Rental Costs - Unreal!!


#1022

Only successful to some degree - it’ll slow future rent hikes.

But the rents have already skyrocketed in last 2 years… which is exactly what the lads put that loophole in there for. Job done! 8DD

Now there’s a relatively high baseline set for the next 7000 units to come online - which would have otherwise started off with rents (in the same restricted areas) of about 20% less.

This. Is. Ireland.


#1023

Tax the crap out of greedy landlords says Cork Charity boss after four drug addicts die…

irishexaminer.com/breakingn … 57205.html

*The head of Cork City’s Penny Dinners charity, Caitriona Twomey, has called on the Government to spend more money on frontline services in a week which saw the death of four men who used the service.

In an impassioned Facebook post that has sparked a huge online reaction, Ms Twomey said more needed to be done to help those impacted by addiction and mental health problems and to sort out the rental crisis, which has left many working people unable to afford food.

**“Greedy Landlords are destroying the Rental Market and forcing people to become Homeless ( Tax the Crap out of these landlords ) and control the Rental Market.” ***


#1024

Great idea :laughing:

Irish resident landlords need to be punished for not housing the poor and providing appropriate mental services.

Let them exit the market to make way for the new breed of professional landlord. :angry:


#1026

Her prescription might not be the correct answer. For the sake of a bit of grace, I’d suggest posters keep their sarcastic comments to themselves.

Caitriona Twomey is not an economist, she doing that work for a long time, and is articulating that something is seriously wrong from her perspective. That’s what I took for it.


#1027

So she is not an economist - she took to social media blaming an easy and popular target.

Who has failed to provide social housing, mental services, etc? Who pays her wages?


#1028

@Luan

A soup kitchen founded in Victorian times is feeding the working poor. That’s some centenary
thejournal.ie/readme/cork-pe … 3-Nov2015/


#1029

How much tax would be enough?
It’s pretty much 40% and over unless you’re talking about REITs.


#1030

@Braighni
Clearly, it’s not the solution. It’s a simple wrong answer to a much more complicated problem. There is no point in discussing it in that way.


#1031

True.


#1032

touch.daft.ie/dublin/houses-for … in-1856737

4k a month in Castleknock??!

€4,000/month
1 Beechpark Close, Castleknock, Dublin 15

Pretty sure the 5th bedroom isn’t a proper bedroom


#1033


#1034

Government policy loads costs onto private landlords who in turn pass these onto renters. Why are people surprised?

Historically rents rarely increased for sitting tennents - they were marked to market when the tenant moved out. Now the majority receive a rent review each year.

Regular maintenance is deferred because landlords are encouraged to do a full refurb at the end of the tenancy.


#1035

People generally don’t join the dots because they’re not interested. Government on the other hand would (should?) be well aware of how their actions/regulations will effect the market. There isn’t a good media source in Ireland either that spells out cause and effect.

Agreed, the majority probably set a reminder to issue notification to their tenants.

Yep. Good thing the public demand government do something! :astonished:


#1036

as per other threads on this forum, the techhies are responsible for paying the ultra high rents.
i guess that wia arent part of the gang


#1037

Most people I work with who are most impacted all say they’ll continue to vote FG/FF/Labour. Shur what’s the alternative - they’d be worse

What will it take to wean Irish people off FF/FG? How can people continue to say they’re essentially not happy with how the country has been run for 80+ years yet continue to vote for the same bloody parties?


#1038

In regards to voting, what alternatives do they have?

Lab - The cellulite on the arse cheeks of FF an FG
Sinn Fein - most would rather commit hari kari
IA - Shane Ross and that edjit from Waterford have done them great damage. They will be wiped out. To try and encourage change, I voted for the IA guy in my area Sean Canney, he resigned from the IA because of the post sharing issue.
Social Dems - Roisin and Catherine are principled and admirable individuals, we need more like them.
Greens - I want to, but they still have a stink of them, I like some of their ideas around planning.


#1039

A bit mad to blame the demand side for a supply side issue. You think they should all sleep in their offices?


#1040

Colm McCarthy in yesterday’s Sindo making the link between housing costs and our choice as voters


#1041

Excellent from Colm McCarthy as usual. He has been totally consistent throughout the Celtic tiger years, the bust and now this calamity.


#1042

Unfortunately, housing is an area where Colm does not shine. We’ve seen the failures of the free market in both directions i.e. massive overbuilding in the boom followed by a total failure to build in the past 10 years but, somehow, Colm always blames the same people: the politicians and the NIMBY locals and, boom or bust, he always proposes the same solution - rezoning. He never asks the broader questions e.g. what kind of development results in liveable communities, what is the relationship between the politicians and the builders? Why did we end up with ghost estates in Longford and why did building grind to a total halt? Yes, there are rolling acres of greenfield sites around the M50 but what would it cost to develop them properly i.e. not just access roads and sewage but schools and public transport and recreation centres? Colm is humming the builders’ tune - get the tax payer to fund everything and then clear the way for the builders to cash in.

There is a serious political issue in relying on a free market to develop our cities. The votes of home buyers vastly outnumber those of the builders but, paradoxically, our politicians are beholden to the builders. There is plenty of outrage about the egregious offenders (the Liam Lawlors, the Frank Dunlops, the crowds in the Galway Races Tent) but the systemic problem is rarely discussed and, sadly, Colm McCarthy prefers to ignore it. Ireland is an extreme example perhaps because, at least until the bust, builders and developers were deemed to be members of a rare species, “native entrepreneurs” (not rent-seekers) and, hence, worthy of special protection.