I think it will be FF/FG again with god knows who. Hopefully a left wing party
It will be November 15th
Commencements are at record levels and the number of new homes will increase again from 2025 onwards, with the change to the planning rules and the increased residential workforce.
New homes will be built, at the highest rate for decades, AND buyers will be able to avail of the HTB scheme.
The two things will occur together, that is obvious and apparent.
If you think SF will deliver more homes than FFG, I would love to see your logic.
It is not possible if we waste two years legislating for a new State body, and then another couple of years trying to staff it appropriately.
The SF ideas will make Irish Water look like a paragon of efficiency.
Like the pirouettes on hospitality Vat, the multiple housing strategies, or the three parties of government now cutting each others throats on how they'd do things differently? Ask Varadkar for instance, he'd be still advocating for unequal treatment for SSM couples if it weren't for his 'pirouette'.
Away up the yard as they say. You respond to your electorate or you die out, never been any different.
Away up the yard with you when you have to go back over a decade to find a pirouette by a former politician.
We are talking about a woman who wants to be Taoiseach but doesn't know her own mind.
Yes, if you live in your house until you die then your house value doesn't matter. But all of the government's policies are done in a way that will ensure that house values don't change (or if they do, they go up).
Yes, supply is needed. But values need to come down too.
I'd argue that if FG tilt right it's expected. If SF tilt that way it's not.
8 to 10 k could drop your mortgage by a 100k
200k for a couple
There’s also higher interest rates up there historically and of course exacerbated by that Liz Truss budget
Not to mention that they have not had to house the amount of Ukrainians that we have in the RoI meaning less rental pressure
The last time values came down - post 2008 - and resulted in negative equity, the government of the day got a hammering.
The pirouette on VAT is only a week old blanch.
A spike in commencements != Increased building output, it just means developers prioritised commencements before fee waiver deadline, and then went back to finishing out other projects in pipeline.
The net affect will be very little increase in finished builds. Already this has been flagged by industry bodies as being the case. FF will spin all they want, the reality is their policy has been an abject failure on housing.
People in the south are getting shafted.
FFG want them to suck it up and take more the same.
I’d run out of paper if I had to list SF pirouettes
We are talking populism here,at which SF thinks it excels
You are hardly suggesting angering hospitality providers is populism
Up the yard indeed
Exactly.
It is basically impossible that SF could deliver more homes than FFG over the next 5 years, as SF would seek to rebuild the infrastructure that oversees housing policy.
During that rebuild period, housing completions will drop off the cliff.
Its quite amazing that some folks can't see that.
Even if you live in your house till you die, the value can matter.
There are 'life time loans' that will lend based on the equity of your home. Now I think these should be banned, but it does allow those over 60 to raise funds. However, they are at a significant cost and are a life-time loan with significant interest charges - with effects of particular interest to possible beneficiaries of their wills. I am not sure how this would affect an elderly persons access to the Fair Deal but I imagine it would be an issue.
The Land development Agency was another FFG failure.
Did you listen to Harris last night trying to blame 'other parties' for government failures and outlining how he'd 'pirouette'? Exceptionalism hard at work again.
He came across well actually,I can see why you'd be angry though,best thing to do imo if politicians get under your skin like that is to think of the difference between manifesto’s and programme’s for government,the former is just a pitch isn’t it
"Any change to regulatory environment will see housing completions drop off a cliff"
<Proceeds to ignore FFG making the biggest change to planning process in this country in over a decade>
https://www.rte.ie/news/politics/2024/1009/1474329-planning-legislation/
He came across well actually
On the PFG he was trying to distance himself from? Whatever you say.
Amazing the number of so-called seasoned observers who don't understand the difference between manifestos and programmes for government.
Somehow they don't understand that FF, FG and the Greens have different priorities which will be reflected in different manifestos and disagreements during the campaign. It is like they expected to be arguing against a monolith.
Quite bizarre. I suppose they are the same cohort who last time out thought topping the poll was of some differential importance.
When you only have eyes for one dancer you will no doubt miss the rest of the ballet going on around them.
That govt got a hammering because of the way they reacted to the 2008 housing crash, not because if the crash itself. Raising taxes and cutting welfare on the same day banks were to give bonuses to their top dogs was not a good look.
The effects of the public sector recruitment freeze are still being felt today
Of course they did. But if you were still able to afford your home (or if your mortgage was already paid off) - did it really affect you?
Homeowners will largely vote for the governing parties, so as a result the governing parties will look after them (same reason that OAPs are looked after to a higher degree than other sectors).
I'm just pointing out that if policies are retained that ensure/help house prices stay high, this helps people who own homes, it does nothing to help people who want to buy a home. I think that FF & FG recognise this, but also recognise that they get a large chunk of their votes from the people who own homes, so they are okay with this. Is this all for the greater good? Probably not.
Sinn Fein going far right. What a surprise.
https://m.independent.ie/irish-news/elections-2024/sinn-fein-vows-to-explore-new-registration-requirements-for-eu-citizens/a1841625038.html
Planning permission has been granted for the guts of 250k houses since 2016, significantly outpacing commencements. And every year there are less houses built than there are active planning permissions granted.
Speeding up planning decisions is simply going to add to the ever increasing backlog in the pipeline.
It is unlikely to suddenly unleash significant extra development.
Nice Francie, Nice. Quite the philosophical anecdote that hasn't crossed my path before
What specifically has changed in the 1-2 years that make it feasible now please?
I know you won't insult our intelligence by referring to the new planning laws passed only last month that will take years to impact supply. Some specific answers would be great thanks.
Do you not know all Irish people hate apartments and are only happy in houses with 2 gardens.
Or so we are told by people who bought their property 40 years when houses were cheap and traffic non existent.
Ye , it doesn't make sense Breezy. These can be built in and close to our major Cities that would allow people to walk to work or a relatively short commute
Gavan Reilly reporting that Stephen Donnelly is hoping to continue as Health Minister "if FF returns to government"
A little presumptious in my opinion, as Stephen Donnelly is unlikely to return as a TD, irrespective of whether or not FF return to government.
