Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Election to be called Fri - predict outcome

18586889091164

Comments

  • Registered Users, Registered Users 2 Posts: 2,149 ✭✭✭extra-ordinary_


    Yes, but even without this problematic state construction company, the current government's house building output is actually falling this year. Why are they not being challenged on this and their unrealistic future building forecast figures?



  • Registered Users, Registered Users 2 Posts: 2,889 ✭✭✭pureza


    2 days before a general election,SF aren’t able to satisfy the banks on the SF plans after the plans being there for a few months now in the wild? Seriously,you expect people to vote for that level of uncertainty?

    Not to mention again the 80,000 defecit in construction workers



  • Registered Users, Registered Users 2 Posts: 236 ✭✭scrabtom


    This is great, thanks for sharing. What does IEP stand for?



  • Registered Users, Registered Users 2 Posts: 11,784 ✭✭✭✭Red Silurian


    Well considering they have all promised roughly 60,000 new homes per year they've either all thought of it or none of them have thought of it. Since social housing can be done on a part 8 it would suggest the party that have promised the highest % of social housing as part of that will run into the least amount of trouble in that regard



  • Registered Users, Registered Users 2 Posts: 73,542 ✭✭✭✭FrancieBrady


    Remember before betting any money on these (if that's the plan) the creator of these admits they are just a bit of fun and our system makes it almost impossible to predict with any accuracy.



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 11,352 ✭✭✭✭Cluedo Monopoly


    Fine Gael said they would build 60,000 homes per year. Nobody believes that.

    What are they doing in the Hyacinth House?



  • Registered Users, Registered Users 2 Posts: 4,066 ✭✭✭MFPM


    Irish Election Projections. guy on X who uses a model he's developed, more projections based on polling data rather than predictions as such.



  • Registered Users, Registered Users 2 Posts: 18,940 ✭✭✭✭VinLieger


    Its not a conspiracy theory, the banks arent lending to private construction companies in part due to how long it takes to recoup the money. Unless SF can explain how they are going to change the minds of the banks for a new state owned construction company that will undoubtedly take longer to complete as all state owned projects do why would the banks change their minds about lending?



  • Registered Users, Registered Users 2 Posts: 11,784 ✭✭✭✭Red Silurian


    It always amazes me that SF need to prove something to voters while the civil war parties can get away with much less baked plans

    Fixing the 80,000 deficit and building 60k homes a year are 2 forks of the same issue. An issue caused by FFG let's not forget



  • Registered Users, Registered Users 2 Posts: 11,784 ✭✭✭✭Red Silurian


    Assuming that other parties will be as inefficient and defeatist as FFG is probably not the smartest thing to do.



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 73,542 ✭✭✭✭FrancieBrady


    Harris was being fact checked live during the debate on his bluff and spin. Here he is being fact checked again on this. A bewildering neglect by a government that claims to care, at a time when we have never been wealthier.
    As has been said, it is all about the choices you make, and this is a scandalous and heartless choice.



  • Registered Users, Registered Users 2 Posts: 18,940 ✭✭✭✭VinLieger


    SF are the only ones who have based their plans on getting banks to lend as far as im aware. I do also disagree with FF and FGs direction of simply increasing grants like first time buyers and I will not be voting for any of the 3 main parties.

    I do believe whatever Government we get should be doing something to fix this specific problem of lending however I am unsure what that is which is why I don't believe SF have magically solved this problem until they explain their solution.



  • Registered Users, Registered Users 2 Posts: 2,889 ✭✭✭pureza


    Not immediately like next year? I think they want to incrementally build towards that figure by 2030

    I have to say it’s a tall order if there’s a trump shock but it’s only an increase of 12k houses per year if 40k are hit next year

    Back when SF were riding high in the polls,they were saying it was going to take 2 terms to implement stuff

    That’s back when they thought they had no way out of being the government this election

    We don’t hear as much or any of that lately for obvious reasons



  • Registered Users, Registered Users 2 Posts: 7,849 ✭✭✭Brussels Sprout


    It doesn't say much for all of those other candidates that he doesn't trust any of them to be near a microphone. A lot of their supporters on X are outright conspiracy theorists. I think it follows that many of their candidates probably are as well. He probably doesn't trust that they won't say something batsh1t crazy.

    They don't seem to have any other candidates who are close to being elected but if they can reach 2% then they'll be funded. They just missed out last time. They got 1.9% but only ran 26 candidates. This time they're running people in every constituency and given their polling they should definitely hit that mark.



  • Registered Users, Registered Users 2 Posts: 18,557 ✭✭✭✭Idbatterim


    I'm so undecided, thinking now of giving sf a vote, the place is a joke any way. That's ffg fault... if sf bring it crashing down, it could have positive outcomes…

    Often times, things have to get worse, before they can get better ....



  • Registered Users, Registered Users 2 Posts: 72,759 ✭✭✭✭L1011


    Its the covenanting and other requirements. Banks will lend on conventional leaseholds no bother; these aren't and not one bank has said they'd lend - cause they wouldn't be securitisable.



  • Registered Users, Registered Users 2 Posts: 11,784 ✭✭✭✭Red Silurian


    SF are the only ones who have based their plans on getting banks to lend as far as im aware.

    This is true, mainly because no other party, large or small, has a plan

    SF, FF and FG have promised the same target, an average of 60,000 a year over the next 5 years. Whoever forms the next govt they won't be getting 60,000 next year

    With a 12-18 month lead time on average at best we are looking at 40,000 next year in 2025, which means (back of a fag box calculation) we would need 50k in 2026, 60k in 2027, 70k in 2028 and 80k in 2029

    It's an absolute mountain for any govt to achieve because of the situation FFG created



  • Registered Users, Registered Users 2 Posts: 18,940 ✭✭✭✭VinLieger


    I use the term "plan" in a loose way, until they can explain how they will get the banks to lend its really more of a wish.

    Much like how FF and FGs are more of a hope than a plan.



  • Registered Users, Registered Users 2 Posts: 73,542 ✭✭✭✭FrancieBrady


    Simon is right now on the canvass in Louth and says he 'hasn't decided yet' if he will canvass with McGahon.

    Had ample opportunity to get ahead of this debacle but hasn't a clue how to, decisive leadership?



  • Registered Users, Registered Users 2 Posts: 236 ✭✭scrabtom


    It is important to never forget that no matter how bad things are, they can always get worse.



  • Advertisement
  • Moderators, Politics Moderators Posts: 42,848 Mod ✭✭✭✭Seth Brundle


    Have the banks said that they will lend?

    We've two days to go, SF's housing policy is based on banks lending and as yet, there has been no commitment from the banking federation that this will happen. What does that say about SF's housing policy?



  • Registered Users, Registered Users 2 Posts: 30,245 ✭✭✭✭zell12


    story keeps going - Examiner reporting today

    image.png image.png


  • Registered Users, Registered Users 2 Posts: 73,542 ✭✭✭✭FrancieBrady


    The banks have not said either way. Therefore it is a porkie to claim they have said they won't. The Journal ran a fact check on this:

    The facts: The verdict here is something of a mixture: McDonald is right to say the BPFI has never said it wouldn’t lend to people, but it has never said it would either.

    To muddy things further, the BPFI has expressed some reservations about the idea (without saying what they are), but also said it would be open minded about any ideas to ramp up homeownership with a future Government. 

    For context, Sinn Féin’s plan proposes that the State would continue to own the land a house is built on, while there would be conditions on the sale and rent of the property.

    Fianna Fáil in particular has repeatedly claimed that banks and the BPFI have expressed scepticism about the plan, though Sinn Féin has retorted that the BPFI have told the party there are no major issues with it.

    The claim and counterclaim came up early in the campaign, when The Journal sought a statement from the BPFI.

    The federation said that the BPFI met with Sinn Féin for a “preliminary discussion” about the plan and “identified a number of issues that would require further consultation in order to enable lenders to provide mortgage finance”.

    It said this only related to “some elements of their plan” but they did not say which, adding that the BPFI was committed to working with “any future government to improve the supply of housing in Ireland”.

    It isn't the banks role to underwrite or criticise political plans and I reckon they won't say anything on it until it is an actual proposal from a govenment.



  • Registered Users, Registered Users 2 Posts: 11,352 ✭✭✭✭Cluedo Monopoly


    Jaysus Harris and his handler's are all over the shop. Once you are explaining you are losing. If we get nothing out of this election, we will get an insight into the level of political interference that takes place between FG and RTE. I wonder will Catherine Martin (Green) reveal all on the RTE bailout when she loses her seat and Greens are decimated. The way she handled the RTE debacle was weird - I suspect FFG were calling all the shots.

    Every election has one incident that is never forgotten. Harris created a doozy.

    What are they doing in the Hyacinth House?



  • Registered Users, Registered Users 2 Posts: 73,542 ✭✭✭✭FrancieBrady


    The plot thickens as they say.
    If true, it's exactly what you would say if trying to get a story pulled.



  • Registered Users, Registered Users 2 Posts: 30,851 ✭✭✭✭blanch152


    Do you think that a State construction company doesn't need planning permission?



  • Registered Users, Registered Users 2 Posts: 72,759 ✭✭✭✭L1011




  • Registered Users, Registered Users 2 Posts: 30,851 ✭✭✭✭blanch152


    If I am wrong, you will be able to show me where the banks have said that they will lend. If you actually read the post you quoted (and understand it), you will note that I didn't say what you claimed. Once again, you have made up what a poster said to save your embarrassment.

    In that post, I pointed out that the best case scenario for Sinn Fein was months of delay and for the electorate they are taking a step into the unknown, unless Sinn Fein, and they have a couple of days to do this, can somehow produce a statement from the banks that they are fully prepared to lend to the new SF idea.



  • Registered Users, Registered Users 2 Posts: 30,851 ✭✭✭✭blanch152


    The poster appeared to be suggesting that because SF will not be relying on Part 8s, they won't have the same problem building houses.



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 73,542 ✭✭✭✭FrancieBrady


    You told a porkie blanch. I don't have to do anything other than point that out. Here is what you said:

    Yes, but the banks won't give mortgages for SF's weird housing plan.



Advertisement