As Iād imagine no one will touch this unless they turn a quid which will be impossible.
Now if the arse falls out of the building sector in next 12 - 24 months then that could change too.
Same as the climate activists in England. Wint win fans
How will Pearse square the circle
Forced Labour?
Heāll keep his head down until its safe not to say the wrong thing.
What does he post as here ???
As mentioned, the insurance cost stipulated should be whatās used, plus any extenuating circumstances like rental if vouched for and recorded. The one thing this whole mess could do is have people, with valid claims, take the piss out of the situation. Blank cheques is not the way to go either. Too easy take the money and just not do anything with the build or not build what was claimed for. Not only should the homes be rebuilt, but it should stay with local builders as much as possible and help stimulate and keep a rural economy going
As a by the by, this here is a handy insurance rebuild calculator that is simple to use and gives as good an indication as anything without going into huge details
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Iād agree with most of that but would insurance include the cost of demolition and also factor in changes (or inflation) in the cost of supplies and also rent & storage during the rebuild process?
Iām not trying to wind up anyone but I know from having work done on my own house that a lot of things canāt be reused too easily or can get damaged being removed so they are no good afterwards.
So what argument are you making?
Yes. General insurance claims would be potentially include a demo cost as well as rental costs too. Mostly common in fire damage claims. All have to be verified though with proper documentation
To add, that calculator form includes demo in the rates but not loose fittings etc. or rental costs. There usually is 2 submissions with insurance claims, one for building and one for the other relevant costs
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Like I said in my original post - this is all going to end up costing an absolute fortune and probably way above the ā¬3.2BN estimate.
The issue isnāt Ireland, the issue is the US corporation tax system which has driven companies small and large out of the country to avoid taxation where they can. It is an utter nonsense that the US tax rate was 34-39% (depending on profit) since 1994 and most of the largest companies pay little or no tax in the US. Successive administrations have done nothing about this as the same companies line their pockets with campaign donations.
I donāt see how Ireland has anything to feel guilty about. If MNCs incorporated in the US who design their products in the US pay zero taxes in the US, there is nothing unethical about Ireland charging 12.5% on profits declared in Ireland. At the end of the day the US congress fully supported the tax avoidance policies of MNCs for decades.
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12.5%. Donāt make me laugh.
The lobby system in the US is lucrative indeed.
You are happy with the MNCās paying less tax than the individual, but then you are a right wing big business forelock tugger
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You do know the estimate is 1.4bn but they stuck another 1.8bn into it for added effect? The media love mentioning 3.2bn in every report and comment about the issue.
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To be honest I think thatās still low considering thereās some housing estates, like our own, that have only recently discovered that there is Mica.
I think the lesson was learned in relation to low balling recovery figures during the banking bail out.
Do you think it should be capped?
Is there any suggestion that there would be a limit spent per house so that for instance someone with a very big house might have to build a slightly smaller one to replace it ?
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The spec and finishes will just be impossible. Refitting the original kitchens and all that if possible - trying to make exact replicas of the previous houses. Families refusing for to move in again until everything is perfect, just the way they want it. Living instead in rented accommodation at the tax payers expense. There wonāt be near enough rented accommodation in Donegal anyway.
It will be a disaster. It will go on for over 10 years The more I think about it they should just be given a wad of cash and told to sort themselves out.
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Isnāt the recommendation to government to simply build up the outer walls of every affected home, have we moved beyond that now?