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

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Comments

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


    yeah, this is the issue I have with it! That level of tax, over that pittance! For a country with no defence expenditure or capability. Appalling infrastructure… A relatively young population i.e we arent currently paying out anywhere near as much for OAPS as other countries. So back to what I have often asked. Where the hell is this money going? For a country that twice in recent memory, has had more money than it knows what to do with, its a total scandal.



  • Registered Users, Registered Users 2 Posts: 4,121 ✭✭✭RichardAnd


    As I said earlier, I do NOT believe that voting changes very much at all. However, let's pretend that it does. Here is what was on the table for the last election.

    FF: More immigration.

    FG: More immigration.

    SF: More immigration, but we'll up taxes and build prefab houses for the immigrants.

    Labour: More immigration, but uh,….Karl Marx or something

    GP: More immigration, and all the bizarre social policies you would ever want!

    With a choice like that, I'm not surprised that the turn out was so low…



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


    Totally agree with the above. They are all wasters. If a competent party formed, they'd put a serious dent in the FFG shambles…

    It shows you how much support they have lost, that between the 2 biggest parties, that used to have a total stranglehold, they can now no longer even form a government, without additional support



  • Registered Users, Registered Users 2 Posts: 1,578 ✭✭✭DataDude


    Of the people who do live at home. Not every single one is spending all day longing to buy a house. A large chunk are happy enough living rent free, travelling, socialising etc. as they should be.

    Nearly 70% of people own their own homes. A fair chunk more will be happy out in social housing or on HAP. Of the ones left, only a small percentage are subject to the misery of trying to buy a house at any given moment.

    The amount of people thinking deeply about house completion numbers and government intervention in housing is certainly a fairly small minority.

    Perhaps if the 18 year olds were forward thinking they would be hugely focused on it. But it’s just not the reality for most 18 year olds



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


    I agree with a lot of what you say… The reality is, most of them, will be financially screwed, that is what is awaiting them. Unless they get social housing or have a high income, hundred thousand plus if in Dublin and really, will be a lot more financially secure with a partner



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  • Registered Users, Registered Users 2 Posts: 21,327 ✭✭✭✭Donald Trump


    So could you just use it for eating, sleeping, and hanging out in? And just do your loving out in the garden?



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


    Yes it's unbelievable, it's another dwelling on your land... as permitted in the US and Canada... I think nz and Australia too. They wouldn't like it here. It would use existing land and services. Not a good way of making money off the poor ..

    Total privacy, you're out in nature... people are hrowing up garden rooms like crazy... but what would they know... as an FYI lads, incredibly, they are built from the same materials, as your house...



  • Registered Users, Registered Users 2 Posts: 311 ✭✭Montys return




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


    Yes, thats my plan... generate sales here.. . Do you know how many companies construct garden rooms here? Its a lot...

    I'm selling the idea to people , if its an option, to not get fcucked...



  • Registered Users, Registered Users 2 Posts: 311 ✭✭Montys return


    I can only see it as an option if you own a house of course, which is the problem in the first place! So it's just home owners screwing renters, basically



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  • Registered Users, Registered Users 2 Posts: 1,487 ✭✭✭Rocket_GD


    I believe what the poster is talking about and correct me if I'm wrong but he's talking about young adults who are still living at home purchasing them and establishing them in the parents back garden as it would give all more privacy to live. The parents have their house fully to themselves (assuming this one young adult was the only other person living in the house) and the young adult isn't paying 1k a month rent in Dublin.

    There are a number of issues with this idea though, firstly it's illegal as requires planning to live in one, so you spend thousands building it and one neighbour reports it and you're back to square one.

    Another is the expectation of the parents to just give up 25sqm of their garden, a lot of gardens is Dublin these days aren't very large and people value them greatly.

    Thirdly as alluded to earlier what if the parents have two young adults living in the house, is it a pick the favourite to allow have a garden room and screw the other young adult or do you build them a garden room each? Then have no garden now and I'd wager you'd get a neighbour putting in a complaint as their neighbour is setting up a shanty town in the back garden.

    In theory it's part of a solution but practically it has so many flaws.



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


    Yeah that's what I am talking about. Obviously only do - able under certain scenarios...

    Nah, they can't do **** about about a twenty five metre structure, you're allowed build it. You're not meant to live in it... what are they going to do, put a guard on duty in the garden ? Lol... they'll do nothing, because it's unenforceable...

    These well done garden rooms, are the last word in luxury, compared to many of the absolute dumps I visit as part of my job, many in period buildings in Dublin, where the living situation is a total disgrace...



  • Registered Users, Registered Users 2 Posts: 4,121 ✭✭✭RichardAnd


    I have a friend whose parents did just this. There was an existing large shed in the garden, and they renovated it into a self-contained studio apartment. It's really nice, with its own bathroom, kitchen, laundry facilities, etc.. As it was already there, I believe that no planning was needed.

    However, whilst this is preferable to living with parents, this is not really a solution to the problem of people living with their parents well into their 30s (or, increasingly, their 40s). You won't be able to get married and have a family if you live in a glorified shed.



  • Registered Users, Registered Users 2 Posts: 1,487 ✭✭✭Rocket_GD


    If that's the only response to the multiple issues with your idea then there's no point in having a discussion about it.



  • Registered Users, Registered Users 2 Posts: 1,487 ✭✭✭Rocket_GD


    Planning would be needed if someone is living there now and previously it was just a shed. As it was already there you're a lot less likely to get complaints than creating a new structure which could be seen as an eye sore by neighbours or block some light etc.

    I completely agree that it could be lovely and comfortable but as you said it's not a solution. You're moving from your childhood bedroom to your parents shed, not exactly a great upgrade.



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


    No it's one response , if its an option for people. If I had done it when I was far younger, life would have been a lot easier... Option two emigrate. Option 3 , emigrate short term, earn a lot more money than you will here and return to buy...

    There's loads of options... declare as homeless and let the state house you for free, the best option, if you're prepared for some short term pain...

    We can agree to differ on calling these glorified sheds... a shed is something you buy for e400 to store your mower and tools in. The timber for shed walls, is paper thin.

    These structures are built using the Same materials as you would for your definition of a " standard " house. Of course it's not ideal long term, if you want a family. But saving a fortune being robbed on rent, puts you in the position to actually buy something longer term. Without enriching others, dealing with landlords and their BS, house shares etc... jesus, the notion of going back to that for anyone I know. Would be beyond comprehension...

    Yeah with that apartment " shed" I think after 7 years, the structure becomes legal. I am not one hundred percent on that though..



  • Registered Users, Registered Users 2 Posts: 7,600 ✭✭✭fliball123


    You only need planning if its over 25 square meters, it must be at the back of your house and you must have a certain % of garden left after the dwelling is built and for anyone looking at doing this I would get advice the builder you choose will normally steer you right. Also you are right if 7 years goes by you can apply for a kind of retrofit planning and no one can force the owner to knock it down.



  • Registered Users, Registered Users 2 Posts: 1,487 ✭✭✭Rocket_GD


    You need planning if it is being used as a dwelling regardless of the size.



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


    Yeah. But they can never force you to knock the 25 sq metre structure... at worst, you get reported and remove the small kitchen or bathroom and that is a worst case scenario...

    You do need to have 25 sq m left over for garden I believe...

    Yeah for a "dwelling " you do need planning, but guess what. My mates just did what those in power here, do as they please, suit yourself... their all sitting pretty, no complaints and like I said, there's nothing they can do if there us a complaint. Remove the w.c or kitchen and use it in main dwelling. That's a worst case scenario...



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


    My folks are self employed, so 55% income tax over over 100k… So the Dublin property sits empty… You want penal taxation, deal with the consequence's. In my area of Dublin, houses empty , sitting there for years, no one in them… Or four / five bed houses occupied by one person. Its why other countries, employ these magical things, called property taxes, but meaninnfgul ones, not our token gestrure one. Many homes less than the tv licences and lower than motor tax… LOL!



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  • Registered Users, Registered Users 2 Posts: 4,881 ✭✭✭Villa05


    The human brain should be studied to see if it undergoes some type of metamorphosis after it's owner has purchased a property.



  • Registered Users, Registered Users 2 Posts: 311 ✭✭Montys return


    My bad, apologies I totally misinterpreted that.

    Might be an option for some, but doubtful for many. Legality, cost, space, more than one adult child in the home place...it could be of merit to an individual case, but it's definitely not solving the crisis anyway. In my opinion, living in a garden room anyway would still count as living at home even if its more bearable for child and parents alike.



  • Registered Users, Registered Users 2 Posts: 268 ✭✭SpoonyMcSpoon


    https://www.independent.ie/business/charities-now-buying-more-homes-than-cuckoo-funds-as-state-funded-housing-bodies-bought-close-to-1bn-in-property-last-year/a53396402.html
    This is nothing other than a property market bailout indirectly from the State. Precious tax being funnelled into landowners and property owners. Meanwhile, childcare costs €1000+ for creche each month, average rents for workers cost €1500+ per month. Sad state of affairs.



  • Registered Users, Registered Users 2 Posts: 5,154 ✭✭✭BlueSkyDreams


    I wouldnt say its a bailout. The govt are paying market rates for properties on the private market because the govt wont build their own social housing.

    The squeezed middle pay the price, as usual; they dont qualify for the social houses but cant afford the few new builds on the private market that are left over, once the govt has finished ravaging the new housing stock and converting it to social homes.

    The councils and charities should be forced to have targets for affordable housing and cost rentals, so that those on average incomes can be housed, not just those on no/low incomes.

    If a council/charity buys a block of 100 apartments. 33 go to social housing, 33 go to cost rental and 33 go to affordable housing.

    Priority for cost rental and afforable goes to key workers, like teachers, nurses, builders and so forth.



  • Registered Users, Registered Users 2 Posts: 4,881 ✭✭✭Villa05


    I wouldnt say its a bailout. The govt are paying market rates for properties on the private market because the govt wont build their own social housing

    I think you might be overestimating demand for apartments

    I suspect there would be close to 0 demand for apartments from the home buying public that are priced above houses

    If investment funds that pay 0 tax on them are shying away with record rent prices, it tells you all you need to know



  • Registered Users, Registered Users 2 Posts: 5,154 ✭✭✭BlueSkyDreams


    Location, Location, Location.

    Apartments in nice parts of Dublin will still sell for a high price. Plenty of apartments in DLR that will sell for over 500k and some apartments well over 1 million.

    Regardless of the price, I would still like to see the govt reducing its acquisition of private property and reverting to building its own stock.

    Then ensuring that tax payer funded housing stock is available for cost rental and affordable housing, as well as social housing.



  • Registered Users, Subscribers, Registered Users 2 Posts: 6,673 ✭✭✭hometruths


    The good news is that once again we are near the bottom of the table when it comes to "housing costs" in Europe.

    According to Eurostat, the provider of this data, housing costs refer to the monthly expenses connected with a household's occupancy of their accommodation, and this includes the cost of utilities such as water, electricity, gas, and heating. 

    For homeowners, housing costs include mortgage interest payments, while for tenants, they include rental payments. It also includes expenses such as structural insurance, mandatory services and charges, regular maintenance and repairs and taxes.

    The EU average is 19.7% of disposable income spent on housing, we are at 17.1%.

    https://www.euronews.com/business/2025/02/03/living-costs-in-europe-how-much-of-your-disposable-income-goes-to-housing-and-bills

    But interestingly, despite having one of lowest disposable income spends on housing costs in Europe, our actual housing costs are the highest in Europe:

    Housing costs (including water, electricity, gas and other fuels) compared to the EU average differ significantly between EU countries. The highest housing costs in 2023 compared to the EU average were found in Ireland (101% above the EU average), Luxembourg (86% above) and Denmark (80% above). The lowest, on the other hand, were observed in Bulgaria (61% below the EU average) and Poland (56% below).

    Looking at the evolution between 2010 and 2023, housing price levels compared to the EU average have increased in 17 EU countries, decreased in 9 and stayed the same in Poland. The largest increases were observed in Ireland (from 17% above to 101% above the EU average)

    https://ec.europa.eu/eurostat/web/interactive-publications/housing-2024

    Soaring house prices which are highly affordable. Another win for FFG, makes you wonder what everybody is whingeing about.



  • Registered Users, Registered Users 2 Posts: 7,619 ✭✭✭timmyntc


    If you live with your parents your housing costs will be quite low - likewise if you are renting in an overcrowded house (the extent of overcrowding in some Dublin rentals is shocking).

    If Irish housing costs truly were below the European average then you would assume our % of under 30s living at home with parents would be lower than European average: instead it's one of the highest.



  • Registered Users, Registered Users 2 Posts: 7,600 ✭✭✭fliball123


    No you don't if its to the back of your house and you meet the criteria of having enough space left in the garden I cant remember the exact amount and there is an exit in case of emergency and its not over 25 sq meters, I think it also has to conform to the buildings around it but you can build a dwelling you can say its a garage/gym/office room etc but what you use it for after it is built is your own choice they are not coming out to check on it. I know this as we did it and our neighbours challenged but we made sure we had in writing from our builder before he built it so if he had to knock it back down over an objection that he would refund the money



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  • Registered Users, Subscribers, Registered Users 2 Posts: 6,673 ✭✭✭hometruths


    Well on the subject of overcrowding or the flipside, underoccupancy, we are outliers here too.

    Across the EU, 16.8% of people live in an overcrowded house, in Ireland it is 4%.

    Across the EU 33.3% live in an underoccuppied house - meaning that it is deemed too large for the needs of the household living in it.

    In Ireland it is 66%.

    Pretty healthy figures.



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