Interesting to see that Michael Lohan, the new CEO of IDA Ireland, had to address the #IrishHousingCrisis during his recent #Bloomberg interview.
The problem is now on the global journalism radar. Will the latest shift in #Irish government policy love the needle quickly enough to avoid an adverse #FDI impact
2) Good article from #RTE detailing the current state of the #IrishHousing market. It seems likely that pricing has hit stall speed with the end of #COVID and the increase in inflation rates
IMHO, an increase in #housing affordability however is unlikely unless the number of units constructed is dramatically increased from ~30k units. I’ve seen various estimates in the past year which range from 40k to 62k.
#Mastodaoine #IrishHousingCrisis #IrishEconomy
https://www.rte.ie/brainstorm/2023/0427/1378859-ireland-europe-housing-market-analysis-spring-2023/
3) This is one of the many truly awful realities of the #IrishHousingCrisis.
‘I’m 78, and by the end of this month I will be homeless’
4) The cost of #SocialHousing construction is dramatically higher then elsewhere in the country. Some of this cost is attributable to greater complexity of bid process by private sector builders competing for construction contracts
How to get value for tax payer money?
6) A lot to learn from this excellent article from the #NYTimes.
This is the type off #journalism that does not get enough attention. It points to solutions to the global #HousingCrisis which can likely be replicated in other geographies
Does Montgomery County have it all figured out? Hardly, but they have decades of successful practice in working with both private and public sector developers this is instructive
#SocialHousing #Housing #AffordableHousing
https://www.nytimes.com/2023/08/25/business/affordable-housing-montgomery-county.html
7) Increasing housing density in high demand #Irish locations frequently runs into objections.
Adopting a Steet Plan approach enables owners to collectively opt-in to increased density in their locale. It’s an approach that has been successfully used in a number of different countries already. Can it work in #Ireland?
Is this a solution to #NIMBY objections?
#IrishHousingCrisis #HousingCrisis #UrbanPlanning #Urbanism #Mastodaoine #Housing #Dublin
I live in #NYC in #Manhattan specifically. I can’t tell you the number of apartment buildings I come across which are specifically built to be sold to the non resident mega rich.
The #RealEstate lobby in NYC is extraordinarily influential and they love themselves some #oligarch money
@mnutty Similar problems here in the Phoenix Metro region. The uber-rich build vast houses that they occupy for maybe a couple of weeks a year. The construction quality is, predictably, utter crap but they don't care as long as its big, has granite counter tops and vast areas of west-facing glass they have to draw curtains over during the day.
Meanwhile we have hundreds of homeless people dying from the heat. Thats about as far removed from a civil society as you can get.
Martin Nutty
Phil Allsopp