Well itās a global trend, more or less. Ireland has a huge shortage of a certain type of home, weāre decades behind some places because of our family dynamics. It didnāt help that when we started to change things the arse fell out of the market. And not just the market, but we decided to destroy the entire industry. As soon as stuff like co living is suggested though some people go ape.
Herbert Simms could built thousands of homes in Dublin because there was lots of slums that people were only too happy to clear. Then there was far cheaper labour and regulation. NIMBYism hadnāt become a widespread past time. Where is the skilled labour to set up a government agency? Are you in favour of large social housing estates even, would you be of the school that believes that everyone has just got it wrong globally.
Outside investors provide overseas capital into the Irish market when banks wonāt lend. These āoutsideā investors are often pension funds, like the ones we invest in.
I do think that mortgage rules should be relaxed for individuals but that wonāt stop BTRs.
Social housing estates doesnt have to be a negative - you can have social housing for middle and higher income earners also - weāre at a time where we have top planners, engineers, and they can be made environmentally friendly ā give over this HAP shite and fund local authorities.
Thereās no one quick fix, but that doesnt mean you do fuck all. Get the ball rolling ta fuck.
HAP is messy but necessary. Itās funny how the left go on about it being welfare for businesses/landlords and silly economics. Most of the programmes they support do just that.
There is a cabal who want another go at social housing.
Let me just get this straight now Tim - has the government has stopped building social housing or what? Where are all the poor people going to live? Could this have anything at all to do with the homelessness problem?
Why canāt these muldoon fucks accept that their business isnāt profitable any more and move on?
Did tape cassette and Space Hopper manufacturers try to bring the capital to a halt when they realised there wasnāt any money in what they were selling?
Sure if they get a price increase for their product youād worry for their young 'uns college grant application. For their sake we should keep prices down.
Iām nearly finished a little project that will automate a 2 hour manual auditing task. My latest test shows the robot completing it in less than a minute.
To be fair Iām not sure itāll be much of a time saver in reality when auditors donāt actually do anything, and your firm wouldnāt get much business if you had a machine that actually did it properly.