“Isn’t it much closer to the poor law system that we thought we were departing!” -Michael D Higgins expresses anger at Ireland’s housing “disaster”

9 comments

  2. He’s dead right here. The casual “more supply is good for the market” when international hedge funds get planning permission for build to rent developments is part of the problem and honestly a form of gaslighting. They’re basically cartels as they all set the same outlandish prices as each other, and won’t ever bring down their prices even if there are vacant units (like half of the ones around the grand canal dock).

    This is happening everywhere, albeit a bit more on the extreme side here. It’s very disheartening as someone in their mid-20’s already paying extortionate rent that despite Michael D standing up here, I can’t see any way out of this. My generation will never forgive FF/FG for what they have done to us.

  3. I wonder how Michael D would respond to any attempt to limit either asylum seekers intake or inward migration, Irish “natural” population growth is close enough to zero that the accomodation crisis could be quickly solved

  4. I wouldn’t be surprised if our next President is a REIT owner. We’ve lost control of our government and police, what next?

  7. Short memories, this is the poisonous little elf that signed the water charges less than ten year’s ago ,when we were on are knees,words are cheap,when you have no power to do anything, he is a self centered little elf who only feathers his own nest,comes out with cheap talk that everyone knows is the truth,does he think we’re all idiots

  9. It is all interconnected. Investment firms love Ireland because of the demographics of high net migration which means sustained high rents. Landlords love anyone that will tolerate 12 to a house in wall to wall bunk beds. Developers love hotels and student accommodation blocks because they can lease them to the government as asylum centers.

    Immigration may be not the root cause of the housing crisis but you’d be blind to not see that is exacerbating an already bad situation. The solution has to be a combination of tackling both the demand and supply side, and right now our immigration system means we have near unlimited demand.

Leave a Reply