Even the prospect of a SF Government would send them fleeing
.
“Ireland is seen as attractive based on fundamentals [..] but not attractive based on policy” – Translation “we’re making an absolute killing on the rental market and want assurances via policy it will continue long term”.
Don’t threaten me with a good time
“Marian Finnegan, managing director of Sherry FitzGerald Residential and Advisory, said Sinn Féin policies would lead to an exodus of young people from the country. “We continue to see the exit of private landlords. We are going to have a huge, huge problem with our young people deciding they can’t stay home with their mum and dad any longer, and they are going to leave the country.”
What world are they living in, it’s happening right now.
>Mr Farrell, whose group represents institutionally financed investors
Yup, no biases at all, this man is completely objective and wants the best for Irish rentpigs /s.
Marian Finnegan going on to warn that we might see an exodus of young people from the country as if we don’t have that already. Also claiming rent caps don’t work, again from the same ‘objective viewpoint’.
The article doesn’t actually state or link to the SF policies, just a vague “what if the minister for housing was SF?”, so this is boogeyman crap, if they actually chose something to base their arguments on they know it would be torn apart by scrutiny.
Im sorry but institutional investors that have come here and currently locked their housing units at €2300-€2800 pm for a 2 bed in the outskirts of Dublin can go get fucked
Im voting for SF and I believe in the non profit housing schemes SF have pointed to all across Europe
This is what WILL fix our housing crisis not FFG and their investment pals
There is always room for Investment funds in housing but they will have to follow housing market trends and not lock them in for 25 years at above market rates, therefore forcing the market higher again
Ironically enough articles like this will just anger the majority of us and drive support for Sinn Fein and other non government parties up further.
They should put this on an election poster
Private rental industry is killing irish society for their own bottom lines. If SF can simultaneously ramp up state builds, I say fuck them and go for it
Yes and that’s a good thing as it’s the professional investment that is buying up all the Supply of housing this making housing unaffordable and unavailable to most ordinary people.
Not listening to these guys. Of course they’re going to say that. Scumbags.
**”It is difficult to get a man to understand something when his salary depends upon his not understanding it.”** Upton Sinclair
Imagine being so detached and or such a greedy cunt you see this as a bad thing
crying at this. lads at least make it sound like the shinners getting in would be bad. this sounds too good!!
Young people would leave in their droves would they? You mean like they are now because housing is sewn up by landlords??
Industry lobby group against a party that would be looking at curbing the insane amount of landlord greed. I, for one, am shocked 😲
To me, the fact that they are against SF policy means its very positive sign. SF have good policy that will benefit the general population as opposed to landlords.
So housing could become affordable? Screw the private market its a total joke out there the last years.
Kind of whats happening anyway
Good, fuck them cunts, build more houses
Meanwhile, every property investment fund under the sun is either buying up places or setting up in ireland 😏 I recall seeing an article about a German property investment fund setting up offices in ireland within the last 2 years citing the opportunities from the tight housing supply.
To be honest, I think the government should be taking an active role in housebuilding and not just leaving everything to the private market like they have done since the previous crash. It obviously did not work for society as a whole it just succeeded in making a a relatively small amount of investors very rich.
A vote for Bart is a vote for anarchy type vibe
Well there’s me absolutely voting Sinn Fein next election
Hold on a sec. It’s definitely not working right now. It’s been a mess for 10+ years and so many of them have tried different ways and schemes and rent controls, and HAP and so many other things that just seemed to fail and push rents even higher.
If they actually blow it up I might get to spend less than 40% of my salary on the currently cold dank house I am in
It’s time for change .these people don’t live in the real world.kick out this government.
“*A vote for Bart is a vote for anarchy*”
“**A vote for Bart is a vote for anarchy**”
landlord exodus from the market yet lowest levels of secondhand houses available in years and on the last census the number of people claiming to be landlords increased – we have to stop giving anybody in estate agents or construction lobby air and print time. But that won’t happen since nerly every new outlet loves to run their property porn section and the Irish time owns “myhome.thanks for the cash”
Good.
Struggling to see why this would be a bad thing.
Well the current policy of “let the market sort itself out” is broken…
I would say that you can’t know for sure unless you give them a chance. If their plans go off track, the people can always course-correct or choose another party.
If our planning system wasn’t garbage, private investors would have put such a huge dent in our housing shortage by now that we’d be having a different conversation. DCC (to a lesser extent, Cork and Galway too) are almost single handedly responsible for the national crisis.
Ah yes because the private rental market is working so well under current policy
That’s the problem with all this, too many vested interests and lobbyists have the ear of government. An awful lot of any new developments are funded by investment and pension funds for people’s pensions outside Ireland, why on earth should Irish people’s rent be used to increase the value of a German or French pension fund ? – that’s the essence here. Housing has become a commodity that has monetary value – not as something that one can create a life and family in – there’s loads of shoddy developments whereby the government end up on the hook for remedial works anyway so why not mandate all the councils to build on their land at an affordable rate. Councils don’t need to make a profit after all – join together and raise a 50 year municipal bond on the markets – ringfenced the money raised for housing development and then put to tender a number of contracts to private contractors with strict controls but guaranteed contracts- the developer is happy with their return. The councils have oversight and control over the building and it can be done quickly using the best materials available.
Problem is housing has become single most toxic thing politically as too many already wealthy people have oversized influence on policy and have the ear of government. That’s the problem.
I don’t want to be dismissive of people’s livelihoods but I’m at the stage where not only do I not give a fuck about the private rental market, I almost actively hope that it catastrophically fails. Cuz maybe then we could all wake up and fucking fix it. It does not function for the majority of society.
Sinn Fein will be begging these guys to go on television and tell all young people this so they get a bump in the polls.
sounds like a plan
Anytime someone just says something like this without giving any details, I am inclined to believe it’s horseshit
Which private rental market? How can you kill something that’s dead already?
Hook it to my veins.
The problem with subscribing to free market economics is you can’t complain when supply pushes demand down.
Industry group warns populist left party may be a net negative for an already overly taxed and regulated market.
Nothing too surprising here?
The problem is SF will kill private rental market without providing a public alternative. Ireland needs a Vienna model where the state (city government in Vienna example) provides good quality rental accommodation at below market rate. That drives down the market rate over time and drives up standards. It’s also a lot harder to do than just saying there will be a penalty tax on Landlords.
43 comments
Even the prospect of a SF Government would send them fleeing
.
“Ireland is seen as attractive based on fundamentals [..] but not attractive based on policy” – Translation “we’re making an absolute killing on the rental market and want assurances via policy it will continue long term”.
Don’t threaten me with a good time
“Marian Finnegan, managing director of Sherry FitzGerald Residential and Advisory, said Sinn Féin policies would lead to an exodus of young people from the country. “We continue to see the exit of private landlords. We are going to have a huge, huge problem with our young people deciding they can’t stay home with their mum and dad any longer, and they are going to leave the country.”
What world are they living in, it’s happening right now.
>Mr Farrell, whose group represents institutionally financed investors
Yup, no biases at all, this man is completely objective and wants the best for Irish rentpigs /s.
Marian Finnegan going on to warn that we might see an exodus of young people from the country as if we don’t have that already. Also claiming rent caps don’t work, again from the same ‘objective viewpoint’.
The article doesn’t actually state or link to the SF policies, just a vague “what if the minister for housing was SF?”, so this is boogeyman crap, if they actually chose something to base their arguments on they know it would be torn apart by scrutiny.
Im sorry but institutional investors that have come here and currently locked their housing units at €2300-€2800 pm for a 2 bed in the outskirts of Dublin can go get fucked
Im voting for SF and I believe in the non profit housing schemes SF have pointed to all across Europe
This is what WILL fix our housing crisis not FFG and their investment pals
There is always room for Investment funds in housing but they will have to follow housing market trends and not lock them in for 25 years at above market rates, therefore forcing the market higher again
Ironically enough articles like this will just anger the majority of us and drive support for Sinn Fein and other non government parties up further.
They should put this on an election poster
Private rental industry is killing irish society for their own bottom lines. If SF can simultaneously ramp up state builds, I say fuck them and go for it
Yes and that’s a good thing as it’s the professional investment that is buying up all the Supply of housing this making housing unaffordable and unavailable to most ordinary people.
Not listening to these guys. Of course they’re going to say that. Scumbags.
**”It is difficult to get a man to understand something when his salary depends upon his not understanding it.”** Upton Sinclair
Imagine being so detached and or such a greedy cunt you see this as a bad thing
crying at this. lads at least make it sound like the shinners getting in would be bad. this sounds too good!!
Young people would leave in their droves would they? You mean like they are now because housing is sewn up by landlords??
Industry lobby group against a party that would be looking at curbing the insane amount of landlord greed. I, for one, am shocked 😲
To me, the fact that they are against SF policy means its very positive sign. SF have good policy that will benefit the general population as opposed to landlords.
So housing could become affordable? Screw the private market its a total joke out there the last years.
Kind of whats happening anyway
Good, fuck them cunts, build more houses
Meanwhile, every property investment fund under the sun is either buying up places or setting up in ireland 😏 I recall seeing an article about a German property investment fund setting up offices in ireland within the last 2 years citing the opportunities from the tight housing supply.
To be honest, I think the government should be taking an active role in housebuilding and not just leaving everything to the private market like they have done since the previous crash. It obviously did not work for society as a whole it just succeeded in making a a relatively small amount of investors very rich.
A vote for Bart is a vote for anarchy type vibe
Well there’s me absolutely voting Sinn Fein next election
Hold on a sec. It’s definitely not working right now. It’s been a mess for 10+ years and so many of them have tried different ways and schemes and rent controls, and HAP and so many other things that just seemed to fail and push rents even higher.
If they actually blow it up I might get to spend less than 40% of my salary on the currently cold dank house I am in
It’s time for change .these people don’t live in the real world.kick out this government.
“*A vote for Bart is a vote for anarchy*”
“**A vote for Bart is a vote for anarchy**”
landlord exodus from the market yet lowest levels of secondhand houses available in years and on the last census the number of people claiming to be landlords increased – we have to stop giving anybody in estate agents or construction lobby air and print time. But that won’t happen since nerly every new outlet loves to run their property porn section and the Irish time owns “myhome.thanks for the cash”
Good.
Struggling to see why this would be a bad thing.
Well the current policy of “let the market sort itself out” is broken…
I would say that you can’t know for sure unless you give them a chance. If their plans go off track, the people can always course-correct or choose another party.
If our planning system wasn’t garbage, private investors would have put such a huge dent in our housing shortage by now that we’d be having a different conversation. DCC (to a lesser extent, Cork and Galway too) are almost single handedly responsible for the national crisis.
Ah yes because the private rental market is working so well under current policy
That’s the problem with all this, too many vested interests and lobbyists have the ear of government. An awful lot of any new developments are funded by investment and pension funds for people’s pensions outside Ireland, why on earth should Irish people’s rent be used to increase the value of a German or French pension fund ? – that’s the essence here. Housing has become a commodity that has monetary value – not as something that one can create a life and family in – there’s loads of shoddy developments whereby the government end up on the hook for remedial works anyway so why not mandate all the councils to build on their land at an affordable rate. Councils don’t need to make a profit after all – join together and raise a 50 year municipal bond on the markets – ringfenced the money raised for housing development and then put to tender a number of contracts to private contractors with strict controls but guaranteed contracts- the developer is happy with their return. The councils have oversight and control over the building and it can be done quickly using the best materials available.
Problem is housing has become single most toxic thing politically as too many already wealthy people have oversized influence on policy and have the ear of government. That’s the problem.
I don’t want to be dismissive of people’s livelihoods but I’m at the stage where not only do I not give a fuck about the private rental market, I almost actively hope that it catastrophically fails. Cuz maybe then we could all wake up and fucking fix it. It does not function for the majority of society.
Sinn Fein will be begging these guys to go on television and tell all young people this so they get a bump in the polls.
sounds like a plan
Anytime someone just says something like this without giving any details, I am inclined to believe it’s horseshit
Which private rental market? How can you kill something that’s dead already?
Hook it to my veins.
The problem with subscribing to free market economics is you can’t complain when supply pushes demand down.
Industry group warns populist left party may be a net negative for an already overly taxed and regulated market.
Nothing too surprising here?
The problem is SF will kill private rental market without providing a public alternative. Ireland needs a Vienna model where the state (city government in Vienna example) provides good quality rental accommodation at below market rate. That drives down the market rate over time and drives up standards. It’s also a lot harder to do than just saying there will be a penalty tax on Landlords.