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  1. #11
    hammer hammer is offline
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    There was a segment on Morning Ireland.

    Lady renting from REIT in Hansfield out past Blanchardstown.

    3 bed for € 2,200 per month

    HAP was € 1920

    What a ************************ ing joke.


    ( Brughahahahahahaha wants all Buy to Lets owned by REITs - What a pillock )
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  2. #12
    Hitchcock Hitchcock is offline

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    Quote Originally Posted by twokidsmanybruises View Post
    Do you really believe that state-owned rentals would be cheaper than privately-owned retails and that a state-owned landlord would not try to gouge for high profits any more than a private landlord?
    The history of state rental projects in Ireland would suggest yes.
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  3. #13
    hammer hammer is offline
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    Quote Originally Posted by Roll_On View Post
    Or we could just build an adequate stock of social units, stop selling them to tenants, and remove silly planning red tape from people who actually want to build apartments. It'd be perfectly reasonable to construct 10 storey blocks of mixed size apartments in Dublin with no underground car park and people would be happy to rent them/buy them, but DCC insists that the only homes have to be luxury homes with dual aspect, it's own laundry room and an underground car park
    Excellent
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  4. #14
    Roll_On Roll_On is offline

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    Quote Originally Posted by making waves View Post
    No - I am suggesting that the government should take the properties into public ownership - with compensation only on the basis of proven need.
    You'd need to have a new constitution, a dictatorship and expulsion from many(most??) international agreements. We'd probably face sanctions also.
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  5. #15
    hammer hammer is offline
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    Quote Originally Posted by Gin Soaked View Post
    Aside from the communist leanings of the OP, there is a very valid point here on how much HAP we waste on private landlords.
    No asset is created. Massive sustainability issue.
    Its "short / medium term" supposedly.
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  6. #16
    Clanrickard Clanrickard is offline
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    There is no homelessness in Pyongyang. Hate to live there though.
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  7. #17
    The Nal The Nal is offline
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    Quote Originally Posted by making waves View Post
    No - I am suggesting that the government should take the properties into public ownership - with compensation only on the basis of proven need.
    We have a free market here. You can't go around taking peoples properties away. We live in the free west baby.
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  8. #18
    Hitchcock Hitchcock is offline

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    Quote Originally Posted by Roll_On View Post
    Or we could just build an adequate stock of social units, stop selling them to tenants, and remove silly planning red tape from people who actually want to build apartments. It'd be perfectly reasonable to construct 10 storey blocks of mixed size apartments in Dublin with no underground car park and people would be happy to rent them/buy them, but DCC insists that the only homes have to be luxury homes with dual aspect, it's own laundry room and an underground car park
    Planning policy and construction guidelines should not be subject to the dictates of private developers and global equity funds whose sole interest is profit making.
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  9. #19
    Gin Soaked Gin Soaked is offline
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    Quote Originally Posted by hammer View Post
    Cut HAP immediately by 30%+

    The REITs wont hang around for long.

    It will free up thousands of properties.
    You may need to allow private BTL holders to cut their losses to a certain extent here. Many are still underwater outside Dublin. Or inn the less attractive bits of Dublin.

    A surrendering to the govt of the property with a haircut to the banks and mortgage holders.

    Ditto non interest only mortgages held by youngish families where the starter apartment became a millstone.
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  10. #20
    hammer hammer is offline
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    Quote Originally Posted by making waves View Post
    No - I am suggesting that the government should take the properties into public ownership - with compensation only on the basis of proven need.
    Dont be so bloody stupid.

    Market value today would do.
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