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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: 27,474 ✭✭✭✭GreeBo


    Well the average 3 bed semi in Ireland is over 100m2, so you havent actually built a house yet. You also have no plumbing or electricity, plaster, paint, carpet, heating, etc, etc. Giving example costs and then comparing them to the cost of a fully finished, 50% larger house is kinda pointless, no?


    How many days did it take you? What would that have cost using your current salary rate? How much liability insurance did you setup while doing the job?

    It will always be cheaper to do something yourself compared to paying a professional, but its not an apples to apples comparison, unless your solution is for everyone to build their own houses?



  • Registered Users, Registered Users 2 Posts: 27,474 ✭✭✭✭GreeBo


    Sorry, what exactly did Mary Lou suggest to lower prices?

    In that vein, I "suggest" that everyone earns more money. Boom problem solved.



  • Registered Users, Registered Users 2 Posts: 6,832 ✭✭✭gameoverdude




  • Registered Users, Registered Users 2 Posts: 27,474 ✭✭✭✭GreeBo


    Everywhere I have lived has had a good community without multiple generations of the same family living there. In fact everywhere I know that has what you desire has had nothing but anti-social behaviour issues.

    Ok, lets imagine an estate with 100 houses to keep it easy. Where exactly do you want the kids of these 100 families to live? On average we will have about 200 kids looking for places to live. Where do we put those houses? Kinda seems like a some point, someone is going to have to live further away than they want to. And that new area will be encroaching on some other community at some point, increasing the problem.

    Fast forward a few generations and you are where we are now. Its simply not possible to create what you desire forever.

    It falls apart with even the most basic example, because, as I have said, land in an particular area is a finite resource.



  • Registered Users, Registered Users 2 Posts: 3,254 ✭✭✭MegamanBoo


    Semi-d will have shared walls, so even if 30sqm larger quite similar in terms of blocks, slates, insulation etc.

    And yes of course there'll be more materials overall, but we're forever hearing certain industry figures telling us how much this or that material went up, as justification for proportionally far, far greater end price increases.

    I've not talked anywhere about the price of doing things myself... I've given actual tradesmen's rates, against builders quotes to show how much profiteering is going on.



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  • Registered Users, Registered Users 2 Posts: 27,474 ✭✭✭✭GreeBo


    If you employed the trades yourself then you are managing the project yourself, a job your builder would be doing for you.



  • Registered Users, Registered Users 2 Posts: 1,723 ✭✭✭Finty Lemon


    Ireland's house affordability (price v income index) is pretty close to the average of OECD countries. Better than NZ, Canada and Australia in this regard. Don't be expecting miracles if you are moving there to escape the 'housing crisis' here

    House price relative to median income by country (OECD)

    Portugal              147.99

    Canada                140.23

    United States    132.54

    Czechia                131.08

    Luxembourg     130.40

    Netherlands      129.83

    Austria                129.73

    New Zealand     121.96

    Australia             121.73

    Switzerland       119.42

    Spain                   119.39

    OECD - Total      118.06

    Estonia                116.60

    Germany            116.11

    Hungary              115.79

    Greece                115.06

    Norway                115.03

    Japan                  114.58

    Slovenia              114.23

    Ireland                113.92

    UK                        113.72

    Chile                    113.54

    Euro area            111.12

    Euro area (17 countries)              110.37

    Latvia                  107.78

    France                102.74

    Denmark            102.72

    Lithuania             101.24

    Belgium               100.67

    Sweden                100.58

    Croatia                99.69

    Poland                94.98

    South Africa       93.67

    Italy                     89.32

    Finland                86.25



  • Registered Users, Registered Users 2 Posts: 3,254 ✭✭✭MegamanBoo


    So the 4k the builder would be adding to the price is for 'project managing' a 3 day job!

    Like I said, profiteering, plain and simples.



  • Moderators, Entertainment Moderators, Social & Fun Moderators Posts: 20,617 Mod ✭✭✭✭Leg End Reject


    And did an engineer oversee it to ensure it meets building regulations?

    Your example isn't relevant to building a house @MegamanBoo .



  • Registered Users, Registered Users 2 Posts: 3,254 ✭✭✭MegamanBoo


    I know that of course there are other costs when building a house.

    I'm giving examples of raw material costs because we keep hearing about how expensive these have gotten.

    In reality they don't make up nearly as much of the cost of a house as people are led to believe.



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  • Moderators, Entertainment Moderators, Social & Fun Moderators Posts: 20,617 Mod ✭✭✭✭Leg End Reject


    You don't have wall or ceiling insulation, slabbing, plastering, external render/brick, no fitted kitchen, utility room, sanitary ware in the now standard downstairs loo, ensuite and bathroom, tiling, plumbing, electrics, triple glazed windows and patio door, composite front door, central heating system, oven, hob, flooring, wired for an alarm. Even smaller things like smoke and carbon monoxide alarms. None of it is certified. These are all standard in a new build home.

    If you want electricity you'll need an electrician and a certificate of compliance, gas heating you'll need a registered plumber etc. That's an additional cost.

    Did you at least obtain planning permission?



  • Registered Users, Registered Users 2 Posts: 1,848 ✭✭✭Jack Daw


    She didn't suggest anything yet but she at least recognized the costs were too high but as soon as that was stated publicly Varadkar didn't like it.This is exactly the problem, housing costs are too high, the government needs to accept this and try to reduce them , not to expect everyone to have to pay multiples of what previous generations did and think that this is ok. The younger generation have made much greater efforts to better themselves than previous generations and yet it still doesn't result in them having the same opportunity to own their own home, usually the whole point of a sensible society should be that if you work hard you get rewarded for it.Not everyone can get a better job or a promotion if that were the case you;d have a society full of management and nobody doing any work in any business.

    I've just listed a number of ways to help the housing issue in my post above.

    Housing needs to be classed as infrastructure, something that is necessary in order to for society to function properly like the roads, electricity, water system etc are.

    You haven't suggested anything , your entire contribution to this debate has been tough **** just deal with it.This is a fairly important issue that has impacted and is going to impact the country in future years and yet their has been no proper attempt yet to solve it



  • Registered Users, Registered Users 2 Posts: 27,474 ✭✭✭✭GreeBo


    Yeah, thats exactly what I said. Come back to us when you have public liability insurance, run payroll, health and safety, pensions, paye, etc, etc.



  • Registered Users, Registered Users 2 Posts: 27,474 ✭✭✭✭GreeBo


    Can you give an example of when the younger generation have not had to pay multiple of what the older generation paid for the same house?



  • Registered Users, Registered Users 2 Posts: 27,474 ✭✭✭✭GreeBo


    No, my contribution (along with many others) has been to point out that its always been like this and always will be, for the umpteenth time, due to supply and demand for a limited resource. So to get around this, you need to improve your lot over what your parents had. If they were minimum wage workers and you are also a minimum wage worker, then you are not going to be able to compete with the many non minimum wage workers who also want to live where you want to live.



  • Registered Users, Registered Users 2 Posts: 1,848 ✭✭✭Jack Daw


    The vast majority of people have improved their lot over their parents generation though.Almost everyone has better education and better job than their parents and sill this isn't enough.That is evidence that there is a problem that needs to be fixed.

    People know it is a supply and demand issue, and have suggested this needs to be fixed.Once again you aren't making any point.



  • Registered Users, Registered Users 2 Posts: 664 ✭✭✭MakersMark


    No security when renting?

    Irish tenants are the best protected in the world.

    Non paying tenants can expect to enjoy 2 years free rent before a District Court will issue an eviction order.


    Stop spreading fake news and cop on.



  • Registered Users, Registered Users 2 Posts: 239 ✭✭tikka16751


    What’s in vogue today with Mary?



  • Registered Users, Registered Users 2 Posts: 21,831 ✭✭✭✭Water John


    Thought she'd be more a Cosmpoliton lady. The only generation who had low house prices relative to their wage was the 1970s/80s. Sadly this then was at the price of a major part of that generation emigrating.



  • Registered Users, Registered Users 2 Posts: 27,474 ✭✭✭✭GreeBo


    Again, you cant "fix" a supply and demand problem when you are dealing with a finite resource and people are unwilling to lower their expectations.



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  • Registered Users, Registered Users 2 Posts: 18,557 ✭✭✭✭Idbatterim


    A limited resource. Youre right. This resource is purposely limited... funny covid etc hits and the dramatic action and money no object ... the housing excuse ?



  • Registered Users, Registered Users 2 Posts: 27,474 ✭✭✭✭GreeBo


    Ok, so who is purposefully limiting the amount of land available for building on in, say Dalkey as was mentioned earlier?

    lets say you wave your magic wand and every unoccupied site is made available and built on and its still not enough. Who will you blame then?

    Its finite because there is never going to be any more land. Once you build a house on a plot thats it, there is now one less plot. Its not some great conspiracy by the fat cat bankers to keep the honest working man out of the housing market. Its just what happens when something is finite.



  • Registered Users, Registered Users 2 Posts: 18,557 ✭✭✭✭Idbatterim


    For anyone interested in why government love rip off property, take a look at the brilliant Australian documentary below... realestate4ransom




  • Registered Users, Registered Users 2 Posts: 6,438 ✭✭✭Flaneur OBrien


    My great aunt and uncle had social housing in Dalkey. They were called corporation homes back in the day.

    Social housing should never, ever be sold off to the public, imo.



  • Moderators, Home & Garden Moderators, Technology & Internet Moderators, Regional East Moderators Posts: 12,662 Mod ✭✭✭✭2011


    So Mary Lou has not suggested how to reduce the cost, quelle surprise!

    I guess she could reduce the wages paid to various trades? How do you think that would that work when we have a shortage of qualified trades people?

    Perhaps reduce stamp duty or VAT on materials? Experience would suggest that these savings are not passed on.

    How do you think she will achieve this dramatic reduction in cost?

    Did it ever occur to you that Mary Lou was just spouting populist shite?

    Personally I think the best way to make homes more affordable for the average person is to increase their earning capacity by making educational courses more accessible and more affordable. Many out there need to lower their expectations for their first home and be prepared to make some sacrifices.

    There is some great value out there at the moment for those that are prepared to purchase homes outside of areas such as Dublin and Cork. The TV series “Cheap Irish Homes” has demonstrated this. Now that fiber broadband is finally being rolled out to less densely populated areas many can work from home. This makes living close to Dublin/Cork/other city unnecessary. This is the type of thing previous gene would have done in a heartbeat.

    Maybe a first home has to be in a less than ideal location and once some equity has been built up there will be an opportunity to move to a more desirable location.

    I moved out to “the sticks” myself and got some great value.

    I feel that too many people think that they should be able to afford an “average 3 bed semi house” close to Dublin City center, designer clothing, the latest iPhone, holiday abroad every year, great social life, despite the fact that they earn less than the average wage. Life just doesn’t work like that and it never will.



  • Registered Users, Registered Users 2 Posts: 27,474 ✭✭✭✭GreeBo


    Well unless you have invented a self replicating house that doesnt require more land, that really doesnt solve the problem, unless you also require the population to stay at the level of generations ago?


    Meanwhile I 100% agree that social housing should always remain the property of the state. Selling it off, typically below cost, is the most asinine of "solutions" to anything.



  • Registered Users, Registered Users 2 Posts: 1,848 ✭✭✭Jack Daw


    Again none of that addresses the issue that previous generations were easily able to afford home despite not putting as much effort into educating themselves and progressing in their careers.

    Population of Ireland has increased by 30% in the last 20 years and the number of houses being built has not kept pace with that demand.That is the issue.Until people accept that not enough houses are being built to cater to our population then nothing will change.

    More houses need to be built. Simple as that.

    Everyone's earning capacity can't be increased if it was it would mean we would have a society with nothing but managers and nobody doing any work.There is a shortage of supply of housing , this needs to be addressed.As I said in an earlier post there are ways to do this:

    • So many empty houses all across the country that have been allowed to rot, this issue could be addressed fairly easily of they wanted.
    • Allow more high rise apartment buildings in cities.
    • Build more houses in areas that need them.
    • Start training programmes to get unemployed people off the dole and into a trade so this reduces the labour shortage, seems the lefties in Ireland like to let the unemployed rot for eternity rather than do something to improve their lives.


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



    You posted on another forum looking for price for cavity insulation. Now you claim to know how to price the materials and labour for a house. Something not really adding up here!!! (See what I did :-) )



  • Posts: 14,708 [Deleted User]


    Which generation were easily able to afford a home?



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  • Registered Users, Registered Users 2 Posts: 7,270 ✭✭✭Allinall


    I too would like to know the answer to this.

    Its rose tinted glasses stuff.



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