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How can houses be so expensive?

2

Comments

  • Posts: 891 ✭✭✭ [Deleted User]


    "Because they've done them before"?

    Haha, doesn't matter, still hard work.


  • Registered Users, Registered Users 2 Posts: 5,791 ✭✭✭up for anything


    Secondly, the costs of labour in this country, particularly those in the trades relating to construction, are insanely high. High wages = high costs.

    I think you should use the past tense there. :(


  • Closed Accounts Posts: 1,620 ✭✭✭sligopark


    To construct a house correctly, you will need an extensive knowledge & adequate experience in the following;

    Designing foundations & rising walls
    Placing of hardcore, insulation, DPMs & DPCs
    Reinforcement of concrete floors
    Lintel design / specification
    Cavity wall construction
    External rendering
    Movement joints
    Fireplace & Chimney construction
    Sizing of floor joists
    Knowledge of floor construction details
    Floor decking
    Construction of stud partitions
    Detailing of stairs & handrails
    Design of roof trusses
    Roof tiling / slating
    Roof ventilation
    Flashings & gutters
    Thermal insulation of suspended floors
    Plasterwork
    Screeds
    Protection of completed works
    Radon
    Ventilation requirements for habitable rooms, rooms with heat producing appliances & roof spaces
    How to insulate for sound transmission between walls & floors
    How to design & install drainage which includes all traps, branch discharge pipes, ventilated branch pipes, discharge stacks, materials for pipes, fittings & joints both above & underground, trench evacuation, pipe gradients & sizes, pipelaying & jointing, testing etc.
    Electricity supply & distribution

    You will also need a full understanding of Fire Regulations to provide means of escape, adequate fire resistance, fire fighting access, radiation onto boundaries, safety of heating appliances, flue pipes, hearths and oil storage tanks.

    Add to that a full understanding of Disabled access regulations for transitional arrangements, approaches & access to dwellings, circulation within a dwelling & sanitary conveniences.

    The building will also have to comply with all Building Regulations, including Conservation of Fuel & Energy.

    You will also need a Safe Pass to work on the site, professional indemnity & public liabilty insurance.

    You will also need to produce a bill of quantities so you know exactly what materials you need, down to the last screw in each door frame, then source your suppliers for all materials and then schedule the works so that the materials arrive on time & can be stored in a finished area of the building if they are subject to adverse weathe conditions.

    And before any of that happens, you will need to train yourself to use Autocad so you can do the drawings to submit the planning application.

    But, sure anyone can lay a few blocks.


    plus a couple of local FF (and FG) donating cúnts to inflate the local land prices and manipulate local house building costs toward their pocket profits


  • Closed Accounts Posts: 7,751 ✭✭✭Saila


    Fourthly, we are still a fairly rich country, we place a high value on owning land, and we refuse to rent.
    This means that we have access to large amounts of money, which we choose, by and large, to spend on land.
    *from the top of my head.

    the key point is that it isnt cash from assets, its borrowed money from frugal germans who were busy saving to fund the kings suit of clothes going on in ireland.


  • Closed Accounts Posts: 7,150 ✭✭✭kumate_champ07


    I can't understand how it can be that incredibly expensive for a house in this day and age.

    People lay walls of bricks & mortar themselves in their spare time all the time. Why not just have the same concept in mind, be a little more elaborate, and make a house from it?

    Things get cheaper all the time, why can't housing materials? Why aren't there there self-sufficient types out there saying "I built my own house, it took me a few weeks/months, it's made of such and such material, and only cost me a fraction of what I'd have to pay otherwise."?

    Of course, "the man" doesn't want cheap housing. That way the man would have very little to keep people down. Nothing to put on the backs of young people weighing them down and enslaving them for years. (to be fair the man might have a point on this one as otherwise a lot of people such as the ones you see on Jeremy Kyle would have tons more children and house them all). I'm not sure there's a conspiracy going on, I just find it very odd how housing doesn't go down in price over the years.

    my uncle did but he was retired so didnt lose out on wages. I'd love to do the same thing myself, I'd live in a cave,up a tree,under ground as long as it was a nice home and had everything I needed


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  • Banned (with Prison Access) Posts: 5,524 ✭✭✭owenc


    They are expensive because the have to be.. and anyway yous don't have as bad house prices for a 2 bedroomed house here its £250,000 oh and for a 1 acre site its £200,000 and my dad says a 5 acre site should be £50,000 and then down the road in ballymoney its £150,000 for a 5 bedroomed 2 story house, the house prices in this town are a disgrace. Its maybe also because yous just build them where ever yous want i was in donegal like a month ago and the friggen houses were on cliffs and everything in the middle of nowhere, as well as that they were all empty as well... my dad can't even build a house in his field because theres too much traffic on the lane.:rolleyes:


  • Registered Users, Registered Users 2 Posts: 19,473 ✭✭✭✭Super-Rush


    owenc wrote: »
    They are expensive because the have to be.. and anyway yous don't have as bad house prices for a 2 bedroomed house here its £250,000 oh and for a 1 acre site its £200,000 and my dad says a 5 acre site should be £50,000 and then down the road in ballymoney its £150,000 for a 5 bedroomed 2 story house, the house prices in this town are a disgrace.

    So a 2 bedroom house is nearly twice as expensive as a 5 bedroom one? Have you woken up properly yet?


  • Banned (with Prison Access) Posts: 5,524 ✭✭✭owenc


    super-rush wrote: »
    So a 5 bedroom house is nearly twice as expensive as a 2 bedroom one? Have you woken up properly yet?

    Erm aye it is.. go look on some of them websites for houses around here i'm not lying..


  • Banned (with Prison Access) Posts: 5,524 ✭✭✭owenc


    super-rush wrote: »
    So a 5 bedroom house is nearly twice as expensive as a 2 bedroom one? Have you woken up properly yet?


    Already found one really expensive, theres a four bedroom house http://www.propertypal.com/69-lodge-road-coleraine/115023


  • Registered Users, Registered Users 2 Posts: 19,473 ✭✭✭✭Super-Rush


    I'm always doing this.

    What i meant to say was, you're telling me that a 2 bedroom house is almost twice as expensive as a 5 bedroom.


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  • Registered Users, Registered Users 2 Posts: 47 11:11


    I am a member of the current generation of Irish youths (I'm nearly 23) who will probably never buy a house in their lifetime. All of my friends are working but cannot move from their parents house as it is impossible. There's no way unless you are willing to buy land in the country and get a cheap builder to knock up a house. But renting or buying in Dublin is ****ing so aggravating....WHY IS IT SO EXPENSIVE????

    If I got a good enough job and started renting I will NEVER buy a house. All my money will be going into renting. Even if I was a bum and stayed at home and worked I won't have money for a house. Where is everyone going to live in the future?

    Houses should have a set price, plus extra for builder's profit. Not everyone is a rich yuppie.


  • Banned (with Prison Access) Posts: 5,524 ✭✭✭owenc


    super-rush wrote: »
    I'm always doing this.

    What i meant to say was, you're telling me that a 2 bedroom house is almost twice as expensive as a 5 bedroom.

    Erm aye, sure that there one is triple the price of a two bedroom house and its four bedroom.


  • Banned (with Prison Access) Posts: 5,524 ✭✭✭owenc


    11:11 wrote: »
    I am a member of the current generation of Irish youths (I'm nearly 23) who will probably never buy a house in their lifetime. All of my friends are working but cannot move from their parents house as it is impossible. There's no way unless you are willing to buy land in the country and get a cheap builder to knock up a house. But renting or buying in Dublin is ****ing so aggravating....WHY IS IT SO EXPENSIVE????

    If I got a good enough job and started renting I will NEVER buy a house. All my money will be going into renting. Even if I was a bum and stayed at home and worked I won't have money for a house. Where is everyone going to live in the future?

    Houses should have a set price, plus extra for builder's profit. Not everyone is a rich yuppie.

    The land is too bloody expensive too, i mean £200,000 for a peace of **** which isn't even big.. get a grip.


  • Closed Accounts Posts: 2,345 ✭✭✭doolox


    If my experience of house prices in Galway or Dublin are anything to go by, I'd guess that Coleraine is expensive for housing because it is a university town.

    Houses out the country, I'm guessing Ballymoney is out the country from Coleraine, may be cheaper because an owner won't have students to rent out to and won't be able to make as much money on a house in the rural area as he would in a town.

    The price of property is governed by the return you can get from it, the higher return leads to higher prices.


  • Banned (with Prison Access) Posts: 5,524 ✭✭✭owenc


    doolox wrote: »
    If my experience of house prices in Galway or Dublin are anything to go by, I'd guess that Coleraine is expensive for housing because it is a university town.

    Houses out the country, I'm guessing Ballymoney is out the country from Coleraine, may be cheaper because an owner won't have students to rent out to and won't be able to make as much money on a house in the rural area as he would in a town.

    The price of property is goverened by the return you can get from it, the higher return leads to higher prices.

    They are still at a rate that they shouldn't be even more expensive than bloody derry.


  • Registered Users, Registered Users 2 Posts: 19,473 ✭✭✭✭Super-Rush


    owenc wrote: »
    Erm aye, sure that there one is triple the price of a two bedroom house and its four bedroom.

    No what you're saying is that a 2 bedroom house(which is small) is nearly twice the price of a 5 bedroom house(which is big)
    house prices for a 2 bedroomed house here its £250,000
    down the road in ballymoney its £150,000 for a 5 bedroomed 2 story house


  • Registered Users, Registered Users 2 Posts: 47 11:11


    I have yuppie family members who moan and complain because they can't sell their 4 properties! They goes around saying they're broke, after just coming back from their trips to Spain every month.

    Makes me ****ing sick. It's people like that who bought more houses then they will ever need and put up the prices to feather their nest which is already the whole ****ing tree!!

    Now I'm getting pissed :D


  • Banned (with Prison Access) Posts: 5,524 ✭✭✭owenc


    super-rush wrote: »
    No what you're saying is that a 2 bedroom house(which is small) is nearly twice the price of a 5 bedroom house(which is big)

    Yes again if you don't believe me i'll show you an example here, here you go: http://www.propertypal.com/type-b-rainey-park-dunloy/109860


  • Posts: 31,828 ✭✭✭✭ [Deleted User]


    The price will be as high as the banks lending the money will allow it to go!
    It's as simple as that.


  • Closed Accounts Posts: 117 ✭✭Saermegil


    A relative of mine designed and built his house from scratch. It's a huge mansion-type thing with a pool and everything.


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  • Registered Users, Registered Users 2 Posts: 19,473 ✭✭✭✭Super-Rush


    owenc wrote: »
    Yes again if you don't believe me i'll show you an example here, here you go: http://www.propertypal.com/type-b-rainey-park-dunloy/109860

    Thats a 4 bedroom house priced at £135,000 in Ballymena.

    Heres a 2 bedroom house in Coleraine for £60,000, half the price, not double.
    http://www.daft.com/searchsale.daft?id=547023


  • Posts: 31,828 ✭✭✭✭ [Deleted User]


    Saermegil wrote: »
    A relative of mine designed and built his house from scratch. It's a huge mansion-type thing with a pool and everything.

    I built a house as well and the mortgage is less than the rent of a room in Dublin!


  • Banned (with Prison Access) Posts: 5,524 ✭✭✭owenc


    super-rush wrote: »
    Thats a 4 bedroom house priced at £135,000 in Ballymena.

    Heres a 2 bedroom house in Coleraine for £60,000, half the price, not double.
    http://www.daft.com/searchsale.daft?id=547023

    Lol that is an auld thing.. i bet yeh a new house wouldn't be that price. oh and dunloy is outside ballymoney..;) Heres a site like 2 miles or something from me, http://www.propertypal.com/site-windyhill-road-coleraine/30641 that is an absolute disgrace!


  • Registered Users, Registered Users 2 Posts: 1,350 ✭✭✭skywalker_208


    People lay walls of bricks & mortar themselves in their spare time all the time.

    Yea coz theres nothing more to building a house but throwing up a few blocks! :)
    As well as the big list sligopark mentioned theres the fact that you have to go through a rigorous planning process to get permission to build a house and in most cases "local needs" is a factor so the vast majority of people cannot build houses in the vast majority of places....


  • Registered Users, Registered Users 2 Posts: 19,473 ✭✭✭✭Super-Rush


    owenc wrote: »
    Lol that is an auld thing.. i bet yeh a new house wouldn't be that price. oh and dunloy is outside ballymoney..;) Heres a site like 2 miles or something from me, http://www.propertypal.com/site-windyhill-road-coleraine/30641 that is an absolute disgrace!

    Oh never mind.


  • Closed Accounts Posts: 1,103 ✭✭✭North_West_Art


    we bought this 4 years ago for under 250.. its on a half acre site in a very scenic part of the countryside in the centre of Donegal. Its just under 2,500 square feet... we are happy out
    http://www.henrykee.ie/index.cfm?fuseaction=propdetails&Prop_RefId=559&pt=Residential


  • Closed Accounts Posts: 3,604 ✭✭✭Kev_ps3


    11:11 wrote: »
    I am a member of the current generation of Irish youths (I'm nearly 23) who will probably never buy a house in their lifetime. All of my friends are working but cannot move from their parents house as it is impossible. There's no way unless you are willing to buy land in the country and get a cheap builder to knock up a house. But renting or buying in Dublin is ****ing so aggravating....WHY IS IT SO EXPENSIVE????

    If I got a good enough job and started renting I will NEVER buy a house. All my money will be going into renting. Even if I was a bum and stayed at home and worked I won't have money for a house. Where is everyone going to live in the future?

    Houses should have a set price, plus extra for builder's profit. Not everyone is a rich yuppie.

    You could spend 10 grand a year renting, which over a lifetime of renting amounts to a lot of money. Money which could have got you a very nice house.


  • Posts: 31,828 ✭✭✭✭ [Deleted User]


    Kev_ps3 wrote: »
    You could spend 10 grand a year renting, which over a lifetime of renting amounts to a lot of money. Money which could have got you a very nice house.

    Assuming current rents and selling prices that's about 35 years renting to equal buying. Three years ago it would have been about 55 years.

    Difference being is that after 35 years the mortgage stops but the rent continues.


  • Registered Users, Registered Users 2 Posts: 3,420 ✭✭✭Dionysus


    amacachi wrote: »
    Because people are idiots. Renting has been far cheaper for ages and it isn't "dead money", because for most people it won't be long after they've finished buying their shoebox that they'll be put in a home and the house sold to pay for it.

    hehe. That's perspective!


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  • Closed Accounts Posts: 123 ✭✭seawolf145


    I can't understand how it can be that incredibly expensive for a house in this day and age.

    People lay walls of bricks & mortar themselves in their spare time all the time. Why not just have the same concept in mind, be a little more elaborate, and make a house from it?

    Things get cheaper all the time, why can't housing materials? Why aren't there there self-sufficient types out there saying "I built my own house, it took me a few weeks/months, it's made of such and such material, and only cost me a fraction of what I'd have to pay otherwise."?

    Of course, "the man" doesn't want cheap housing. That way the man would have very little to keep people down. Nothing to put on the backs of young people weighing them down and enslaving them for years. (to be fair the man might have a point on this one as otherwise a lot of people such as the ones you see on Jeremy Kyle would have tons more children and house them all). I'm not sure there's a conspiracy going on, I just find it very odd how housing doesn't go down in price over the years.

    In a country built on Greed where corrupt politicians and greedy builders play in the same sandpit,and the average Joe is trying to survive on minimum wages.What do you think.


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