Irish Property Market chat II - *read mod note post #1 before posting*

Once again your the one who brought this off topic and making an issue out of a post which has a direct correlation to our mismanaged and dysfunctional property market. You are refusing to look at the information or will not provide your own information to back up your opinion and now your going off on a whinge about getting back to topic. FACT IS - our immigration policy is a large part of the reason why our property market is not functioning correctly. I take it from your lack of a list that you accept the list I put up is in fact/proof of what I was saying.

In order to heal a patient you have to first look at why the patient is sick and you try and stop the issue at its source instead of tinkering around with their symptoms.

So applying that to our property sector. One of the main reasons our property market is sick is because of our immigration policy (we simply have not got enough housing to deal with the numbers coming in) and it needs to be tackled along with other issues in order to get the market back to regular base line.

A list of opinions is not fact.

I'm not willing to engage in further discussion immigration and your perceived negative impact it has on society on a property forum.

So you wont google the list I put up for facts that back up what I am sayin and this is you engaging in the discussion - REALLY ..

The list is there for anyone who has the cop on to search for the facts. I wont be engaging with yourself either I could put up endless links supporting my opinions as fact but you will not be swayed and you wont engage by looking for yourself. Good luck

The government could help our supply and demand and cost issues here by doing the following with regards to property

1:) Stop vultures from bulk buying

2:) Put a temporary stoppage on people buying more than one property - 10 years

3:) Allow a 5 - 10 year period where people can sell their non resident property without paying CGT

4:) Stem the amount of people coming here for the next 5 - 10 years with the caveat of people who are in certain trades and who will contribute be allowed in like the Australian system.

5:) Ramp up modular homes and let those who are currently at refugee status and/or those looking for a gaff from the welfare system use these and allow the properties they were in come back onto the market.

6:) The government should stop bulk buying and competing the same market as those who are just looking to get on the ladder.

7:) After this put a higher tax on rents received and if a person has additional property they should be encouraged to sell with a sweetener at number 3 on the list here.

8:) Take away all subsidies for First time buyers - This has had an inflationary effect and property would fall if they were taken away

9:) Use it or lose it for developers - people who have property for planning should be forced to build or sell by upping the tax on vacant land with planning. 50% tax would see them get into line. No more carrot for these guys who are playing the violin when they are making a decent profit.

10:) Incentivize over seas workers in the building game by allowing come here work in the building game for 5 years without paying tax if they want to stay after that they start paying. If they stop working in the building game they pay tax.

11:) More focus on the building trades in secondary schools and within further education after an individual has done the leaving/junior cert)

12:) All current and future housing that are state owned - should remain there no more giving out cheap or freebies to anyone. When a person who needed to be housed is dead or no longer needs the social house - it should be given to the next person on the list and not remain in the family for ever more or sold to them on the cheap.

Some of this would be hard to swallow and some will take years to see the benefit but we do have a crisis on our hands and we need some real out of the box thinking before we see our best and brightest head off to other countries as Ireland is simply too expensive for the majority of those living here under 30s to buy or rent.

why amn't I getting a 30k HTB so I can afford a deposit to buy a second hand property?

Unfortunately for you because it does not increase the supply of available stock, incentivising developers in building new builds was one major reason why HTB was introduced as it made them a more attractive investment.

Also adding HTB to the second hand market would have a much greater inflationary impact on the market as more prospective buyers have larger amounts to bid with. There is no bidding process on new homes, you can either afford it with/without HTB or you cannot.

I don't agree with the FHS concept at all, literally the government making profits from their own flawed (perhaps intentional) policies, but disguised as helping people.

My partner and I did look into it and gave it some consideration as our budget was just below a lot of new builds, but we agreed it wasn't a sensible option at all and purchased a second hand that in the end was below our budget.

With the FHS extended to second hand homes it will immediately increase house prices.

The deposit advance was the carrot for buyers. The increased price was the carrot for developers.

Schrödingers price increase - it is both significant enough to stimulate more new builds construction but also insignificant enough to ever have negative price impacts on buyers!

Any evidence for your assertion that the vast majority of first time buyers think HTB is a bad idea? There was a big take up of this scheme

Isn’t HTB different from FHS in that, even IF the price of the new build went up the full €30k (it won’t because not all potential buyers have access to the €30k, that’s the point of targeting the subsidy)…it doesn’t get added to the mortgage. It’s not a loan like the FHS.

Perhaps you’re referring to those buying without any grant but still getting the ‘higher price’

Well he didnt facilitate any new wars while he was there and was actively trying to stop conflict and that to me trumps (forgive the pun) the majority of other president's have done before him. He has already gone and put manners on both Israel and Hamas to give up the war over there…

Don't get me wrong I don't like the guy I don't believe in some/a lot of his policies but what I do admire is that he campaigned on different issues and took a definitive side and outlined how he was going to go about bringing change and now he is actively going to try and implement them ye know like what our shower of sh1ts in government should be doing. Now can you imagine Mehole Martin coming out and taking the biggest issue that was debated in Ireland and that being the housing crisis and him taking the the approach of doing everything he can to stop the housing crisis and actively perusing a policy for building much more housing and looking at other issues which have had a devastating effect on our housing such as immigration and taking the hard decision to stop people coming in until our housing and other public services have caught up? Not a chance the only hard decisions these boyos will be taking will be how much more money they will waste on the new curtains in the Dail pub and for anything that may be hard to do or may paint them in a bad light they will have a spin of "we will review" or "we will try to build" or "we will set up a group to look into that" yada yada kick the can down the road.