Firm Foundation

at

Give them 20 years.

They’ll give you the world.

This morning/afternoon.

Áras Mhic Dhiarmada, Store Street, Dublin 1

The launch of the establishment of the Land Development Agency that “could see” the building of 150,000 new homes in the next 20 years.

Above from left: Minister for Finance Paschal Donohoe with Minister for Employment Affairs & Social Protection, Regina Doherty, Minister for Housing Eoghan Murphy, Taoiseach Leo Varadkar and Minister for Business, Enterprise and Innovation Heather Humphreys.

Flying pig (out of shot).

New housing agency could see 150,000 homes over next 20 years (RTÉ)

Leah Farrell/RollingNews

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34 thoughts on “Firm Foundation

      1. SydneyT

        Dunno what happened in D12 but in Raheny they were planning on building houses and apartments on playing pitches that are an amenity to the local residents. Seems like a shocking idea to me anyway. At a glance it looks like they made the decision based on wildlife conservation so not necessarily anything to do with politicians or the protests. I’d agree with the decision.
        There are many sites around the city vacant at the moment that are not amenities and are not in wildlife protection areas. Poolbeg is an obvious one. Build housing there.

        1. Donal

          There are at least 25 pitches in saint annes park, the lands being proposed for development are not in the park, local politicians who led a campaign against the development yet also are vocal in looking for more housing should hang their heads in shame (cough cough Aodhan)

        2. A Person

          Here’s the fallacy about the decision. The St Paul’s pitches were not public land. They are however beside a park which is public land and measures 120 hectares and adjacent to the coast, both of which will easily accommodate migrating geese. The protests were led by a social (champagne) politician for the middle class Clontarf. It is a nonsense. We have a shortage of housing in Dublin but we cannot build on a site wholly suitable for housing. Lets all protest about one vacant unit in Dublin 1, as if this would solve the housing crisis (sarcasm). Or lets build in the commuter belt?????

          1. scottser

            that land isn’t zoned residential. it takes a review of the strategic development plan to allow building development there.

          2. A Person

            The lands are zoned institutional in which residential is open for consideration. The Development Plan did not have to be changed to permit res on this site. Where are all the occupiers of Dublin 1 – why are they not protesting this decision?

        3. Frilly Keane

          @ Sid

          t’was a closed down pub with upstairs function room
          with an all you can eat Chinese

          they were using some old stables out the back as one of their reasons
          something to do with local history and heritage

          tbf now
          Dublin City Council put the whole site up for public tender and invited submissions
          so it was open to considering everything
          savage site too

          edit: just found this https://bidx1.com/en-ie/auction/lot/19727

  1. SOQ

    Another agency?

    2 * land registry clerks

    2 * GIS analysts with some CAD experience

    6 * conveyancing solicitors who will take no poo.

    THATS IT. That is all you need. Oh and plenty of compulsory land orders.

    1. Cian

      Here’s 1.25 billion Euro. Off you go
      No need for planning. Or project managers. Or risk assessment. Or compliance. Or procurement. Or legal. Or sales. Or HR. Or management. Or accountants. Or IT. Or FOI people.
      Just get a wheelbarrow, fill it with cash, and use a shovel to get money to anyone that wants to build.

  2. phil

    I sincerely hope some developers will be made even more fabulously wealthy from this…. In all fairness those guys need a boost ….

  3. pedeyw

    Private developers are going to build and profit wildly from building on land that isn’t theirs and 40% will be “affordable” or social. How generous.
    All housing on public land should be social or affordable housing. ALL of it.

      1. phil

        ‘commercial State-sponsored body’ So I assume there will be no defined benefit pensions and little use hanging around with a politician down in the pub if I wanted a job there ?

        1. johnny

          no idea which dept it will fall under-probably Housing but possibly Finance or perhaps the NTMA will run it-Cian may know ?

      2. pedeyw

        Fair enough. My main issue is really why not build 100% social and affordable housing? Does the state actually need a return on any of it?

        1. Col

          I would say because there are loads of people on good wages who need family housing within commuting distance of cities, but it’s not available.

          1. pedeyw

            There are loads of people on decent wages who need family housing within commuting distance of cities and who can’t afford “affordable housing”.

        2. Johnny

          The theory or thinking is that it creates new “ghettos” by concentrating people based on income,or lack off.
          Oh and it’s a stated policy of FG to allow the private market do its “magic” and let the House building fairy,build/magic up thousands of them…..
          It’s completely unclear who’s even in charge,thus avoiding any possible accountability or responsibility…..

    1. Rep

      At a guess, they all look to be checking that the bird poo that landed in front of them didn’t splatter them except for Paschal who seemed not to notice

      1. Boj

        You are incorrect I’m afraid Rep. Leo is mid whip/nae nae while eoghan is about to dab. Someone told regina that she had to stand on that white slab but she did it because she wanted to. Paschal is singing the rainbow theme in his head. Heather is there also.

  4. johnny

    Donohoe is in charge off NAMA- WTF do they do-are they basically a glorified estate agency!

    “Minister for Finance and Public Expenditure and Reform, Paschal Donohoe said: “The adoption of a more pro-active land management role by the State is critical to solving the current housing crisis and creating downward pressure on land prices. The LDA will be given access to land that is already in wider State ownership or control for development, and it will have access to capital from the Ireland Strategic Investment Fund and other private finance, which it will raise itself commercially. This combination of land and capital for investment will enable the Agency to prepare development plans for these sites and subsequently to fund the development of the sites and construction of housing on a commercial basis. This will enable the Agency to make a significant difference to housing supply in the years ahead, which will have far wider competitiveness benefits.”

    “To end December 2017, NAMA had approved asset and loan sales with an aggregate value of €34.6 billion.”

    NAMA fire sales in bulk off state assets to offshore non tax paying yank vulture funds, in just 2016 !

    Project Gem-2.7 Billion-Cerberus
    Project Tolka-1.4 Billion-Colony
    Project Abbey-630 million-Apollo
    Project Beara-230 million-Deutsche
    Projects Emerald and Ruby-4 Billion-Oaktree

    https://www.nama.ie/market-activity/asset-sales/

  5. JunkFace

    150,000 Homes over the next 20 years.

    Do they realise that even methods of building construction will change dramatically over the next 10 years alone! I dunno, these lads…WTF to infinity

  6. realPolithicks

    No doubt that’ll be another 100 million euro in consultant fees…..most of them going to some company that [he who must not be named] will soon own.

  7. Cian

    Wow.
    Yesterday y’all were giving out that the government is doing nothing to solve the crisis and they need to actually build houses.

    Today, they announce a plan to actually build houses and y’all are giving out that it is wrong.

    1. realPolithicks

      “Today, they announce a plan”

      They are very good at making announcements, not so good at the follow up though are they.

  8. Ron

    Did you read the part where they say it will take 20 years? Do you understand the problem with that? Do you need me to spell it out for you? Do you ever give up coming on here with your crap talk?

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