Board index » The IRISH PROPERTY BUBBLE » The Republic of Property

Post new topic Reply to topic  [ 1065 posts ]  [Go to page]   Previous  1 ... 66, 67, 68, 69, 70, 71  Next
Author Message
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Sun Dec 17, 2017 8:22 pm 
Offline
Nationalised
User avatar

Joined: Jul 26, 2009
Posts: 14892
temene wrote:
Bit suspect that a company that owes us €13bn would consider investing €1bn here.
Does have a valid point though


Having been in the room with MNCs and ministers on two occasions I have a fair idea of the pressure tactics that are bought to bear on Irish ministers (think rabbit caught in headlights). Datacenter planning issues aside. All the MNCs that bring in staff from the continent are hitting the same problem they cannot get or retain said staff simply because there is no place for them to stay beyond the short term. That leads to a whole lot of extra costs including long commute times, lost productivity through churn and constant re-training (so the company they join next benefits) not to mention the costs of unfavourable personal tax levels with new overheads on the way that cause employees to re-evaluate their long term future in Ireland. You will always get a certain % of employee churn but with numbers hitting 30%+ per annum that quickly becomes unsustainable for specialist skills.


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Tue Jan 02, 2018 2:39 pm 
Offline
Too Big to Fail

Joined: Aug 8, 2008
Posts: 3345
Location: Cathair na dTreabh
Government agency warns of dangerous transport modes due to housing pressures ..in 2016!
Image


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Mon Jan 08, 2018 12:18 pm 
Offline
Too Big to Fail

Joined: Aug 8, 2008
Posts: 3345
Location: Cathair na dTreabh
IBEC represents the interests of 7,500 businesses and declares:
The cost of renting in Ireland is “damaging competitiveness”.
Failure to solve the housing crisis will mean that prices on other goods will increase in the future

http://www.thejournal.ie/ibec-growth-ec ... 3-Jan2018/


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Mon Jan 08, 2018 5:42 pm 
Offline
Nationalised
User avatar

Joined: Apr 1, 2010
Posts: 10217
Una Mullally has decided the rental crisis is in large part down to landlord greed. You gotta love the last paragraph with its implication that below-market rent is a right which, if granted, would stop tenants from trashing properties.

IT wrote:
The rental crisis is multifaceted, but it’s time to talk about how increases are decisions made by individuals, and to address the role of the landlord in exacerbating the rental crisis. The reason rent is going up is because someone is putting it up.

I’ve lost count of the number of my friends who have had to move out of their homes because the landlord was increasing the rent. This is about greed, as well as a failure to stop greed and incentivise fair rent at policy level. While I appreciate that an acute national housing crisis presents itself in a very specific light to some landlords as an opportunity to increase mortgage payments on their properties so they’ll own them outright sooner, and that they’re only asking for what they know they can get, landlords need to realise that increasing rent causes huge distress for people. They need to realise that while an extra few hundred quid from a property is for them a nice little bump, for their tenant it can be a crippling imposition.

Landlords complain about the investment and hassle of owning a property, and will share horror stories about careless tenants. But owning a property is an infinitely more privileged position than renting one. And if tenants were extended more rights, they would also take on more responsibility.

More...

_________________
"Prediction is very difficult, especially about the future" – Niels Bohr


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Thu Jan 11, 2018 3:01 pm 
Offline
Too Big to Fail

Joined: Aug 8, 2008
Posts: 3345
Location: Cathair na dTreabh
Estate agent Owen Reilly gushes:
Average residential rent per sq. ft. in Dublin 2 is €36.22
Commercial office space is €50-55 psf.
This explains a lot obviously.


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Thu Jan 11, 2018 4:12 pm 
Offline
Under CAB Investigation

Joined: Jun 16, 2007
Posts: 2773
Location: Oighearland
ps200306 wrote:
Una Mullally has decided the rental crisis is in large part down to landlord greed. You gotta love the last paragraph with its implication that below-market rent is a right which, if granted, would stop tenants from trashing properties.

IT wrote:
The rental crisis is multifaceted, but it’s time to talk about how increases are decisions made by individuals, and to address the role of the landlord in exacerbating the rental crisis. The reason rent is going up is because someone is putting it up.

I’ve lost count of the number of my friends who have had to move out of their homes because the landlord was increasing the rent. This is about greed, as well as a failure to stop greed and incentivise fair rent at policy level. While I appreciate that an acute national housing crisis presents itself in a very specific light to some landlords as an opportunity to increase mortgage payments on their properties so they’ll own them outright sooner, and that they’re only asking for what they know they can get, landlords need to realise that increasing rent causes huge distress for people. They need to realise that while an extra few hundred quid from a property is for them a nice little bump, for their tenant it can be a crippling imposition.

Landlords complain about the investment and hassle of owning a property, and will share horror stories about careless tenants. But owning a property is an infinitely more privileged position than renting one. And if tenants were extended more rights, they would also take on more responsibility.

More...

she is the mouthpiece for minister zapper, she should ask her first and see how far she gets.

_________________
advice to future unemployed TDs at the next general election: dont look at it as a failure, see it as an opportunity to 'upskill'.


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Thu Jan 11, 2018 4:44 pm 
Offline
Under CAB Investigation

Joined: Jun 16, 2007
Posts: 2773
Location: Oighearland
temene wrote:
Estate agent Owen Reilly gushes:
Average residential rent per sq. ft. in Dublin 2 is €36.22
Commercial office space is €50-55 psf.
This explains a lot obviously.


within 5 years people will be sleeping in hammocks by their desks.

That's quite a twitter feed, thanks for sharing
also from Owen, €615k for a minuscule cottage in East Wall. https://twitter.com/OwenReilly/status/9 ... 6395074561

_________________
advice to future unemployed TDs at the next general election: dont look at it as a failure, see it as an opportunity to 'upskill'.


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Tue Jan 16, 2018 12:08 pm 
Offline
Planning Tribunal Attendee

Joined: Jul 31, 2011
Posts: 1405
Location: 0-71
ps200306 wrote:
Una Mullally has decided the rental crisis is in large part down to landlord greed. You gotta love the last paragraph with its implication that below-market rent is a right which, if granted, would stop tenants from trashing properties.

IT wrote:
Landlords complain about the investment and hassle of owning a property, and will share horror stories about careless tenants. But owning a property is an infinitely more privileged position than renting one. And if tenants were extended more rights, they would also take on more responsibility.

More...


favourite word of certain kind of humans.. XX

_________________
Why it was so windy there?... I am out.

For future reference, a 'soft landing' theorem:
06/2007: Central Bank predicts soft landing for housing
http://www.independent.ie/business/iris ... 96858.html
It's all grand


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Thu Jan 18, 2018 7:38 am 
Offline
Nationalised
User avatar

Joined: Apr 1, 2010
Posts: 10217
Good news! Now even a teacher can afford a €3,000/month pent house apartment with a swimming pool in Dublin*.

https://www.irishtimes.com/news/crime-a ... -1.3359072



* As long as they share it with AirBnB guests and also claim the dole twice under two different identities.

_________________
"Prediction is very difficult, especially about the future" – Niels Bohr


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Thu Jan 18, 2018 8:45 am 
Online
Nationalised

Joined: Sep 29, 2010
Posts: 8549
Location: London, innit
ps200306 wrote:
Good news! Now even a teacher can afford a €3,000/month pent house apartment with a swimming pool in Dublin*.

https://www.irishtimes.com/news/crime-a ... -1.3359072



* As long as they share it with AirBnB guests and also claim the dole twice under two different identities.

Seems like yer man made a few rookie errors, might have got a away otherwise? :evil:


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Thu Jan 18, 2018 10:08 am 
Offline
Of Systemic Importance

Joined: Nov 4, 2011
Posts: 5736
Location: SthDub
slasher wrote:
ps200306 wrote:
Good news! Now even a teacher can afford a €3,000/month pent house apartment with a swimming pool in Dublin*.

https://www.irishtimes.com/news/crime-a ... -1.3359072



* As long as they share it with AirBnB guests and also claim the dole twice under two different identities.

Seems like yer man made a few rookie errors, might have got a away otherwise? :evil:

Yes, having a profile online was stupid.
Whatever happened to the rule that EU nationals had to leave after 3 months (or is it 6) if they couldn't support themselves. This guy arrived over in 2002 from France and claimed welfare until caught in 2015!!!

I'd say there are thousands more at this and they are a lot smarter about not being caught


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Thu Jan 18, 2018 10:22 am 
Online
Nationalised

Joined: Sep 29, 2010
Posts: 8549
Location: London, innit
FreeFallin wrote:
Whatever happened to the rule that EU nationals had to leave after 3 months (or is it 6) if they couldn't support themselves. This guy arrived over in 2002 from France and claimed welfare until caught in 2015!!!

I'd say there are thousands more at this and they are a lot smarter about not being caught


you're having a laugh? Has never been enforced!

https://www.irishtimes.com/news/social- ... -1.3355298

Kitty Holland in peak Kitty Holland mode wrote:
Former homeless Apollo House residents secure home
Czech couple now have hope for the future and jobs including a space-technology internship

A Czech couple, who came to Ireland in May 2015 “for a new life” but spent more than a year sleeping rough, now have a home and one is interning with a Texas-based space technology company. Tomas Syancek (47) and his wife, Lucie Venglovska (32), sold everything they had in the Czech Republic and came here, believing they were well funded with €3,000. Tomas, a computer programmer with seven computer languages, and Lucie, with experience in hotel work, expected to find employment and a place to live easily.

Instead they stayed for three months in hostels. “I worked first in hotels,” says Lucie, but Tomas, with little English then, found it impossible to get work.


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Thu Jan 18, 2018 12:08 pm 
Offline
Private Tenant

Joined: Oct 7, 2017
Posts: 37
https://www.irishtimes.com/news/social- ... -1.3355298

Kitty Holland in peak Kitty Holland mode wrote:
Former homeless Apollo House residents secure home
Czech couple now have hope for the future and jobs including a space-technology internship

A Czech couple, who came to Ireland in May 2015 “for a new life” but spent more than a year sleeping rough, now have a home and one is interning with a Texas-based space technology company. Tomas Syancek (47) and his wife, Lucie Venglovska (32), sold everything they had in the Czech Republic and came here, believing they were well funded with €3,000. Tomas, a computer programmer with seven computer languages, and Lucie, with experience in hotel work, expected to find employment and a place to live easily.

Instead they stayed for three months in hostels. “I worked first in hotels,” says Lucie, but Tomas, with little English then, found it impossible to get work.


And now they have their forever home!!!!!


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Thu Jan 25, 2018 11:10 am 
Offline
Too Big to Fail

Joined: Aug 8, 2008
Posts: 3345
Location: Cathair na dTreabh
Supermacs boss says that his chain are finding it difficult to attract/keep staff in Dublin due to high rent costs.


Top
 Profile  
 
 Post subject: Re: Rental Costs - Unreal!!
PostPosted: Thu Jan 25, 2018 2:33 pm 
Offline
Private Tenant

Joined: Jun 13, 2014
Posts: 30
Two sets of friends who rent houses (one in Stoneybatter and the other in Phibsborough) for over 6 years (paying about 30-40% below market rent it has to be said) have been given notice from their landlords that they are doing major renovations and they have until May to get out. I have a friend who works in Ryanair and he has heard the same thing from several of his coworkers around Swords.

The rent control areas thing is such a joke- it only sheilded those who had a liveable rent a few years ago until the landlord cops on that this is the only way to get the "market rent"- now that the sitting tenants cannot hide from the rent increases there is going to be alot of anger on the doorsteps for FG at the next election. I have advised one my friends to try to negotiate a rent increase as they will really struggle to find as decent a place they are in for even 30% more rent but the agent refused saying that they know that they could put it on the market now for almost double the current rent AND they would be offered more by potential renters who want to secure it. So they are going to kick them out, put in a new kitchen and paint the place to do just that in May. Absolute craziness.

Complete shit show! Well done Michael Noonan on your fabulous success!


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 1065 posts ]  [Go to page]   Previous  1 ... 66, 67, 68, 69, 70, 71  Next

    Board index » The IRISH PROPERTY BUBBLE » The Republic of Property

Who is online

Users browsing this forum: No registered users and 3 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Jump to:  

Follow, Retweet @dailypinster



Pyramid Built, Is Better Built! - Latest Property Discussions www.thepropertypin.com