Discover and read the best of Twitter Threads about #OwnershipCrisis
Most recents (3)
Costs of existing houses & apartments for purchase in Dublin are extortionate.
What is equally incredible is the amount of work many of these potential homes need.
Sure, many are liveable & have good locations, however most will require new owners to sink extra €€€.
1/22
What is equally incredible is the amount of work many of these potential homes need.
Sure, many are liveable & have good locations, however most will require new owners to sink extra €€€.
1/22
Take this B3 BER rated home in Harold’s Cross advertised at €695,000 for example:
The cost per sqm for this house is over €5,000. If you were to consider renovating this house for a conservative figure of say €800/sqm, you’ll need an extra €100k.
2/22
The cost per sqm for this house is over €5,000. If you were to consider renovating this house for a conservative figure of say €800/sqm, you’ll need an extra €100k.
2/22
Let’s see Phibsboro:
€350,000 for 65sqm, E1 BER (€5300 per sqm)
Same deal: upgrade windows,replace floors, new kitchen, bathroom, paint, at a dubiously low figure of €800 and we’re looking at a property that will send you well over €400k.
3/22
€350,000 for 65sqm, E1 BER (€5300 per sqm)
Same deal: upgrade windows,replace floors, new kitchen, bathroom, paint, at a dubiously low figure of €800 and we’re looking at a property that will send you well over €400k.
3/22
Excited to talk about housing policy at Ireland’s Edge later this month.
The timing of this tweet seems appropriate considering An Bord Pleanála today published their decision to Grant Permission to Hines’ build-to-rent dystopia at Holy Cross College in Drumcondra…
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The timing of this tweet seems appropriate considering An Bord Pleanála today published their decision to Grant Permission to Hines’ build-to-rent dystopia at Holy Cross College in Drumcondra…
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I do not believe a corporation should own an entire neighbourhood, or dictate housing policy. It is not in a community’s interest for the homes of 4,000 people to be under a single landlord. It is not in the national interest for that landlord & their profits to be overseas.
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Build-to-rent, like co-living is a product of the financialization of housing. Homes reinvented as investment assets for institutional funds.
The previous gov were lobbied to re-write housing policy to suit funds & dutifully reduced liveability standards for their profits.
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The previous gov were lobbied to re-write housing policy to suit funds & dutifully reduced liveability standards for their profits.
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A thread about build-to-rent (btr), aparthotels & how the government has rewritten housing policy for the mythical “mobile worker”, at the behest of lobbyists, and the effects of this on housing supply…
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The Irish government’s Design Standards for New Apartments were updated in 2015 for the first time since 2007, just a few years after the vultures were invited in. The changes included the concept of “Centrally managed and operated ‘build to let’ housing for mobile workers”
2/14
2/14
By 2018, numerous large scale apartment schemes designed to the new standards were in planning. However, incessant lobbying by investment funds continued for reduction in standards & a receptive FG housing Minister Eoghan Murphy meant change was coming once again…
3/14
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