Tag Archives: Housing crisis

This morning.

Outside Dublin City Council’s offices on Wood Quay, Dublin 8.

A protest highlighting Ireland’s growing homeless and housing crisis – organised by Inner City Helping Homeless, of which Cllr Anthony Flynn (above) is founder and Andy O’Sullivan (pics one, two and three) is a volunteer – is taking place.

Top pic: Hannah Elizabeth Murphy

Yesterday: Working Rough

Sam Boal/Rollingnews

UPDATE:

Good times.

College living: the pitfalls of buying property for your children (Conor Pope, The Irish Times, subscriber only)

Previously: The Property Porn Hub

No Regrets

Um.

In the last few years, Dublin has become one of the world’s 10 most expensive places to rent, ahead of cities like Tokyo, Sydney and Singapore.

Deutsche Bank reported in May that typical rent for a midrange, two-bedroom apartment in Dublin was $2,018 a month, 23 percent more than in 2014 — the biggest increase of any city in the top tier.

…“You have a generation being locked out of the Irish social contract,” said Rory Hearne, a lecturer in the sociology of housing at Maynooth University.

“A lot of young people are now realizing they will never own their own home, and that is a particularly terrible outlook when you live in a country where a house is usually your main asset for retirement.”

…The Irish division of Savills, an international property company, predicts that rents will increase an additional 17 percent over the next three years.

…It now costs far more to rent than to pay off a mortgage. The property website daft.ie recently reported that the monthly mortgage payment on a two-bedroom house in the city of Cork would be about $700, but the same house would cost almost $1,300 to rent.

Home prices have rebounded since the recession, but homeownership has not, in part because people paying high rents often cannot save for down payments.

To curb dangerous lending and borrowing, the Central Bank of Ireland in 2015 capped mortgage loans at about 3.5 times the buyer’s annual income, but the median price is about 5.6 times earnings.

Housing Crisis Grips Ireland a Decade After Property Bubble Burst (New York Times)

Rollingnews

Dublin Rental Investigator tweetz:

The reality of Co-Living is 9 in a 2-bed flat @MurphyEoghan A 2-bed flat at 58 Clanbrassil Street sleeps 9 @DubCityCouncil Sharing one kitchen, one bathroom. Earning €43k a year for a 2-bed flat. No @RTBinfo registration=Licensee=Zero Rights

58 Clanbrassil Street Lower, The Five Roads, Dublin 8 (Daft.ie)

Meanwhile…

Yikes.

Thanks Lorcan

UPDATE:

On the front page of today’s Irish Mirror…

Austin Kavanagh tweetz:

What have we become as a nation, a mother and her 3 children eating a meal from a soup kitchen in the street… this is beyond sad.

Homeless children forced to queue at the roadside for food as volunteers struggle to cope with surge in demand (Irish Mirror)



Boo.

Hiss.

This afternoon.

The Liberties, Dublin 8

Minister for Housing Eoghan Murphy officially opening homeless charity Focus Ireland’s new 31 unit development at John’s Lane West (just Off Thomas Street] which is ‘providing homes for families and individuals in the heart of Dublin city’.

Fight!

Focus Ireland

Sasko Lazarov/Photocall Ireland

Last night.

The Tonight Show on VMT.

Good times.

Johnny Keenan writes:

This is real life drama here folks. Not in a car crash way. But in a pure honest heartbreaking way.

This Wonderful Bray, County Wicklow woman [Yoga teacher, Lisa Temple] is facing eviction and is so strong in mind and character to share her story as it happens.

A situation that many of our sisters and brothers are in.

On watching this you will want to go to the first of 4 videos so far to get the whole story. Check out the page of Temple Yoga  (below)for updates.

Temple Yoga