https://www.businesspost.ie/news/uk-fund-snaps-up-85-of-dublin-17-housing-estate-originally-aimed-at-individual-buyers/
I though they banned this from happening?!
So, nobody really knows then, do they? Which was my original point.
Did you see the source that was in the first line of my post?
Yep just saw it now, you underlined a word as your source.
I read the source, and the article is nonsense. As I said, the census data includes people renting a room and possibly other types of tenancies. It even quote the RTB further down who contradict the whole story of tenancies rising, so the article author put their own opinion at the top and buried the facts at the bottom of the article.
Registered tenancies cover rented properties.
david mcwilliams mentioned this recently, so you re not wrong, there definitely is a misallocation occurring, and some of those workers could be moved more so towards residential, im sure it would help a lot, but im still not convinced it would be enough, but who knows, but the reality is, it hasnt happened yet, and may never.
commercial markets look like theyre in trouble, there maybe a slow down there, maybe even a crash, but who knows again, if there is, that doesnt necessarily mean lads would simply move towards residential, and there would probably need to be some sort of state intervention to do so, so best of luck with that one....
disagree with what? that the issue could have been foreseen and solved
its really been going on for 25 years, they let the housing system boom and then bust
they should have stepped in to keep a whole generation of architects, engineers and tradesmen in the country rather than let them emigrate
they should have stopped the building boom in the first place
they did nothing to solve the problem
this is all part of the issue, you have unneeded office blocks being built, why, because they are in the planning pipeline, takes ages to see these things through
need to pivot
agree with pretty much everything there, but you must realise where most of our political parties are coming from, its fundamentally based in their deeply flawed, and frankly wrong ideologies, but they are refusing to accept this, so now, their toast....
A lot of the skills for office space are not transferable to housing. If the office block are unneeded then why would companies build them? they have to have a market once they are built.
They were likely planned before Covid.
In Ireland planners rarely turn down office buildings, particularly for the big Multinationals who pay huge corporation tax.
They do frequently turn down housing developments though. But if there is an oversupply of office space, they should be converted to accommodation. It makes little sense for people to be commuting in and out of the city at the scale they are doing.
demand for commercial has changed rapidly over the last few years, since covid, it can take years from plans to create such property, so its very difficult to simply pivot, commercial tends to be very complex, and extremely costly, so a lot at stake, a lot of debt taken on board. when the plans to build were created, demand was there, decisions would have also been made based on projections, i.e. projected demand, i.e. guess work, but with intelligence of course, then covid, and then bang.....
again, we re not the only country struggling with this one, commercial looks like its in trouble in many countries, fears are growing over it, as many investments, and investment funds, including pension funds, are involved, so lets see what happens....
You'd imagine it wouldn't be that difficult to convert them. The biggest issue would be the open plan nature of a lot of offices. But the plumbing, etc would be mostly there.
Going forward though there should be conditions on new office buildings that they should include some accomodation, or else could be easily converted to accomodation if required.
https://archive.is/20240108171758/https://www.businesspost.ie/news/uk-fund-snaps-up-85-of-dublin-17-housing-estate-originally-aimed-at-individual-buyers/#selection-635.0-635.86
Still available but original seems to have been pulled for some reason. Not sure why as there doesn't seem to be anything wrong rather than being worded slightly emotively.
that is simply not true on the skills
its like stopping an ocean liner, could take 10 years to get built, just like it might take 10 years to get an estate built
you can't stop it without costing money etc etc
look at vacancy numbers on office buildings
im sure some skills are not transferable, but id have to agree, give lads a few weeks/months, and it probably would be fine....
..or try create buildings with flexibility, to make it easier for conversion from commercial to residential....
Most companies are moving back towards the office after the "work from home" hype which happened post covid. A few started with 1 day a week in office, which then moved to 2 days a week and now 3 days a week etc etc
The traffic going into city centre is on the steady increase as well, which would suggest more people are been brought back into the office. Even walking around the office areas it seems, to me, a lot busier than lets say 12 months ago
I'd trust throwing darts at a dartboard and allowing that lead my economic policy more than I'd trust Mcwilliams with a simple question.
those companies held office throughout which is why they are forcing the move back
those offices werent vacant
there is still a lack of demand for office space
A lot of office work is steel work and concrete shuttering. This is not a skill required for housing.
Crane drivers, not required
Electrician can transfer but most on office would be 3 phase which is not required for housing. A 3 phase electrician demands a higher wage
The interior work of office is different to housing.
Hence why you have companies who specialise in housing and those who specialise in office
Of course you can reskill, but then you are left with a shortage on office construction workers.
there is one other big issue, other than the wate of building more commercial and the resources being taken away from residential! the land if it is suitable for residential being squandered on commercial. These funds chase the biggest return, understandably. There has been far too much commercial built and far too little residential, why? because something, something "the market". If all the government are interested in, is allowing companies max profitisation against societal needs , yeah that is a serious problem and we are witnessing the results...
yes 'many' office based workplaces are indeed moving back into the office, but many simply arent, theres been a significant rise in permeant work from home, and hybrid jobs, since covid, causing and over supply in commercial, again, we re not the only country experiencing this.....
yes, theres been a significant rise in footfall, but.....
seriously, are we getting this childish now!
yea, we re experiencing some sort of collapse of this type of thinking and its outcomes, and again, its not just here, so we re starting to move towards the extremes to force it to change, gonna be very painful though.....
housing includes apartment blocks, which are for all intents and purposes office blocks
they need crane drivers
the rest is an easy switch
you don't lose the skills after
there are plenty of developments with apartments and houses on the same site, done by the same company
there are other reasons they specialize
I have posted on other thread like this that Dublin should only build apartments, but that gets shot down
The thread is about houses and not apartments so that is why I said the skills won't transfer. Irish people seem to be unwilling to live in apartments. Which is crazy but thats seems to be the issue
no it should build a mixture
this thread is about housing not houses
i'm currently looking at people living in apartments, no doubt renting, plenty also own
Capitalists motivated by greed seek their own gain by maximizing profits.
we require both apartments and standard housing, reported by many respected commentators, and for a long time now, this can be clearly seen....
plenty of irish people are willing to live in apartments, from students, to workers etc etc, theres a strong demand for this, particularly in our major cities....
it makes sense that many of these skills are in fact transferable, but of course not all...
surely builders can make more money by selling more houses
As opposed to each person building their own?
thats a bit simplistic now, but definitely is a part of it, but in saying that, capitalism is definitely the way to remain, for now anyway....
The original post was about houses. So sorry for that mistake
Only 30% of housing is apartments, we only have 11% of the population in apartments. Even in Dublin it is 32%. This is based on quick google so number might be wrong but seem to be right. That is not a sustainable model to mass move people from commercial to housing.
In the likes of Dublin I would block all house for 3-5 years. Only large scale apartments like they have in Germany etc which has parks etc. This is how to resolve the housing crisis while keeping the ability to service with public transport etc. After that period look at moving back to a mix
....so force couples and families out of dublin, and increase the numbers commuting, sounds great!
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