Sophrosyne
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We haven’t even got to discussing policies yet, nor are we likely to for some time as this political circus continues.
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The cost of housing is set at the bottom end of the price curve by the cost of production and at the top end by demand. Cheap credit increases the cost of housing. Grants for first time buyers increases the cost of housing.Or it could mean tackling the high cost of housing, bringing down prices for all buyers.
Lets have a referendum on property rights- surely we can draft something that allows for the pricing of development land, that stops hoarding of same etc? We have had referendi for a lot less serious subjects
That's hardly a surprise. We don't elect good politicians.We haven’t even got to discussing policies yet, nor are we likely to for some time as this political circus continues.
Purple,
I wasn,t wanting to be {populist}.
My view is that unless people have a sense of place ,be it rental, ownership,social etc , we are quickly storing up a tsunami of costly social ills, that will well outway the obvious economic costs..
How we square this is down to a Leader taking an overview .
Should it mean , landlords get hit a bit = so be it.
Should it even mean some undeserving leg-lifters get sorted = so be it.
Should it mean solid payers of mortgages pay more to sort this = so be it.
I think we better get ready to pay more to sort ie, swallow that pill !
Delboy.
Agreed , I just don,t get this phobia on property rights.
Surely legislation could be enacted to NOW hit hoarders with a ratcheted annual charge ?
The country has an overload of ghost housing estates, shells of houses not completed, laid foundations for years, empty apartment blocks etc. Most of these are incomplete because of what happened during the recession and property taxes etc. I feel these properties will never be completed and remain a blot on the landscape.
Whatever way we look at these, I reckon it would be reasonably cheap to restart their building. There will be legal proceedings etc. However, if our politicians are serious about alleviating our housing crisis, these incomplete housing estates appear to be a relatively cheap part of the solution.
So if Longford for example has 1000 houses- then that's a big dent of the housing list crisis - schools etc are available the dd with local services.
Longford does not have anything like 1000 houses to spare. What is available is either in the wrong place/ in bad condition or in unruly estates. The schools are at maximum capacity already. The nearest hospital is almost 50km away and that hospital is just at or about the basic level. The Dr's surgeries are already congested. It already has both a social and a drug problem. It has negligible employment. You would be creating a ghetto. It already has one of the highest proportions of social housing to private housing in the country. It has been totally neglected by all Governments for over 20 years. I do not live in it but I am very well acquainted with it.
If it was for a two/ three year period it might allow the councils to get back building in the interim and by the time the houses are available in the capital some families might even prefer the country - rural resettlement worked for some people before
But most of the unfinished houses are in the wrong place. If there was demand for them they would be finished. For the cost of one of the modular houses in Dublin you could buy a block of 6 apartments in places like Longford.
The term of the lease/rental agreement is also an issue; social housing for life is just crazy. The state should not give anyone a house with the expectation they can stay in it for the rest of their life no matter how their circumstances change.therefore Social Housing with rents that are sensible and importantly rents being collected seems the way to go.