Ireland's housing crisis

Ireland housing crisis

0:02 Introduction
0:54 Real Wages
3:40 Generation Y/Millennial
5:28 Why is there a housing crisis?
6:29 Buying house in Dublin is it possible?
8:28 How will the Housing Crisis affect Ireland's economy?
9:15 The Solutions to Ireland's housing crisis?
11:39 The Human factors of the housing crisis

Music Good For You by THBD

[sarahowens]

I emigrated to Korea in 2010 because I just couldn't see a future for myself in Ireland. There was absolutely no chance for me to ever make anything of myself there. The rents are CRIPPLING! I now own my own business and my own home here in Korea. I know emigrating does nothing to solve the problem, but these young people just need a chance to make something of themselves. (Outside of Ireland) Older people love to mentor young bright people with potential. Ireland's economy is entrenched with nepotism. If your parents don't have connections, you're better off leaving.

[jimmymagma]

I've been trying to learn more about social issues in Ireland. I'm fairly sheltered from these issues but your video really helped me understand the housing crisis! thank you!!!

[almondyesterday]

alot of politicians are landlords - they love the situation of high rents, it gets them more money. Dublin accommodation is seriously lacking in quality, and the lack of apartments built is depressing. The best option is to leave Dublin

[susancody]

Kills me to realise that back in the early/mid 90s, I lived in a huge, 3 bedroom flat (about 1400 sq feet which is huge for Dublin) on glorious Leeson Park for $120 a month!! Moved to the States after that and come home every year to see Dublin (not so much the rest of Ireland) to be unliveable in terms of rent and buying. Dubliners need to enter the mindset in much of Europe that renting for life is fine and purpose built apartments and townhouses should be built with rent-for-life in mind. Seeing two hundred people queue up to view a basic, 3-bed home for sale in a working class area is madness, especially when the price is half a million +. Living in America so long, I'm adverse to the government getting involved in most aspects of my life but I do think a g'ment body need to step in and stop the insanity in Dublin. We're already seeing slum landlords converting living rooms and walk in closets into bedrooms and charging 20 people to live in a 3 bed home with dangerous conditions. The fines are so low, the incentive is to keep doing it, rather than the other way around. Affordable housing is a must, otherwise the homeless issue will get far worse.


Additionally, we must take the focus off Dublin in terms of attracting companies and general expansion. There are dozens of places within a two hour radius of Dublin where the housing cost is far more favourable and living conditions are very nice. And Cork, Galway etc need to work harder to attract more. Ireland is beautiful and doesn't begin and end in Dublin. The g-ment needs to work to attract business outside the pale. National transportation will have to follow suit. More initial capital but for a far better and more efficient future. Ireland's lack of efficiency when it comes to transportation is glaringly obvious when you travel to mainland Europe and Scandinavia.


Dublin isn't near San Fran prices yet but it seems it's only a matter of time. I feel very badly for those working so hard to find that cannot afford a simple, decent place to live within a 30 min commute of their work.


You said in your narrative "houses should not be seen as commodities..." - wise words.

[Dirtypepants]

Nice video, New Zealand is the same but its 100k income and 650k house we are all fucked.

[scamwitness]

I am at 5:42 seconds. There are properties up and down Ireland that are simply empty. My local council admitted they don't even know how many properties they own as they have lost track. I find that those with addictions get the most help. Those homeless that are male and single, thats me, get 0 Points for council housing. I have given up permanently on that. Buying my own home by myself is not possible either BUT as luck would have it i should be owning my own property, fully paid for, by years end - fingers crossed. No more homelessness for me. Anyways, its everyone else in the same situ I feel for. Especially those with kids. I am friends with more people that were homeless than I am with people who have their own homes or renting. Sad - very sad. I can tell you some horror stories my friends have gone through to survive on the streets and how our own fellow Irish men and women have treated them. Disgusting. Anyways, there has to be a poijnt where most of the population will be renting or homeless because owning your own home has become so stupidly impossible. I was brought up to specialize. Then older I was told to diversify. Fuck Off! THE RULES OF THE GAME KEEP ON CHANGING. I refuse to play societies games anymore and intend to make afull time income online. I was close once before and so I know I can do this. Anyways, back to the vid.

[barryoneill]

I'm going to sell my house here if I can this year came back from the states 2 years ago, I cant get out of here fast enough.

[MrSvenovitch]

I can recommend not having kids, why would you want to put someone who does not yet exist through this hell that is life on Earth? We all have to grow old or sick and die. But I'll be the last of my lineage to have to go through that.

[markjackman]

I'm 38 living with my mam and girlfriend. We have the deposit for a 350'00.00 mortgage. Cheapest house in dublin is 420'00.00 and will probably need work . So youd need 500'00.00 to make that house a home . I am generation rent. Iv had 9 homes in 13 years

[pol]

If it was affordable to buy a house in the past on low pay and if it is affordable to buy a house in Switzerland on high pay then it is worth asking which of these two represent the greatest affordability. I doubt a Swiss can buy a house with six months earnings and if only one of them happened to be working (as would have been the case in 1960s Dublin) the high paid average Swiss couple would need years of saving to buy a house. Over the years I have tried to convince both clever people and the not so clever that low pay is the key to prosperity (and I am an employee). The clever and less clever don`t get it. I`ve given up trying to convince them. Oh, and no, I am not going to lead by example. How can I when I must prepare for the consequences of high pay.

[youngwolfmedia]

Ireland housing crisis

0:02 Introduction
0:54 Real Wages
3:40 Generation Y/Millennial
5:28 Why is there a housing crisis?
6:29 Buying house in Dublin is it possible?
8:28 How will the Housing Crisis affect Ireland's economy?
9:15 The Solutions to Ireland's housing crisis?
11:39 The Human factors of the housing crisis