Its an absolute joke how bad Pascal Donohoe has been as Minister for Finance
But Leo said the grass isn’t greener abroad? He didn’t lie to me did he?!
The introduction of Homeless HAP in 2015, where the HAP paid could be up to 50% higher than the rental cap in that area, must have had big role to play in driving up rents.
Have any economists tracked the impact of Homeless HAP on average rents?
In theory councils could approve HAP rates 50% higher than the rent cap in an area. In practice, the rents rose to match the rent cap plus 50%. And tenants were allowed to top up rent themselves, driving rental prices even higher.
We all partied / The demographics will look after themselves / Try it sometime / Bootstraps.
But our economy is good!!1!!1
What an absolutely abysmal failure by government.
In the area of housing (and others to be honest) they have failed and utterly and spectacularly I honest can’t tell anymore whether they deliberately fucked it all up or not.
It almost looks like some evil plan in execution.
I’d like to see the data on increase in supply, and particular build of apartments, in EU countries vs Ireland over that time.
But for whatever reason, we retain this absolutely insane hostility towards purpose built rental accommodation and the institutions who would build it. We absolutely are getting what we deserve.
It’s unfortunate that Ireland is a backwater and many people are just not educated enough to invest their money into other things besides property, which they can see and touch. There are much, much more lucrative investments than squeezing people for rent.
Surely this is SF fault…
It’s almost like Ireland was in the depths of a much deeper recession than most of the EU in 2010, with a glut of available houses from the overbuilding up to 2008.
One of the myriad reasons we got out of the country to a far better place.
My landlord’s letting agency shoved an illegal rent increase two months ahead through the letterbox, which I ignored as was my right. They shoved another illegal attempt to increase the rent by 40% at that point. I contacted the RTB to start a case, then I got an illegal eviction notice from the letting agency.
The case went to the RTB, the RTB slapped the letting agent down *hard*, and the RTB did rule that the rent increase was illegal because of no comparitive properties and that the eviction notice was illegal as it was incorrectly filled out from the RTB’s own form. At that point the RTB invited me to negotiate with the letting agent about a rent increase as it was clear that I would contest any increase. I got a 10% increase, and the area became rent-controlled at that point.
I ended up having to leave that house because the letting agent stopped doing things like cutting the grass and the like.
Seeing the rent increases across the board, makes me see that the Irish rental market is not fit for purpose. It’ll be great to see a stack of new council houses in the future to alleviate the problem. How long that wil ltake I’m not sure.
Shush now, Leo is too busy snogging to care.
Greed.
I’ll never be convinced that it’s not greed.
Greedy landlords, estate and letting agents, politicians, builders and anyone who isn’t the renter.
In fairness comparing something at its very bottom is going to sound worse than it is. We were in a dark place in 2010 with shit loads of ghost estates and houses everywhere. We all know how bad housing is, but these headlines based on twisted data are bullshit.
The reason is, we allow it to happen. We let landlords get away with it.
Its been **5,818** days since 2007, when arguably the State stopped building social housing.
**5818** overnights to find and implement a solution.
In those **5818** overnights, I have gone to college (twice), worked for at least 3 different companies.
gotten engaged, got a dog, been very lucky and fortunate to buy a house (that has me tied to a 30+ year mortgage…I look forward to paying for the house up to retirement age)
Fine Gael has been in power since the 9th of March 2011. **4,290** overnights to work and fix the problems.
The housing *crisis* is a feature not a bug.
People who vote FF/FG how can you possibly spin this …
When will we as a country say enough is enough ???
But Irish rents, etc. are just like everywhere else! Leo told us so!
It’s almost as if allowing for real estate to be used as a means to park one’s money was a bad idea 🤔
UK here, own a house … if partner and I split, I could rent a house or get another mortgage for a smaller place quite easily … if we were in Ireland, we’d struggle to rent or buy a home currently and no chance independently … on place I would caveat is parts of London or holiday destinations
And that is called greed !
Im lucky to have a great landlord.
Few month back, he asked me to pay only half rent due to increasing costs.
Such a nice man!
I blame James Corden.
In 2010 I was paying €500 p/m for a one bed apartment in Dublin City Centre. A one bed in the same area now is €2,300-2500. It’s absolutely madness.
My rent has been increased, illegally, by 17% yearly since 2020 and there are no other places to rent. Landlords know they can get away with this. My area is not even a rent pressure zone. There is a cartel of landlords in the area all putting up their rent at the same time. I will soon not be able to afford to live in Ireland. Things are just insane!
28 comments
Nation of shitebag landlord vultures
It’s not about da monay shpidahman
Its an absolute joke how bad Pascal Donohoe has been as Minister for Finance
But Leo said the grass isn’t greener abroad? He didn’t lie to me did he?!
The introduction of Homeless HAP in 2015, where the HAP paid could be up to 50% higher than the rental cap in that area, must have had big role to play in driving up rents.
Have any economists tracked the impact of Homeless HAP on average rents?
In theory councils could approve HAP rates 50% higher than the rent cap in an area. In practice, the rents rose to match the rent cap plus 50%. And tenants were allowed to top up rent themselves, driving rental prices even higher.
We all partied / The demographics will look after themselves / Try it sometime / Bootstraps.
But our economy is good!!1!!1
What an absolutely abysmal failure by government.
In the area of housing (and others to be honest) they have failed and utterly and spectacularly I honest can’t tell anymore whether they deliberately fucked it all up or not.
It almost looks like some evil plan in execution.
I’d like to see the data on increase in supply, and particular build of apartments, in EU countries vs Ireland over that time.
​
It’s an incontrovertible fact at this stage that increased supply reduces rent. For whatever reason there are vast swaths of people who refuse to believe it but it is shown by study after study,[most recent one I’ve come accross](https://twitter.com/GeorgistSteve/status/1598135264270245888?s=20&t=8q9IzBGFS1Duvoqm32_AvQ).
But for whatever reason, we retain this absolutely insane hostility towards purpose built rental accommodation and the institutions who would build it. We absolutely are getting what we deserve.
It’s unfortunate that Ireland is a backwater and many people are just not educated enough to invest their money into other things besides property, which they can see and touch. There are much, much more lucrative investments than squeezing people for rent.
Surely this is SF fault…
It’s almost like Ireland was in the depths of a much deeper recession than most of the EU in 2010, with a glut of available houses from the overbuilding up to 2008.
One of the myriad reasons we got out of the country to a far better place.
My landlord’s letting agency shoved an illegal rent increase two months ahead through the letterbox, which I ignored as was my right. They shoved another illegal attempt to increase the rent by 40% at that point. I contacted the RTB to start a case, then I got an illegal eviction notice from the letting agency.
The case went to the RTB, the RTB slapped the letting agent down *hard*, and the RTB did rule that the rent increase was illegal because of no comparitive properties and that the eviction notice was illegal as it was incorrectly filled out from the RTB’s own form. At that point the RTB invited me to negotiate with the letting agent about a rent increase as it was clear that I would contest any increase. I got a 10% increase, and the area became rent-controlled at that point.
I ended up having to leave that house because the letting agent stopped doing things like cutting the grass and the like.
Seeing the rent increases across the board, makes me see that the Irish rental market is not fit for purpose. It’ll be great to see a stack of new council houses in the future to alleviate the problem. How long that wil ltake I’m not sure.
Shush now, Leo is too busy snogging to care.
Greed.
I’ll never be convinced that it’s not greed.
Greedy landlords, estate and letting agents, politicians, builders and anyone who isn’t the renter.
In fairness comparing something at its very bottom is going to sound worse than it is. We were in a dark place in 2010 with shit loads of ghost estates and houses everywhere. We all know how bad housing is, but these headlines based on twisted data are bullshit.
The reason is, we allow it to happen. We let landlords get away with it.
Almost [80 TDs and Senator’s are landlords](https://www.irishtimes.com/politics/2022/08/24/almost-80-tds-and-senators-are-landlords-property-owners-or-both/) these people are the ones in charge of making and changing laws let that sink in. They don’t want their extra income messed with.
Its been **5,818** days since 2007, when arguably the State stopped building social housing.
**5818** overnights to find and implement a solution.
In those **5818** overnights, I have gone to college (twice), worked for at least 3 different companies.
gotten engaged, got a dog, been very lucky and fortunate to buy a house (that has me tied to a 30+ year mortgage…I look forward to paying for the house up to retirement age)
Fine Gael has been in power since the 9th of March 2011. **4,290** overnights to work and fix the problems.
The housing *crisis* is a feature not a bug.
People who vote FF/FG how can you possibly spin this …
When will we as a country say enough is enough ???
But Irish rents, etc. are just like everywhere else! Leo told us so!
It’s almost as if allowing for real estate to be used as a means to park one’s money was a bad idea 🤔
UK here, own a house … if partner and I split, I could rent a house or get another mortgage for a smaller place quite easily … if we were in Ireland, we’d struggle to rent or buy a home currently and no chance independently … on place I would caveat is parts of London or holiday destinations
And that is called greed !
Im lucky to have a great landlord.
Few month back, he asked me to pay only half rent due to increasing costs.
Such a nice man!
I blame James Corden.
In 2010 I was paying €500 p/m for a one bed apartment in Dublin City Centre. A one bed in the same area now is €2,300-2500. It’s absolutely madness.
My rent has been increased, illegally, by 17% yearly since 2020 and there are no other places to rent. Landlords know they can get away with this. My area is not even a rent pressure zone. There is a cartel of landlords in the area all putting up their rent at the same time. I will soon not be able to afford to live in Ireland. Things are just insane!