Nothing like having your job tied to your accommodation. Perfectly safe and not open to abuse at all….
Aviation have to do this because we cant get the staff and then we cant get the accommodation. My company has just done the same they give out 3 months free rent with new contracts if you fit the criteria.
lufthansa bought apartments for employees near bord gais theatre a few years back
Serfs reborn.
We are reaching the end stage of capitalism… feudalism
I mean, it’s optional. You don’t have to take it. And with so many people struggling to find accomodation, it makes sense for businesses to offer this. I honestly would like it if my job offered me accomodation close to the office (assuming it’s at or below market rate rent). Finding accomodation by myself was a nightmare. Thousands of emails just to get 3 viewings.
Yeah, having accomodation tied to your job might be strange, but let’s say you leave the job and you have to find new accomodation (so you’re pretty much in the same position you would be if you hadn’t taken the work accomodation).
Company Town shit is always to be eyed suspiciously, but afaik it’s common practice in aviation for an airline to own some houses/apartments, so when their people roll in and out of town they can meet sleep/rest requirements before the next flight.
I can’t read the article, but does it clarify whether these are for people to live in permanently or as that kind of temporary bed and board arrangement?
He’s not doing it for anything but selfish reasons, but Pat McDonagh does the same
This is going to be more and more common. Companies are facing big staffing shortages and cannot get anyone to move to Dublin.. they’re going to end up buying houses just to house their staff.
I think that’s great. Loads are leaving aviation especially in Ireland because of poor pay. It’s an incentive to stay.
Couple that with Dublin prices. No one can afford to stay sure
You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter, don’t you call me ’cause I can’t go
I owe my soul to the company store
with every passing day it gets harder for a working couple to buy a house. how can they compete with AHBS, Ryanair + Funds? insane carry on.
Ahhh, Ryanair homes.
Rent is only €1600 a month!!
Electric not included
Heating not included
Bin collection not included
Broadband not included
TV not included
Home phone line not included
Maintenance fees not included
Deposit non-refundable
€50 charge to print a copy of your lease
LOL. More like the late 18th and the 19th century English industrial society all the time. The model villages are upon us again!
Not as much anger here as towards the usual Vulture Fund Buys The Houses headlines, but it’s not thaaaaaat much better, is it? Depending on how much of a salary reduction they take from staff in return for accommodation, it can still equate to big business buys lots of property the families might have otherwise purchased, profits massively from rents.
This is something you do not want to become commonplace. Your employer should not be your landlord.
Just like coal mining towns in the 1800s
Think a big us multinational bought a hotel in Kildare to accommodate staff recently
Next wage you get off ryanair…..rent mysteriously rises to match it
Country is fair fucked now with this carry-on
Companies should look at repurposing some of their deserted offices as living space. It would solve a lot of headaches
“Ryanair has snapped up 25 (out of 28) new homes in a north Dublin housing estate to help accommodate its workers amid the ongoing housing crisis”
Can you imagine being one of the other 3 purchasers? Weird!
Fine Gael housing policy working well it seems.
They’ll have more housing tied to jobs soon and then they’ll get to work on having people’s healthcare tied to jobs too, if they haven’t already started on that yet.
Realistically this is Ryanair diversifying into property for greed purposes…
Oh sweet Jesus this will not end well.
Nice. Let’s also open a shop where you can buy goods with your RyanBucks.
And to make it more convenient let’s just convert all those euros we pay you into RyanBucks.
Welcome to the company town enjoy your stay.
(Obviously I’m being extreme but we should prohibit anything that even closely resembles a company town)
Loads of land and empty office units beside their actual office in Airside to build on, but bought an entire housing estate full of new builds in a prime location in Swords. How are people even meant to compete in this market.
Swords baby, what is you doin?
How is this any different than a vulture fund buying houses in bulk?
If it’s only 25 it sounds like senior management are getting another fringe benefit.
Totally cool and not predatory at all. I’m sure the company known for charging for uniforms will do right by their “tenants” here..
We have no chances… This should NEVER be allowed, that is 25 homes which never be bought by families and forever tied to renting. Ryanair should be paying their staff wages so people can afford buying those houses themselves.
Anybody got the full text of the article? It’s pay-walled
Imagine having to work with your neighbours. 😩
I’d be okay with it if they were funding the construction of new homes rather than snapping up ones that could have been sold to individual buyers.
Heard rumours that Eli Lilly are after buying up a load of houses in Limerick too for staff accommodation for the plant they are building.
Heard rumours that Eli Lilly are after buying up loads of houses in Limerick for staff in the plant they are building.
Ryanair is profitable enough to lead me to believe that this is them ensuring they can attract talent and house them and not some attempt by the company to screw its staff on rent. Many companies have done this, Google, Intel, and Facebook off the top of my head. If you get angry reading this, fine, but it’s still fundamentally the Govt’s fault.
Can’t quit a job if the company owns your house . I owe my soul to the company store.
Those houses haven’t had a for sale sign or any information about them since they’re built. I think they were built specifically for Ryanair
39 comments
Nothing like having your job tied to your accommodation. Perfectly safe and not open to abuse at all….
Aviation have to do this because we cant get the staff and then we cant get the accommodation. My company has just done the same they give out 3 months free rent with new contracts if you fit the criteria.
lufthansa bought apartments for employees near bord gais theatre a few years back
Serfs reborn.
We are reaching the end stage of capitalism… feudalism
I mean, it’s optional. You don’t have to take it. And with so many people struggling to find accomodation, it makes sense for businesses to offer this. I honestly would like it if my job offered me accomodation close to the office (assuming it’s at or below market rate rent). Finding accomodation by myself was a nightmare. Thousands of emails just to get 3 viewings.
Yeah, having accomodation tied to your job might be strange, but let’s say you leave the job and you have to find new accomodation (so you’re pretty much in the same position you would be if you hadn’t taken the work accomodation).
Company Town shit is always to be eyed suspiciously, but afaik it’s common practice in aviation for an airline to own some houses/apartments, so when their people roll in and out of town they can meet sleep/rest requirements before the next flight.
I can’t read the article, but does it clarify whether these are for people to live in permanently or as that kind of temporary bed and board arrangement?
He’s not doing it for anything but selfish reasons, but Pat McDonagh does the same
This is going to be more and more common. Companies are facing big staffing shortages and cannot get anyone to move to Dublin.. they’re going to end up buying houses just to house their staff.
I think that’s great. Loads are leaving aviation especially in Ireland because of poor pay. It’s an incentive to stay.
Couple that with Dublin prices. No one can afford to stay sure
You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter, don’t you call me ’cause I can’t go
I owe my soul to the company store
with every passing day it gets harder for a working couple to buy a house. how can they compete with AHBS, Ryanair + Funds? insane carry on.
Ahhh, Ryanair homes.
Rent is only €1600 a month!!
Electric not included
Heating not included
Bin collection not included
Broadband not included
TV not included
Home phone line not included
Maintenance fees not included
Deposit non-refundable
€50 charge to print a copy of your lease
LOL. More like the late 18th and the 19th century English industrial society all the time. The model villages are upon us again!
Not as much anger here as towards the usual Vulture Fund Buys The Houses headlines, but it’s not thaaaaaat much better, is it? Depending on how much of a salary reduction they take from staff in return for accommodation, it can still equate to big business buys lots of property the families might have otherwise purchased, profits massively from rents.
This is something you do not want to become commonplace. Your employer should not be your landlord.
Just like coal mining towns in the 1800s
Think a big us multinational bought a hotel in Kildare to accommodate staff recently
Next wage you get off ryanair…..rent mysteriously rises to match it
Country is fair fucked now with this carry-on
Companies should look at repurposing some of their deserted offices as living space. It would solve a lot of headaches
“Ryanair has snapped up 25 (out of 28) new homes in a north Dublin housing estate to help accommodate its workers amid the ongoing housing crisis”
Can you imagine being one of the other 3 purchasers? Weird!
Fine Gael housing policy working well it seems.
They’ll have more housing tied to jobs soon and then they’ll get to work on having people’s healthcare tied to jobs too, if they haven’t already started on that yet.
Realistically this is Ryanair diversifying into property for greed purposes…
Oh sweet Jesus this will not end well.
Nice. Let’s also open a shop where you can buy goods with your RyanBucks.
And to make it more convenient let’s just convert all those euros we pay you into RyanBucks.
Welcome to the company town enjoy your stay.
(Obviously I’m being extreme but we should prohibit anything that even closely resembles a company town)
Loads of land and empty office units beside their actual office in Airside to build on, but bought an entire housing estate full of new builds in a prime location in Swords. How are people even meant to compete in this market.
Swords baby, what is you doin?
How is this any different than a vulture fund buying houses in bulk?
If it’s only 25 it sounds like senior management are getting another fringe benefit.
Totally cool and not predatory at all. I’m sure the company known for charging for uniforms will do right by their “tenants” here..
We have no chances… This should NEVER be allowed, that is 25 homes which never be bought by families and forever tied to renting. Ryanair should be paying their staff wages so people can afford buying those houses themselves.
Anybody got the full text of the article? It’s pay-walled
Imagine having to work with your neighbours. 😩
I’d be okay with it if they were funding the construction of new homes rather than snapping up ones that could have been sold to individual buyers.
Heard rumours that Eli Lilly are after buying up a load of houses in Limerick too for staff accommodation for the plant they are building.
Heard rumours that Eli Lilly are after buying up loads of houses in Limerick for staff in the plant they are building.
Ryanair is profitable enough to lead me to believe that this is them ensuring they can attract talent and house them and not some attempt by the company to screw its staff on rent. Many companies have done this, Google, Intel, and Facebook off the top of my head. If you get angry reading this, fine, but it’s still fundamentally the Govt’s fault.
Can’t quit a job if the company owns your house . I owe my soul to the company store.
Those houses haven’t had a for sale sign or any information about them since they’re built. I think they were built specifically for Ryanair