I've spent many years renting and as an owner. My views are coloured by my experiences in both, but I understand I'm just one person, so my experiences are not representative of a national issue.
Why isn't it feasible to rent with kids? I know many people who do it very successfully. If you believe society looks down on renters it may be your own prejudices clouding that judgement.deanpark said:
Not feasible to rent e.g. with kids/ schools and not a great scene generally for renters with the prevailing attitude of society looking down on renters.
Because I'm just one person, one person can never be fully representative of a population.Re above - I'm curious as to how your experiences are not representative of a national issue but you are happy to infer that I'm prejudiced due to society's attitude to renters. It's a tad inconsistent.
I questioned that, as I don't believe that is the prevailing attitude. You haven't provided any evidence that such an attitude exists.prevailing attitude of society looking down on renters.
) The First Time Buyer
The First-Time Buyer’ is a myth that needs to be put into perspective as the ultimate tiny tail that is wagging a very big dog. There are about two million houses and apartments in Ireland. Out of about 24,000 annual house purchases, only around 6,000 are first-time buyers.
This means that national policy is driven by the needs of one third of one percent of all homeowners, and one quarter of annual sales.
2) Generation Rent
‘Generation Rent’ is a myth-making trope that is used to persuade people that they are victims. Through boom and bust, for over 50 years Irish people have been increasingly choosing to rent rather than to buy. Today 30pc of us rent — a sign that Ireland is maturing to align with the European norm in advanced economies.
3) Rent is Dead Money
"
Dead Money’ is another phrase that is used to create a myth of victimhood among renters. It implies that rent money only serves immediate needs, unlike a mortgage repayment that is a form or saving or investment.
This is the equivalent of saying that food money is a waste because you’ll be hungry again tomorrow — so buy a cow, a chicken, an orchard instead.
4) The Housing Crisis
‘The Housing Crisis’ is the greatest myth of all. Readers are invited to google the words ‘Housing Crisis’ followed by a country of their choice. For starters, try Australia, Canada, New Zealand, Israel, Norway, France and the Netherlands.
Your research will tell you that there is hardly a country in the world that does not have headlines about rising rents and house prices, lack of supply, affordability, homelessness, price inflation — to name but a few ills.
...
We have more than 200,000 vacant homes across Ireland. When we encourage or allow the Government to support new-build housing instead of refurbishing then we are choosing to move away from availability and affordability.
As per the last census, 30% of dwellings were rented
17,000 landlords have left the business in the last three years while the number of households in rental accommodation continues to steadily increase.
Only 5% of tenants in RPZ zones reported a somewhat or very negative relationship with their landlord, and only 6% reported they felt very insecure, those with a poor understanding of their rights were far more likely to feel insecure.
We are clearly talking about the private rented sector (not social housing) and that number is only 20%.
Are you confusing number of landlords with number of registered tenancies there? The RTB reported a drop of under 4k registered landlords over the course of 2020.
The RTB's report on the affects of the RPZ measures did assess demographics, but didn't call out any correlation between age and security. Youger people do tend to be more carefree and less considerate of the future though.Yes but the rental demographic is different and so will the baseline for anxiety. When I was a private renter aged 25 my landlord sold up and gave me three weeks to move out. It was a pain but I managed it. At my age with kids in a nearby school it would be a complete disaster.
The majority still do, but that isn't one of the myths being addressed. I wasn't trying to claim otherwise, I was countering the suggestions that renting is unfeasible for families or that everyone in rented accommodation is in constant fear of being kicked out or consider themselves a second class citizens.The best years of my life were spent renting but as soon as I had kids and a stable career in one place I sought to buy. I suspect you did too
No. The RTB says "Number of Private Rented tenancies" in both releases. Number of landlords is cited elsewhere. Click through and have a look..Are you confusing number of landlords with number of registered tenancies there?
No. The RTB says "Number of Private Rented tenancies" in both releases. Number of landlords is cited elsewhere. Click through and have a look..
Your claim that "the number of households in rental accommodation continues to steadily increase" is just wrong.
I think you deleted my comment(s) Leo so it's difficult to cross reference my input.The 30% was quoted in response to Deanpark's comment, it's valid in that context.
Are you confusing number of landlords with number of registered tenancies there? The RTB reported a drop of under 4k registered landlords over the course of 2020.
The RTB's report on the affects of the RPZ measures did assess demographics, but didn't call out any correlation between age and security. Youger people do tend to be more carefree and less considerate of the future though.
The majority still do, but that isn't one of the myths being addressed. I wasn't trying to claim otherwise, I was countering the suggestions that renting is unfeasible for families or that everyone in rented accommodation is in constant fear of being kicked out or consider themselves a second class citizens.
Here's what the CSO has: https://www.cso.ie/en/releasesandpublications/ep/p-cp1hii/cp1hii/vac/4. I'd love to see a breakdown in the 200,000 vacant homes figure.
I think the State puts a floor in the rental market in the form of HAPS. WhenI wonder is that a distortion caused by government rent limits.
If they reduce the rental price they may not be able to increase it again easily and this affects the asset value of the property.
It would be interesting to see how many of those were people moving "back home" due to remote working. I've certainly heard of a number of young people moving back to family homes in rural locations to work remotely in Dublin based jobs.There was indeed a drop in the number of registered tenancies last year.
Good point, it will be interesting to see how the numbers move over the next couple of years.It would be interesting to see how many of those were people moving "back home" due to remote working. I've certainly heard of a number of young people moving back to family homes in rural locations to work remotely in Dublin based jobs.
I doubt there were many families leaving rental accommodation who weren't moving to a purchased home.
Migrants fill the skills shortages in the ITC sector. If we didn't have the immigrants the jobs wouldn't be here.A lot of the shortage in housing construction is got to do with Labour shortages, I know there has been a good debate on more industrialization of construction methods with factory built components which is valid. The reality is that could take a long time to establish and is "blue sky" stuff rather immediately deliverable . If we need more construction workers we should prioritize that for migration visas. Currently cOvid aside it is too easy to get a work permit to work in Ireland. Therefore we need to corall the work permit system into areas of critical shortages like construction, health and hospitality. If it is too easy to get some work permit well then migrants will naturally choose more desirable jobs and the critical shortage areas will remain short of workers.
What? Are you saying qualified nurses wouldn't want to apply for bricklayer visas if that's all they could get?They also fill roles in the health service, especially in areas like care assistants and nursing. Again, they are roles which Irish people don't want to do or don't have the skills to do.
Our nurses bugger off because to countries where they pay less income tax (you know, that tax that's raised to pay them).What? Are you saying qualified nurses wouldn't want to apply for bricklayer visas if that's all they could get?
A mix of IT management and grumpy comment posting, why?What do you do for a living, Leo ?
A mix of IT management and grumpy comment posting, why?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?