Never mind that you'd need to be insane to build a housing estate at the moment with a non-functioning mortgage market that effectively caps your median potential selling price somewhere south of median unit cost -even if you can find a bank foolish enough to advance you the necessary development finance.Still nothing on the builders sitting on massive land banks who refuse to build.
Never mind that you'd need to be insane to build a housing estate at the moment with a non-functioning mortgage market that effectively caps your median potential selling price somewhere south of median unit cost -even if you can find a bank foolish enough to advance you the necessary development finance.
Yet the development that are being built are snapped up at crazy prices. Phase 1 of an 11 unit development near me in Kilternan sold out in minutes. The main road full of cars with people going to view. Starting price at €600,000.
3 units in Stepaside going to €1m a pop. They'll probably be snapped up too.
Promotion to cabinet was never likely to change the mantra of JH. This can be no surprise to Enda who take a huge risk in bringing him into the fold. I'd fancy a bet on him being the first man out in any contentious vote!This man is not fit to govern us. His colleagues should drop him from the cabinet.
He should be thrown out of government.
In his capacity as a TD, I'm fine with it. He's complaining loudly about the wrong things, but this is how his electorate decided to spend their vote.My original point on this thread isn't that John Halligan's opinions are misinformed, which they may be, but that it is unacceptable for a government minister to go around calling people bastards.
He's not a member of the Government, i.e. a Minister of a Department of State. A minister of state was previously known as a "parliamentary secretary". Basically, it's just a fancy title for jumped up TDs.it is unacceptable for a government minister to go around calling people bastards..
He's not a member of the Government, i.e. a Minister of a Department of State. A minister of state was previously known as a "parliamentary secretary". Basically, it's just a fancy title for jumped up TDs.
There's hardly an ideological blockage in the light of Dan O'Brien's comments on populism and playing to the gallery, but there most definitely is a budgetary one.There seems to be an ideological blockage over the need and long-term benefits of social housing by both FF and FG.
I drive past the building site off the River Road in Dublin 11 most days and I see guys cutting up bits of wood with saws and hammering then into blocks with hammers. There is no pre-fabricated elements to the build even though it's a very large site. In short there is a massive cost being added to the construction price due to construction methods which are grossly outdated and inefficient. The median unit cost is high due to the utter and complete incompetence of the people building the units. They are the root cause of the housing and homelessness crisis but because of the political pressure they can exert and the stupidity of ministers like Halligan and Kelly before him nobody is taking them to task. If you want to fix any problem find the root cause and concentrate on it.Never mind that you'd need to be insane to build a housing estate at the moment with a non-functioning mortgage market that effectively caps your median potential selling price somewhere south of median unit cost -even if you can find a bank foolish enough to advance you the necessary development finance.
That's a cop-out. The time markets change is when they are under pressure. That's the way it always has been. The only reason the construction industry hasn't changed is because they are so used to living off tax breaks, nods and winks and market manipulation. I'm a capitalist and so I hate protectionism as it stops capital flowing to where it gets it's best return and so wealth becomes concentrated and inefficiency is tolerated. That hurts the poorest in society the most.The house construction sector is grossly outdated and inefficient because all the progressive and innovative builders have been chased out of business. The only ones building developments of any size are the lucky few who still have Celtic Tiger or pre-Tiger sites on their books. If you bought the site in 2002, you can still afford to build using 2002 methods.
That's a cop-out. The time markets change is when they are under pressure. That's the way it always has been. The only reason the construction industry hasn't changed is because they are so used to living off tax breaks, nods and winks and market manipulation. I'm a capitalist and so I hate protectionism as it stops capital flowing to where it gets it's best return and so wealth becomes concentrated and inefficiency is tolerated. That hurts the poorest in society the most.
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