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2021 Irish Property Market chat - *mod warnings post 1*

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    #7712
    MacronvFrugals
    Registered Users Posts: 1,015 ✭✭✭MacronvFrugals


    We wonder why people are so desperate to buy, imagining dealing with ghouls like this...

    You had to flush the toilet to get the shower to turn on. And the taps were all leaking. She [the landlady] would say, ‘That’s how it is. If you don’t like it, leave’.

    We told her the windows were broken and she would say, ‘That’s not a landlord problem’. She broke down our electricity bill and was telling us how much it was costing to run our laptops.

    https://www.irishtimes.com/life-and-style/people/ireland-s-generation-rent-after-12-years-renting-i-d-like-my-own-front-door-1.4532209


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    #7713
    Wanderer78
    Registered Users Posts: 28,909 ✭✭✭✭Wanderer78


    MacronvFrugals wrote: »
    We wonder why people are so desperate to buy, imagining dealing with ghouls like this...




    https://www.irishtimes.com/life-and-style/people/ireland-s-generation-rent-after-12-years-renting-i-d-like-my-own-front-door-1.4532209

    its important to remember, theres 'ghouls' on both sides of this fence, its a right mess


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    #7714
    woejus
    Registered Users Posts: 1,497 ✭✭✭woejus


    MacronvFrugals wrote: »
    We wonder why people are so desperate to buy, imagining dealing with ghouls like this...


    Back of a fag packet Landlord / Tenancy registry

    - Landlord ID - pseudonymous
    1 ID for each landlord. Can check their previous rented properties, and lease rates, disputes. Letting without a licence - full revenue rubber glove treatment.

    - Tenant ID - pseudonymous
    1 for each tenant. A registered landlord in the system can check similar feedback / ratings for tenants. Can't get a lease without proving you're a decent tenant.

    - Third party deposit escrow and adjudication.

    Bang a "tax" on all rents to finance it. Fúck it, add it to the bleedin blockchain while we're at it.


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    #7715
    Pussyhands
    Registered Users Posts: 8,239 ✭✭✭Pussyhands


    You'd get tired of the constant whinging from young ones about not being able to get a mortgage.

    Fintan O'Toole has an article saying he got a mortgage 40 years ago aged 24 and it's not possible as a youngster today.

    Firstly, he coupled up and his partner was a secondary school teacher, an exceptional job 40 years ago. The vast majority of 24 year olds today are single and don't have any aspirations of settling down right away. Settling down, buying a house and having kids aged 24 is not very common nowadays.

    Secondly, Dublin in 1981 is not the same as Dublin in 2021. Why are journalists trying to make young people of today yearn for the "good old days" of the 1980's. How many young ones were getting good money working for Facebook in 1981?

    Back in 1981 when you bought a house, you would expect to die at 72. Now, you can expect to die at 82.

    I'm one of the youngsters facing into the housing market as it is today but I'm not feeling sorry for myself.


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    #7716
    Wanderer78
    Registered Users Posts: 28,909 ✭✭✭✭Wanderer78


    Pussyhands wrote: »
    You'd get tired of the constant whinging from young ones about not being able to get a mortgage.

    Fintan O'Toole has an article saying he got a mortgage 40 years ago aged 24 and it's not possible as a youngster today.

    Firstly, he coupled up and his partner was a secondary school teacher, an exceptional job 40 years ago. The vast majority of 24 year olds today are single and don't have any aspirations of settling down right away. Settling down, buying a house and having kids aged 24 is not very common nowadays.

    Secondly, Dublin in 1981 is not the same as Dublin in 2021. Why are journalists trying to make young people of today yearn for the "good old days" of the 1980's. How many young ones were getting good money working for Facebook in 1981?

    Back in 1981 when you bought a house, you would expect to die at 72. Now, you can expect to die at 82.

    I'm one of the youngsters facing into the housing market as it is today but I'm not feeling sorry for myself.

    once again, generational differences, particularly economically, cannot be compared, as there are radical differences under each set of conditions, many younger generations simply cannot repeat older generations methods of achieving these goals as we re currently experiencing economic conditions such as high asset price inflation v's low wage inflation, increasing in precariousness of employment etc etc. we are also a far more open economy compared to previous generations, so we re far more vulnerable to global markets and the movement of capital etc, so different, different


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    #7717
    Mad_maxx
    Registered Users Posts: 13,505 ✭✭✭✭Mad_maxx


    MacronvFrugals wrote: »
    We wonder why people are so desperate to buy, imagining dealing with ghouls like this...




    https://www.irishtimes.com/life-and-style/people/ireland-s-generation-rent-after-12-years-renting-i-d-like-my-own-front-door-1.4532209

    those tenants are just too soft , any tenant with a bit of backbone and understanding of the law can make a landlord dance to their tune , thats how biased the laws are in tenants favour

    that landlord deserves to be hauled to the RTB and fined


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    #7718
    MacronvFrugals
    Registered Users Posts: 1,015 ✭✭✭MacronvFrugals


    Much much better than any government bond!

    Dún Laoghaire-Rathdown County Council signed 25-year lease on 87 Dundrum apartments for use as social housing without seeking opinion other than developer’s on rent levels


    https://www.businesspost.ie/houses/no-independent-valuation-for-eur2k-social-housing-rents-608c0fa6


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    #7719
    mcsean2163
    Registered Users Posts: 1,839 ✭✭✭mcsean2163


    MacronvFrugals wrote: »
    Much much better than any government bond!





    https://www.businesspost.ie/houses/no-independent-valuation-for-eur2k-social-housing-rents-608c0fa6

    It's the beginning of the end, €52 million spent with an assurance from the seller that the price was reasonable.


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    #7720
    Browney7
    Registered Users Posts: 3,099 ✭✭✭Browney7


    mcsean2163 wrote: »
    It's the beginning of the end, €52 million spent with an assurance from the seller that the price was reasonable.

    And the guys/funds/REITs clamouring over themselves to develop "affordable" schemes will define what "affordable" is down the line


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    #7721
    Elessar
    Registered Users Posts: 5,239 ✭✭✭Elessar


    Don't forget councils and approved housing bodies, with (for all intents and purposes) unlimited funds are hoovering up houses and apartments like there is no tomorrow, out-bidding you and most other private buyers and further depleting private housing stock.


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    #7722
    amacca
    Registered Users Posts: 6,788 ✭✭✭amacca


    MacronvFrugals wrote: »
    Much much better than any government bond!





    https://www.businesspost.ie/houses/no-independent-valuation-for-eur2k-social-housing-rents-608c0fa6

    Isn't it amazing primetime aren't doing a couple of specials on something like this


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    #7723
    Villa05
    Registered Users Posts: 4,513 ✭✭✭Villa05


    Browney7 wrote:
    And the guys/funds/REITs clamouring over themselves to develop "affordable" schemes will define what "affordable" is down the line

    It's like we've given the delinquent child the family credit card on the trip to Las vegas

    amacca wrote:
    Isn't it amazing primetime aren't doing a couple of specials on something like this

    Rte are beacon of where the state is headed. They've sold the family jewels and are struggling to meet there everyday expenses despite every household in the country subsidising them.


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    #7724
    RichardAnd
    Registered Users Posts: 3,629 ✭✭✭RichardAnd


    amacca wrote: »
    Isn't it amazing primetime aren't doing a couple of specials on something like this

    People of Ireland
    Be not so bold
    For thy media
    Is bought and sold


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    #7725
    RichardAnd
    Registered Users Posts: 3,629 ✭✭✭RichardAnd


    Villa05 wrote: »
    Rte are beacon of where the state is headed. They've sold the family jewels and are struggling to meet there everyday expenses despite every household in the country subsidising them.

    I worry about this too. As the state's spending continues to grow, I feat they will sell off more and more state assets to keep the upside-down triangle balanced on its head.

    From welfare payments and social services to pay and pensions for legions of civil servants, I fear greatly that the family jewels, as you say, will be sold off to keep this unsustainable, bloated beast alive for another few years.

    Of course, this is hardly a uniquely Irish problem...


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    #7726
    Villa05
    Registered Users Posts: 4,513 ✭✭✭Villa05


    RichardAnd wrote:
    I worry about this too. As the state's spending continues to grow, I feat they will sell off more and more state assets to keep the upside-down triangle balanced on its head.

    What makes it more intolerable is this is being done from a position of great strength and opportunity.


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    #7727
    JimmyVik
    Registered Users Posts: 5,368 ✭✭✭JimmyVik


    Elessar wrote: »
    Don't forget councils and approved housing bodies, with (for all intents and purposes) unlimited funds are hoovering up houses and apartments like there is no tomorrow, out-bidding you and most other private buyers and further depleting private housing stock.


    The council have bought every house that was for sale in my are in the last 6 -8 months. Including my own. Nobody else has a chance.
    I closed on my house when i bought it and before i had even moved into it the ea was approached with a bid massively over what i had just paid for it.
    It was an offer i couldnt refuse, so i said yes. I have since found out the council were the ones who bought it.


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    #7728
    Cyrus
    Registered Users Posts: 19,757 ✭✭✭✭Cyrus


    one for the lovers ;):D

    https://www.myhome.ie/residential/brochure/penthouse-apartment-merrion-village-ballsbridge-dublin-4-d04-vy73/4494137


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    #7729
    Cyrus
    Registered Users Posts: 19,757 ✭✭✭✭Cyrus


    and if you need confirmation that money cant buy taste....

    https://www.myhome.ie/residential/brochure/casa-mia-no-36-abington-malahide-co-dublin/4494099


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    #7730
    houseyhouse
    Registered Users Posts: 686 ✭✭✭houseyhouse


    JimmyVik wrote: »
    The council have bought every house that was for sale in my are in the last 6 -8 months. Including my own. Nobody else has a chance.
    I closed on my house when i bought it and before i had even moved into it the ea was approached with a bid massively over what i had just paid for it.
    It was an offer i couldnt refuse, so i said yes. I have since found out the council were the ones who bought it.

    Is this in Dublin, if you don't mind me asking? Haven't heard of this happening in Galway, where I am. Wondering if it's happening everywhere or in some places only.


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    #7731
    JimmyVik
    Registered Users Posts: 5,368 ✭✭✭JimmyVik


    houseyhouse wrote: »
    Is this in Dublin, if you don't mind me asking? Haven't heard of this happening in Galway, where I am. Wondering if it's happening everywhere or in some places only.


    Yes, Dublin.


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    #7732
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    Cyrus wrote: »
    and if you need confirmation that money cant buy taste....

    https://www.myhome.ie/residential/brochure/casa-mia-no-36-abington-malahide-co-dublin/4494099

    I have no words :eek:
    Cyrus wrote: »
    one for the lovers ;):D

    https://www.myhome.ie/residential/brochure/penthouse-apartment-merrion-village-ballsbridge-dublin-4-d04-vy73/4494137

    lovers of..........


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    #7733
    AdamD
    Registered Users Posts: 12,421 ✭✭✭✭AdamD


    Cyrus wrote: »
    and if you need confirmation that money cant buy taste....

    https://www.myhome.ie/residential/brochure/casa-mia-no-36-abington-malahide-co-dublin/4494099

    Its like an entire house based around 'afternoon tea'


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    #7734
    Zenify
    Registered Users Posts: 861 ✭✭✭Zenify


    It's a full size doll house.


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    #7735
    JimmyVik
    Registered Users Posts: 5,368 ✭✭✭JimmyVik


    AdamD wrote: »
    Its like an entire house based around 'afternoon tea'


    I bet thats celebrity solicitor Gerald Keanes house :)


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    #7736
    awec
    Administrators Posts: 53,447 Admin ✭✭✭✭✭awec


    It's properly tacky. It's a bit grubby too IMO, needs a good spruce up.

    The penthouse apartment is definitely some swingers sex palace type thing.


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    #7737
    Balluba
    Registered Users Posts: 128 ✭✭Balluba


    AdamD wrote: »
    Its like an entire house based around 'afternoon tea'

    At least the colour scheme is not the usual deadpan grey shade


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    #7738
    Cyrus
    Registered Users Posts: 19,757 ✭✭✭✭Cyrus


    Graham wrote: »
    lovers of..........

    mirrors on the bedroom ceiling :P


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    #7739
    Cyrus
    Registered Users Posts: 19,757 ✭✭✭✭Cyrus


    Balluba wrote: »
    At least the colour scheme is not the usual deadpan grey shade

    in this scenario thats not a good thing


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    #7740
    yagan
    Registered Users Posts: 2,702 ✭✭✭yagan


    That house in Malahide looks like it was designed by a thirteen year old who's still big into Disney princess movies.


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    #7741
    zinfandel
    Registered Users Posts: 234 ✭✭zinfandel


    JimmyVik wrote: »
    The council have bought every house that was for sale in my are in the last 6 -8 months. Including my own. Nobody else has a chance.
    I closed on my house when i bought it and before i had even moved into it the ea was approached with a bid massively over what i had just paid for it.
    It was an offer i couldnt refuse, so i said yes. I have since found out the council were the ones who bought it.

    its ridiculous, if they gave private owners the chance to buy at affordable rates, it would free up lots of rental properties and there would not be such a crisis...


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