Expensive houses only benefit landowners and downsizers and Banks. It's just bad for Ireland, people, general economy.
We should aim to reduce the cost of housing.
Land is one of the big costs.
We have no shortage of land. Iirc we are the least urbanised country in the EU.
Build underground/light rail reasonable speed point to point line from City centre (or Central transport hub) 30km west (dubhnua). Journey time at 60kmph 30m.
CPO the land. (We can work on how to make this fairer).
Sell land with enforcement to build on it within n years.
Budget to build train: 30*100million per km: 3billion
Build 100k houses around the new town.
3billion/100k: 30k cost per house.
Cost of acre which is 30min public transport commute from City centre: 2 million?
Cost of acre 30km west: 200k?
This would not only create supply it would reduce costs of land and houses in city.
We should aim to reduce the cost of housing.
Land is one of the big costs.
We have no shortage of land. Iirc we are the least urbanised country in the EU.
Build underground/light rail reasonable speed point to point line from City centre (or Central transport hub) 30km west (dubhnua). Journey time at 60kmph 30m.
CPO the land. (We can work on how to make this fairer).
Sell land with enforcement to build on it within n years.
Budget to build train: 30*100million per km: 3billion
Build 100k houses around the new town.
3billion/100k: 30k cost per house.
Cost of acre which is 30min public transport commute from City centre: 2 million?
Cost of acre 30km west: 200k?
This would not only create supply it would reduce costs of land and houses in city.