a) because the Central Bank won’t licence them ie Sparkasse
b) our tenancy/mortgage laws are bonkers, or little enforcement
c) Irish people ‘only rent’ till they buy their own gaff
a) because the Central Bank won’t licence them ie Sparkasse
Does the minister want:
a) more rental property in the state vs owner occupied - and with that increase steered into the hands of large landlords?
b) to keep the ratio of rented vs owner occupied properties about the same, but to make the business environment increasingly hostile to smaller, predominantly domestic landlords but more favourable to larger rental companies?
Does the minister think that large, professional landlords will not maximise their return professionally and ruthlessly?
Is the 4% rent cap ever going to be removed? Will the minister want to read the headlines about him allowing large rent increases as landlords unprofessional enough to have been trapped into a below market rate rent set a proper rent for their properties?
Would someone thinking of renting out a property in Ireland now be extremely unwise to do so without squeezing the absolute maximum rent out of it - as that starting rent could set the returns on that property for years if not decades?
Is the government thinking this trough or are they just looking to be seen to be demonstrating that they are responding to the housing shortage?
Rent Cap legislation came with a 3 year sunset clause - fob to get round constitutional issues - 22 months left to run.
Best landlord I ever had was institutional.
They owned the whole block and were very good at cracking down on anti-social behaviour.
Stuff got fixed very quickly.
There was scope to move around within the development as vacancies arose.
Tenants felt very secure (some there 10+ years) as they knew there was very little risk of being asked to leave once they paid the rent.
I really don’t know why people object to the ‘professionalisation’ of the sector.
There are lots of approved housing bodies (AHBs) which basically get cheap funding from the Housing Finance Agency to buy or build stock. They take people off the local authority housing lists.
What do you mean by institutional?
The development was owned and managed by a single company - I think related to the original developer.
Probably a better part of Nama’s portfolio.
We must be getting close to the peak now
People are getting in touch from everywhere’ - How these €45k garden pods could solve the housing crisis
Pod construction business receiving queries from ex-pats, students, young couples starting out and even older people wishing to down-size
independent.ie/irish-news/p … 18409.html
It’s a wide ranging interview with Thomas Sowell but there are a couple of gems:
This to me looks like a win-win for young people who need to work in the capital and some enterprising business minds.
Admittedly they will be going against powerful interests because of muh property money.
But they could get rich themselves solving the problem so why don’t they say fu to the powers that be?
Pros and cons anyone?
I’m thinking they could be built not just in back gardens but on well regulated possibly gated sites with good access to the city…
Looks like an excellent product
Ignoring infrastructure (roads, footpaths, sewers, water, comms, elecetric) - it costs circa €100k to build 3 bed semi.
However in the real world we can’t ignore these costs or the governments take. This is why it costs €200k plus to build the cheapest house in ballygobackwards.
They’re contrary to development management guidelines in all Dublin local authorities Development Plans. This guy is selling a product without either doing his research or in full knowledge they are not exempted development under any exisitng regulations in built up areas. The 22sqM exemption quoted applies to traditional living space extensions adjoining the rear of a property- anything detached of that size is only permitted in principle if it is a non-habitable structure. Nonetheless I believe solutions of this kind for micro-living have to come on the cards sooner or later- on my own road it’s evident you could accommodate modest mews developments if the design was uniform and of a high standard- and that’s in an estate of 1960s semi-ds- luckily we haven’t had any chancers building the kind of ‘granny sheds’ you see for rent for €1000pcm on daft these days…
Of course, the real problem here isn’t homelessness - it’s the fact that this “lone parent” started having kids at 16 and continued to have more in the full expectation that she’d be supported by the taxpayer. If they want to avoid poverty (the world over) every child really does need a mother and a father living together - a fact that seemed to upset so many during the last referendum.
independent.ie/irish-news/n … n-a-garda-*station-shocking-pictures-expose-homeless-crisis-36899682.html
These upsetting photos show a 10-year-old girl sleeping on chairs pulled together in a Dublin garda station after her family was made homeless when their landlord’s house was repossessed.
Amy O’Reilly (27) took daughter Kya to Ballyfermot Garda Station on Thursday night to find a place to bed down because, she says: “There was just nowhere else to go.”
Amy, who was made homeless with her family three months ago, said her sons Skyler (7) and Cruz (5) were able to stay with their father.
Karen Kiernan, the chief executive of One family, which represents single-parent families, said: "The vast majority of homeless families are one- parent families, women on their own with children."*
Kya, Skyler et Cruz
Way to set them off potential employers
Surely families like this should be forced to take accommodation outside of Dublin (which there is plenty). Ok the kids may need to change schools but in the long term it’s surely the most stable option and beats dragging your kids round the streets.
Inner city urban type can’t be separated from the Ma or ‘de communiteee’.
Luckily for the State, rural types have no infinity to their clan at all and will move anywhere and whats more, will usually pay for their own accommodation too!
I thought the housing crisis was when prices dropped?
Here’s the deal, government needs to target a 2-5% decline in house prices annually.
A 2-5% decline in social welfare annually
A 2-5% decline in public service costs annually
A 2-5% decline in hospital expenses annually.
Put the money back into productive element.
Continuously. When little snow flakes pipe up throw them in jail for life.
So the referendum is done and the distraction that it provided the Govt with has largely passed. The talk of legislation will take up more airtime and of course, the long summer holidays for our politicians is around the corner.
And from Sept to the end of Oct, it’s largely budget19 on the agenda with the possibility of an election soon after.
Will the housing situation remain largely off the agenda for the next 9 months or so, the occasional DAFT report apart?
Will Eoghan Murphy see out his time in the Dept in much the same manner as those who went before him…lots of photo ops but nada to show for it before passing the buck to the next reluctant but ambitious TD?