Anyone?

Sam Boal/Rollingnews

27 thoughts on “In Our Time…

  1. diddy

    repeat after me. uncontrolled non EU immigration on students visas is not exacerbating the housing crisis. #contolthecontolables

    Reply
  2. Owen C

    Renting is very expensive vs most long term affordability (ie vs wages) metrics. Buying/mortgage is not, just moving towards upper bound.

    Reply
    1. eoin

      Buying in Dublin is quite expensive when your property is losing an average of €6,000 (1.6% of €368,000 median) of its value in a month! Isn’t that what happened in January 2019, but, alas, none of fearless media is fearless enough to report it.

      https://cso.ie/en/releasesandpublications/ep/p-rppi/residentialpropertypriceindexjanuary2019/additionalindicators/

      I reckon the eejits paying €295,000 for “Dublin’s narrowest cottage” in Dublin 8 – heavily promoted by the Irish Times and its new acquisition, the Irish Examiner – will be crying into their negative equity cups in no time at all.

      Reply
    2. Termagant

      Our mortgage rates are indisputably higher than the european average.

      Not to mention that in order to make payments on a mortgage you must first have a mortgage to make payments on, which means you have convince a bank to give you a mortgage, and good luck with that

      Reply
  3. Frank

    My parents got a council house in 1960 in Dublin 14. They rented the house from the council for over 20 years and eventually bought it for £6,000 punts. We sold that house at the start of the year for €540,000

    Reply
    1. Andyourpointiswhatexactly?

      I rent in Dublin 14. This makes me sad. Happy for your family, obvs: what’re you going to do, but still.

      Reply
    2. Spaghetti Hoop

      Which means that the house is no longer in council stock = why we have the local authority housing shortage today.

      Reply
  4. Shayna

    I had an old one bedroom house associated to a manor in Old Welwyn Herts. Van Gogh lived there for a bit, whilst travelling – there’s a blue plaque. Also down the road a bit, there’s a pub amidst the wheat growing, George Bernard Shaw stayed for a while – it’s called Shaw’s Corner.
    I paid £425 per month in ’99 – J.C alone knows how much it costs now.

    Reply
  5. fez

    comparing 2011 and now doesn’t matter if you didn’t have a job in 2011 and you do now, thats the situation of a lot of people. I’m not saying it’s not exorbitant, but I didn’t have 300 euro a month in 2011, I’m closer to having the 700 pm than I was the 300 back then

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    1. Qwerty123

      go away with your logic and actual thought out reasons. just inane ‘my rent was x now its y’ comments allowed.

      Reply
    2. Starina

      That’s a nice anecdote but it doesn’t correspond with the % increase in rents and cost of living versus the % increase in wages since 2011.

      Reply
      1. Qwerty123

        It’s not an anecdote, nothing to do with wages, all to do with demand. Look at numbers working now v 2011 and net migration.

        Doesn’t mean rents are affordable now, where the wages argument comes in.

        Reply
  6. RT

    In 2010 I rented a 2 bed apartment with a friend on the top floor of The Alliance Building in the Gasworks in D4 for €1,300/m. Now a decade later they are €4,500/m according to the below article! They haven’t trebled in size, nor has my salary since then! Thankfully over a decade of renting in D2,4 & 6 areas I’ve only ever paid rent for a double room in the range €600-750 p/m – but I know I got lucky with my current rental situation and the rent increase cap before the massive rises in past few years and the rent cap keeps increases manageable.

    https://www.independent.ie/business/personal-finance/property-mortgages/us-investors-reap-dividends-as-home-ownership-falls-37883907.html

    Reply
    1. Rosebud

      I was there too. Even though they are some of the best apartments in the city they are still mean in scale and not designed for long term living. Once NAMA sold the whole block the rent was only going one way.

      Reply

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