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Hi all, please see this major site announcement: https://www.boards.ie/discussion/2058427594/boards-ie-2026

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

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    #1952
    GreeBo
    Registered Users, Registered Users 2 Posts: 27,518 ✭✭✭✭GreeBo


    https://www.boards.ie/discussion/comment/121741284#Comment_121741284

    Can you define the income you classify as "top 10% of earners"?



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    #1953
    BillyHaelyRaeCyrus
    Registered Users, Registered Users 2 Posts: 313 ✭✭BillyHaelyRaeCyrus


    https://www.boards.ie/discussion/comment/121741346#Comment_121741346

    So where would you expect median income single people to live? I would consider somewhere like Lucan, Rathfarnham to be average areas as I grew up in a similar 60s built area with only one parent working. And I'm early 30s. Yet now 1 salary only buys the areas that are old dumping grounds for problem council tenants



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    #1954
    BillyHaelyRaeCyrus
    Registered Users, Registered Users 2 Posts: 313 ✭✭BillyHaelyRaeCyrus


    https://www.boards.ie/discussion/comment/121741355#Comment_121741355

    In Ireland, the threshold for the top 10% of earners starts at gross personal earnings of just under €70,000 (€69,511.01) with the threshold for the top 1% beginning at just under €190,000 (€189,701.69). So given inflation, Id say 80k and over is top 10%

    https://www.joe.ie/business/highest-earners-ireland-704412#:~:text=In%20Ireland%2C%20the%20threshold%20for,€190%2C000%20(€189%2C701.69).



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    #1955
    BillyHaelyRaeCyrus
    Registered Users, Registered Users 2 Posts: 313 ✭✭BillyHaelyRaeCyrus


    https://www.boards.ie/discussion/comment/121741355#Comment_121741355

    how would you define an average earner?



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    #1956
    Cheddar Bob
    Registered Users, Registered Users 2 Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121741284#Comment_121741284

    The same started to happen in Cabra, Stoneybatter and Crumlin 20 odd years ago.


    It will reach Finglas when the Luas goes there.


    Dublin is fast heading the way London did by the 2000s- room for the wealthy and for those entitled to social housing only. If you fall inside neither cohort, commute from the bordering counties.


    Even the ridiciliously rich must be feeling it. 35 years ago a GP could probably buy in most of Dalkey. Today thise parts of Dalkey are for the neurosurgheon and the head of department- the lowly GP might manage one of the ex council houses there.


    Probably not what they dreamed of when they were filling out their CAO form.



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    #1957
    maccored
    Registered Users, Registered Users 2 Posts: 10,849 ✭✭✭✭maccored


    Why couldnt the government not tax anything related to building a house (or give tax free allowances under certain conditions). took the tax off the land being sold etc. How much would that knock off the price of a house? Bring council housing construction back under councils. There'd be plenty of ways to do it if there was the will to do it. Bite the bullet and fix the issue.



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    #1958
    SharkMX
    Registered Users, Registered Users 2 Posts: 1,457 ✭✭✭SharkMX


    https://www.boards.ie/discussion/comment/121724228#Comment_121724228

    Rents started increasing back then. The inevitable result of rent controls. Landlords started to offload houses and apartments. Councils started buying and renting them, so competing with buyers. More rent controls, therefore more rent increases. The thinking that i'll rent and not buy because its cheap enough went out the window and turned onto - Jesus if i dont buy something soon i'll never be able to save a penny with the rent is going up. Demand increased. Reits, councils and charities competing too. Prices shoot up to where people, reits, councils charities cant buy so all the stock isnt oversubscribed. We are not there yet.



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    #1959
    blanch152
    Registered Users, Registered Users 2 Posts: 33,195 ✭✭✭✭blanch152


    https://www.boards.ie/discussion/comment/121741012#Comment_121741012

    I have been living in Dublin 15 for the last 30 years or so. I pretty much know the area far better than most.

    You did shift the goalposts, nobody was buying in the vast majority of West Dublin for 220k to 250k which was your original claim, which you have shifted twice since. Now you are bringing Clondalkin into the discussion. Desperate stuff.

    I have produced a number of extracts from the Property Price Register that show clearly that you are wrong, that is evidence.



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    #1960
    Blut2
    Registered Users, Registered Users 2 Posts: 3,585 ✭✭✭Blut2


    https://www.boards.ie/discussion/comment/121742974#Comment_121742974

    Not just a GP, but a single income family of a GP would have bought a nice house in Dalkey or Blackrock or similar.

    Now the same single income family of a young GP would be limited to an ex council house somewhere like Ballybrack.

    Its an absolutely massive drop in living standards in a generation.



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    #1961
    blanch152
    Registered Users, Registered Users 2 Posts: 33,195 ✭✭✭✭blanch152


    https://www.boards.ie/discussion/comment/121742974#Comment_121742974

    You can only fit so many houses into Dalkey, of course the prices go up as the population goes up, that is always the case with the better areas.



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    #1962
    GreeBo
    Registered Users, Registered Users 2 Posts: 27,518 ✭✭✭✭GreeBo


    https://www.boards.ie/discussion/comment/121741367#Comment_121741367

    Its almost like there are more people looking to live in those same areas and demand has driven the price up?

    Mad huh.

    Rathfarnham and Lucan are not comparable places. Simply opening a map should explain why not.



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    #1963
    GreeBo
    Registered Users, Registered Users 2 Posts: 27,518 ✭✭✭✭GreeBo


    https://www.boards.ie/discussion/comment/121744563#Comment_121744563

    But the government should do something to magically stop this! Just like SF have promised.


    Its braindead stuff that requires only the most basic of common sense to understand.

    If your family had more than 1 kid, then you cant all live in the same house you grew up in. Extrapolate from that, thats why you cant live in the same areas your parents did for the same price. Demand. Super simple stuff.

    But again we will go around and around while people tell us how their milkman father could buy in Dalkey and now they have to store all their US shopping purchases in the parents bedroom because they cant afford a deposit. Really makes the avocado stick in your throat.

    Laughable stuff.



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    #1964
    TagoMago
    Registered Users, Registered Users 2 Posts: 146 ✭✭TagoMago


    https://www.boards.ie/discussion/comment/121741367#Comment_121741367

    For single people with a median salary the best bet would probably be a 1 bed apartment, just looking at daft there are a few in fairly desirable places like Smithfield that look ok-ish and are around the 220-240k mark. As for houses, it would be incredibly difficult to buy for a single person on a median salary, save for the above mentioned undesirable places.



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    #1965
    Cheddar Bob
    Registered Users, Registered Users 2 Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121744332#Comment_121744332

    Oh JFC, you don't give up do you haha.


    Right.

    I'll humour you- let's pretend that all the areas you are too afraid to drive past let alone live in- Fortlawn Whitestown Whitechapel Ladyswell Corduff (council parts) and Sheepmoor- are actually still war zones. Let's pretend it's still 1996, that there is a heroin epidemic sweeping the youth of these estates and there are stolen car rallys every night.


    I'll also give you Castlecurragh and Tyrellstown. They're not remotely dangerous, but the hyperbolic commenters on the Accomodation forum think they are, so as said, I'll humour this nonsense.


    So they're off the list.


    Next, we will exclude posh Blanch- Roselawn and around the village.


    We are now left with the privately built parts of Corduff/ Mulhuddart, the entire Blakestown ED, and so on.


    right. 2020, bar where otherwise stated due to lack of sales in 2020.


    Saddlers. I'll call that an average of 277K.

    Residential Property Price Register

    Mulhuddart Wood. 245.

    Residential Property Price Register


    Brookhaven. 265k.

    Residential Property Price Register


    Edgewood. 800k divided by 3 = 266 approx.

    Residential Property Price Register

    Warrenstown, hovering around 270

    Residential Property Price Register

    Lohunda. Getting bigger but still value to be had

    Residential Property Price Register


    Nothing in 2020 for Ashling Heights, but this went in 2019 for a very reasonable price

    Residential Property Price Register


    Westway 2019 (I hope the fact it is within sight of those frightful council folk doesn't make its inclusion invalid to your theory)

    Residential Property Price Register


    Westway 2020 190k

    Residential Property Price Register


    Huntstown will provide for particularly upsetting reading


    Residential Property Price Register


    Would you like to stop now?


    A young couple with a modest income of 60k would be able to buy an abundance of 3 bed semis in D15 for between 220 and 270, I'll push it to 280k.


    Affordable housing, basically.


    The fact you can find me 10 year old homes near the train stations that were going for 380k doesn't hold any relevance I'm afraid to say.



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    #1966
    Cheddar Bob
    Registered Users, Registered Users 2 Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121744563#Comment_121744563

    My point is that people will pay mad money for the worst house in the best area. There is an estate in Stepaside which was by the look of it clearly built by the same crowd which built Castlecurragh,


    The Stepaside homes are going for 500k. Castlecurragh varies but seems to be in the low 300s at the minute (an outrageous figure but here we are)


    A near on 200k price difference. People in the Stepaside estate dressed in Penneys the rest of their life for the privilidge of meeting the repayments on a pokey terrace that someone 20 mins up the M50 picked up for 130k during the lowest point of the recession. I can't recall but I'm not sure they even have an en suite

    They want sectioning.



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    #1967
    Cheddar Bob
    Registered Users, Registered Users 2 Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121744504#Comment_121744504

    More fool them for buying it tbh. It's the people raised in those areas I feel sorry for- if you were born and raised in Ballybrack, Sallynoggin etc and do an honest medium paid working class job- bus driver, trucker, chippy- you're out, basically. Half your estate is going for sale to those forced out of Kiliney, the other half going to people you went to school with who qualify by having done fcuk all since leaving.



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    #1968
    blanch152
    Registered Users, Registered Users 2 Posts: 33,195 ✭✭✭✭blanch152


    https://www.boards.ie/discussion/comment/121746094#Comment_121746094

    I was born over on the Southside 60 years ago, and I was never able to buy there, now living in Dublin 15. It has always been that way, could have bought a 1940s terraced house in Monkstown Farm but not interested.



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    #1969
    Clo-Clo
    Registered Users, Registered Users 2 Posts: 7,088 ✭✭✭Clo-Clo


    https://www.boards.ie/discussion/comment/121746094#Comment_121746094

    Fairly standard the World over, people who work hard at school and at a job will get paid more and can afford better things.

    I got over that years ago when I figured it out very quickly and I got over it just as quickly.

    It seems now people think sitting and crying will suddenly change that and they also seem to think they are entitled to everything and if they don't get it then it's the government fault


    A lot of people spent their entire life looking at someone else and pining for what they have or they have something better. Forgetting to live their own life and then it's over.



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    #1970
    blanch152
    Registered Users, Registered Users 2 Posts: 33,195 ✭✭✭✭blanch152


    https://www.boards.ie/discussion/comment/121746275#Comment_121746275

    That is exactly the bit that I think is the craziest.

    There are only 100 houses in my estate, but me and my seven siblings want to live here beside our parents and paying the same price our parents paid for a similar house and it is all the gubberments fault that I can't live here.



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    #1971
    Cheddar Bob
    Registered Users, Registered Users 2 Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121746275#Comment_121746275

    It's a council house.


    If you're telling me somebody from Glenageary went to TCD in the 2000s with dreams of living in a Ballybrack council house I've a bridge to sell you.



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    #1972
    Cheddar Bob
    Registered Users, Registered Users 2 Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121746252#Comment_121746252

    Nicely avoided my analysis of how affordable D15 used to be despite what you claimed. Well done



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    #1973
    Cheddar Bob
    Registered Users, Registered Users 2 Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121746275#Comment_121746275

    I don't think it's a good thing that people who grew up in the working class pockets of DLR are forced out because people from Foxrock and Glasthule who never quite hit their parents heights are now buying up what was a working class community, likely with the help of a wedge from their parents.


    Anyway, dya know what time the Blanch ice cream man starts that you know so much about? I've had a long week and I want to get **** SPACED OUT of my bracket.



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    #1974
    Cheddar Bob
    Registered Users, Registered Users 2 Posts: 361 ✭✭Cheddar Bob


    https://www.boards.ie/discussion/comment/121746252#Comment_121746252

    In the space of one parragraph you claim to have been priced out of DLR in the 80s/90s, then mention you actually weren't priced out at all (but Monkstown Farm had a reputation until quite recently, deserved or otherwise, hence likely why you didn't buy)



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    #1975
    Blut2
    Registered Users, Registered Users 2 Posts: 3,585 ✭✭✭Blut2


    https://www.boards.ie/discussion/comment/121746252#Comment_121746252

    "it has always been that way" is just an outright, easily disprovable, lie.

    The ratio of house prices to income in Ireland has skyrocketed over the last 30 years. Homes are across the board objectively much less affordable now than they were in the past.

    house price.jpg




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    #1976
    Clo-Clo
    Registered Users, Registered Users 2 Posts: 7,088 ✭✭✭Clo-Clo


    https://www.boards.ie/discussion/comment/121746472#Comment_121746472

    Before that everyone moved to UK or America to get work, my father for instance was in london at 16 on sites, he met my mother(also Irish) in London. His entire brothers and sisters left Ireland, some have never returned

    Do you think that was a better time for the people of Ireland?



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    #1977
    Clo-Clo
    Registered Users, Registered Users 2 Posts: 7,088 ✭✭✭Clo-Clo


    https://www.boards.ie/discussion/comment/121746394#Comment_121746394

    Honestly you sound very bitter about everything.

    Maybe someone got money from their parents, maybe they didn't. Honestly I couldn't care less personally

    In terms of the ice-cream, it's not my fault because of your total lack of knowledge about the Blanchardstown area.



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    #1978
    Clo-Clo
    Registered Users, Registered Users 2 Posts: 7,088 ✭✭✭Clo-Clo


    https://www.boards.ie/discussion/comment/121746292#Comment_121746292

    The best part of that, if anyone tries to build houses/apartments in the area what you find it the parents block the planning, while at the same time complaining about no young people moving into the area.



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    #1979
    Blut2
    Registered Users, Registered Users 2 Posts: 3,585 ✭✭✭Blut2


    https://www.boards.ie/discussion/comment/121746498#Comment_121746498

    30 years ago was the mid 1990s. "Everyone" wasn't leaving Ireland in the 1990s to go to America to get work, very few people were.

    It was objectively a far, far better time to be buying a home than now. The data is very clear.



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    #1980
    Wanderer78
    Registered Users, Registered Users 2 Posts: 32,770 ✭✭✭✭Wanderer78


    https://www.boards.ie/discussion/comment/121746472#Comment_121746472

    ...welcome to financialisation, where everyones a winner!



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    #1981
    Clo-Clo
    Registered Users, Registered Users 2 Posts: 7,088 ✭✭✭Clo-Clo


    https://www.boards.ie/discussion/comment/121746518#Comment_121746518

    Celtic Tiger started in the mid 90's and people leaving college finally had chances. So house prices only started to increase because people stayed in Ireland. Before that it was which country would you end up in. I know because older cousins of mine moved to US/Canada/UK after school.

    You are trying to say a time in Ireland when a lot of people had a future and had to leave was better than now when majority of adults can leave school/uni etc and get a job.



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