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 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Sat Oct 27, 2018 9:34 am 
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Single Home Owner

Joined: May 21, 2017
Posts: 196
The FT gives some interesting background on housing in Britain, following the formation of a London Renters Union (which seems to be a website for a small bunch of protesters.)
https://londonrentersunion.org/

I'm astonished by the graph on housing completions - in the early 70s, over 400,000 dwellings a year were completed in Britain and about half were local authority. By the early 90s, the local authorities were virtually out of the game and completions fell below 200,000 p.a. . You won't believe what happened next! :nin

Are we doomed to a pale imitation of every British failure?
https://www.ft.com/content/3e00c2b6-c19 ... 197280d3f7


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 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Fri Nov 09, 2018 11:28 pm 
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Nationalised

Joined: Nov 6, 2006
Posts: 8895
Location: Hollywood
This is obviously in the USA but there are so many similar themes running across 'western' countries for the past 20 years

https://www.bbc.com/news/world-us-canada-46157667

Quote:
Millennial congresswoman 'can't afford rent'

The youngest woman ever elected to Congress has a problem - she can't afford her rent. That is until she starts her new job in January.

After telling the New York Times she's waiting for her first paycheck before renting an apartment in Washington DC, Alexandria Ocasio-Cortez is again being called the "millennial Congresswoman".


Plenty of millenials with issues renting in any so called wealthy country


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 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Sun Nov 11, 2018 11:43 am 
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Too Big to Fail

Joined: Aug 8, 2008
Posts: 3609
Location: Cathair na dTreabh
Sindo
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 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Wed Nov 21, 2018 1:45 pm 
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Too Big to Fail

Joined: Aug 8, 2008
Posts: 3609
Location: Cathair na dTreabh
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 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Wed Nov 21, 2018 11:36 pm 
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Property Magnate

Joined: Jan 31, 2009
Posts: 677
temene wrote:
Sindo
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Perhaps if Mr Scully's company paid a realistic amount of tax, the city/country could afford to spend some money on social housing, which would reduce pressure on the private sector, and thus lead to lower rents.
But the reality is that this type of company is probably much more interested in not paying tax, and the platitudes expressed about employees having a "good experience" are just so much hot air in today's globalised economy.


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 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Thu Nov 22, 2018 5:13 am 
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Real Estate Developer

Joined: Jun 13, 2008
Posts: 806
It's up to the govt tonset tax rates and to actively build more apartments.

At the same time I do think these tech companies could band together and develop large scale projects . However that would still push the price up overall most likely.


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 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Mon Nov 26, 2018 11:41 am 
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Too Big to Fail

Joined: Aug 8, 2008
Posts: 3609
Location: Cathair na dTreabh
IDA plays down rental crisis with '€1,000-a-month' apartment claim to multinationals
IDA advises to tell prospective investors that housing shortage was 'not unique to Ireland'
to stress to companies that monthly rents in Dublin were 'still competitive by international standards'
whilst RTB says standardised average rent for Dublin stands at €1,587pm


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