Do the county/municipal executives have anything like housing goals that they have to meet? I know that in California the state is setting goals for new housing units that cities have to meet to retain control of their zoning regulation. Perhaps Ireland can do it the other way around where the chief executive gets the sack if they don't meet housing goals and the town council gets control of planning permissions.
@michaelmulligan017 сағат бұрын
I’d argue that all politics in Ireland is local. If you want something done locally you need to contact councillors and TDs. It results arguably in national issues failing to be tackled. It also results in a complete lack of jointed up thinking and development. I’d also argue that there are way too many local authorities, it needs to be more regional.
@michaelmulligan017 сағат бұрын
The bedsit ban was well intended but resulted in thousands of people being made homeless. It didn’t take into account affordability either, which has resulted in thousands living in hotel rooms, shelters or on the streets. It should have only ever been for new conversions/builds.
@sean_haz22 сағат бұрын
From watching your videos, you seem to think government is ineffective and lacks the right incentives. Yet, your solutions seem to rely on government intervention? What are your thoughts on moving away from government intervention and creating a freer market so people can solve these problems in a decentralised way? Essentially, watching your videos I agree with your synopsis of the problem but think your solutions are far to optimistic, the government is not incentivized to do what is best for the people.
@125ordie2Күн бұрын
You forgot RTE.
@vivalaleta2 күн бұрын
The NHS is being purposefully underfunded to make it look shabby so it can be privatized. Don't you recall your PM standing beside Trump while he threatened to feed your NHS to our greedy health insurance corporations??
@pappabaz2 күн бұрын
Firstly love this channel. Secondly I agree with a ban on studios as the logic is sound the standard of some of them were horrendous and it I believe is the correct decision Co living on the other hand I agreed with however there was an arguement that they drive up the cost of property as they were more profitable and impacted the development of apartments. You failed to mention this in your assessment Finally you barely touched on the main issue and that is the Insanely huge increase in the population. Recently the EU estimated it could have been as high as 3.5 percent in 2023 making it one if the highest ever population increases recorded anywhere. This is the main issue and not a ban on bed sits. Although repeat I agree with co living and many forms of accommodation need to be provided for with the enhanced conditions on their construction provided.
@SisterSunny2 күн бұрын
A really interesting video! Seeing how terrible the Irish housing situation is makes living in London's market _slightly_ more palatable lmao, I'm moving into a co-living space tomorrow
@ytr1um3 күн бұрын
The IEA is a right wing free market think tank, who doesnt disclose who funds it. To use a member of this organisation as an expert for this video is not a good idea. Germans spend almost double on healthcare per person yet have a lower life expectancy than the UK. The problem is funding!
@CameronFussner3 күн бұрын
People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Sure I'm not alone in my chain of thoughts.
@CharlesArthur-fq5sx3 күн бұрын
Buy now, home prices will not go lower. If rates drop, you can refinance
@Franklin-gq4si3 күн бұрын
The government will have no choice but to print more notes and lower interest rates
@williamDonaldson4323 күн бұрын
Well i think, home prices will need to fall by at least 40% before the market normalizes. If you do not know whether to buy a house or not, it is best you seek guidance from a well-experienced advisor for proper portfolio allocation. So far, that’s how I’ve stayed afloat over 4 years now, amassing nearly $1m in return on investments.
@foreverlaura-fq4eu3 күн бұрын
this is quite huge! what have you invested in ? much more info needed please ...I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
@williamDonaldson4323 күн бұрын
Finding financial advisors like Annette Marie Holt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@Sdakouls33 күн бұрын
This isn't an Ireland-specific problem, it's a neoliberalism problem.
@TheGreatHuman3 күн бұрын
The quality of the videos on this channel versus its viewing numbers is off the charts. Another great video, thanks.
@tomwalsh963 күн бұрын
I think this video makes a false assumption that without the ban more units would be built. Infact if the square footage requirements for co-living spaces were more extrenous than for apartments, the opposite would be true as there would be less beds delivered on any given site. I also don't understand how only the minister could know the answer to the second two points, this kinda seems like a cop out. We would need to avoid a scenario where we over deliver on this type of development. It is probably not a living situation most people would grow into long term, so is more akin to a plaster than a cure.
@uvacasmweeniv73174 күн бұрын
Grma for the videos lads! I emigrated a few years ago to a city where rent is also high but housing laws less regulated. Lived in a bedsit (decent size, ~15 sqm) in an old townhouse for a year, room would have orginally been a living room or large bedroom. The bathroom was outside the room and shared with the guy living in the room across from me. Most importantly for me at the time (24-25 yrs old), it was cheap-ish and smack-bang in the middle of the city. Overall, for that period of my life, I really enjoyed my time there. Completely unsuitable however for my current life circumstances.
@myragrindheim37504 күн бұрын
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
@Kageoshi4 күн бұрын
Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Georgette Wong 🙌
@Noah_William-l3l4 күн бұрын
Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
@JamesSmith-454 күн бұрын
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Georgette Wong, has been an amazing experience.
@AnnaKatherine-u3x4 күн бұрын
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️ of myself because of low finance but I still believe in God
@LukeAdomo-h5n4 күн бұрын
I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Georgette Wong 😊🎉.
@EuropeanQoheleth4 күн бұрын
sigh A libertarian channe lwould say the NHS is bad.
@philfluther27134 күн бұрын
Bedsit in the past from cubbyhole room to room. 2:53 'people' should that not be single people?
@oldskoolclassic4 күн бұрын
Great video , I grew up in a bedsit with my ma and da in early 90s beside big tree pub on Dorset St, we had our own house we had our own bathroom, and it's was a stepping stone for us , it's funny how the people making the rules probably never lived in a bedsit
@oisinoc4 күн бұрын
Irish chattering classes: "What can be causing Irelands housing crisis and why it definitely isn't the tens of thousands of foreigners flooding into the country"
@EuropeanQoheleth4 күн бұрын
There's far more to it than that.
@cgarveyie4 күн бұрын
Thanks!
@polysee4 күн бұрын
Thanks a lot!
@rinnin4 күн бұрын
I’d love to move into a Danish Style Co-Housing situation with private kitchen/bathroom/living room along with shared communal spaces for meals, bike sharing, community garden, green energy etc etc. Solves housing, climate & loneliness crises all in one. Will the Irish public or politicians wake up to the idea? Probably not. Guess we’ll be dying alone in substandard living conditions then 🙄🤦♂️
@k20084 күн бұрын
The Government needs to stop means testing for Social Housing.
@AbdulMunimKazia4 күн бұрын
I suspect one of the reasons why these are unpopular is that people on the social housing list are afraid that the government will start providing them with this when applicable, instead of bigger houses like others before them have got so far. Like you said, we are already renting in coliving spaces unofficially, but people are scared of purpose built ones.
@richiehoyt84874 күн бұрын
There's nothing intrinsically wrong with bedsits, for people at a certain time in their life. Obviously if you've got already small rooms further divided with barely a sheet of plasterboard between them, you're going to have problems. Housing OAP's with potentially rowdy students or young single people is not likely to end well. (Of course , sometimes you find it's the OAP's who are the drunken yobs!) Not having a second W.C. _seperate_ from the bath/shower~room is asking for trouble, as are prehistoric hot~water systems (and that's just for the shower, I never once lived in a place that had hot water in the bedsit itself. One place I lived in didn't even have 'modern' rectangular~pin electrical sockets! Another place had an electric meter that still ran on 50p. coins, _well_ into the noughties - provided by the landlord, when he could be a7sed!) And of course one hopes that your landlord isn't _two_ of the usual default landlord types that predominate in this sector - tightwad _and_ psychopath - rolled into one! Seriously though, notwithstanding the above, and as long as the landlord isn't profiteering over and above the norm, bedsits, and (koff!) 'chalets' aren't a bad option (I use the term 'option' advisedly!) I mean, they _do_ address a need. For people who've moved out of home, but maybe are in the happy situation of being able to drop back for a decent meal and to get their washing done, the odd weekend, and where they can park some of their stuff, they can be ideal. They may, indeed, represent the means of them moving out of home in the first place!
@ronanmc21124 күн бұрын
Co-living was ok. It suits a lot of young people. It’s common across the West. It was a political football. The opposition did as much damage to young people over this as the Government did.
@thomasmcd814 күн бұрын
landlord puff piece. co-living is not the answer to a housing crisis. building more social housing, streamline planning, build upwards, all better solutions.
@siobhan39374 күн бұрын
Ireland is full. We cannot house the world..
@darragh47Күн бұрын
Full of idiots
@themsmloveswar39854 күн бұрын
FFGP only know how to make a problem bigger.
@Tzahx_4 күн бұрын
Just look at the Irish government now they making it worse getting worse because of illegal migration making it a lot worse
@Whatshisname3464 күн бұрын
Those who pine for the days of the bedsit never lived in one. Their only experience might’ve been at a student party when they were langered. My memory of bedsits is a bit different, having lived in a few over the years. There’s not only the fact that your bed was basically the sofa and the dinner table; there was also the small matter of a toilet you feared to enter because the landlord hadn’t cleaned it since 1963 and a shower you could catch leprocy from. It like having nostalgia for the hovels of the 1800s because sure didn’t the mould make people tough and you were poor but you were happy! There are other better solutions to the property crisis. Falling back on bedsits is an admission that Ireland lacks the will or the interest in solving the crisis beyond quick fix gimmicks.
@edwarddoyle44013 күн бұрын
This video is very interesting, but has the advantage of the long term look, whereas the gov. seem constantly to have always a very short (4yr) plan. If the original bedsit was upgraded a little and had an ensuite? but I think, behind it all is the growing fear that the gov. either don't have a clue or don't really care or ...are working perfectly towards "a plan".... On the simplest of simple levels, "Builders" we need to build houses for us, have nowhere to live.
@magesalmanac6424Күн бұрын
That sounds like more an issue with lazy landlords than with bedsits themselves
@johnmoynihan53904 күн бұрын
the problem in Ireland is the standard of housing that's being rented can be very very poor. If that is being rented by a single house landlord then they are subject to income tax n their earnings from the rent. So said shoebox going for €1300 means that over €650 could be going to the government if the landlord has another job. Coupled with the rent pressure zones inhibiting rent increases why would a single person landlord put money into the upkeep of a property?
@byrne85094 күн бұрын
And the relentless immigration policy our gov has further compounds the effects of the internal lack of housing issues we have by further increasing demand, therefore making landlords even richer. WTF is actually going on?
@EuropeanQoheleth4 күн бұрын
sigh People never stop banging on about immigration.
@zomgoose3 күн бұрын
@@EuropeanQoheleth Mass Immigration is a major contributing factor.
@RhysHuntoffice4 күн бұрын
Luckily, my spouse and I were able to pay off our mortgage early. We took the money we were spending to accelerate our mortgage repayment and invested it right away while we were both still working. We were able to retire early after accumulating what would have been our home payment for over 7 years and maxing out our 401K/403B plans. Thankfully, both of our parents taught in us the importance of living within our means.
@ronniewilliams-g2224 күн бұрын
Investing without proper guidance can lead to mistakes and losses. I know this since I've been there myself.Seeking guidance from a professional is preferable if you're new to investing or don't have much time.
@RichardGeorge-uj9iu4 күн бұрын
Investors can have different investing results even with the best strategy and suitable assets. Understanding how experience plays a critical part in successful investing is key. Since I was aware of this, I consulted a market analyst for advice, which helped me build my account to about a million dollars. Having strategically cashed out just prior to the market correction, I'm now taking advantage of buying opportunities once more.
@AdamWright8fool4 күн бұрын
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances
@RichardGeorge-uj9iu4 күн бұрын
Leah Foster Alderman is the licensed expert I use. Just look up the name online.
@AdamWright8fool4 күн бұрын
She seems to be literate and well educated. Thank you for sharing, I found her webpage when I searched for her online.
@leeciaran4 күн бұрын
Great video! 🫡
@booster3304 күн бұрын
Bedsit is another word for studio apt. They're OK.. Ban the dystopian house share model. It's totally inhumane to live in a box room with strangers
@TheWolfXCIX3 күн бұрын
Has none of the video sank in!? Bans are terrible. If people are choosing house shares, it's because they want it, or because the alternatives are worse to them.
@booster3303 күн бұрын
@@TheWolfXCIX house shares are not common in Europe and the rest of the world. Ireland has an aversion to building appt blocks, towers, complexs. House share forced not a choice
@BogFiets4 күн бұрын
Left Ireland last year. Couldn't have made a better decision. We moved to the Netherlands (which also has a housing crisis!) and finding a place here was like playing on easy mode compared to Ireland. You can't ban your way to fixing a housing shortage.
@rinnin4 күн бұрын
@BogFiets Interesting. How do you find the tax situation? And cost of living overall?
@BogFiets4 күн бұрын
@@rinnin Tax situation is a bit better (Ireland charging 52% marginal tax on a pretty low income stings), and if you move from Ireland you should be able to get the 30% ruling (which has been watered down, and is admittedly unfair). Not needing a car helps a lot! All trains for my kids are completely free, too. A 5 bed house with a garden 20 minutes from Amsterdam Centraal is 2450 a month.
@seanoc904 күн бұрын
Excellent video! Fair play
@zoso92434 күн бұрын
I am sharing since 2017. It's not the best really. I hate this accommodation but this is what I have for now.
@HoboGodfrey4 күн бұрын
All those politicians have added to homelessness. Paying tax free rent for Ukrainians is creating homelessness among Irish citizens.
@domeara14 күн бұрын
I would love to see you make a video analysing Ireland's gerymandered political system
@philfluther27134 күн бұрын
gerrymandered political class.
@marcuskirwan2044Күн бұрын
We don't have a gerrymandered political system. Analysis done.
@OileabhearMacAodh4 күн бұрын
This channel is BS, smelling it for awhile. The moment the 'government limits choice' arguement was brought up, all I hear is libertarian shill argruement. The 'private' landowners have as much choice over how you live by land banking, quality of housing stock, making supply scarce and inflating prices off the backs of more efficant markets driving productivity. What's the solution, a variety and debatable, but making video essay saying, suck it, live in the most-anti-social forms of shared accomodation , it choice , is normalising the low quality of life expectancy and adds to the doomish atmosphere found in irish society of 'nothing can improve'
@cordfortina90734 күн бұрын
Couldn't agree more.
@barbarianislander38054 күн бұрын
Allowing for all types of accommodation provided the regulation and enforcement is there is fine, however there isn't enough enforcement on tenancies right now to justify immediately lifting it. I lived in a co-living place abroad for a while, its fine for a year maybe 2, but in the long run other types of housing suits better. Students and young professionals needing a year in Dublin is one thing, housing supply for long-term tenants is another. Ensuring actual apartments and social housing units are built, as well as cities and towns effectively planned to facilitate these developments is the real way to improve the housing crisis, and improving enforcement of regulations to allow for such low-cost short-term accommodation is needed too, but you can't put the cart before the horse or all you'll do is create low standard expensive units.
@gbhgvhgbh5 күн бұрын
I'm a working class man, born and bred in Dublin. Before the ban on bedsits we had flowery meadows and rainbow skies, and rivers made of chocolate, where the children danced, and laughed and played with gumdrop smiles.
@cordfortina90734 күн бұрын
And people laughed and shrieked with joy as they washed in the shared bathroom that hadn't been cleaned in 2 years.
@TheDanieldineen5 күн бұрын
Maith thú, iontach mar 's an gnáth! 👍
@kc84855 күн бұрын
As a former house builder/developer (and student of the rental market) I can endorse this analysis in its entirety.
@krombopulos_michael5 күн бұрын
Never understood the ban on co-living. Any time something is being built for young single people it's met with shrieks about it being completely unsuitable for raising a family in like every person needs a 3+ bedroom semi D with a garden and a trampoline. Why it's legal to squash 4 adults who don't know into a dilapidated 3 bedroom F rated corpo house but it's illegal to have a small private 1-bed with a shared kitchen is beyond me.
@trabadoireacht65454 күн бұрын
It’s all an excuse. Those with wealth and property want to protect it so they use whatever means to do so. People on here keep yapping about government freeze on building things but that’s just one tool that’s used by the landed upper class. They’d use something else if it wasn’t there.
@oddunb61904 күн бұрын
That’s a really good point. How is house sharing not the same as co-living?
@P5YCHO11925 күн бұрын
We need more high rises. More density for the same amount of land is SENSIBLE. we have the ability, why the fuck aren't they talking about this or making needed changes. Crazy
@Antody5 күн бұрын
No infrastructure for it, i.e. parking, roads, schools etc.
@BogFiets4 күн бұрын
@@Antody Parking is the opposite of what you want. If anything parking should be removed.
@StepDub5 күн бұрын
Ask yourself what sector of the Irish population owns most of the rental property. Then ask yourself where the various ministers get their advice and instructions from. Any connections?
@mr-amb3r5 күн бұрын
So the Government don't build or improve the housing situation and instead of fixing it we just allow more sub standard accommodation onto the market? They won't offer enough competition to bring prices down and when bedsits are renting for €1200-€1500 it gives landlords the incentive to increase the price of one or two bed places rather than to introduce a cheaper option. The only solution is social housing that remains in Government ownership. Anyone on less than average wages should be able to get a council apartment/house and yes we do have the wealth to achieve it.
@krombopulos_michael5 күн бұрын
Social housing still costs money and takes time to build, and doesn't do anything for all the people who don't have below average wages. Every type of housing contributes to supply. Provided it's built to a safe standard, none of it should be outright banned.
@fotoz23635 күн бұрын
I lived in Dublin 9, Phibsboro, worked in Eircom in Clontarf, used to pay 400e for a room in a house back in 2010, the price was going up steadily to around 1000e per month and the only way to get that room would be if someone is moving out as his replacement. I moved back to Slovakia, wages here are much lower, but so are the rents. I can afford more than I used to in Dublin.
@Mpg9725 күн бұрын
Interesting. Appreciate that yu still think about us here in EIRE . Though if yu can buy any property at home I would just to have security . In some small towns in Croatia large amounts of appartments ar going up drivingv up prices and rents for old and new properties and most of the new are empty wages haven't followed. Is that likely to happen in slovakia
@fotoz23634 күн бұрын
@@Mpg972 I still have friends in Ireland, some of whom are affected by the housing crisis. In East Europe in general the prices are very high for local incomes. But compared to Ireland it's a bargain, here you can get 3bedroom new built apartment in good location for 750e including utilities/internet/garbage disposal.