Brendan Burgess
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Ireland’s housing crisis 'stems from shortage of apartments'
Ronan Lyons gave a good talk to the Dublin Economics Workshop yesterday
We have about 150,000 more 3 bed houses than we have families which need them.
We have around 500,000 fewer one and two bedroom apartments than we have people living alone and in couples.
His paper should be available online from Monday.
Brendan
The situation is long since passed! We're in a housing crisis and need them urgently. It's either that or long commutes from 3/4 bed properties with big gardens.When the situation changes so that pressure on available space is such that we have to put people in apartments then we may need to go that way.
There is no housing crisis. There are more empty dwellings than there are people in need of housing. Fake news created by the same vested interests that brought us the financial crises - politicians (30% of the current cabinet are heavily invested in property), developers, builders, financial institutions and their coterie of ne'er do-wells.
In the US they have the 'condo' concept where apartments can be built and the complex is for owner occupiers only. They cannot be rented out. We need the concept here as a condition of the tenancy. I think such complexes would do a lot to make apartments more popular for people looking to buy.
Note that the average individual has slightly less than one testicle and slightly more than one breast.I was speaking to an architect involved in building housing yesterday.
He said that the country probably has enough 3 bed semis already and we don't need to build any more.
The average family size is now 2.4 individuals and so the big demand should be for 1 bed and 2 bed apartments.
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