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

Again, you're saying they had uncollected rent. So if they had collected the rent, then what? What exact policy tools were available to them to build thousands of houses?

The reality, which you seem unaware of, is that DCC don't have the power to engage in a large scale social housing programme like that. That decision making is at national level. Its the equivalent accusing DCC of not spending uncollected rent on buying fighter jets, if that makes things any clearer for you.

My initial post literally had [2014] on the first link. Thats the year I referred to. Its quite clear.

And, again, trying to argue the semantics of 2013 vs 2014 doesn't change the post I was replying to - which claimed the housing crisis only began in 2020, and nobody was aware of it or proposing solutions to it before then. Are you trying to agree with that post?

You didn't answer. You have yet to list a single policy tool DCC should have used.

You're posting 400+ times a month on this forum, repeatedly ignoring questions. Approaching 15 posts a day, every day of the week, for months on end. Thats hours a day of your life. Are you ok?

€40mn of rent arrears, at €400k a housing unit? The maths on that aren't particularly hard surely, a grand total of 100 housing units.

No, even council built prices are through the roof:

The review found one-bedroom apartments provided directly by the council cost €335,000, 11 per cent above the equivalent figure for AHBs (€303,000) and 34 per cent above the figure for “Part Vs “(€250,000).

For two-bedroom homes, the council construction costs of €514,000 were 23 per cent above the AHB average of €418,000 and 44 per cent above the Part V average €358,000.

The council paid an average of €600,000 for the construction of three-bedroom apartments during this period"

https://www.irishtimes.com/ireland/dublin/2023/02/15/dublin-city-council-pays-40-over-the-odds-for-social-housing-audit-finds/

DCC realistically would need a huge injection of funding from the national government, as well as longer term policies like training apprentices, guaranteed decade long contracts for builders etc, to be building the thousands of social housing units per year that are required. The tools aren't there at present to come anywhere near meeting the demand.

In the late 2010s a Co Op seeking only a 5% profit built 3 bed terraces on DDC owned land in Ballymun for 165k.

It shows what absolute robbery is being committed when e DCC claims it costs them 400k a go.

Costs have risen since 2018/19 but not by 2.5 times.

Its just not just the costs that have risen, the regulations and thus the quality have also risen.

You might as well compare a Nokia 3310 to an iPhone and say its criminal the price difference.

As long as the elephant remains in the room of mass migration and its direct effect on housing, we are guaranteeing a deepening housing crisis forever. That isn't hyperbole, it is forever.

That the constant arrival of extra people into the country just so happens to coincide with housing shortfall, year after year, is asking yourself to discard your brain. Coincidence, it is not.

Arguing over the cost of bricks against such a reality is practical insanity.

There are many crooked schemes afoot in all shapes and sizes, from international vulture funds to shady hotel deals, but the one thing they are all predicated upon is the bed rock of misaligned demand.

Take that demand away and all of it collapses. No need to talk about the impact on the neoliberalism fantasy of the Irish economy, because that economy is doing sweet eff all to improve the infrastructural shortfall. The mindless pursuit of that magic economy is, in actual fact, the driving force of infrastructural collapse.

If you want to solve the housing crisis and reduce overall cost, tackle the artificial demand. Anything and everything else is worthless without it.

There was a separate housing crisis created on ridiculous credit lending.

There is a very distinct timeline of events that separate that housing crisis versus this one.

It's a fools errand to pursue an economy that cures none of the increasing infrastructural deficit, yet relies on migration that increases infrastructural deficit.

Or if you rather, our living standards are going down the drain in many important and impactful ways as the system works, so warning that not pursuing that system will decrease those standards is moot.

As I said, a neoliberalism fantasy.

For proof, all one needs to do is observe as a matter of fact.

Without a growing economy, there are no funds to improve infrastructure.

There is a balance to be struck.

We do need immigration to fill jobs, but the level of immigration is a different question.