Loki said:Irish people are opposed to high rise and appartment living as general view.
Loki said:For any of your vision to happen population needs to keep increasing and Irish mentatlity of home ownership needs to change. Dublin has to remain as the centre or Irish employment anything else that must happen for your vision? Your opinion of what has to happen is restricted to one vision of the future. Irish people are opposed to high rise and appartment living as general view.
the attitude to apartment living is changing,we actually have a very low amount of aprtments in dublin approx 14% of dwellings in dublin are apartments. we have a population density of 1200 per square kilometre in greater dublin but in greater london its 4500 per square kilometre,we have to and are moving towards this higher density. the planners councills and governement have signalled intent to create high rise in dublin,eg the PD's wanna develop around the docks past IFSC and in port,sean dunne is developing jurys site for high rise/high density because of this move to higher density.the politicans know they have to build up in dublin and this is gonna happen over next decade.Loki said:Proof? As I said property is not zoned by anybody so that is why I doubt the figure as it doesn't make sense.
Where have they knocked down
Again you can tell the furure how do you know what the planners will do.?
Currently Dublin has a height limit and that restricts supply. THe insdustrial sites need to be re-zoned from industrial to residential. The industrail sites I have seen changed are no higher than the original building in th sub-urbs
For any of your vision to happen population needs to keep increasing and Irish mentatlity of home ownership needs to change. Dublin has to remain as the centre or Irish employment anything else that must happen for your vision? Your opinion of what has to happen is restricted to one vision of the future. Irish people are opposed to high rise and appartment living as general view.
A couple of pages ago you had to be told that planning permission was required for the house splitting which you seem to be so sure will prevent housing price meltdown, so I have to say, I'm not convinced about your knowledge in the area of planning.Loki said:I have a fair knowledge of city planning guides and EU regulations. I would love to see where and what you are talking about to see if it is even possible under current laws and regulations.
Glenbhoy said:I look at this whole sorry mess that is a disaster waiting to happen and I ask myself - 'what can the government do now to avert disaster?' - I can't see any obvious solutions - can anyone else? What should they have done over the past 5/6 years that could have prevented us getting close to 'popping point' ie. when the bubble bursts!
Glenbhoy said:I look at this whole sorry mess that is a disaster waiting to happen and I ask myself - 'what can the government do now to avert disaster?' - I can't see any obvious solutions - can anyone else? What should they have done over the past 5/6 years that could have prevented us getting close to 'popping point' ie. when the bubble bursts!
askalot said:Have you not previously posted numerous, oh so numerous, replies that detail why, in the future, houses will be split into multiple living spaces?
Again you avoid answering the quaestion asked. WHere and what is zoned? Where are they knocking down property that is getting planning for high rise bar maybe 3-4 developments? Not enough to make the whole city change a factor I agree but not a sudden sweeping change accorss the city. Most appartmnet living in DUblin is rented and has a transient population. Signal intent does not mena the planners are and will do things you stated as definte. WHat is the height of these high density buildings?bearishbull said:the attitude to apartment living is changing,we actually have a very low amount of aprtments in dublin approx 14% of dwellings in dublin are apartments. we have a population density of 1200 per square kilometre in greater dublin but in greater london its 4500 per square kilometre,we have to and are moving towards this higher density. the planners councills and governement have signalled intent to create high rise in dublin,eg the PD's wanna develop around the docks past IFSC and in port,sean dunne is developing jurys site for high rise/high density because of this move to higher density.the politicans know they have to build up in dublin and this is gonna happen over next decade.
Look you need planing permission to put in a driveway or make it larger. Dublin city Council have never ever made somebody reverse it in a building estate. There are the rules and how the system works in Ireland. You know the rules I know the system. You want to think you know how it works good for you but what have you ever got built?Calina said:A couple of pages ago you had to be told that planning permission was required for the house splitting which you seem to be so sure will prevent housing price meltdown, so I have to say, I'm not convinced about your knowledge in the area of planning.
As many people don't really understand the effect of averaging property prices in a market where the most expensive property in the country is located I think using those values is misleading. THe belief that people must own their houses is part of the problem and complaint about wages not matching.Calina said:Currently, there is a shocking disparity between average income and average house prices in Dublin. I don't believe this is sustainable. When the boiling point comes is, of course, currently a mystery to us all. But I will say this, whether it comes or not, infrastructural problems in Dublin will continue to exist and will continue to need addressed at some stage.
gearoidmm said:Why then, did the prices not drop substantially in the UK over the last 18 months? There was no crash - just a stagnation which appears to be reversing itself. Similarly, the Netherlands had a house prices boom at the same time as us but they had a recession in 2002. Again, there was no drop in prices despite what many commentators saw as significant overvaluation. Are we going to see a similar defying of logic here?
Loki said:WE don't know what is going to happen so stop stating your views as fact and discuss the possible out comes and how they interact instead of stating one possibilty and refusing to listen to other possibilities
....Unbelievable arrogance without any facts stated.
Neffa said:Prices have dropped by 15-20% in parts of London and the SE - the asking prices have moved only a little but there is real haggling potential in the market for the first time in years. E.g. Friends tried to buy a 4-bed in Barnes, SW London - asking £980K - EA told them "off the record" that they'd sell for £900K and they eventually got it for £820K. Our house in London was valued twice in a 15 month period and fell about 15% during that time.
gearoidmm said:This has not been reflected in the official figures (including asking prices and prices on completion). In fact, the last 2 months there has been a significant rise in prices in the SE. There is no evidence of panic selling and in fact there are a lot fewer houses on sale in the London area than there were a year ago as people wait for prices to rise again.
I wonder is this stagnation a possible model for what will happen here rather than a crash?
Howitzer said:Interest rates. Interest rates. Interest rates.
At the first sign of weekness in the UK housing market, which was feeding into consumer spending, or the lack thereof, interest rates were descreased. The Irish house boom 'appears' to be reaching a peak at a time when the ECB has just started a cycle of raising rates, and won't stop cos a few investors/ftb's in Ireland are losing their shirts.
gearoidmm said:This thread is all about opinion and speculation. Nobody is claiming to predict the future but they are trying to make a judgement on what they think might happen based on the economic and social climate. There are somewho belive prices will fall, some who believe stagnation is possible and others who think they will continue to rise. Your constant heckling and berating of other posters and their opinions is adding nothing to the debate. There are many commentators in the media and real estate industry who belive that the doomsayers anre being overly pessimistic and that this boom will roll on for years. They offer cogent analysis as to why they think this will happen, whether one agree with them or not.
Your idea of debate seems to revolve around calling everyone else fabricators and fools and it makes it very hard not to get caught up in a slinging match. I appreciate hearing the opposing view and I agree with some of you points but it would be nice if it you could answer some of the questions others have posed (Duplex for example) rather than resorting to the catch all 'no-one is stating facts'.
THey aren't speculating they are stating that things will happen with certainty. My point is people are not speculating they are stating it as fact.gearoidmm said:This thread is all about opinion and speculation. Nobody is claiming to predict the future but they are trying to make a judgement on what they think might happen based on the economic and social climate. etc...
I ask for people to provide details of FACTS they state. THey are calling me a fool. Asking me questions I have not answered? I think you will find there are a ton of questions I have asked that people stating facts never answered. THe whole use of the term property bubble is a classic of people not knowing the difference between fact and speculation.gearoidmm said:Your idea of debate seems to revolve around calling everyone else fabricators and fools and it makes it very hard not to get caught up in a slinging match. I appreciate hearing the opposing view and I agree with some of you points but it would be nice if it you could answer some of the questions others have posed (Duplex for example) rather than resorting to the catch all 'no-one is stating facts'.
gearoidmm said:There doesn't seem to be all that much analysis out there to explain this.
gearoidmm said:They were decreased, yes, but only by 0.25% and they were still 2% higher than they were a couple of years earlier. 0.25% didn't really put all that much more money into people's pockets although I suppose it did ease people's fears about continuing rate rises. Commentators in the UK had (like the irish equivalents) been talking about the crash that would come when interest rates rose and FTBs were priced out of the market. FTBs are to a great extent now out and interest rates are higher but no crash.
There doesn't seem to be all that much analysis out there to explain this.
Howitzer said:Good vibes?
And interest rates in the UK didn't actually increase by much (1.25% bottomed out at 3.5% July 03, rose to 4.75% Sept 04 according to a wee graph on bbc.co.uk.
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