The scale of institutional ownership in certain places is staggering. In Ireland, nearly half of all units delivered since 2017 were purchased by investment funds.
Go figure……
Historical_Rope_6981 on
Wait until the IT finds out about the demand crisis
98Kane on
Tbf, you can’t solve the crisis overnight.
On a different note, here’s Taoiseach Enda Kenny talking about it 11 years ago.
As long as we don’t keep voting his party or the the precious party in power in, it should be sorted though.
Intelligent-Aside214 on
Is that right? I know house prices are increasing fast but 7% in 3 months seems too much
PsychologicalPipe845 on
One option I can think of would be to make more apartments in the same amount of physical space, like make apartments kinda smaller – I’m always hearing that from potential home buyers – “can’t they just make these smaller?” – I think the market would definitely tolerate this.

Don’t forget this is all your fault etc.
brianstormIRL on
How much of the issue is down to a supply issue versus private companies sitting on approved sites but being in absolutely no rush to start building because the increasing prices favor them massively? I’ve been curious about this recently. A housing crisis is massively beneficial to a private developer because they can sit on every appreciating land assets and charge an absolute fortune for houses once they actually build them, and have no incentive to build them quicker and sell them for cheaper.
Not just housing but it feels like the contracting out of critical infrastructure has completely banjaxed the countries ability to build anything efficiently. Private companies just wring the government dry on contracts and we keep giving out contracts because there’s no other choice. Feels to me like we need actual government divisions for building critical infrastructure instead of private businesses who take a decade to do anything, do it for x10 the cost and make a pigs arse of it anyway.
Altruistic-Pin8578 on
This quote is taken from an article in the Guardian today.
9 commenti
House prices have not risen 7% over the last 3 months according to the CSO…
https://preview.redd.it/4m9f3ppbmfbf1.png?width=680&format=png&auto=webp&s=13fbfaba18fe193ba3fc22c3219125851ac4fa01
Will go higher and higher , multi family mortgages promoted by the government now. [https://mmadvisors.ie/public-sector-mortgages/](https://mmadvisors.ie/public-sector-mortgages/)
The scale of institutional ownership in certain places is staggering. In Ireland, nearly half of all units delivered since 2017 were purchased by investment funds.
Go figure……
Wait until the IT finds out about the demand crisis
Tbf, you can’t solve the crisis overnight.
On a different note, here’s Taoiseach Enda Kenny talking about it 11 years ago.
https://amp.rte.ie/amp/618307/
As long as we don’t keep voting his party or the the precious party in power in, it should be sorted though.
Is that right? I know house prices are increasing fast but 7% in 3 months seems too much
One option I can think of would be to make more apartments in the same amount of physical space, like make apartments kinda smaller – I’m always hearing that from potential home buyers – “can’t they just make these smaller?” – I think the market would definitely tolerate this.

Don’t forget this is all your fault etc.
How much of the issue is down to a supply issue versus private companies sitting on approved sites but being in absolutely no rush to start building because the increasing prices favor them massively? I’ve been curious about this recently. A housing crisis is massively beneficial to a private developer because they can sit on every appreciating land assets and charge an absolute fortune for houses once they actually build them, and have no incentive to build them quicker and sell them for cheaper.
Not just housing but it feels like the contracting out of critical infrastructure has completely banjaxed the countries ability to build anything efficiently. Private companies just wring the government dry on contracts and we keep giving out contracts because there’s no other choice. Feels to me like we need actual government divisions for building critical infrastructure instead of private businesses who take a decade to do anything, do it for x10 the cost and make a pigs arse of it anyway.
This quote is taken from an article in the Guardian today.