Are property funds turning us into a nation of renters?

17 comments
  1. I know this sounds a bit hyperbolic, but they’re denying people what seems like a sovereign (didn’t mean to sound nuts) right, and they’re almost cheerleaded by the big two parties.

  2. I don’t know about others but I *hope* to rent for the foreseeable future. I don’t want to settle down in a house and actually own it. I like having the freedom that renting affords.

    The issue is there aren’t enough places to rent for those that want to rent so we get gouged on prices.

  3. No there is demand for:

    – Rentals as not everybody working in a part of the country sees themselves settling down there, people who cannot buy (credit rating, lower paid workers), people who do not want to buy for a variety of reasons.

    – Build to Buy – Again these are people currently renting who want to buy a house, there’s a massive shortage here too.

    – Social Houses – People who cannot afford to buy and cannot afford to rent.

    Until action is taken on all three of the above simultaneously then we will still have massive problems.

    They are all linked.

    Social houses get built, takes people out of HAP, more rentals become available prices drop.

    Build to rent gets built, which are run by investment companies which means better Tennant rights and takes the individual landlord who is loose with the law out of the equation. Again the size and scale of these developments will reduce rental prices if vacent appartment taxes become a thing.. I know I have had some shitty landlords would much rather rent from a company that knows the law…

    More houses to buy means more rentals will become available.

    What I find on Reddit is those wishing to buy wish all new developments where build to buy, those who wish to rent want their rent prices to drop and don’t care about the buyers etc..

  4. Govt. needs to step up and provide decent planned communities like the Barbican in London, we learned all the wrong lessons from Ballymun. 20% of units in a development should be for social housing and spread out across the development. The rest the govt. should sell to anyone who has been resident in Ireland for at least 2 years/owns no other house.

  5. Government parties are turning us into a nation of renters – deliberately.

    Things will only get worse while we allow the current government to continue.

  6. On the outskirts of Finglas and poppintree beside ikea there is Hampton wood square. Built a few years ago for housing and when you look at the property price register. Each unit went well over the average price in the area for that period. They were sucked up by government for social housing. The government are part of institutional buying over the odds too

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