There are 41, 3 bedroom properties for sale in Dublin at present for less than €250,000. With a 10% deposit that represents less than €1,100 a month over 25 years.
Housing in Dublin is not unaffordable.
Housing in Dublin is not unaffordable.
Nowhere near a bargain.
I think that's a fair point.I think that it's foolish for any first-time buyer to buy a (below par in an undesirable area) property thinking that they will get to trade up in a few years. That, unfortunately, doesn't happen for everyone.
A dump of a house in Finglas or Clondalkin
if what you need is a 3-bed with off-road parking on Ailesbury Road
I have to point out that the normal first time buyer does not buy the average house in Dublin. They buy a starter home and it might not be in Dublin. And then they trade up after a few years. But I have often heard the point made in the papers and on the radio and it goes completely unchallenged.
Hi San
Agree that it's a risk. But there is also the risk of staying out of the market and not being able to ever afford in these "below par in undesirable areas).
The point is that people in Dublin can get on the housing ladder for €25k. The media would lead you to believe that this was not possible.
Brendan
Are we really in a position of telling a young person working in Sandyford that they shouldn't complain as they can buy in Tallaght?
Are we really in a position of telling a young person working in Sandyford that they shouldn't complain as they can buy in Tallaght?
Just because someone can technically get on the property ladder in Dublin by buying a property in an area that they have no interest in buying in does not prove that housing in Dublin is affordable. Are we really in a position of telling a young person working in Sandyford that they shouldn't complain as they can buy in Tallaght? So some houses on certain roads in certain areas are going for less than 250k. What exactly does that tell you apart from the fact that there is probably a very good reason why people don't want to live there. And that's not for snobby reasons. Nobody should be forced to buy in area that has serious social problems or is nowhere near where they work with rubbish transport just because the house is 'cheap'.
Also the idea of starter homes and getting on the property ladder in fear of never being able to get on it is what got us in this mess.
How is it not fit for purpose ? Just because the little dorlings don't have a room of their own does not make it unfit for purposeI was once a first-time buyer. I would have loved to have been able to trade up, but I have been stuck, in the same place with a growing family and not a hope of going anywhere for the foreseeable (especially if house prices keep increasing). What I bought in 2005 is now not fit for purpose (raising children), but I am trapped.
Have you ever lived, or even spent an evening, in Fettercairn or Fortunestown? Try being an outsider and moving into the area. Try parking your car outside. It is not unreasonable for someone who is working and earning a reasonable income to aspire to a small house in an area which is not "socially deprived".Yes. And nothing wrong with that. According to google maps it is 12.6 km. 18 minutes by car, or 42 minutes by bike.
To think that this is not a perfectly acceptable housing option for a young person working in Sandyford is ridiculous, and shows how completely out of touch with reality the debate around housing has become.
That's right, because Fortunestown is just one step down the ladder from Donnybrook.We can't have everyone living in Dublin 4.
I agree, some people are.Agree with cremeegg that some people are completely out of touch.
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