sky, I see it as aspirational and something to work toward as a society.

Neither, I'd like to stay in Ireland. 🤷‍♂️

I thought it quite obvious I was only giving some example costs.

Let's face it the cost of materials make up a relatively small amount of the 375k we now see for the average semi-d.

As for labour costs. I was quoted 5k recently by a local builder for what amounted to 2-3 days work.

The wages his tradesmen would have been paid, including holidays and prsi, about 800. Typical of some of the price gouging going on now.

https://connectunion.ie/new-electrical-contracting-industry-rates-of-pay/

I did the job myself in the end, might even put the results on my vlog. ;)

In this banana Republic? Non of them... but it shows how resistant to dealing with the problem they are, that they will accept large seat losses to maintain the status quo. They had to increase supply, but upping the amount that can be borrowed, does increase supply but even better for them, it also increases property prices. ..

I'm not going to spend the night arguing with someone I have nothing in common with.

You cannot expect to have a good and long lasting community, if you don't have have a few generations of the same family living there. The councils and govt should realise that. That goes for supplying housing for younger people in Dalkey/Blackrock/Howth as much as it does supplying jobs in Mayo and Roscommon.

People should be welcome where they grew up and there should be a concerted effort to keep that going.

Anything else is just kicking a can down the road.