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  1. #531
    hammer hammer is offline
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    €350,000 new build FFS.

    Vat included there of € 41,630
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  2. #532
    greagh greagh is offline

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    Any developer who endured the bust is going to be very wary of getting in that game again , it will take new blood to stimulate development but the Irish are too young and not experienced enough for banks to risk money on while the foreign money is vulture funds manipulating the market for a quick turn.
    Another factor is that the market looks toppy already ....
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  3. #533
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  4. #534
    Voluntary Voluntary is offline

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    Quote Originally Posted by Dub01 View Post
    Coveney recently mentioned a figure of 350,000 euro as a base point for starter homes.
    Can I have a 2 bed apartment for half of that sum? If yes then please.
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  5. #535
    Disillusioned democrat Disillusioned democrat is offline
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    Quote Originally Posted by Dub01 View Post
    Coveney recently mentioned a figure of 350,000 euro as a base point for starter homes.
    So basically he's promising any developer prepared to wait a few more years a BIG payday....it's insane.

    FG have a limited time in government and they seem to have landed on property price inflation as their parting gift to their cronies. I suspect once they're kicked out there will be a rush by land owners to offload and then a trickle down that is likely to get a whole new cohort into negative equity.
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  6. #536
    Disillusioned democrat Disillusioned democrat is offline
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    Quote Originally Posted by greagh View Post
    Any developer who endured the bust is going to be very wary of getting in that game again , it will take new blood to stimulate development but the Irish are too young and not experienced enough for banks to risk money on while the foreign money is vulture funds manipulating the market for a quick turn.
    Another factor is that the market looks toppy already ....
    Then the government, that represents the people, not the developers, should be doing whatever it takes to take these developers out of the supply chain. If landowners and developers are sitting on strategic assets required to house the population then let's see some supply side initiatives, not all demand side.

    Past performance demonstrates how ingrained in FG is the need to favour big business and cronies over the population.
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  7. #537
    HarshBuzz HarshBuzz is online now
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    Quote Originally Posted by Disillusioned democrat View Post
    Then the government, that represents the people, not the developers, should be doing whatever it takes to take these developers out of the supply chain. If landowners and developers are sitting on strategic assets required to house the population then let's see some supply side initiatives, not all demand side.

    Past performance demonstrates how ingrained in FG is the need to favour big business and cronies over the population.
    such as? The one that is perpetually mentioned is a site tax but what other (realistic) options are available? Also, what is the timeframe from supply-side initiative to actual housing supply increase, in the right areas?

    How have other countries solved similar problems?
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  8. #538
    hammer hammer is offline
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    So many experts on p.ie who it seems have all the answers.

    They even foresaw the housing shortage in Dublin.

    Probably even predicted that AirB&B would take 3,000 units or so from the available housing stock.

    Probably predicted the huge increase in tourist numbers.

    Probably predicted the collapse of the euro against sterling.

    Probably predicted that house prices would increase 40%

    Not to mention rent increases of 30% in 5 years.

    They all saw this in 2011
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  9. #539
    hammer hammer is offline
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    Can I have their predictions for 2020 so I will know what to do with all my property well in advance
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  10. #540
    TheWolf TheWolf is offline
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    Quote Originally Posted by hammer View Post
    Can I have their predictions for 2020 so I will know what to do with all my property well in advance
    Monopoly is a great game all the same.....just roll the dice.
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