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

Indo today- 33k housing unit commencements in 2023.

42% in Dublin so circa 13,500 Dublin units off the top of my head.

13k apartments nationwide, 75% in Dublin.

So that's circa 9750 flats in Dublin.

Virtually all flats would be either BTL or council with probably few to none available for general purchase, and at least 15%, but no doubt more, of the circa 4000 new houses in Dublin built for councils and AHBs or sold to the council as the Part V requirement.

Fcuk me, exactly how few new houses are available for general sale in Dublin?

We are in the middle of a construction boom and yet there was probably more new houses being built and sold in 2011 when there was sod all building going on.

You Will Own Nothing and You Will Be Happy.

This is absolutely deliberate make no mistake.

Years into the crisis? Foresaw Covid, migration, or the war in Ukraine did you?

The simple fact is no Government, or indeed change of Government, was going to see the crisis in advance, or will accelerate the building of houses over what's being done presently. It's all BS to complain about and say something should have been done before the fact.

After the crash there was any amount of empty houses, rentals and cheap houses to buy, yet there seems to be some soothsayers on here stating that that was the ideal time for the state to engage in the building of thousands of them, absolute nonsense.

The lack of house building in Ireland has been a known huge problem since 2014. Covid (in 2020), or the war in Ukraine (in 2022), are not what caused it, and are no excuse for it still being ongoing.

Thats some hilarious effort to brush off the utter failure of multiple Fine Gael governments over the last decade to fix the problem in any way.

The opposition parties may not be able to do much better on housing, but they absolutely can't do worse. And they can at least try, and have laid out plans to build far more housing than our current government are aiming to. We have a decade's worth of real world evidence that FG in particular have no desire to build housing.

[2016] How Ireland's housing crisis grew out of control

https://www.thejournal.ie/snapshot-of-one-county-how-irelands-housing-crisis-grew-out-of-control-2825668-Jun2016/

[2014] "THE HOUSING SHORTAGE in Ireland could become a “full-blown crisis” if nothing is done about it – and the government needs to address this in Budget 2014.

https://www.thejournal.ie/threshold-pre-budget-2014-submission-1078664-Sep2013/

Did you read the comments below your second link? Didn't seem to be a lot of support for what he was proposing, even if it looks to be pretty prescient.

Meanwhile this was SF's alternative budget in 2014, not much mention of a housing crisis there..

What exact policy tools does DCC have that allow it to fund and build large numbers of social housing?

That policy is controlled at national governmental level, not local council.

Thats their budget published in October 2014, the year I mentioned.

His link only contains their budget from October 2013.

So I'll ask agian, what exact measures should DCC have used that were available to them? Or are you, as usual, talking nonsense and going to stop replying when asked for specifics?

Because you still haven't replied to the questions asked repeatedly of you on the last page by myself and other posters, when you were last called out on your claims:

https://www.boards.ie/discussion/comment/121610334/#Comment_121610334

"impossible to predict"

As per my post below yours, of the 13,500 units commenced in Dublin in 2023 probably less than 3000 will hit the open market.

All of these aimed at the high earning buyer, I'm not sure even a 2 bed terrace can be bought for less than 380k any more within Dublin.

3000.

And probably 16,000 Dubs hit adulthood yearly. Plus migration.

They're fcuked.

Anything published in October 2014 is for the 2015 Budget, so if you are looking for the 2014 Budget, you look to October 2013.

I would have thought this was well-understood.

If only there was some way to find out!

"https://www.myhome.ie/residential/results?localities=1365|1406|1430&region=1265&types=97&maxprice=375000"

Oh look, 325 of them.

I didn't make any claim about which financial year's budget the publication was referring to, merely when it was published - ie when awareness of the problems discussed in it was common. Which in this case shows awareness of the housing crisis existing long, long before 2020 - which is when the poster I was replying to claimed it began.

And what policy tools exactly would DCC have used to build these houses?

Large scale social house policy is decided, funded, and directed from national level. Its either deliberately deceptive, or just uneducatedly ignorant, to claim that DCC could have gone on a solo run in the mid 2010s building thousands of units of social housing, against government policy. The problem here was national policy.

DCC had €40m in uncollected rent they could have used, and there was an unused allocation of €300m from the Government at the time to build houses, not to mention the crazy situation where the councillors instructed the council to object to their own plans for housing.

They literally had the money allocated from government but their incompetence meant they didn't spend it!!

There were 4000 houses commenced within Dublin in 2023.

If we assumed these were all private builds, then at least 600 would go to the councils.

But they won't be all private builds- some will be all council/ AHB estates, others will be private builds where at least 15% will go to the council.

So all up I'd be surprised if 2500 actual houses eventually go on sale (I'm not sure any new flats go on sale any more, the bulk of projects are commissioned by investment funds or councils/ AHBs)

As for what difference does this make- some people would prefer to buy a new build (why- I don't know. Ugly as sin, management companies, you couldn't pay me to live in one).

A lack of new builds means people who otherwise fancied one have to cut their cloth and hit the second hand market.

The more buyers who crowd into that market the more pressure it puts on the cost of existing housing- directly linked to the lack of new supply for purchase.

A few pages back someone was crying that Irish people as a society need to cut their cloth when it comes to the 3 bed semi.

What I find funny is how the upper classes have to cut their cloth- if you told someone graduating from wherever in 2000 that in their early 40s the sum total of their hard work would be a pokey 1940s ex corpo in Crumlin they'd have laughed at you, as a spacious semi or even a stand alone in the DLR area was more in keeping with their expectation.

If I broke my savings and poured my soul into a 4 yr degree plus a masters plus a PHD plus a whatever, and after all that I ended up paying 370k for a two bed three doors down from Fat Freddie's mates in Crumlin, I'd be a tad questioning where did it go wrong.