Will There Ever Be an End to Ireland's Housing Crisis?

Will There Ever Be an End to Ireland's Housing Crisis? | The Tonight Show

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Күн бұрын

Claire Brock is joined by Eoin Ó Broin TD, Senator Mary Fitzpatrick and Ciarán Mulqueen of 'Crazy House Prices' to discuss the housing crisis in Ireland.
Claire asks Eoin if he can agree that the combination of the pandemic, remote working becoming increasingly more popular and many in society with more savings driving up what people are willing to pay for a house and not just government inaction is to blame for the current state of the housing crisis.
Ó Broin states that house prices in Ireland have been going up in Ireland since 2014, that there are core problems built into Irish society adjacent to the pandemic. He believes that the actions and inactions of the current government are more detrimental to Irish citizens looking to afford housing.
Senator Fitzpatrick argues that since the current government has come into power last year, it was time to have a serious intervention in the housing market. Claire asks if there are enough affordable homes and if she agrees with Sinn Féin's argument that the target is too low. Senator Fitzpatrick is critical of Sinn Féin's budget suggestions and believes that the current government is supporting renters with a spend of €900 million.
Claire brings Ó Broin into this topic, he critiques the model Fianna Fáil and Fine Gael have brought in which would mean that the affordable homes being built will go on the market for €350'000 to €400'000.
Claire Brock brings Ciarán Mulqueen of 'Crazy House Prices' to get the perspective of someone who is engaged with Irish people who are desperately seeking available, affordable homes.
Ciarán critiques the government inaction, citing that the daily Dáil arguments where politicians are "slinging mud at each other" are not helping the real people who need solutions now. Ciarán states that it's not normal for people in their 20's, 30's and 40's to be living in their parents' homes as it leads to various sociological and mental health issues.
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Пікірлер: 148

@Biffo316 2 жыл бұрын

No point building affordable housing if they're gonna be bought up by investors and hedge funds who in turn rent the houses out for 2k a month. Rental prices are out of control and there's nothing being done to tackle that because a lot of TD's are landlords and don't want to dry up their gravy train. Should be illegal for TD's to be landlords.

@bighands69 2 жыл бұрын

The whole hedge buying is nonsense. Ireland has not been building enough properties. There is more demand than there is supply hence why there are high prices.

@jgdooley2003 2 жыл бұрын

You cannot do that because TD's are representative of the entire population of this country. Like it or not some people in this country are landlords, some are employers and some are bankers and loan sharks, other hate figures who also live in this country. I predicted a flight of smalltime landlords from the sector when the RPZ's were introduced. I also predicted a severe shortage of lettings and a severe imbalance in negotiating power between the new large-scale landlords (REIT's) and tenants going forward. I was laughed at and scorned at the time but tragically this is exactly what happened. Large scale REIT's can afford the legal muscle to take on most tenant advocacy groups and even local authorities and carry out their own agenda with impunity. Smalltime landlords, owners of single houses, could not. Large scale landlords can afford to leave "Cheap" lettings go idle for 2 years and do them up to let at very high prices as "new to market" rentals. Small scale landlords cannot do this as easily.

@kurtpunchesthings2411 Жыл бұрын

@@jgdooley2003 except its a conflict of Interest a TD being a landlord sure our housing crisis is gonna get fixed by some people who actually have a vested interest in ensuring prices are as high as possible

@seanmaccionnaith3458 Жыл бұрын

Shay wake up and smell the roses. The landlords have nothing to do with the high prices of rent in Ireland. The real problem is the landlords have to pay at least 50% tax on rented property thus leaving them with little or nothing after they maintain the building and in a lot of cases pay high legal fees to evict none paying tenants. Also the biggest cause of high rents in Ireland is a very simple one in that our so called government has allowed open borders to exist which is allowing hundreds of thousand of economic migrants some of whom are claiming to be refugees and asylum seekers. Proper border control, proper vetting of immigrants will very rapidly decrease the cost of rent and provide a better lifestyle for our real Irish people.

@1doagh Жыл бұрын

@@seanmaccionnaith3458 cry me a river, if that was true there be no landlords, cop on, read the stats and stop talking nonsense,

@Manama780 2 жыл бұрын

It's madness 1k for a room sharing a bathroom!Feeling sick !

@thedominikss11 Жыл бұрын

English stupidity style cost a fortune and wasting lands and materials. Look on Warsaw, Vienna how Dublin should be organised

@hugostiglitz6914 Жыл бұрын

If the system was working correctly all homes would be affordable.

@roooroooooooo1091 2 жыл бұрын

Tax the shite out of non-resident buyers and property tax. Its massive problem here, Canada and Auz.

@bighands69 2 жыл бұрын

That is not going to help the shortage of properties due to their being a lack of building.

@jgdooley2003 2 жыл бұрын

@@bighands69 I remember a time when lots of men took up jobs in construction and did not aspire to college or other 3rd level jobs as much as they do now. For the most part builders in the 1960's and 1970's were paid very badly and had no security or benefits. Now most builders are 3rd level qualified and will only work the higher end of jobs on any building site, All the physical lifting and carrying is now done by machines and run on diesel, which has gotten very dear at the moment. Transport and mnfg costs are also very elevated for materials and this is further adding to the costs of housing. When you add in the increase in specs and standards in housing, insulation, built in kitchens, expensive heating systems etc. it all adds up.

@horsemanoftheapocalapse5837 2 жыл бұрын

@@jgdooley2003 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.

@bighands69 2 жыл бұрын

@@jgdooley2003 It is all regulations that are pushing the market to where it is. Restrictive planning, high taxes, poor marketplace and lack of opportunities.

@bighands69 2 жыл бұрын

@@horsemanoftheapocalapse5837 The problem is that the political environment in Ireland is all about market regulations. Remember this is the class that cannot even manage simple potholes in roads yet the public allows them to manage everything from education, energy, manufacturing and healthcare. Everything they manage turns to dirt.

@qwertykeyboard7640 Жыл бұрын

They can magically build 250 modular homes exempt of planning in citywest when they want to

@Art-is-craft 7 ай бұрын

So what you have identified is that the housing crisis is down to planning regulations. By the way Irelands housing crisis is not a new issue and has been around for at least 60 years.

@billyflanagan9657 2 жыл бұрын

Just take the homes of the corrupt politicians 🙂

@tobyehillier 2 жыл бұрын

I don't know why we can't just go with the continental rental platform, where you pay rent for the unfurnished unit and the rest is up to you... Long term leases (10 years) For those you can't afford to buy, it gives them a home, and for the Landlord there's way less hastle because you're only responsible for the architecture and not the microwave and shower curtain etc etc

@davidomeara4704 2 жыл бұрын

Ideal solution. Nobody will ever own a home.

@alexm8047 2 жыл бұрын

Or how about just Remove planning permission regulations? And watch more Houses then you've ever seen get built.

@damiengalvin1652 2 жыл бұрын

i agree 100 percent.

@bighands69 2 жыл бұрын

Every country that has rental controls by government decree has a housing market shortage. Sweden can have 10 year waits to find a property.

@bigyokes4747 Жыл бұрын

@@bighands69 Sweden has 10 year waiting lists because they took in a million people in a 2-3 year period. That’s 1 in every 10 people in the country who weren’t there several years ago. How can they build houses at the rate of inward migration, it’s not possible

@adamski8985 Жыл бұрын

My dad lives in Dublin and pays for a 1 bedroom apartment. He pays like 1600k for it and the area is filled with drug dealers

@PB111627 Жыл бұрын

It’s sad that. Our political elite have failed utterly.

@ciaranryan7303 Жыл бұрын

The government is more interested in keeping investors happy than putting roofs over people's heads.

@Art-is-craft 7 ай бұрын

That is not even close to being true. There simply is not enough property being built in Ireland and that has been a problem that has been around for sixty years.

@aineomalley6431 2 жыл бұрын

The problem started when housing became a commodity rather than a long term home. Everyone jumped on board, everyone became an investor, everyone wants to buy a house to rent out to young single people, no couples, no families, no pets. The people are also part of the problem. They became greedy and opportunistic and for some crazy reasons, opposition to Families owning a home.

@bighands69 2 жыл бұрын

Absolute nonsense. Ireland is not building properties hence why there is a shortage. It is simply supply and demand nothing else.

@aineomalley6431 2 жыл бұрын

@@bighands69 this is a current problem across the world. When people started buying property 20 years ago to rent..we are now in another property problem. If people sold off houses and apartments for long term living instead of having them on air bnb, many people, across the world, would have a home.

@izdatsumcp 2 жыл бұрын

If you stop people from making money from property e.g. with rent control you end up with less property and higher prices. And landlords existed for a long time so property has been commodified for a long time too.

@izdatsumcp 2 жыл бұрын

@@aineomalley6431 Why can't you have airbnb and normal renting? The supply of housing doesn't have to be fixed, surely.

@seanmaccionnaith3458 Жыл бұрын

@@bighands69 Irelands open border policy is the real problem to the so called housing crisis. We need real immigration reform now. We need real Irish politicians that will put the native Irish people first.

@horsemanoftheapocalapse5837 2 жыл бұрын

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.

@Dublinnotlookinggood 2 жыл бұрын

3 1/2 times your annual income needs to be scrapped we cannot and will never be able to compete with investment firms

@bighands69 2 жыл бұрын

There is a housing shortage it is that simple. No other reason.

@izdatsumcp 2 жыл бұрын

Investment firms wouldn't be able to bid so much if they supply was much higher.

@MisterKen81 Жыл бұрын

I’m 41, only moved out of my parents home at 30 cos I wasn’t earning enough money. Working for an American company got me across the line. Now I’ve lived in Jamaica the last 7 years trying to earn money to buy a house back home. It doesn’t seem likely that I’ll be able to. Will I ever be able to move home or do i stay overseas?

@paddy2875 Жыл бұрын

Funny how they can have an open door policy when they know we are not capable of looking after our own. People living on the streets in Carlow with serious mental health issues.

@Kitiwake 2 жыл бұрын

I bailed 3 months ago and rent a beautiful, modern, furnished apartment for €450 a month in a sun filled country.

@bigyokes4747 Жыл бұрын

Which sun filled country? Asking for a friend haha

@moc7323 Жыл бұрын

How much your monthly salary now ?

@Kitiwake Жыл бұрын

@@moc7323 €1,500.

@Kitiwake Жыл бұрын

@@bigyokes4747 there are plenty.

@ciaranryan7303 Жыл бұрын

@@bigyokes4747 Which country?

@aa7830 Жыл бұрын

Being relatively new to this issue, viewing it from the "outside" is one of the most ridiculous things ever in a so called developed country. You have an advanced and open economy, mostly relying on the influx of foreign workers. And you can't build affordable homes over a decade en masse on an island of with just 5 million so that the so called rental "market" is not the most distorted ever witnessed and everyone could have a normal place to live? Build homes and forget the market because that's not a healthy market and does not serve anyone. You have the money, something must be with the willingness, but then don't be surpised if the economy goes down the tubes. Build f..in homes, and ban corporate investors from buying off properties large-scale. Sorry, but sometimes capitalism does not work, the governments must interfere.

@thedominikss11 Жыл бұрын

Its not problem with investors just gov. Dublin should have a lot high apartments like Warsaw or Vienna. Stop houses start skyscrapers and apartments.

@christineopiyo7769 Жыл бұрын

@@thedominikss11 unfortunately the locals have refused skyscrapers apartments being built in their large cities. No wonder they have this neverending problem

@Art-is-craft 7 ай бұрын

@@thedominikss11 Apartments are not what Dublin needs right now. What it needs is suburbs with housing. From the year 2000 to 2007 Ireland entered a period suburb building but abandoned it when the government financial crisis occurred.

@thedominikss11 7 ай бұрын

@@Art-is-craft it shows that you dont travel to continetal Europe. Due English style of urban planning causing highest traffic jams in Europe. Houses, no Public commuter, everything is far away. Its sick that Dublin from North to South has over 40km!

@thedominikss11 7 ай бұрын

@@Art-is-craft apartments are the most important. 5 block of flats can be bulit in 2 years. People sleeping on Streets or live in 10 in family house. Blocks, skyscrapers, metro, fast railway. Hello its 21st not gregorian times.

@bardylon 4 ай бұрын

March 2024 and the problem has only worsened

@joanofarc708 Жыл бұрын

All by design

@PDnig 2 жыл бұрын

shame on goverment,. rich country no home where to live.are we in india?

@Kitiwake 2 жыл бұрын

It's worse. I prefer to live in India.

@seanmaccionnaith3458 Жыл бұрын

Rich country???????Did you say rich country?? Most of the people are struggling to put bread on the table. It's okay for you living with Mammy and Daddy.

@seanmaccionnaith3458 Жыл бұрын

Rich country ???. More like living from paycheck to paycheck. Sorry that should be half paycheck to half paycheck when the so called government take half my pay to pay rent's, dole, children's allowance and all the other freebees that the immigrants are able to steal from it. Wake up..

@Sfgts 2 жыл бұрын

the gov just don't want to build more houses

@bighands69 2 жыл бұрын

It is the same view held by all of the upper middle class in Ireland. The irony is it will affect their children as well.

@derekdempsey8506 Жыл бұрын

Why would they,most people who live in them won't pay them.Dublin city council alone owed over 30 million in rent

@ciaranryan7303 Жыл бұрын

Of course, they don't. They are in bed with big investors who have a free market to charge big prices.

@tracymoo5865 2 жыл бұрын

Built flat not condo.20 in a block,not 3floor.

@seanmaccionnaith3458 Жыл бұрын

OH Yeh'' Just like old Ballymun build another ghetto. Great.

@silverkitty2503 Жыл бұрын

80% percent of it are govt inaction and poor action

@Art-is-craft 7 ай бұрын

It has nothing to do with inaction.

@am-vy1fb 2 жыл бұрын

Why not pay incentives to developers who will build afordable houses. Make this project profitable for them

@Biffo316 2 жыл бұрын

Why would they do that when they're already selling new builds for 400k a pop in housing estates with 200 odd houses. They're incentivised enough with the profits they're already making. It should be that developers should have to meet a certain percentage of affordable housing when building these estates. At least half should be social/affordable housing.

@bighands69 2 жыл бұрын

The best payment that can be offered is deregulation.

@izdatsumcp 2 жыл бұрын

@@Biffo316 If they're making a lot of money, that's an incentive to build more houses, not less. Requiring affordable housing reduces the money they make and disincentivises them from building.

@Biffo316 2 жыл бұрын

@@izdatsumcp that's exactly what I said. They're already incentivised by buiding these new estates. But why don't the government simply buy up all the ghost estates that are half built, hand them over to the LA's to carry out any repairs and refurbishments and go from there? We just can't have families shoved into a hotel room or hostel etc

@silverkitty2503 Жыл бұрын

but they need workers ....insurance etc and workers need themselves to have places to live ...its hard to keep builders here because they can't afford to live here.

@iracenavelazquez9766 Жыл бұрын

When I realised about this, I didn't doubt to back to Mexico, it was a shame.

@thedominikss11 Жыл бұрын

High apartments no houses. Low taxes no social welfare.

@Art-is-craft 7 ай бұрын

Low taxes? Ireland is a high tax economy with the average person paying about 50% taxes.

@paulsmith1981 Жыл бұрын

35k homes can be found for economic migrants at the expense of the Irish people on waiting lists.

@erikwold7481 Жыл бұрын

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 entrepreneurs. They need freedom from the draconian condemnation and intervention that is being exercised by the Planning Dictators, and decent freedom to be their own home-building entrepreneur.

@Art-is-craft 7 ай бұрын

It has nothing to do with entrepreneurs of any type. Ireland just has very poor planning that affects everything from water supply, road networks, school buildings and ports. Ireland has had a housing crisis for the last 60 years.

@Jamie_Johnson 2 жыл бұрын

It's a supply and demand problem. As long as Ireland allows masses of people to enter, the supply cannot meet the demand. Pretty obvious really.

@bighands69 2 жыл бұрын

That no impact what so ever. Ireland is not building enough houses just like UK.

@izdatsumcp 2 жыл бұрын

What if Ireland built ten houses for every person who wanted to live in Ireland?

@Jamie_Johnson 2 жыл бұрын

@@izdatsumcp That would be great

@Kitiwake 2 жыл бұрын

Amen

@seanmaccionnaith3458 Жыл бұрын

Please Please Jamie don't talk sense the Irish people don't understand it. I agree with you 100% It is absolutely nuts what they are doing to OUR COUNTRY.

@SlackSlackSlackSlack Жыл бұрын

Build proper motorway between non dublin cities and move jobs outside dublin and get houses buiĺt OUTSIDE Dublin.

@Art-is-craft 7 ай бұрын

That requires decade long planning which is just not part of Irish culture.

@chrstopherbrown842 Жыл бұрын

There building loads of brand new homes in wicklow for the Ukrainians.

@margaretoneill4801 10 ай бұрын

And in Coolock!

@chrstopherbrown842 10 ай бұрын

@@margaretoneill4801 i think people on housing list for years should be going down the legal route. As these people should go on bottom of housing list and wait years like everyone else

@Art-is-craft 7 ай бұрын

Ukrainians are not the problem.

@Rocky0Road 2 жыл бұрын

time to close the borders and the gates. to many foreigner's now in the country, getting free houses etc

@jgdooley2003 2 жыл бұрын

I have connections with care homes and nursing homes and they cqnt get enough staff at the moment. Hospitality have similar problems. All the shortages are caused by extremely dear housing costs that are now known right across the world by all people who would wish to come here. Most now only come to learn English and get accreditation, esp nurses and doctors. They flee as soon as they can go to cheaper countries, of which there are not too many. Dear houses seem to be in job rich areas all over the western world, ME and China. Cheap houses are in areas with no jobs and v. low pay.

@daliaa5294 2 жыл бұрын

A lot of foreigners don’t come here anymore. They can’t find accommodation so they refuse the job offer in the end. You are so ignorant. Also there are no homes, how can you give something that is not available

@bighands69 2 жыл бұрын

Close the borders and they still will not build enough properties in Ireland.

@Rocky0Road 2 жыл бұрын

@@bighands69 no houses for rent as it's taken up by all the foreigner's for starters.

@bighands69 2 жыл бұрын

@@Rocky0Road Immigrants are not even a factor. Ireland has always had a problem with housing it is not a new problem. Even in rural areas where there is no immigrants houses are not being built and are actively being blocked at planning or there are such measures put on them that it makes the house too expensive. Half the cost of Irish property building is regulations based. In a lot of case just getting the planning and prep of a property can cost almost as much as building a property.

@notoriousj_ Жыл бұрын

Stop giving priority to immigrants and refugees, and help Irish born citizens first!

@Art-is-craft 7 ай бұрын

It would not change a thing there is a shortage of residential properties all over Ireland.

@paulb9769 Жыл бұрын

Mass immigration is inclined to do that.

@rffffggg 2 жыл бұрын

That's not true. I know a couple of below who have bought on there own as single buyers and they are not earning massive salaries.

@ggwalie 2 жыл бұрын

What’s not true? The housing crisis? Also what’s a not massive salary in your view? I am from cork, working full time, myself and my partner have average salaries (true average! Less than €65K combined) we are totally priced out of the market in the city, where we are from, and in the entire county! New modest semi-detached builds over a half hour drive from the city are starting from €307K. Older houses and even apartments are now outside of our budget. Properties may look ‘affordable’ on daft but query the current bid and you’ll soon find this is a true crisis. Couple that with soaring unaffordable unsustainable rent prices and you have yourself an absolute disaster. We have come to realise that we have no place in Ireland and we won’t be staying like we did last time, this time we are out of here because there is nothing here for us if we can’t have the privacy of our home be it rented or owned. It is a crime against a generation to have not built sufficient housing for over a decade and we’re likely going to see mass emigration once again as a result.

@derekdempsey8506 Жыл бұрын

@@ggwalie what's the problem G W can you and your partner not save up the 30kappx deposit you need for 307k,where are you now that you said you said you won't be staying?

@annedonnellan6876 Жыл бұрын

Father harry bohan r h o

@JossyFoop Жыл бұрын

Wen I gwow up I wan to own pwopaty

@paulmessenger9836 Жыл бұрын

Weak and entitled.

@joeoshea30 2 жыл бұрын

Sinn fein Have blocked loads of Social housing Developments in coolock and other places in Dublin There full of it

@davidomeara4704 2 жыл бұрын

They opposed sweetheart deals for developers. The devil is in the detail. I'm not pro SF at all but you have a very simplistic view

@paddy2875 2 жыл бұрын

They are all full of it. People need to take to the streets and hold these f**let's to account

@bighands69 2 жыл бұрын

@@davidomeara4704 Stop making excuses they are no different from the other parties and push the green agenda which is really a red agenda.

@doktorsa 2 жыл бұрын

you don't want to work and you want to live in houses...I don't see any oil fields here..now you are failing, but completely..Ireland total mess ..nothing is normal in this country...more expensive rent in Dublin than in Dubai😂😂😂😂

@thedominikss11 Жыл бұрын

People on social welfare should stay on Streets. Tax payers cant paid for lazy people.