The only people more important than those looking for a home are those with a home already.
Unbelievable
Do not, my friends, become addicted to housing. It will take hold of you, and you will resent its absence!
So they planned the housing crisis to get prices at and above Celtic tiger levels so banks and over exposed investors credit scores would be good and no longer subprime , giving them enough time to sell and make good on the properties and passing on all the debts to a new generation, rince and repeat , never forget this never forgive FF/FG
If you read the article it makes sense
“He said he didn’t want a “repeat of the Celtic Tiger” when housing supply was ramped up “too quickly and half of them weren’t built properly”.
That is the big concern but we need to get inspectors in place to ensure they are built correctly. Legislation targeting the Beneficial owners of quarries, construction companies and others involved in the development of homes that if there is another mica scandal those in charge cannot just liquidate a company amd start again..
Luckily for him we are in absolutely no danger of that happening.
I can see this is going to be full of comments that didn’t read the article
FFG and SF both working hard to make sure the other side wins a poison chalice of an election.
Housing supply wasn’t the issue in the early 2000s. It was banks giving out 120% mortgages, approving loans for people with no means to afford, and a government with zero oversight. When the global decline hit, we suffered an amplified impact.
Too many home’s hitting the market will likely create negative equity. But that’s the risk, people are buying their family homes with profit in mind.
Bye Bye Varadkar.
Could we just vote out this absolute cunt of a politician asap please that would be great
What an endless twat. Sold multiple generations quality of life down the river for short term profits .
I don’t like the man but he is not totally wrong in what he is saying.
There is a danger that if the state goes all out building houses that inevitably will be rushed with building problems that will make Celtic Tiger era houses look good, that we will have big problems down the line.
There is also a danger in being one of the most globalised economies in the world. If there is another recession, well not if but when, depending on how severe it get tens of thousands will leave the country in droves looking for work elsewhere. And we will have mountains of ghost estates again.
Now there is another point I want to make but if you touch the issue you are labelled as a racist, ethno-nationalist, insert lazy derogatory adjective here, et cetera. That being said, who are we building these houses for?
I don’t begrudge anyone reasonable living standards, but we cannot house and provide health, welfare education and other public services to the world. In many cases these people are being failed by their own countries that in many cases greatly exceed our population. If changes need to be made. It needs to be made in their own countries.
The Irish state has a duty of care to the Irish people first and foremost, bankrupting ourselves, imposing Draconian laws and making life worse in every metric that matters will not aid this and make it impossible.
I’m in actual shock that he thought this would in any way be a good thing to say
Fuck off
Would this pillock do the country a favour and just F*** Off, a proper waste of space.
You conveniently left out the second half of the sentence: “and half of them weren’t built properly”.
I don’t think there’s any fear of building too many houses, Leo.
Always something that sounds semi plausible until you look at it and then it’s just a smokescreen for failure to deliver for the people. They’ve no interest in that, just core vote management.
There are people living in tents. There are 50 year olds in house shares or staying with their parents. This is fucking ridiculous.
I mean we need housing but can people afford to buy new homes?How can we make it affordable for buyers and still profitable for builders and investor’s. At high interest rates will these new homes sit empty and/or incomplete . What we need is affordable housing and affordable mortgage rates. Not sure wel ever see the 2 together anytime soon
God, Allah, Vishnu, or Zeus, please help us.
Fuck this smug cunt. The absolute gall on him saying something like this meanwhile there’s that video of tents popping up all over Dublin city like it’s San Francisco.
Manufactured crises are destroying people’s hopes for their future. It’s certainly destroyed mine. What is even the point in trying to be optimistic anymore, it’s just an exercise in futility. When we’re young we’re taught to do the right thing yet continuously it’s clear as day that if doing the wrong thing gets you ahead in your life in some way, that you should do that instead. Humanity was a mistake.
If this fucker gets voted back in i will never forgive us
He considers it the government’s responsibility that house prices increase everywhere forever so ya that’s why he says stuff like this
The headline versus the full quote… He said he didn’t want a “repeat of the Celtic Tiger” when housing supply was ramped up “too quickly and half of them weren’t built properly”.
The “half of them weren’t built properly” seems like an important qualifier to the statement. If we could go to 50,000 homes tomorrow by throwing up priory halls, would we want to. I remember an entire block of apartments in Blanchardstown burning down because there was no fire insulation in the attics when one apartment went up.
I think there’s more to be done on increasing capacity in construction to deliver more supply, but this headline was designed to piss you off and get a click.
Is that really a risk? You’re building houses, not farting.
Can you believe this clown
Some of you didn’t read the article, and it shows.
I don’t like Varadkar, but as an Engineer who’s worked in the construction industry and having been exposed to the ramifications of this, the point he’s making re ‘things were built too quickly, very cheaply, and quite badly, with no planning objective’ is a completely reasonable one.
In fact, its one of a few primary reasons we’re in the current mess because the whole thing collapsed the last time and construction ground to a halt.
But yes, it’s also currently too slow, and can’t keep pace with demand.
Of course he does him and his mates won’t be able to charge crazy rents anymore.
30 comments
The only people more important than those looking for a home are those with a home already.
Unbelievable
Do not, my friends, become addicted to housing. It will take hold of you, and you will resent its absence!
So they planned the housing crisis to get prices at and above Celtic tiger levels so banks and over exposed investors credit scores would be good and no longer subprime , giving them enough time to sell and make good on the properties and passing on all the debts to a new generation, rince and repeat , never forget this never forgive FF/FG
If you read the article it makes sense
“He said he didn’t want a “repeat of the Celtic Tiger” when housing supply was ramped up “too quickly and half of them weren’t built properly”.
That is the big concern but we need to get inspectors in place to ensure they are built correctly. Legislation targeting the Beneficial owners of quarries, construction companies and others involved in the development of homes that if there is another mica scandal those in charge cannot just liquidate a company amd start again..
Luckily for him we are in absolutely no danger of that happening.
I can see this is going to be full of comments that didn’t read the article
FFG and SF both working hard to make sure the other side wins a poison chalice of an election.
Housing supply wasn’t the issue in the early 2000s. It was banks giving out 120% mortgages, approving loans for people with no means to afford, and a government with zero oversight. When the global decline hit, we suffered an amplified impact.
Too many home’s hitting the market will likely create negative equity. But that’s the risk, people are buying their family homes with profit in mind.
Bye Bye Varadkar.
Could we just vote out this absolute cunt of a politician asap please that would be great
What an endless twat. Sold multiple generations quality of life down the river for short term profits .
I don’t like the man but he is not totally wrong in what he is saying.
There is a danger that if the state goes all out building houses that inevitably will be rushed with building problems that will make Celtic Tiger era houses look good, that we will have big problems down the line.
There is also a danger in being one of the most globalised economies in the world. If there is another recession, well not if but when, depending on how severe it get tens of thousands will leave the country in droves looking for work elsewhere. And we will have mountains of ghost estates again.
Now there is another point I want to make but if you touch the issue you are labelled as a racist, ethno-nationalist, insert lazy derogatory adjective here, et cetera. That being said, who are we building these houses for?
I don’t begrudge anyone reasonable living standards, but we cannot house and provide health, welfare education and other public services to the world. In many cases these people are being failed by their own countries that in many cases greatly exceed our population. If changes need to be made. It needs to be made in their own countries.
The Irish state has a duty of care to the Irish people first and foremost, bankrupting ourselves, imposing Draconian laws and making life worse in every metric that matters will not aid this and make it impossible.
I’m in actual shock that he thought this would in any way be a good thing to say
Fuck off
Would this pillock do the country a favour and just F*** Off, a proper waste of space.
You conveniently left out the second half of the sentence: “and half of them weren’t built properly”.
I don’t think there’s any fear of building too many houses, Leo.
Always something that sounds semi plausible until you look at it and then it’s just a smokescreen for failure to deliver for the people. They’ve no interest in that, just core vote management.
There are people living in tents. There are 50 year olds in house shares or staying with their parents. This is fucking ridiculous.
I mean we need housing but can people afford to buy new homes?How can we make it affordable for buyers and still profitable for builders and investor’s. At high interest rates will these new homes sit empty and/or incomplete . What we need is affordable housing and affordable mortgage rates. Not sure wel ever see the 2 together anytime soon
God, Allah, Vishnu, or Zeus, please help us.
Fuck this smug cunt. The absolute gall on him saying something like this meanwhile there’s that video of tents popping up all over Dublin city like it’s San Francisco.
Manufactured crises are destroying people’s hopes for their future. It’s certainly destroyed mine. What is even the point in trying to be optimistic anymore, it’s just an exercise in futility. When we’re young we’re taught to do the right thing yet continuously it’s clear as day that if doing the wrong thing gets you ahead in your life in some way, that you should do that instead. Humanity was a mistake.
If this fucker gets voted back in i will never forgive us
He considers it the government’s responsibility that house prices increase everywhere forever so ya that’s why he says stuff like this
The headline versus the full quote… He said he didn’t want a “repeat of the Celtic Tiger” when housing supply was ramped up “too quickly and half of them weren’t built properly”.
The “half of them weren’t built properly” seems like an important qualifier to the statement. If we could go to 50,000 homes tomorrow by throwing up priory halls, would we want to. I remember an entire block of apartments in Blanchardstown burning down because there was no fire insulation in the attics when one apartment went up.
I think there’s more to be done on increasing capacity in construction to deliver more supply, but this headline was designed to piss you off and get a click.
Is that really a risk? You’re building houses, not farting.
Can you believe this clown
Some of you didn’t read the article, and it shows.
I don’t like Varadkar, but as an Engineer who’s worked in the construction industry and having been exposed to the ramifications of this, the point he’s making re ‘things were built too quickly, very cheaply, and quite badly, with no planning objective’ is a completely reasonable one.
In fact, its one of a few primary reasons we’re in the current mess because the whole thing collapsed the last time and construction ground to a halt.
But yes, it’s also currently too slow, and can’t keep pace with demand.
Of course he does him and his mates won’t be able to charge crazy rents anymore.