With rent increasing is now the time to buy a 2nd property from the bank

Ive pointed out above how you can achieve houses for €285/300k in Dublin. Mary Lou was right but she didnt communicate it properly and wasnt helped by the Leo Varadkar saying everyones houses would be in negative equity. Thats not the goal, the goal is to have houses for our kids !!!

I ask again. Who in a house with kids gives a fuck how much their house is worth if their kids can buy a house around them and dont have to emigrate.

Do you think a Teacher or a Garda should need the assistance of a government backed scheme to buy a house? Seriously? What next end up like britain and school teachers have to use food banks???

Margaret Thatcher reduced school teachers wages to nothing and they ended up with a broken system cos no one wanted to teach. Our country was built on our education system. You might be a tory cunt but Im not.

We need to respect our public servants, Teachers, Garda, Nurses. Do you think its right that they are told the best they can do is to buy 2/3 of their house, under some scheme and live in Kilmore. (Again no disrespect to Kilmore).

Where do the Security men, Cleaners, Shop staff, council staff, bus drivers, live? Do we not need these people in our society? If school teachers and Garda, by your logic are taking up ‘affordable houses’ at €450k on council land, being good value by your logic, where do those earning less wages but wages that would have got them a house before, and there is a lot, live?

If there is a base for houses, i.e Council houses on council land. And, Land Cost and vat is dealt with by legislation then real affordability can happen

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Legislation around apartments needs to happen and quick. Apartments dont stack up and we need them built. Houses in green fields. Apartments inside the canals and city’s.

Its okay building apartments in the likes of Clontarf for €600/700k cos they will sell with profit but apartment in the suburbs where needed, or parts of town or Limerick or Cork which would only sell for €285/300k cant be built for it, its a stalemate.

The funds are gone so the buy to rent apartments are gone. What is being built will be finished but nothing is coming behind it. That has to be addressed, DCC are crying out for units, yet the planning system is so fucked up there is no one to knock heads and address it.

Density is the main issue but certain unncessary regs for apartments need to be revised and a rethink of regs around change of use from office to apartments, which will be a huge thing in the next 4 years. Should be right away, but everyone holds on hoping they will let their property. It wont let…and Its too costly for change of use anyway.

Everyone wants, and is moving, if they can, to the new green carbon neutral building. The box is ticked for @Little_Lord_Fauntleroy but they are taking a lot less space. It is the large second hand office building they leave behind that cant let. It will be empty for years. No one wants it and there is no new big business coming to Dublin cos we cant house their staff anyway.

What does all this take. Legislation. Should be addressed now but it takes time for the penny to drop.
It will happen but 5 years too late.

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It is possible if you remove VAT, rates etc.

That is picked up by another part of the exchequer, as I keep pointing out.

Mary Lou was not right. She is an idiot. She did it because she didn’t understand the implication.

The people you refer to are for social housing. Why are you conflating the two?

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So, you’re presuming 2 earners on 50k each. So both full time, no kids, no crèche fees, etc etc.
That’s a small window for most couples.
It’s also the government’s job to make unpopular decisions. Like building upwards, and way upwards.
The smoking ban didn’t have much popular support until, oh, it did.

That’s what the scheme is designed for.

The median earnings in Dublin are now likely over €50k with the average higher.

That’s the intention of this kind of scheme. Social housing is a different matter.

The government are already subsidising FTB en masse up to €50k by paying the majority of their deposits.

Foot the Bill?

A French acquaintance told me about this scheme today. He used it himself and met his Irish Mrs there when she was working in southern France.

Has anything similar ever been reviewed for Ireland?

A max 2 years low cost shared accomodation provided by the state.

Sounds dangerously like the evil co-living concept

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https://twitter.com/Glic16/status/1817506233189892455?s=19

Another brand getting out of Grafton St. Only a matter of time before a phone repair shop opens on it.

Grafton Street recovered well since Covid actually.

There was a post on X pointing to closed shops but half of them are part of a new development I believe.

Trouble is, whatever way you try and spin it, ground rents and rates are killing everything but the generics, or the places with long term lease or freeholds.
Once the big funds get involved, it will ape England, where they’d rather leave it empty than drop the rent, and you end up with two Costas, a Starbucks, a pizza express, a jjb sports, three estate agents, TKMaxx and nine charity shops because they are exempt from rates and get free staff. It’s perfectly bland.
If you’re ever in Manchester, take a walk down didsbury high street with it’s high rents, and then down the nearby west didsbury with it’s lower rents , which is full of small independents, and is so much nicer (apart from it should be pedestrianised)

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100% agree. The whole of Ireland is one generic out of town retail park after another with 8 out of the 12 generic stores chosen at random and the high streets are dying because people are, for better or worse, reliant on cars and parking is more difficult and more expensive in urban areas.

It’s a very bad trend and you have to wonder where it leads us in 10-15 years. It’ll all just be one giant tesco in those out of town retail parks.

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Hope Eoghan isn’t being too honest here as it might contradict some Blueshirts view that he did a wonderful job while in office

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@Tim_Riggins just bought 20

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Trains can solve the housing crisis

In parallell to the discussion in the other thread, imagine there was a trainline connecting Tralee, Listowel, Abbeyfeale, Newcastlewest, Rathkeale, Foynes, Askeaton, Adare & Limerick?

Add Dingle to that too

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We’d never have such a widespread system in Ireland…

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You’d have no bottle necks.

It’s an awful pity @Little_Lord_Fauntleroy advocated turning all our railway lines into cycle paths.

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