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Next governments affect on housing market

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  • Registered Users, Registered Users 2 Posts: 2,763 ✭✭✭Sheeps


    woohoo!!! wrote: »
    Very good thread on the type of housing that should be persued
    https://twitter.com/Orla_Hegarty/status/1228639214268538885?s=19

    Orla Hegarty is an anti-highrise activist who bases all her views on housing, based on the false premise that land is non-hedonic. That may work for public housing being built on public land, but it is not the case for private development built on private land in this country. Unless invoke constitutional change on this matter, land in this country will always be hedonic. Her interest is first and foremost is stopping high-medium rise development in Dublin rather than solving the housing crisis.


  • Registered Users, Registered Users 2 Posts: 803 ✭✭✭woohoo!!!


    Sheeps wrote: »
    Orla Hegarty is an anti-highrise activist who bases all her views on housing, based on the false premise that land is non-hedonic. That may work for public housing being built on public land, but it is not the case for private development built on private land in this country. Unless invoke constitutional change on this matter, land in this country will always be hedonic. Her interest is first and foremost is stopping high-medium rise development in Dublin rather than solving the housing crisis.
    Nope, she points out that high rise does not equal affordability as once you go over 6 storeys, the construction price increases dramatically. Or in other words, name an affordable high high rise?. Office blocks, hotels etc can do this and make a return, the equivalent for residential is only available for the higher earners. This is based on the construction costs study done by the department.


  • Registered Users, Registered Users 2 Posts: 8,184 ✭✭✭riclad


    We are in the eu, in theory we are close to millions of workers,
    new zealand is not ireland.the government owns 1000,s of acres, of land.
    We could reduce costs by building higher , new zealand and australia have higher house,s prices than ireland.
    Its not likely that people from the eu will travel to new zealand to build house,s .


  • Moderators, Society & Culture Moderators Posts: 32,285 Mod ✭✭✭✭The_Conductor


    riclad wrote: »
    Its not likely that people from the eu will travel to new zealand to build house,s .

    Plenty of Irish have done just that over the past decade.


  • Registered Users, Registered Users 2 Posts: 2,763 ✭✭✭Sheeps


    woohoo!!! wrote: »
    Nope, she points out that high rise does not equal affordability as once you go over 6 storeys, the construction price increases dramatically. Or in other words, name an affordable high high rise?. Office blocks, hotels etc can do this and make a return, the equivalent for residential is only available for the higher earners. This is based on the construction costs study done by the department.

    As I said, that is only true where you take the land cost out of the equation. When you build above 6-12 storeys there is an increased cost per unit as you go up sure, but ultimately when you're building on expensive land you can only maximise it's potential by increasing the number of units on a site if you stack the apartments high.

    In any case, if you look at any city where high rise is a solution, high rise is mostly limited to commerical property. This frees up land for lower medium rise residential 8 -12 storey buildings which are more ergonomic for living in.


  • Registered Users, Registered Users 2 Posts: 803 ✭✭✭woohoo!!!


    Sheeps wrote: »
    As I said, that is only true where you take the land cost out of the equation. When you build above 6-12 storeys there is an increased cost per unit as you go up sure, but ultimately when you're building on expensive land you can only maximise it's potential by increasing the number of units on a site if you stack the apartments high.

    In any case, if you look at any city where high rise is a solution, high rise is mostly limited to commerical property. This frees up land for lower medium rise residential 8 -12 storey buildings which are more ergonomic for living in.
    I've no issue with 8-12 storey, I'm just examining the price of building. I think high land prices can be ameliorated somewhat with a use it or lose it clause to tackle dereliction/vacancy/hoarding in a targeted manner. The price of finance for developers is a problem, but no easy solutions. Fees and taxes could be targeted also.


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