As much as I hold FG in contempt the fact is NAMA were offering backstop pricing guarantees on house purchases as late as 2015.
I bought one from them in 2014 and told them not to bother with the guarantee [extra paperwork]
House is now worth 2.5x what I paid
Alot of people whining today could have availed of the offer I took but the herd were still talking things down
Smart and ballsy lads being chastised for being smart and ballsy by lads who stood on the sideline and were willing lads to come unstuck.
You may well see lads renting now being ok while lads who bought in last year or two feel the pressure as interest rates increase
Youâre right yeah, young and poorer people should have all bought houses ten year ago. Good point mate.
ECB clowns punishing self starting punters in a futile attempt to curb the EC caused inbuilt inflation
lots of young people were making good cash then, spending it on holidays and avacados. they were being told they were mad to buy, ghost estates boooooooo!
what entitles a young person to a home?
Why do you think that is?
It costs 40% more for DCC to build than AHB or the private market.
That is the policy many in here claim to want to see. Examples given have been European state that use this model.
Regardless, it has always been political stupidity to allow him to pontificate and berate them on the airwaves while allowing his charity to get full credit for developments funded and partially developed with authorities.
I wouldnât disagree that more should have been built.
Instead of spending money on âŹ5 increases in the dole annually in a market of full employment, it should have been more of houses.
It wouldnât have solved the issue though. The reality is that we stopped building houses during the acute phase of the financial crisis. There were very few people saying we should have been either. Thatâs the backlog.
The ramp up in home construction arose because of Murphyâs reforms. He was hounded out of office before he could get anywhere near solving the issue.
Iâve been consistent, all I want to know is whereâs my free house?
Thatâs complete nonsense in fairness. Weâre a long time with the capacity to be building again post crisis. Itâs been successive FG ministers and governments that havenât done it. The current crisis is a result of FG policy.
Are we? Do you realise how many construction workers left during the crash?
The ramping up of new building began once the IMF/EU fiscal constraints lifted.
How many construction workers left during the crash?
Is there anything specific you would like me to assist you with regarding the discussion on Ireland politics?
How many construction workers left Ireland in the aftermath of the global financial crisis which struck in 2008-09?
Iâm not certain about the exact number of construction workers who left Ireland after the global financial crisis in 2008-09. However, according to a report by the Central Statistics Office (CSO), between 2006 and 2016, the number of people employed in the construction sector dropped by almost 150,000. This could be an indication that a significant number of construction workers may have left Ireland during that period.
To add to Ceist- that was less than half of the number from that date.
Did any of them come back?
Significantly below other industries.
Increase of 17k since those figures so still a fraction of what it was.
Thatâs a great initiative, fair play to them.
The line on councils seeking 40m for planning departments and getting 5 says a lot about the degree to which the government is treating this as an emergency. Iâve commented a few times on here about councils being resourced to do this work. Their resources come from the department of housing.