Who'd live in a house like this? Part 2

AlmightyCushion · 05-12-2018 5:42pm

Zulu wrote: »

it'd all be over 70K

So even if you had no expenses at all you would still only be paying 52% at most, not 52.4%. Most landlords would have some expenses during the year. Ones with a mortgage would have the mortgage interest as an expense and likely it would be a fairly large expense.

Grayson · 05-12-2018 5:43pm

AlmightyCushion wrote: »

I'm surprised the landlord hasn't tried velcro-ing a few people to the ceiling to make a few extra quid.

When you google "railway street Dublin" one of the google autocompletes is "railway street Dublin shooting"

Looked at it on google maps. Don't think I'd walk up there at night.

tara73 · 05-12-2018 5:43pm

Moonjet wrote: »

Here you go. A fine selection of garden sheds in D15 area for rent, €950 - €1,000 pm

https://www.daft.ie/dublin/apartments-for-rent/blanchardstown/meadow-copse-blanchardstown-dublin-1893306/

https://www.daft.ie/dublin/studio-apartments-for-rent/blanchardstown/huntstown-blanchardstown-dublin-1886186/

https://www.daft.ie/dublin/apartments-for-rent/clonee/hunters-run-clonee-dublin-1883546/

crazy stuff. they all look so similar, all in the same area and they all let by the same agent. I have an image in my head now with this agent running up and down the streets telling the owners plant this type of shed in your garden and I'll find you a tenant for 1000€/month.

Zulu · 05-12-2018 5:46pm

AlmightyCushion wrote: »

So even if you had no expenses at all you would still only be paying 52% at most, not 52.4%. Most landlords would have some expenses during the year. Ones with a mortgage would have the mortgage interest as an expense and likely it would be a fairly large expense.

tracker mortgage so feic all mortgage interest, and little expenses with the tenants currently in there (boiler service €90, management fees, thats about it).
So my average isn't entirely off the mark (out by .4 perhaps), but it's nowhere need as low as others are making out (40%)

Tomw86 · 05-12-2018 5:47pm

Moonjet wrote: »

Here you go. A fine selection of garden sheds in D15 area for rent, €950 - €1,000 pm

https://www.daft.ie/dublin/apartments-for-rent/blanchardstown/meadow-copse-blanchardstown-dublin-1893306/

https://www.daft.ie/dublin/studio-apartments-for-rent/blanchardstown/huntstown-blanchardstown-dublin-1886186/

https://www.daft.ie/dublin/apartments-for-rent/clonee/hunters-run-clonee-dublin-1883546/

Good God :eek:

RayCun · 05-12-2018 5:57pm

Zulu wrote: »

it'd all be over 70K

your income can't all be over 70k, the first 69,999 is under

your maximum marginal rate is 52%, but your tax rate is lower

Zulu · 05-12-2018 6:00pm

RayCun wrote: »

your income can't all be over 70k, the first 69,999 is under

your maximum marginal rate is 52%, but your tax rate is lower

???? Of course it can; we're talking about rental income.

The first 69,999 is other income (wages for example)

2ndcoming · 05-12-2018 6:48pm

Zulu wrote: »

???? Of course it can; we're talking about rental income.

The first 69,999 is other income (wages for example)

Your effective rate is much lower as you have a standard rate band and credits to come off the first 35/40k of your income.

You only pay the highest rates on earnings over certain thresholds. Nobody pays 52% on everything.

Tax affects everyone yet most people are clueless about it, should really be taught more in schools. A lot more useful than most of the sh1t you have to go through for the leaving.

somesoldiers · 05-12-2018 7:47pm

Jesus can ye take the tax talk elsewhere

05-12-2018 10:13pm

AlmightyCushion wrote: »

I'm surprised the landlord hasn't tried velcro-ing a few people to the ceiling to make a few extra quid.

Wait until he decides to hang a couple of hammocks between the bunks!

Reviews and Books Galore · 05-12-2018 10:53pm

zell12 wrote: »

:mad::mad::mad::mad:

Is it sad that I would be tempted to take that?

tara73 · 05-12-2018 11:05pm

Reviews and Books Galore wrote: »

Is it sad that I would be tempted to take that?

yes, sad if you need a room that urgently you have to take it, scary if you take it because you like it...:eek::eek:

aren't there hostels around for 10 bucks a night in Dublin? would be cheaper than this and same style.
I stayed in one the first nights I moved to Dublin for 10 bucks a night. Ok, that was 2005, probably not anymore that cheap...

skooterblue2 · 05-12-2018 11:22pm

Ohhhhh I can see fights and someone getting stabbed so fast

Mollyb60 · 06-12-2018 9:29am

tara73 wrote: »

yes, sad if you need a room that urgently you have to take it, scary if you take it because you like it...:eek::eek:

aren't there hostels around for 10 bucks a night in Dublin? would be cheaper than this and same style.
I stayed in one the first nights I moved to Dublin for 10 bucks a night. Ok, that was 2005, probably not anymore that cheap...

Last time I looked for a hostel in Dublin for a night at the weekend I think (IIRC) the cheapest I could find was around 30 or 40 euros. True it was a weekend night but still. Nothing is cheap in Dublin.

tara73 · 06-12-2018 9:48am

Mollyb60 wrote: »

Last time I looked for a hostel in Dublin for a night at the weekend I think (IIRC) the cheapest I could find was around 30 or 40 euros. True it was a weekend night but still. Nothing is cheap in Dublin.

yes, checked the hostels, nothing there for 10€ anymore.

The one I was in was a dodgy place next to bus eirean station. 8 bed dorm. I think my roommates were working as prostitutes. Not working in the room though!!:eek::D

Buford T Justice · 06-12-2018 10:12am

zell12 wrote: »

:mad::mad::mad::mad:

Surely this sort of nonsense is a fire risk at the least?

wonski · 06-12-2018 10:30am

I actually checked on booking and they were some rooms for around 12-15 euro, with breakfast included. Haven't checked the weekends rates, just next night.

I presume the breakfast is few jugs of milk and a box of cereals, still better than nothing

DublinHun72 · 06-12-2018 4:27pm

Possibly not the worst but looks like a garage converted with the big industrial light over the bed !

https://www.daft.ie/dublin/studio-apartments-for-rent/blanchardstown/parnell-estate-blanchardstown-dublin-1895792/

Grayson · 06-12-2018 4:30pm

DublinHun72 wrote: »

Possibly not the worst but looks like a garage converted with the big industrial light over the bed !

https://www.daft.ie/dublin/studio-apartments-for-rent/blanchardstown/parnell-estate-blanchardstown-dublin-1895792/

The price is a lot better than some of the sheds that have been posted in the last few pages.

DublinHun72 · 06-12-2018 4:33pm

for €1000 a month

https://www.daft.ie/dublin/flats-for-rent/finglas/cappagh-drive-finglas-dublin-1865491/

Tomw86 · 06-12-2018 4:35pm

DublinHun72 wrote: »

Possibly not the worst but looks like a garage converted with the big industrial light over the bed !

https://www.daft.ie/dublin/studio-apartments-for-rent/blanchardstown/parnell-estate-blanchardstown-dublin-1895792/

Definitely not the worst for the money.

Grayson · 06-12-2018 4:36pm

DublinHun72 wrote: »

for €1000 a month

https://www.daft.ie/dublin/flats-for-rent/finglas/cappagh-drive-finglas-dublin-1865491/

Now that is disgusting. It's an actual shed.

Tomw86 · 06-12-2018 4:37pm

DublinHun72 wrote: »

for €1000 a month

https://www.daft.ie/dublin/flats-for-rent/finglas/cappagh-drive-finglas-dublin-1865491/

That's like a house split in two...in fact I'm almost certain it is.

A joke for what you're getting in that area - I had a house not far from there, 3 bed, huge garden and the mortgage was only 800 a month.

Kingp35 · 06-12-2018 4:53pm

DublinHun72 wrote: »

Possibly not the worst but looks like a garage converted with the big industrial light over the bed !

https://www.daft.ie/dublin/studio-apartments-for-rent/blanchardstown/parnell-estate-blanchardstown-dublin-1895792/

Are you supposed to only eat microwave meals?

AlmightyCushion · 06-12-2018 5:05pm

Kingp35 wrote: »

Are you supposed to only eat microwave meals?

People here are far too quick to criticise. You also have the option of pot noodles as well.

DublinHun72 · 06-12-2018 5:54pm

Grayson wrote: »

Now that is disgusting. It's an actual shed.

I’m seeing kennels in some of the photos on the ads for these sheds or “studios” you better hope oul Fido likes you when you’re coming through the back garden late at night

Pyr0 · 06-12-2018 6:31pm

Grayson wrote: »

The price is a lot better than some of the sheds that have been posted in the last few pages.

Key word being shed.

No one living in a first world country should be living in a shed in some strangers back garden for 1000 euro.

retalivity · 08-12-2018 9:41pm

https://www.daft.ie/dublin/houses-for-sale/christchurch/3-clarence-mangan-square-christchurch-dublin-1964280/

A 3 bedroom 42 sqm cottage for 375k. Only 2 in the photos, and they are tight enough...

retalivity · 08-12-2018 9:46pm

https://www.daft.ie/dublin/houses-for-sale/dublin-8/19-greenville-avenue-dublin-8-dublin-1937257/

Wood panelled room - check
Crazy retro style bathroom design - check
carpets & damp everywhere - check check check

fritzelly · 08-12-2018 9:49pm

That bathroom eek
On the bright side imagine all the money you could make renting out the garage.

Sardonicat · 08-12-2018 9:52pm

fritzelly wrote: »

That bathroom eek
On the bright side imagine all the money you could make renting out the garage.

I was checking for a pet iguana camouflaged against that!
Yup, that shed is a potential goldmine.

Thargor · 08-12-2018 10:35pm

retalivity wrote: »

https://www.daft.ie/dublin/houses-for-sale/dublin-8/19-greenville-avenue-dublin-8-dublin-1937257/

Wood panelled room - check
Crazy retro style bathroom design - check
carpets & damp everywhere - check check check

Seems like a bit of a bargain if you got it for that price tbh...

08-12-2018 10:46pm

Thargor wrote: »

Seems like a bit of a bargain if you got it for that price tbh...

The fact that such a grotty house going for half a million is considered a "bargain", really shows what's wrong in this country.

HeidiHeidi · 08-12-2018 10:49pm

Deleted User wrote: »

The fact that such a grotty house going for half a million is considered a "bargain", really shows what's wrong in this country.

Location, location, location. And off-street parking, both outdoor and indoor.

The house itself is the least of that deal.

Thargor · 08-12-2018 11:50pm

Deleted User wrote: »

The fact that such a grotty house going for half a million is considered a "bargain", really shows what's wrong in this country.

Big rooms, multiple off street parking spots, a yard with an outbuilding and a large enough garage 15 minutes walk from the Hapenny Bridge? The site on its own is worth a big chunk of the asking price.

What would you say is a fair price?

tara73 · 09-12-2018 10:16am

Deleted User wrote: »

The fact that such a grotty house going for half a million is considered a "bargain", really shows what's wrong in this country.

yes, it's the condition that makes it unattractive. I was wondering, is it possible to tear it down and build a new one? I know it would be madness too, costwise. but I'm just curious if DCC would allow it. Probably only if you build the exact same thing like it was.

Graces7 · 09-12-2018 10:38am

Meanwhile in lovely Leitrim.... put your glasses on maybe..

https://www.daft.ie/leitrim/houses-for-sale/carrick-on-shannon/corlea-kilnagross-carrick-on-shannon-leitrim-1090484/#img=8

09-12-2018 10:42am

Deleted User wrote: »

The fact that such a grotty house going for half a million is considered a "bargain", really shows what's wrong in this country.

Explain, what exactly does it show that's wrong with the country?

whiskeyman · 09-12-2018 12:22pm

Graces7 wrote: »

Meanwhile in lovely Leitrim.... put your glasses on maybe..

https://www.daft.ie/leitrim/houses-for-sale/carrick-on-shannon/corlea-kilnagross-carrick-on-shannon-leitrim-1090484/#img=8

Love the Genus Beef poster in one of the bedrooms!

Not for vegans, that's for sure!

Graces7 · 09-12-2018 1:31pm

whiskeyman wrote: »

Love the Genus Beef poster in one of the bedrooms!

Not for vegans, that's for sure!

saw one house that had what looked like a well wrapped body on the floor!.

09-12-2018 1:45pm

Aarav Prickly Rodeo wrote: »

Explain, what exactly does it show that's wrong with the country?

The very fact that such a grotty house, that the best thing to do with would be to bulldoze and rebuild is priced at half a million euros. Really brings into focus the lack of affordable housing there is in this country.

Of course, the beneficiaries of these high prices are sitting pretty, while others are paying hundreds a month for a bunk bed in a shared house in the city due to the lack of affordable accommodation.
I wonder how many bunk beds a slumlord could fit into that garage.

Graces7 · 09-12-2018 2:19pm

Graces7 wrote: »

saw one house that had what looked like a well wrapped body on the floor!.

See

https://www.daft.ie/leitrim/houses-for-sale/dromod/dromodbeg-dromod-leitrim-1939614/

photo 8...

Thargor · 09-12-2018 3:02pm

Deleted User wrote: »

The very fact that such a grotty house, that the best thing to do with would be to bulldoze and rebuild is priced at half a million euros. Really brings into focus the lack of affordable housing there is in this country.

Of course, the beneficiaries of these high prices are sitting pretty, while others are paying hundreds a month for a bunk bed in a shared house in the city due to the lack of affordable accommodation.
I wonder how many bunk beds a slumlord could fit into that garage.

Its not even that 'grotty' though, it's just dated. Paint and new carpets would modernise most of it, a new bathroom and a few trips to Woodies and IKEA would sort the rest. Anyone handy with DIY could make a big return on their investment or have one of the nicer family homes in town for not a whole lot higher than the build cost of a place that size plus the site, you're within short walking distance of O Connels St and the IFSC / Google docks there, it's really not as bad as you're making out.

Im always watching Bray prices and its not far off them tbh.

BattleCorp · 09-12-2018 3:14pm

Thargor wrote: »

Its not even that 'grotty' though, it's just dated. Paint and new carpets would modernise most of it, a new bathroom and a few trips to Woodies and IKEA would sort the rest. Anyone handy with DIY could make a big return on their investment or have one of the nicer family homes in town for not a whole lot higher than the build cost of a place that size plus the site, you're within short walking distance of O Connels St and the IFSC / Google docks there, it's really not as bad as you're making out.

Im always watching Bray prices and its not far off them tbh.

Paint won't get rid of that damp.

BBFAN · 09-12-2018 8:34pm

HeidiHeidi wrote: »

Location, location, location. And off-street parking, both outdoor and indoor.

The house itself is the least of that deal.

Dublin 8 includes Dolphins Barn amongst other gems. You really think it's a desirable location?

HeidiHeidi · 09-12-2018 10:15pm

BBFAN wrote: »

Dublin 8 includes Dolphins Barn amongst other gems. You really think it's a desirable location?

Dolphin's Barn (which I live quite close to, as it happens :rolleyes:) is the other end of Dublin 8 from the advertised house. Do you actually know where it is? It's a very trendy, desirable location.

BBFAN · 09-12-2018 10:22pm

HeidiHeidi wrote: »

Dolphin's Barn (which I live quite close to, as it happens :rolleyes:) is the other end of Dublin 8 from the advertised house. Do you actually know where it is? It's a very trendy, desirable location.

Do I know where it is? That's where I'm from. :rolleyes: and there's nothing trendy or desirable about it.

HeidiHeidi · 09-12-2018 10:24pm

BBFAN wrote: »

Do I know where it is? That's where I'm from. :rolleyes: and there's nothing trendy or desirable about it.

Well there clearly is, if they're pitching a house which needs a lot of work at that price!

09-12-2018 10:47pm

HeidiHeidi wrote: »

Well there clearly is, if they're pitching a house which needs a lot of work at that price!

The asking price is just an expectation, if there's a lot of interest, buyers can outbid eachother and the price goes up and none the sellers have to drop the price until someone buys, or take it off the maket.

Thargor · 09-12-2018 11:46pm

BattleCorp wrote: »

Paint won't get rid of that damp.

No but running a dehumidifier and a bit of basic DIY will, then repaint, still yet to see anyone post what they think the price should be for a house that size in that location should be...

Who'd live in a house like this? Part 2

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