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29-11-2019, 12:33   #31
beauf
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The well off in Irish society are those who own property. For people to have extra cash in their pocket from their salary each month as a result of not having to pay so much for somewhere to live, this is better for society as the cash would be spread around different sectors rather than having one sector hoover up that cash.

We need to get to a point where it is possible to rent something really cheap for oneself, if desired, for the good of the social and emotional health of society. Then people can pay more for a better quality of place. This demands that property and land prices plummet.
Really what it means is that some portion of development should always be set aside for social need and properly enforced. We aren't doing that. Also we have to control demand. You can't keep fueling a fire you are trying to put out.
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29-11-2019, 12:43   #32
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Really what it means is that some portion of development should always be set aside for social need and properly enforced. We aren't doing that. Also we have to control demand. You can't keep fueling a fire you are trying to put out.
Absolutely, we are at full employment. It's time for the IDA to stop getting more companies to move here as we cannot handle the number of people at the current time. Public transport and housing services need to catch up on the explosion of the numbers working in Ireland the last 6 years.
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29-11-2019, 12:48   #33
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If your figures are correct that’s an average of 350k per house which isn’t outlandish by any means. That’s an average also so for sure there would have been houses cheaper on the estate too.

I’m not sure how you would propose to stop a person selling to the buyer that they want to sell to, we aren’t a communist country.
And another question is could the council have built the houses cheaper? Is the answer is no then it was good business for the council.
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29-11-2019, 12:54   #34
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Absolutely, we are at full employment. It's time for the IDA to stop getting more companies to move here as we cannot handle the number of people at the current time. Public transport and housing services need to catch up on the explosion of the numbers working in Ireland the last 6 years.

That is the most laughable suggestion I have ever heard.... Stop inward investment because we need infrastructure to catch up with the number of people in current employment? What do you think pays for the investment that we badly need in infrastructure (transport, telecommunications, education, health)?

Taxes from economic activity.

But your rationale is to close the door to any new activity to solve the current problem?!?!

Wow, the Poles, French and Italians would love to have you in charge of Ireland. They'd welcome the ones you turn away with open arms.

Absolute nonsense.
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29-11-2019, 13:02   #35
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I think is greed. Also short term contracts and unfurnished properties on the rise on daft. Is absolutely out of control.
Greed ? On what basis ? Unfurnished properties is the nlrm ouside of ireland. Llts of people on thjs forum wishing to rent unfurnised. Most of the laws are geared towards the tenants. Whats the issue ?
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29-11-2019, 13:23   #36
The Student
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Originally Posted by Assetbacked View Post
The well off in Irish society are those who own property. For people to have extra cash in their pocket from their salary each month as a result of not having to pay so much for somewhere to live, this is better for society as the cash would be spread around different sectors rather than having one sector hoover up that cash.

We need to get to a point where it is possible to rent something really cheap for oneself, if desired, for the good of the social and emotional health of society. Then people can pay more for a better quality of place. This demands that property and land prices plummet.
People who own property are not well off, they have scarificed and are paying or have paid for the property. It never ceases to amaze me that people who have made life choices should somehow be held responsible for those who made different life choices that did not work out for them.

At what point should people actually have to live with their choices and accept the consequences of their choices.

Why is it when something goes wrong its societies issue rather than the individuals.

We did have low cost places to rent in the form of bedsits, the govt decided to close them at a time when we did not have any replacements. We know have a situation where we all went high standards of accommodation but don't want to pay for it.

We have to decide what we need not want, we need accommodation, we want accommodation that meets very high standards. If we want the high standards then someone has to pay for it.
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29-11-2019, 13:46   #37
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People who own property are not well off, they have scarificed and are paying or have paid for the property. It never ceases to amaze me that people who have made life choices should somehow be held responsible for those who made different life choices that did not work out for them.

At what point should people actually have to live with their choices and accept the consequences of their choices.

Why is it when something goes wrong its societies issue rather than the individuals.

We did have low cost places to rent in the form of bedsits, the govt decided to close them at a time when we did not have any replacements. We know have a situation where we all went high standards of accommodation but don't want to pay for it.

We have to decide what we need not want, we need accommodation, we want accommodation that meets very high standards. If we want the high standards then someone has to pay for it.
People who own property are the well off. I'm not begrudging, just stating a fact.
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29-11-2019, 14:26   #38
Ronaldinho
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That is the most laughable suggestion I have ever heard.... Stop inward investment because we need infrastructure to catch up with the number of people in current employment? What do you think pays for the investment that we badly need in infrastructure (transport, telecommunications, education, health)?

Taxes from economic activity.

But your rationale is to close the door to any new activity to solve the current problem?!?!

Wow, the Poles, French and Italians would love to have you in charge of Ireland. They'd welcome the ones you turn away with open arms.

Absolute nonsense.
Assetbacked is dead right. Dublin is going through massive growing pains at the moment thanks to the Govt's pro-business agenda. Over the last 5 years, for every 12 jobs created only one home has been built.

Going for 5%+ yoy economic growth and ***k the consequences is not a good policy.
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29-11-2019, 14:37   #39
beauf
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And another question is could the council have built the houses cheaper? Is the answer is no then it was good business for the council.
The cost of housing isn't simply build costs.

Isn't most social provision run at a loss?
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29-11-2019, 15:36   #40
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People who own property are the well off. I'm not begrudging, just stating a fact.
The vast majority of people who own property are more in debt then those who don’t, a mortgage is a debt and has to be repaid, usually with the proceeds from rental income on the property. The vast majority of LLs are also single rental property owners, many of whom have put their savings into it, and are relying on gains to make life easier as they plan for retirement. A considerable number have properties bought for more than they are now worth, even though prices have risen, so it’s a bit disingenuous to categorise all LLs as “well off”.
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29-11-2019, 16:06   #41
Ray Palmer
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People who own property are the well off. I'm not begrudging, just stating a fact.
One person can own 2 houses worth the same as one other person's house. They aren't well off as a result. It isn't a fact they are well off it is your opinion.

A landlord provides a service and you pay for it.
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29-11-2019, 16:09   #42
Salary Negotiator
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The cost of housing isn't simply build costs.

Isn't most social provision run at a loss?
No it’s not, but in terms of acquisition it’s either build or buy. The on going costs, I guess, would be the same regardless of how the property was acquired.
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29-11-2019, 16:09   #43
The Student
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People who own property are the well off. I'm not begrudging, just stating a fact.
So if you are in negative equity are you well off?
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29-11-2019, 16:10   #44
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Could anything be taken from the Berlin rent freeze and capping rent at a certain amount per square meter?*



*I have no idea how this would work in practice.
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29-11-2019, 17:34   #45
beauf
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Could anything be taken from the Berlin rent freeze and capping rent at a certain amount per square meter?*

*I have no idea how this would work in practice.
Nothing Berlin has done has worked. So based on that probably not.

The stupid part is every one else copying what they did and expecting a different result.

Quote:
In 2015, a rent control mechanism was introduced across Germany. The research cites evidence showing that between 2015 and 2017 rents in central Berlin increased by almost 10%. Before the introduction of the control they had been rising by just 1% to 2% each year.
https://www.propertywire.com/news/uk...homes-to-rent/

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Berlin’s plan to control surging housing costs is diverting investment from the squeezed market even before a rent freeze comes into force, according to the city’s largest residential landlord....

....Deutsche Wohnen has postponed construction projects in Berlin and will instead focus on other cities. The company said earlier this month that its inability to raise rents significantly, combined with potential mandated rent reductions, presents a risk to cash flow of as much as 330 million euros ($363 million) over five years.

https://www.yahoo.com/news/berlin-bi...xIpgD4cy9qvdu5

I don't think anyone will be losing sleep abuot their profits. The only concern is how it effects supply.

At this point though its pointless to suggest anything. No one is listening.
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