Grappling with the housing crisis: Fresh approaches needed


#801

imho, everything is sewn up as it is. We’re in an ECB fueled holding pattern for the last few years, it would have to be an external trigger that would change the status quo with respect to Ireland’s property prices/rent situation. (This could actually be worse.)

The next thing on the horizon, locally might be if/when the property holding funds cash in after reaching the duration required to obtain their capital gains exemptions. That will take a year or 2 to have any noticeable effect.


#802

Was the CGT exmeptin not amended in the past 12 months so that the 7 year rule no longer applies to the REITs/American investors?


#803

There are four single bed houses on the corner of carysfort ave and the (former) blackrock bypass that are social housing. only saw one occupied.

the govt is sitting pretty. and for more distractions, there is the presidential election and the the other two amendments to the constitution. I wonder who pulls the plug on this giver


#804

RTE trying to shift the focus back to housing to some degree.

Joe Duffy show yesterday had Boucher-Hates standing in- he suggested on a few occasions that the Citizens Assembly should be brought back to look at areas such as housing, health service and direct provision. He mentioned housing a few times to 2 former members of the Assembly and they thought it would be a good idea.
The 9pm news last night had a report from Gardiner St in Dublin 1 where a lot of families live in hostel accomm. 2 young Dublin men complaining that they’ve had to share the 1 room with their respective families for a few years now and no sign of a house yet. 1 single Dublin mother who has to drop her child off to school on the Sth side which means a lot of hanging around for the day until the kid has finished school but it looks like she is about to get keys to a house.


#805

33% of those studied who presented as homeless in 2016/17 in Dublin were foreign nationals and this is expected to rise further due to Brexit!
(2/3’s of that 33% are from outside the EU!)

rte.ie/news/ireland/2018/06 … -homeless/


#806

Isn’t it more the case that foreign nationals are arriving in the country “presenting” as homeless? Different thing altogether. And the notion that Brexit will result in a large influx of foreign homeless is bizarre and tells you all you need to know about the lack of enforcement of our immigration and residency rules.


#807

Sindo screams
House prices will continue rising until 2021
ESRI estimates 8%-9% this year, 4%-7% in 2019


#808

Minister gets hands on with plastic yesterday, whilst telling untruths about ‘phantom’ houses
twitter.com/MurphyEoghan/status … 0912017415


#809

The woman and her nine kids FORCED to live in tents on a Cork beach
Examiner


#810

Newstalk and under PC presenter Johnathan Healy will be ‘covering’ this story after 10am

How did Kitty Holland miss this story!


#811

The housing situation in Dublin has interesting spillover effects. You are seeing this with the generation that did the leaving cert in small town Ireland and left to go to college in 2008, 10 years back.

Many did their courses and got jobs as professionals in Dublin. Now the wheel is turning full circle.

In a town out in in East Galway where it was difficult to recruit a few years ago a large number are jacking in their FULL time jobs in Dublin and moving back home. They have given up.

  1. The pharmacies have no problems getting locums or pharmacists, they are fleeing Dublin hospitals that only pay €30k a year to 5 year qualified professionals. They are better off locuming and staying with the mammy at home…and after Mammy obligingly puts them on the insurance as named drivers of course. :slight_smile:
  2. The local schools are seeing full time Dublin teachers applying in droves, often for fractional posts sometimes as little as 12 hours instead of the 22 hours they have full time in Dublin. They cannot afford to live there with full time jobs and have no notion of ever affording their own houses and are quite happy to take fewer hours outside Dublin because, again, they can afford it as they are back home.

This loss of talent is unsustainable in Dublin, it simply cannot continue. The entire social fabric is heading for collapse within 3-4 years unless accommodation comes onstream and the likes of Guards, Nurses, Teachers and Health Professionals can afford to live in Dublin (renting not buying of course).

In short, this is an emergency way beyond homelessness now. Google and Amazon gigs won’t keep the schools open.


#812

Well indeed. A city as expensive as Paris where Pharmacists are paid anything like €30k with 5 years post qual experience is heading for a heavy fall.

Political fallout from this will be interesting in the next few years.


#813

And we go live to the scene…


#814

A relative who graduated in that time as a teacher was telling me that in her London school there were over 20 fresh Irish graduates teaching there and it did make me wonder, are we actually producing too many teachers?

It’s not like immigration into Ireland stopped during the bust years, some industries sailed right through.


#815

Law Society calls for revamp of Fair Deal to boost housing stock

irishtimes.com/business/eco … -1.3544895


#816

The public service will soon have to grapple with the fact that:

  1. it pays the same countrywide, even though housing costs vary more than they ever have
  2. starting salaries are generally quite good, but very slow to increase

This leaves most public service workers in the home-buying demographic (30-35) priced out of most of Dublin.

For the rest of the country, it is generally quite a good living.


#817

Prove it!

Firstly, most “public servants” in Dublin ate CS not PS.
This means they are on CS grades not PS grades.
Secondly, take a look at Dublin area pay rates for government employees and you will see that they are signoficantly higher than private sector wages as they are hired to higher grades than public servants in the rest of the country.


#818

Not so. civil service is of course a subset of public service.

The majority of public servants in Dublin are in fact not civil servants but hospital administrators, fire staff, teachers, guards, etc.

These are all working on national pay scales but facing Dublin housing costs.


#819

So should all land be zoned for development within 25 km of the city centre, as McCarthy suggests? Sounds reasonable to me unless there’s some compelling reason not to in a particukar area.

For some reason McCarthy is fond of American analogies when describing Leinster geography. In that piece ‘the plains of North Dakota’ and ‘rolling prairies’ both get a look in.


#820

Yes, Dublin and Galway were both relatively expensive outliers as late as maybe 1995 but Dublin went nuts thereafter, a Dublin Weighting should be brought in.