Anger over ‘affordable’ redevelopment.
INDIVIDUALS or couples will have to earn at least €108,000 a year and have savings of €42,000 to buy a category of ‘affordable’ homes in the O’Devaney Gardens redevelopment.#not1home https://t.co/0Zwf7WzQJr
— Mick Caul (@caulmick) September 11, 2019
On Tuesday, Dublin City Council central area committee announced Bartra Capital [who are behind the Dun Laoghaire co-living experiment] as the preferred developer for the O’Devaney Gardens site [near the Phoenix Park].
The plan will see half of the 824 units being private – 30 per cent (192) as social housing and 20 per cent (165) as affordable housing. Some 56 of the houses are already under construction as part of a separate deal with Careys Construction.
A discount of 30-40 per cent will apply on the affordable units, with a price range for a three-bed apartment of €360,000-€420,000 and a price range for a two-bed house of €270,000-€315,000.
The council’s report says the development will not feature any student accommodation, shared accommodation or studio apartments.
On public land.
Good times.
Co-living developer the preferred bidder for O’Devaney Gardens plan (Irish Times)
Previously: O’Devaney Gardens on Broadsheet.
and they look mank, and it’s a rough area.
No, O’Devaney was the rough part- near all the social problems came from there. And, you’d have the manicured part of Phenoix Park five minutes walk way which is a big plus.
affordable my hoop
they will just be brought by landlords and leased back to the council via HAP. All should go to council imo
You need a good proportion of private (owner occupied) in there to avoid it returning to a ghetto. Though who’d buy THERE, for THAT price, is a different matter…
exactly, nobody would, it will just go to landlords. And we will pay them via HAP, and they will enrich themselves, whereas the council need to take ownership and do their job. Having people who work next to people who don’t never works and wont stop it turning into a ghetto. I can think of several estates where houses are unsellable due to the proportion of local authority tenants in their either via council direct or HAP. Anti social behaviour and poor upkeep of properties being the main issues.
but….but.. it looks so nice from the plans. Those 14 trees they plan to plant will last ,what …2 weeks? before being snapped in half by scrotes. The place will look like the flat complexes in Fortunestown a year after completion.
I get your point, but the council are absolving themselves of their responsibilities in housing local authority tenants to the private rental market. Will not end well
HAP isn’t a lease to the council it’s a scheme where rent is paid to the landlord on behalf of the tennant. The property is still a private rental.
Yes, but the rent is paid to landlord by the council
“a three-bedroom apartment will cost €420,000 and this includes a discount of up to 40pc on what is considered market value.”
This shows how seriously broken the housing market is.
Eoghan Murphy should be sacked.
That should eliminate a lot of the former scum elements
now ur back on form. you had gone too serious for a bit there.
It’s a thin line as you well know former Dr
yep. sometimes ya wanna give your opinion.. other times, ya just wanna push some buttons
Schrodniger’s D-bag: A guy who says offensive things and decides whether he was joking based on the reaction of people around him.
“A discount of 30-40 per cent will apply on the affordable units”
Who pays for the discount?
I presume it’s the saving from the fact that it was council-owned land or VAT cuts or something?
Nobody, it is hypothetical money that could be earned if they were sold on the open market. It does not exist.
This is the correct answer.
depressing
Sorry to break it to ye
But €420k for a good three bed in the City sounds about right
(In the current market)
But that’s not the point
City Council should have developed the site themselves via contractors
The problem is not developers
The problem is the sale of publicly owned – Residential Zoned assets to the private sector
We are loosing the capacity to manage our own housing needs
As well as reducing the role of our Local Authorities in local decisions about its own population, and its own local housing needs
That’s nuts
and I’ll repeat again the example of the Army Barracks
No effin’ way should they have been sold off on the open market
“But €420k for a good three bed in the City sounds about right
(In the current market)”
It’s not about what’s right in the current market, it’s about what the council is describing as “affordable”. But it is not affordable to “the overwhelming majority of Dublin households”.
The problem is the definition of affordable
but the bigger problem is forcing this onto people who qualify for the support as their only option, like those shared mortgages were
Long Term Letting, Sustainable Local Housing Schemes,
Cooperative Housing Schemes
National Building Programmes
Cooperative Credit
Jesus, why is it all glass half empty and the bad bold Private developers
There’s plenty we can do ourselves with the local Authorities and local Housing Associations and the Cooperative Movement without having anything to do with the Dept of Environment & Eoghan Murphy
It seems a bit more expensive than what I’ve seen apartments go for in Dublin lately, albeit one could explain that by saying these are new builds. It’s outrageous to suggest this represents a 30-40% discount on top of that, though.
Just to make sure we are blaming the correct organisation here:
DCC don’t really have the money to develop the site themselves.
Not in their housing budget at least, which comes from the Department of the Environment.
Disaster capitalism in action. Public assets yet again being privatised. Dismantling the public sector piece by piece.
The whole notion of “affordable housing” is such an obviously terrible one that I’m surprised politicians are happy to trot it out as some kind of positive measure. If a discount of 30-40% is required to make housing affordable, then most housing is unaffordable by a very massive margin. This is not normal. This is not okay.
So a 1 bed apartment will cost €150 and without discount €210- is that right? Does it mean that a couple will need to be earning under 50k a year for the discount? What about single people?
Sorry misread-duh. So how much is the actual cost of a one bed then?
The closest similarity to this would be Herberton (Fatima Mansions). Is there much difference between the T & C’s of there and O’Devaney? There appears to be quite a lot of rentals in Herberton, at least on Daft.
That’s more because no one wants to live in Herberton as it is a hive of antisocial behaviour. Honestly even at a 40% discount I would not even consider buying an apartment in a development where more than 20% of the other units the development are social- it’s so galling to be kept awake at night or made feel unsafe in your own home by neighbours who you are paying for.
and this is the crux of the issue, there are going to be lots of empty apartments and houses around the city as the council are absolving their responsibility onto the private market.