We need a national protest in all our major cities. And we need the FF /FG voters out there with their adult children still living at home to show up. Like water, gov won’t listen until their voter base show up

It's honestly shocking how you have to live at home till you're in your 30's now or barely scrape by renting shitholes and never be able to afford a home, and that's as a couple, nevermind trying to buy as a single person! If you work, you should be able to afford to buy a home. It's insane that 2 people in high paying jobs, working super hard can't get a home they love in an area they love. Years ago, women had no rights and had to look after their kids. Now 2 people working long hours on decent salaries have no choice but to continue barely scraping by, with no option to work less and all for a crappy starter home they outgrow in 5 years because that's all they could afford. The government angers me so much because they are unwilling to help the citizens of Ireland as should be their duty. They're only interested in serving themselves. 'Clap for the nurses' instead of increasing their pay but give big bonuses to politicians. Same old story.

How would a country with no limit on immigration pay for these houses if there was a right to housing - there has been a billion spent on asylum seekers as the country is overwhelmed with young single males claiming international protection because of the rights of asylum seekers to housing. There were over forty males kicked out of Citywest for serious anti-social behaviour, the government had to get them out during a fire drill to avoid public scenes of having to drag them out.

- Increase wages (in line with the cost of living) - Decrease the cost of homes (so that they’re affordable and again in line with the cost of living) - Build more homes. There is so much unused green space in Ireland - Remove any social welfare and social housing recipient’s who are not in employment out of Dublin. They have no need to be taking up homes in the centre if Dublin and offer nothing to the economy, move them out to the country and give them to people who do work. This will also decrease traffic in the City Centre too.

How sad this is now happening in Ireland too. It's been like this in the UK for years. I'm renting in the UK, and feeling hopeless about it all. I love Ireland, and am devastated to hear it's going the same way. I honestly don't know how rich multiple home owning landlords sleep at night. They're making life a misery for the rest of us - both sides of the water

I was seriously considering moving to Ireland in 2022, one of my long time dreams. Looking into this prolongued housing crisis has sadly scared me off from making that move for the time being...

You are absolutely right, my friends in Canada and New Zeland say exactly what you outlined.

It's really sad that this hasn't more views. He's actually suggesting new ideas that have been tried elsewhere and that work. When I return to Ireland and hear people complain about the housing crisis, the only solution they can come up with is to increase supply and mutter something nasty about lower income families and social housing. If nothing new is tried, this problem will run and run.

The sad reality is if you freeze rents or make it that Landlords can not get their properties back, private landlords will disappear from the market (as is happening), making less properties available making rents even higher and more people homeless, the only solution to this is the government building more homes, they need to be responsible for this! Same in the UK the government are responsible totally for increase in rents with all the new legislation and taxes and licenses etc etc for Landlords !

Thank you to Rory Hearne for speaking the truth, we have to take a stand and demand government invests in housing and balances the market. Homelessness, adults living with parents into their 30s and 4Os, extortionate rent prices and mortgages. It cannot go on.

Could not agree more about cuckoo funds. They are doing nothing but driving up rents and house prices. So we have to ask if Government ministers have their own money invested in these funds. It's the only explanation for why these funds get huge tax breaks while small investors are driven out of market with huge tax penalties.

Housing unaffordability is a massive issue in America now. I hope Ireland is able to save it's country from this level of despair. Outstanding talk.

oh please, let's all ignore the elephant in the room: unvetted and uncontrolled mass migration

When you see the way tradesmen were treated after the last crash you wouldnt be surprised the way things are in the country. When I emigrated to London because I wasnt entitled to Welfare because I worked on a C35. That was the way you got work in those days. I met plenty of Irish tradesmen in London who would never go home. Why would they ??? Maybe some of those people sitting on their arses being looked after could build a few houses eh ??? After all they were all looked after after the crash.

The max capacity of new stock is about 20 000 per year. Politicians will say 50 000 but they are not facing the utility and service deficits required to build. Electrical grid, drainage, sewage, BB, gas, water, infrastructure. It's a bit like facing the bed shortage in hospitals by offering physical beds and forgetting all the medical needs to service a hospital bed.

New Zealand's housing unaffordability has increased year on year. Our house was $448k in 2018, today its worth $750k. The Government has recently introduced the following: Loan to Value Restrictions Debt to Income Restrictions Removed Interest as a tax deductible Made it harder for landlords to evict tenants Cannot rent out properties above market value Slowly disincentivising hoarding money into properties in the hopes investors then invest elsewhere in businesses. Is it working? hard to tell with our fluid state of affairs. Good luck Ireland!

Moved from Vienna to Dublin then back to Vienna 😅 F*ck that… you actually feel humiliated trying to rent something decent. I honestly feel sorry for everybody in Ireland 😞 Vienna really has the best system of renting… even if you are on the social or jobless due to illness etc. you will always be able to afford rent! You wont go homeless in Austria and the quality/isolation of the houses are much better. Of course, apartements are smaller than in Dublin tho. Do not expect en-suite rooms 😅

Those 26 unlikes are either from investors or landlords 😆

Spot on

The People dont want to rent they want to own their homes - it is not safe for the State to control so much of people's lives,

Now this might surprise some (But then again I'm full of surprises) THERE IS NO HOUSING SHORTAGE In fact, over 260,000 homes go official unoccupied in Ireland (Census 2016). What there is a shortage of... is morality and compassion. But if you're trying to "fix" the wrong problem...you'll never get anywhere.

The housing problem is in the European Union, that should bring in rent controls and tendency laws

Deregulate and dezone. Its amazing how Texas and other southern American states makes it cheap. Government regulation only makes it worst.

We are an open borders country. No Irish government could ever hope to bring down property prices in a meaningful way with a near infinite population to cater to. There is no appetite among the Irish to leave the EU. House prices will remain sky high.

In Holland if u live in a house/Apt for more than a year and it gets sold to a person or company that intends on renting it out then by law they must keep you on as a tenant. And if they want to do renovations then they must pay for a hotel for you while it is going on. Why don't we have that here? Never herd the government even bring that up

Didn't Leo come out publicly say one person's rent is one person's income. Fine Gael's ideology is free markets. A large number of Fine Gael politicians own properties to rent (It is in there self interest to see there ROI increase year on year)

If NAMA was to sell apartments for 200-250k (below market rate), it would be a great benefit to those who buy them, but no one else. If they sell them for the market price we can reduce our state debt more.

It seems like almost every country is suffering from this large asset bubble that has been building. Internationally rates have been too low for too long.

agree 100% for the last 30 years we've been apeing the american system and im sure any ff/fg party member would be fine with tent cities here.Heres one idea though...seeing as we basically dont tax any of the major corporates here (defending apple) etc so with our basically tax free economy why not ask the amazons/googles/apples/tiktoks etc to invest at least some money into housing? let their accountants class it as charity or whatever lol....or just a payback for years of tax free residence

Where does the government get money for social houses?

Please can we have more people like this who are willing to speak out about our housing crisis. Brilliant

Get rid of selfserving career politicians. Start with donnelly , varadkar and martin. proven liars .

each county council should set up there own house building company . direct employment for workings .non profit . building homes for familes . .it has been done before with estates like crumlin cabra ballyfermot .in the 1930s . also rents are over priced .time to stop it .

There are tens of thousand approved homes for full planning permission in Dublin but developers just wait for the land to increase in value to sell the land on plus there are lots of vacant sites and buildings in central Dublin owned by the state some have been derelict for over five decades or more this would not happen in any other european capital city the city must have an elected mayor with full powers to solve this shamefull crisis

If you can't live on your own with an ok car and some Bob to enjoy yourself here and there on the averge wage, there's a serious problem.

Ireland has the highest immigration rates in the west???? Why does the government hate the ordinary Irish people so much?

Back in Greece we'd just buy land and pay to build our own houses ourselves from the ground up.

Housing market right now it's just depressing both on the rental and owning side

Agree with 80%. I don't think any house owner (at least 6 or 7 that I know own property here) want their houses to lose value. That causes an additional layer of conflict of interests.

what an excellent speech ... this applies to everywhere around the world where housing is usually considered as an investment in a free market where the price needs to go up to attract investors in order to build more unaffordable housing instead of the government building housing to be used as housing as a basic human right where the price doesn't have to go up ... if governments supplied affordable housing they would get the money back from the payments they receive for mortgages and rent and this could be used towards building more affordable housing where needed

Not sure why it's government's job to provide housing. I know it's the European view that government is responsible for just about every human need, and unfortunately the Irish have bought into this view, but If the govt got out of the way, I suspect more housing would be built to accommodate the demand, and prices would level or drop. It's an odd philosophy that people should pay taxes to the government so the government can take that money and pay for housing, with all the transactional inefficiency involved. In the US, there's only a housing shortage where, in places like San Francisco and LA, restrictive policies about building new housing have caused the cost of existing housing stock to skyrocket, making it inaccessible to the middle and lower classes. You can't escape the laws of supply and demand, and the more the government puts it's clumsy thumb on the scales of supply and demand, the worse the result.

How will the crisis result in an Airbnb type of housing to grow?

When you need 200 euro a square foot to build a house in ireland you will need a lot of money and a serious income to achieve a roof over your head. Every grant and incentive is added on by the buiders and suppliers who are a cartel.

2 years on and the government has still done nothing to address this issue

The point about how it's not obstruction from opposition, but a total lack of political will on the part of the government, is an important one. Sure, you can't solve the housing crisis overnight, but we've had *years* of successive similar governments that still haven't done a thing. FFG are utterly allergic to investing in public goods and utilities. Housing? Broadband infrastructure? That's all to be shuffled off to private enterprises. Water treatment? Paid for on an individualistic basis. Tax businesses? No, give apple 13 billion euro and let them tax dodge, then pay another 7 million euro in taxpayer money to argue in court over several years that it was right to do so. People complain about the long lockdown, but it's only been as long as it has precisely because it was constantly stuffed with half-measures and premature attempts at opening up, with the 'Living With Covid' scheme that established one rule for Dublin and another for the rest of the country, utterly enslaved to the pub landlord class. This government is not just unwilling - it is incapable of imagining policy with a goal other than chasing the highs of a long-dead celtic tiger. 'Their ideology, their weddedness to the market, to the existing system' is a perfect way to put it.

20000 houses p.a. is not nearly enough. 35000-40000 would hold your nose above water and 50000 would start closing the enormous still accumulating gap. No matter how you look at it, it's a supply side problem first. It's not choice between public or private. Both are needed. If rent caps are implemented, they should be temporary and new construction excluded. This incentivizes private construction. 40k homes at €200k cost per home is €8bn, year after year forever. Think your gov will borrow and spend that much? That is why market based solution is critical. Publically subsidized/constructed housing is needed to serve those who markets do not serve. That's probably 10000-15000 homes per year. Maybe higher at first. Now for a quick fix, Ireland should increase its insane/nihilistic loan limits for home buyers to stop driving young people to become renters. It is much cheaper to buy than rent. Loan caps set at extremely low level was pure lunacy and biggest policy error Ireland gov committed. I've listened to many Irish podcasts and discussions about housing, but nobody mentions mortgage caps. Why? It is a huge blind spot.

Brilliant and well said 👏🏻👏🏻

Housing needs to be taken out of politics.

Thank you Rory.

If gov allowed fair deal homes be rented, and if they speeded up the probate office we should have alot more empty houses occupied.

The great Charles Stewart Parnell would be rolling in his grave.

Never forget there's a 52% tax on rent This is mostly to pay for the bank bailout every man woman and child in this country owes approximately €60000. This debt was assumed on yout behaby thr government of the day to pay bank bondholders and late on the imf. One way or the other the government is going to take that money back from people

Hi Rory, No one is listening.

Per the government this does and doesn’t exist

Get rid of FF FG SF Greens thats how

You are right Rory, government simply decided not to do anything. And it's going to get a lot worse, I'm afraid.

The Irish government is incompetent and complicit with non- Irish vulture funds to purchase large tracts of Irish property. Politicians are a failed system and aren’t capable of making equitable economic decisions. Unlike the Chinese state which can build and develop infrastructure at a fast pace. The problem in Ireland was it has a repetitious inability to make short, mid and long-term housing planning. This crisis is definitely heading towards a permanent housing crisis.

Rory is a spoofer who has never worked in a real job.

Don't destroy your farmland

The problem is that the government zoning laws are crazy there should be rings of shops offices and apartment blocks around every luas stop .

Finally A man who makes complete sense about the solution to the Irish housing disaster created by FF continued by FG and Co. Let's hope the Irish voting public let their feelings show in the next election and turn these failure parties into history like the progressive Democrats were.

Allow people to build their own hoses. Not for profit is blasphemy for Ireland's rulers. 2 beds terace house costs now €2500. I earn €2600 after tax. So I am out. No chance for a motgage either, as I am single 52 years old. Street, here I come. To build the house cost €30k to gets water, electricity connected, plans and planning permision.

Increase supply. Affordable housing limits supply. Makes it more expensive.

Bans on evictions is a ridiculous concept

Whereas social housing has a long history in Germany and Austria and has always been accepted by society as normal and even as the default situation, to my impression the Irish mindset is completely different when it comes to 'home' and 'land'. The Celtic Tiger cracked this topic up violently, but the whole idea of renting vs owning a home seems to be very difficult topic in the Irish psyche. Therefore more building activity by the government will ease the pressure on renters, but not solve the problem of the mindset on the desired Irish lifestyle itself, where property rules and if you don't own a place, you are, you are seen as and treated as rightless in 2021 as you were in 1847. Even the best laws and politicians' actions cannot get this twisted mindset on the property topic out of the Irish society, I fear.

The system is rigged

There is just one thing can reduce the price of house and rent: build more houses. If you put more caps and 2years without pay to eviction, we will have half of new houses than today

Not by tearing up the countryside anyway ; thats not the solution , we need farmland not concrete jungles

I cannot fathom this guys position on real estate development. THE PROBLEM is there are not enough homes. If someone wants to build homes, that is making the problem better, not worse. Of course private market development is not sufficient, but it IS NECESSARY. Anyone who says we need to be ADDING restrictions on real estate development is literally not thinking this through.

We don't have a housing crisis. We have a population crisis. The population has all but doubled in 40 years. Less emigration plus a huge number of immigrants, both legal and illegal.

Rory says the state stopped building social housing during the Celtic Tiger years. Wrong! The State stopped building social housing during the early 1970’s. As for letting Focus Ireland’s quack, quack become government policy I would as soon take my chances with Marx himself as their everything should be free policies are more extreme.

Vienna started providing housing 100 years ago, & these are mostly apartments, Unfortumately most Irish people don't want a small apartment they want a detached or semi detached house.

There is not a housing shortage but a population surplus. No country can be expected to house anyone who moves to it. Ireland has got into this position. This is leading to no housing for irish young people, extremely high rent and social instability. This could lead to democratic breakdown.

Make it easier to get planning permission, allow land owner to give building sites to their children/relatives to builds their own house, scrap the payment to the council for the privilege of building a new house and give people a payment for all standard sized family homes that are built by young couples like it was in the past. Provide low interest loans to help the process, stop financialing homes, all this would help. It appears everything is against young couples trying to own their own home.

HUDSON: This is exactly what happened in the Roman Empire. HEDGES: Yes, it did. HUDSON: You had the great Roman historians, Livy and Plutarch - all blamed the decline of the Roman empire on the creditor class being predatory, and the latifundia. The creditors took all money, and would just buy more and more land, displacing the other people. The result in Rome was a Dark Age, and that can last a very long time. The Dark Age is what happens when the rentiers take over.

More convinced on getting that medical cert and running as fast as possible to Australia like all my other friends have

Until the Irish housing market is deregulated nothing will change.

Are there any cities in the world that has managed to eliminate housing insecurity through banning development, capping rent, and banning evictions? Vienna still has a homeless population of something like 19,000. The only major cities in the world that have managed to eliminate homelessness that I know if have been Helsinki and Tokyo, and while there are complex reasons why these two places have succeeded where others have failed, neither place made it illegal to build more homes like you are proposing.

Since the formation of the state no government has ever had a plan on where the country was going. We are all destined to arrive at the gates of a crisis every 10 years or so. FFS, Irelands population is that of a relatively large city and no one has any idea how to manage it. we will be permanently staggering from one disaster to another and spending time between disasters trying to fix the leftovers of the last one.

ISAs would solve a lot of the wealth-generating 'opportunities' of being an accidental landlord...

The State always makes things worse...

Its almost like the same thing is happening in every 'Build Back Better' economy.

Maybe they should build cattle sheds instead

i earn 2k per month and i pay 1000euro house rent this is too much

The Planning Ayatollahs in alliance with speculating, big-time housing entrepreneurs are the root cause of the low supply of affordable houses and toxic prices/rents. Stop blocking ordinary people from getting Planning Permission for a house of their own on their own modest plot of land!!! Ordinary, hard-working Irish people don't need housing providers - neither in the form of private, unbridled Big Player entrepreneurs, nor in the form of Nanny State, "cradle to grave" home building entrepreneurs. They need freedom from a tyrannical, overly restrictive, biased Planning dictatorship, and decent freedom to be their own home-building entrepreneurs. Other EU countries have, to a certain extent, managed to give its ordinary citizens such freedoms and sovereignty in being their own home entrepreneurs, and that's the main reason their housing situations are so much better.

Stop vilifying small investors. The governments lack of housing is the root cause

Thatcher sold the council housing.

#evictthegovernment #evicttheinvestmentfunds

The Irish governments will fix the house crisis but it will take times now nothing going to happened over nite every body have to wait with passion there nothing nobody can do it its crazy and drive every body mad native Irish people deserve better in there own country thanks so much for the information jhikkey alla Apinder Singh

In decades past, social housing was built in IRL by county councils for low income ppl. Middle class ppl could buy their own home. Nowadays, that doesn't happen, and the private market has no interest in building social housing. Im watching this video inn2024, and the situation seems even worse. Thenroot cause seems to be , existing homeowners resistance to new builds to protect their values. Ppl are terrified of a repeat of 2008 and negative equity. Bold moves needed to solve this, else political extremists will gwt stronger. It shouldn't take the threat of violence for government to donthe rigjt thing.

In other words the government could solve the housing crisis quite easily, but by easing the demand for housing would also mean devaluing the property market leaving the Landlord class out of pocket.

2 years later and still not fixed, even more damaged 2024

Nobody talking about the Elephant in the Room Taking in Thousands of Immigrants We can't even sort our own out

Around 80% of td's are landlords. To feed the gravey train they are importing 10s of thousands of young Muslim men who are unvetted into the county. Something very sinister is going on.

Change the law, change the policies.. the government wrote the laws and this government or a more realistic government can change the laws! It’s not complicated.

We are living in the twilight of capitalism, and the quality of life is in a downward spiral which won't be reversed because it pays the influential few very well.

Congrats on the people that voted in the same government policy once again in the last election.

As if they really give a crap😡

Jobs is easy place to sleep most difficult for every body its too expensive

Too many foreigners here driving up the price