Ireland :Over-developed?

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    • #709402

      An article in todays Irish Times informs us that developers intend to construct 6000 new homes north of Drogheda and that the infrastructure they will generously provide will be a link road to the M1 and drogheda port. Considering that a recent census said that there are almost 250,000 empty units in the state, is this really necessary? I would suggest that Ireland does not actually need anymore new housing units but instead needs to build services such as schools , metros etc to service the existing areas. Surely there is no local demand in Drogheda for such an amount of extra units as I would bet that there are many existing houses there which are empty today. There is an abundance of anecdotal evidence from around the country that one cannot even sell an apartment nowadays and even in Dublin the Menolly homes “Coast” development in Baldoyle will not be completed as they cannot sell the units:confused: !!

    • #789382

      Without disgreeing with your overall sentiment, before you over-dramatise this debate you might clarify how many of the 250,000 homes that were vacant are holiday homes or those between tenants ?

    • #789383

      I think that any proposal to build a scheme of 6,000 units serviced by nothing other than a road link is audacious.

      If planners are considering this seriously they should be dismissed without notice.

      I agree with Angry Rebel that there are not 250,000 vacant units being actively marketed in places that are convenient to the major employment centres.

      However if the stamp duty issue meets such disunity post election as it has pre-election then there will be a similar number of houses for sale and no-one in a position to buy them. Given the importance of the property sector to the economy the current vaccuum can only be considered to be a case of serious mis-management of the economy. In 1977 the abolition of domestic property rates led to a boom that bust. The current situation could be best desribed as a market in a death by punitive tax psychosis. Prices are falling and estate agents fees rising if that doesn’t tell you the way things are nothing will.

      To talk about redeveloping Dublin Port whilst the market is collapsing is dishonest. I saw Durkan homes doing a single home renovation in Hampstead last week do you think they’d be doing this 2 years ago?

    • #789384

      Angry Rebel,

      I think the amount of holiday homes was 115,000 or so. I cannot say that these figures are 100% accurate but they are not a million miles away!

    • #789385

      under developed i would say. and not enough units being built in the cities.

    • #789386

      Could we settle on the term mis-developed?

      30,000 one offs a year many of which are on the market and 115,000 empty holiday homes.

      The carbon footprint is frightening whilst a development like Edward Sq fails in architectural terms because it is two storeys too low.

      Mis-management of the built environment on a Marto & Dick scale

    • #789387

      I dont know why anyone would build a house if it wont be sold??
      Am i missing anything, is there tax incentives or something of the sort?
      If they intesified existing res. areas, rather than building souless housing estates ,then this will slow down any unwanted sprawl
      and of course put in place rail transport schools and so on

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