Affordable Housing Options Heading to Dublin

Three council-owned sites have been offered to developers under the condition that affordable homes are built in its place. Dublin City Council who offered up the sites are attempting to tackle the rising prices in Dublin and offer reasonable priced houses, apartments, and duplexes at three different sites. Over 370 homes will be built starting at €116,000 aimed at attracting low and middle-income buyers.

Average house prices in Dublin have grown over 4% in the first couple of months this year outperforming the national average by over 1%. Dublin’s current average house price is €383,000 and many people are having trouble affording homes in the city. Dublin City Council aims to start prices at €267,000 less than the current average which will allow for more diversity within Dublin’s housing market makeup.

The least expensive of the new homes being built are the two Ballymun sites. One Ballymun site will be located on Sillogue Road near Main Street. The other site will be listed on Balbutcher Lane. Options will include a one-bedroom apartment, two-bedroom duplex and house, three-bedroom duplex and house, …

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GO TO JAIL! Do not pass go, do not collect €200 million

The talk of ‘Economic Treason’ and calling for the heads of every banker are sadly starting to gain more and more traction, all of this is happening without concrete evidence thus far of exactly ‘who’ we are chasing and ‘for what’ specifically, largely the financial leaders greed is central to accusations of wrongdoing, and while greed may not be morally acceptable to right thinking individuals it is not actually a crime.

The FT recently had an article showing that executive pay misguided but that it didn’t make them criminal by nature, stupidity is an ‘equal opportuntities’ trait. It is important that every person in finance is not villified for what was something that all of society played a part in.

One question nobody is asking is ‘what part did I play in this?’, as a brokerage we are culpable, as a consumer I am personally culpable and as a citizen I will be paying for mistakes made on both …

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To buy, or not to buy, that is the question

The usual questions seem to float around Dublin every time I am out and about: is there life on Mars? Does my bum look big in this? Why hasn’t he called? Lately all these questions have been shoved aside in favour of “am I mad buying a house?”

It is obvious to the simplest of beings that property values have dropped significantly over the last year to 18 months. Is this a trend set to continue? If so until when? No one really knows.

The subject of house prices pervades every atmosphere in Ireland; the pub, the LUAS on a Monday morning, the DAIL bar… to mention just a few. It compounds my suspicion that Irish people are still obsessed by property. This is deeply rooted in the Irish psyche, which many believe is born out of 800 years of English occupation.

Irish people know they want to buy property, however consumer confidence is so fragile, that people are wary of making such a big financial commitment which …

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