Screen Shot 2016-01-29 at 12.10.44

Olivia Kelly, in The Irish Times, reports:

“No newly built apartments or houses are available to buy in Dublin city centre, new figures reveal. Numbers recently compiled by the four Dublin local authorities show that of 56 newly built housing schemes currently on sale in Dublin city and county, only 15 have homes available for less than €300,000 – the Coalition’s “starter homes” threshold.”




Dublin city centre has no new houses or flats for sale (Irish Times)

Mark Stedman/Rollingnews

17 thoughts on “How Many?

  1. Joe cool

    The deposit myself and the wife need to buy, is almost the entire price my dad paid for the family home

  2. diddy

    Hold fast boys and girls. If the market is doing what its supposed to do house prices in Dublin have to fall. Wages simply do not match the asking prices and LTV ratios. If the central bank rules are not interfered with expect to a 10% -!5% drop in house prices in 2016. And not a moment too soon

    1. Cian

      I’m not so sure. There are two sides to the house price equation. Wages are one side, but the cost to build is another. Building a house in Ireland is currently ~50% more expensive than in the UK, per square foot, excluding land. Obviously some of this is due to the lack of a VAT exemption on construction supplies, but there’s something else (and I don’t know what) also forcing up costs.

      Fundamentally, prices will be above (normal) wage rates if the cost to build houses is higher than that…

    2. some old queen

      A much ignored fact is that some people done very well out of the boom years and can now afford to buy second or third properties without mortgages. Combine that with the fact that FG have a clear bias towards the wealthy and your figures are unlikely. I hope you are right mind because if home ownership remains out of the reach of younger people then they will continue to leave.

      And who could blame them?

    1. scottser

      dav falls to his knees, raises his fists to the sky and roars:

  3. Truth in the News

    Eamon Ryan on a bike conducting a tour is utter farce, does he not use the
    Luas at lot of the time into to town from Dundrum.
    The Green Party, the prop that kept Fianna Fail in office and that wrecked the
    place…..they are just as much to blame as FF….the should be renamed the Wind

Comments are closed.