Rental Costs - Unreal!

The Potatoes are gone.
I know, import more carb consumers!
The demand will spike the market, there will be a surge.
The surge will save us all in this together.
The science is in. Trust me.
The Potatoes were always at WAR with us.
The Potatoe is now a Consumer.
They are fleeing our WAR.
The Baby Consumers could be Potatoes.
The Potatoes have a right to Consumer Babies.
A cluster of consumers is not a Potatoe.
Potatoes Lives Matter.
“Carbs” is a far right conspiracy.
Proclaiming undying “hunger” is Hate Speech.

Nothing new is it, it’s been like this for years and years and years.

It’s almost 15,000 residential properties on AirBnb Vs around 1K on daft.

It looks like the market simply moved sideways, out of one sector into another, since the peak of supply back around 2011 (iirc) was about 13,000 residential properties for daft.

2008

Correction, it was more like 07/08

It’s like peering into a different universe.

2019

How Daft figures stack up today:

Dublin: 443

Houses: 132
Apartments: 263
Studio: 27

Dublin accounts for 50% of the available Residential Rental Housing supply.

Ireland: 891

Houses: 391
Apartments: 439
Studio: 43

391 gaffs to rent in the country, here is the breakdown by beds (daft.ie):

#Beds Qty Lets
1 Bed 21
2 Bed 58
3 Bed 149
4 Bed 117
5 Bed 31
6 Bed 10
7 Bed 2
8 Bed 2
9 Bed 1
10 Bed 0
11 Bed 0
12 Bed 1
13 Bed 0
14 Bed 0
15 Bed 0

76% of 3 Beds are in the €200 - €2500 price range.


Summary of Rental stock levels trend using daft figures.

Year Total for Rent
2007/2008 13,000 +/-
2019 (prev. post) 5498
Today (2022) 891

Irish rentals, in supply terms nearly as bad as LUNA coin, with a estimated 93% collapse in supply since 2008.

Gazing at current impasse, the entire AirBnB block of approx 15K residential units, looks like a nice tidy and profitable way to Landbank the pre-existing residential rental stock, for a a future and maybe imminent smash and grab by the Regime.

It has SFA to do with LL’s tbh, except:

Of all the Loring the Land Politics - how many are AirBnB’ing it?

HAP

HAP has done many things, it’s increased prices and it’s increased immigration.

80% sometimes higher, sometimes lower, but assume 80% of HAP payments are for those relatively freshly off the boat, and that is putting it mildly, hardly scratching the surface of the beast that is HAP.

Rest Of World housing is being subsidised by HAP on Irish soil.

It also steals private stock and coverts it into quasi social housing stock, usual rob Peter to pay Paul regime decl chair policy.

I’ve mentioned it before but the Irish are footing the bill for their own replacements, this is one of the insidious mechanisms used to achieve the Menace population replacement agenda as part of the 2040 plan.

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Not sure if I mentioned this before but some time ago I had business in a Council office. A black lady approached me and asked me when the HAP office was. She was towing luggage with a fresh Aer Lingus tag.

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So anyone who got a free social house by not working and currently still not working, can now also get 14K tax free a year from tenants? FFS

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I’ve given up on trying to understand this new capitalist system, new economics, etc. It’s so fcuked up.

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Everyone in the State housing, no one outside the State housing, nothing against the State housing.

Pleading poverty is the only feasible way of finding accommodation at the moment except for those with the highest incomes or most wealth. What could further empower the state more than that the granting of a state funded house will also furnish an income? Bestowing favour on the anointed and pushing more and more cost onto the benighted future generations.

39th Amendment here we come…

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Imagine someone living alone on the state pension (non contributory).
Up to now, any income from renting a room would be deducted from the pension.
I guess it’s an attempt to get their spare rooms.

Also, widows/widowers,
Someone on the dole or the sick who was left a house from their parent or grandparent.

As for someone on the HAPs, I’d expect the landlord has the right to refuse subletting rooms.

To me, it seems that we’re rolling back to the start of the 20th century with respect to property ownership, only the already wealthy actually owned their own houses, everyone else either rented or were provided with a house as part of their employment.

But with the one critical difference and that many are simply given a place to live by the state, without any return (employment or otherwise) from the tenant.

What could possibly go wrong.

Great idea.

Those of us who work and pay tax will now have the option of renting rooms off people who’ve been provided with housing paid for with our tax money.

A great little country

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100% true and pretty bleak. It’s like your competing against your own tax money.

Bunking Down In A Dublin Hostel Is Now More Pricey Than A Luxury Sun Getaway (extra.ie)

A two-week stay at a hostel in the capital this summer will hit holidaymakers’ pockets harder than spending a fortnight at a luxury all-inclusive resort in the sun, research by Extra.ie has found.

A comparison between staying in Dublin or jetting away to the Caribbean, Italy, or the Algarve in June showed that it is actually cheaper to fly away for a five-star holiday.

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