Working with an electrician & a nurse with 2 small kids. They bought a house for £272,000, it’s now worth £360,000 because they did work to it. They could push to £575,000 on their next home, but @RachelReevesMP requires £18,750 in Stamp Duty!!! This tax stops people moving.
Tomorrow, I meet with Divisional Roads Manager (DRM) regarding failure of developer to complete Woodbrook Village on Brookmount Road, Omagh. Shergrim another example. DFI Roads & NI Water have bonded agreements in place. Enforcement now necessary. How much are the bonds worth ?
Ireland's housing system is in a state of disrepair, primarily due to ineffective Government policies.
My graphic illustrates the large number of vacant and derelict properties in Dublin City. It also shows the 4,666 entire houses or apartments currently listed for short-term letting on the Airbnb platform, with a total of 18,649 across Ireland.
According to the Department of Housing, 9,671 adults and a record 4,170 children found themselves in emergency accommodation last month. The Government failed to meet its social and affordable housing targets by 2,680 homes last year and significantly underestimated the number of houses needed to be built annually by 17,000. It's widely accepted that Ireland requires up to 50,000 additional houses each year; however, the government's "Housing for All" plan only aims to build an average of 33,000.
The 2022 Census shows that the country has 166,752 vacant homes and 66,135 empty holiday homes. Interestingly, nearly a third of these vacant homes (48,387) have been unoccupied long-term since 2016.
Predictably, rent has doubled over the past 13 years and house prices have surged by 55%, marking the fastest growth in any major EU economy. Currently, Vulture funds own 1 in 6 mortgages in the Irish housing market, while Cuckoo funds and the State purchase 42% of new homes. This situation has led to a record number of first-time buyers competing for the smallest supply of housing stock in over a decade.
Nationally, just over 11,000 homes are available for purchase, a stark contrast to 2012 when 60,000 homes were on the market. To add to the crisis, the income needed to buy a new home in Dublin is €127,000, which surpasses even a TD's basic salary of €108,987.
Consequently, 68% of people in their late 20s still live with their parents, a figure that is nearly 26% higher than the EU average of 42.1%.
#Dublin #Ireland #HousingCrisis #DerelictIreland #homeless #Airbnb
One of Europe's largest lakes is an ecological disaster zone of biblical proportions. Where Moses turned the Nile to blood with a staff, Stormont turned Lough Neagh to toxic green paint with stupid policies - & 40% of NI's drinking water comes from here. https://t.co/OyRPOHDTjv
"Wthout the energy side of ADHD I wouldn’t have done all the things that were good in my life."
He was expelled from school but Anthony Miller has now been called to the Bar
He's been explaining why he always had faith he'd find "another route" to success
https://t.co/tnKblPLgqx
Welcome to a new episode of "Where Angels fear to tread".
Let's talk about accounts, conveyancing fees and financial performance.
I've been comparing our 2021 accounts with our 2022 accounts, and they make for interesting and sobering reading.
I go in…https://t.co/Dvvl0ZAex6
A campaign has been launched calling for the reopening of a key railway that served the west of Northern Ireland until the 1960s.
https://t.co/UbpMiolPhL
Remember me?
Back after a month's hiatus to give you an update on me, stamp duty, 5 star Google reviews, my Law Society of Northern Ireland Council nomination (deliberations!), and the future of the High Street practice in Northern Ireland.
What's not…https://t.co/OWY7PWSpaQ
8/
The coming battle must be against poverty, not against the poor.
You cannot rely on a heartless government having a change of heart, but concerted action by the public can force a change of mind.
The time for action is now. Please sign the petition.
https://t.co/AhVmNxMxUD
So many of you have been reacting to Billy. We chatted about so much. Billy comes from a loving family. Here's what he told me when I asked him about life not turning out the way he had hoped or dreamed. Billy wanted to be a paramedic! @RobinSwannMoH@moneillsf @J_Donaldson_MP
"We have started. And we will go on. And we will go on all the better if we walk, rather than run. Sometimes we will stumble, maybe even go back a bit. But this need not matter if in the spirit of an old Irish proverb we say to ourselves, “Tomorrow is another day”. David Trimble