10 thoughts on “The Squeezed Squeezed

  1. Fully Keen

    Some of the eejits that post on here will love this news. Anything to make them think they are living somewhere like London.

  2. ironcorona

    That’s a bit of an unfair comparison.

    €200k isn’t worth the same thing in all of those places.

  3. MoyestWithExcitement

    Thanks, Al. Developers definitely have our best interests at heart. We should deregulate the industry more, if anything. It’s good that our homes are getting smaller and the increased profits for developers are totally incidental and you’re just some beret wearing socialist if you complain about it.

    1. Disasta

      Ah to be fair now we don’t have as much floor space to clean,
      And sure the €800 Dyson robot will sort that out.

  4. Mulder

    Since the ehh recovery, having been in the intensive, very intensive care unit, the economy has of course, bounced if that be the right word back, though not sure where as never quite sure with the Irish economy.
    So the new measurement, is not the swing the cat test but swing the dog.
    That apartment is soo big, i can actually now swing my dog in it.
    Yipee, the boom is back.

  5. Turgenev

    The French don’t pussyfoot around when they deal with a housing crisis:

    “The (Loi Duflot, 2014 rent control) law, put forward by Housing Minister Cécile Duflot, creates new rent controls with a maximum chargeable rent, allows new cooperative ownership of properties, registers multiple-ownership properties (copropriétés), imposes an obligation on copropriétés to pay into a repair fund, gives more power for intercommunalités or groups of councils to decide housing plans, extends the winter truce during which tenants cannot be evicted and brings in a type of rent guarantee to cover unpaid rents.”

    This law capped long-term rentals (the norm in France) at a max of 20% above the rate set by a local prefecture; short-term rentals have to be cleared with the local council in areas with housing shortages; tenants no longer pay deposits but instead the State underwrites any non-payment of rent.

    The problem was that a lot of apartments and houses were lying empty while a housing crisis got worse and worse (sound familiar?) The solution seems to be working: housing prices, which were rising steadily, have fallen a few per cent each year for the last three or four years, making them more affordable to buy for people on ordinary salaries.

Comments are closed.