Yearly Archives: 2016

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“We’ve never seen rental increases like this in any jurisdiction that we’re aware of”

David Ehrlich (above) chief executive of Ires Reit, Ireland’s largest biggest (tax exempt) landlord.

First Time Buyer writes:

The latest CSO figures put the annual increase in residential property prices at 7.3%.

Moreover, average rents nationwide haves risen by around 12% over the past year, which is the highest rate of annual inflation on record.

Are the two linked? Absolutely!

Dr John McCartney, director of research at Savills, commented that

“the Central Bank rules prevented some people from buying and caused a temporary slowdown in the market. But the frustrated buyers were simply pushed into renting, which has driven up rents. What we are now seeing is a resumption of price growth as investors are being attracted into the market by ever higher rents.”

These increases are not only having a disastrous effect on communities, they are severely damaging our Irish competitiveness at a time that when we need it most.

But rather than address the problem, the Government have chosen to FAN THE FLAMES. Their “Help to Buy” scheme made Davy economists revise UP their growth forecast for house price inflation to 7% and at the same time gained praise from Tom Parlon of the Construction Industry Federation.

Now Minister Simon Convey has signaled that rent controls will not be introduced because he doesn’t want to “put the dead hand of regulation on the construction sector”.

Unfortunately, Simon has missed a trick, because as we know investors love CERTAINITY as they can easily model out their expected return.

Whereas if rents are expected to jump more than 10% a year, they will build this into their bid price; further increasing land and property prices and contributing to the problem.

The government needs to ACT NOW and introduce rent regulation and security of tenure and stop pandering to global wealth funds and the construction sector at the cost to Irish society.

Ireland’s biggest landlord: ‘I feel bad for the Irish people’ (Irish Times)

A spiral out of control: global real estate funds, rental crisis & government policy (Dr Rory Aherne, Tasc)

Act Now For Secure Rents (uplift.ie)

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‘sup?

Via ‘The Dealer‘

I received a note from Carmel Murphy at the weekend about her six-year-old niece Lexi who was recovering from a kidney and liver transplant in England.

Lexi is now almost two weeks over her operation and hopes to be back on her family’s beef farm in Co Waterford in no time

…Aunt Carmel explained that there was something that Lexi needed.

“My niece has just had a double transplant in Birmingham and her request after her operation was to have Lucozade, Hula Hoops and a copy of the Irish Farmers Journal.

“We, of course, granted her this wish. We would love to share this picture with you to let all your team know the great job they are doing and how this paper means something different to all generations and brings joy and conversation to the young and not so young in our family and I’m sure many more like us. We thank you most sincerely for this.”

In fairness.

Brave Lexi battles transplant with with a little help from Irish Farmers Journal (The Dealer, Irish Farmers Journal)

Thanks Aisling Hussey

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Ferrolic: a ferromagnetic fluid clock (still in development) by Zelf Koelman – biomimetic forms driven by an internal system available via a web browser. To wit:

Because the fluid behaves in a unpredictable way, it is possible to give the bodies perceived in the Ferrolic display a strong reference to living creatures. It is this lively hood that enables Ferrolic to show a meaning-full narrative like for instance having the creatures play tag. In addition the natural flow of the material, it can be used to form recognisable shapes and characters. Ferrolic uses these both layers in parallel in order to display scenes and transitions in an poetic, almost dance like, choreographed way.

quipsologies

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Germany’s Führer Adolf Hitler (right) beside Italy’s Duce Benito Mussolini

Gulp.

Did the Irish Times warn us of the dangers of fascism?

Hail no.

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Irish Times, 1928

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Irish Times, 1933

Good Times.

Via @hired Knave

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A look at the social welfare system in Ireland, from the eyes of Roos Demol, a Belgian writer/blogger resident in the country for eighteen years, as posted in Migrants in Ireland, her blog dedicated to stories of the Irish immigration experience.

The last thing I ever wanted to do was to become dependent on social welfare. But things happen. I had to quit my job a few months ago because I needed to be with my daughter who had several health problems, so money was already scarce, then my estranged husband decided to cut the maintenance in half and I was left penniless.

As any mother would do, I got into protection mode and did everything possible to get some kind of income. While looking for jobs, I also signed on for social welfare in the hope it would keep me going.

Ireland has an extremely outdated signing-on system., the endless paperwork, the old fashioned standing in line, the grumpy people in the social welfare office, it was all very unpleasant to experience, but I took it on and went through it, because I had no choice.

Nothing, however had prepared me for the meeting with the social welfare inspector.

Of course, I do understand why an inspection could be necessary, especially since I noticed that in the social welfare office and the community office every document you produce is considered to be fake, and everything you say is considered a lie, even my birth certificate was looked at with suspicion. ( I had to point out to the lady in the SWO that ‘September’ in Dutch means ‘September’ in English. I keep forgetting that Anglophones find understanding other languages very difficult).

I went to the appointment with the inspector as instructed on a Monday at 12. I was a bit taken aback by the office doors that each had a lock and an entry code. What was going on?

The man, blond with little piercing blue eyes, let me into his office, as always I smiled and said hello. He didn’t smile back.

He took my file and looked through it, then he said ‘So are you going back home?’ I looked puzzled. He repeated ‘why don’t you go back home to your family?’. I then realised that by ‘home’ he meant Belgium.

I looked at him in disbelief. I said ‘I’ve been living here for 18 years, my children are Irish, why on earth would I go back to Belgium?’

Then he said ‘So I guess you’re not then’. ‘Because you are going to get money off the state here’ he shouted out loud with a menacing look on his face.

I was bewildered, from then on I knew this was not just a talk about what happened and about the steps I should take, etc. this was an interrogation. I had to keep telling myself I was in Ireland, land of the thousand welcomes. I have borne children here, I have paid taxes, I pay taxes every time I buy something, I pay road tax, I delivered very intelligent and talented children to this country, I organised charity events for Action Breast Cancer , I am a cultural ambassador for the Irish In Europe Association, promoting Irish businesses in Brussels, I did workshops with teenagers from disadvantaged backgrounds, I fundraised money for the local school, brought choirs to small churches in the country side and many more things. but here was a guy telling me I am taking money off the state and telling me I should go ‘home’.

That meeting lasted around an hour. I was treated like a criminal all the way through, everything I said was either ridiculed or sneered at.

I could only think of one thing. What if I was black? What has this guy been saying to other people?

I did not sleep that night, I was completely traumatised. I made a complaint, we’ll see what happens.

I thought about the movies I saw, the books I read about the Magdalen sisters and the industrial schools, Angela’s Ashes and the way poor people were treated in the old days. It was always just fiction, but now I had experienced it myself, it is still happening.

I used to work in the employment office in Brussels, I met people like me, I also worked in prison for six years as a nurse. Never in my entire life have I treated anyone with such disrespect. I am totally disgusted.

I am in bad luck and working hard to get out of it. I am not taking social welfare because in the end I am not yet reaching the (very low) threshold for job seekers allowance, and the thought of ever having to see this man again, makes me sick. I think I’d rather go ‘home’ indeed.

Migrants in Ireland