Aggressive national strategies for housing, health care and car insurance could restore popularity of Fianna Fail in a minority government

Patslatt1

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Ronnie Reagan must have been a massive commie by that measure seeing as he blew out a huge spending race and left an enormous budgetary overhang. Ronnie the Commie.
Again, check your facts. US federal spending combined with state spending never went above 35% of the US economy except in WW2. Spending as a percent of the economy is the best measure of left vs right wing politics. Deficits are a minor influence by comparison.
 


Patslatt1

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Why doesn't the State cut out the REIT middleman and contract directly with developments to build such developers and make them a mix of social, affordable, and affordable rentals?

Instead of pumping billions into HAP
REITs have a very good track record in housing in both the US and UK and generate taxes on the compulsory high payout of dividends of about 90%.
 
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Patslatt1

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Its FG who went trendy and woke and they suffered for it. I doubt if legalising abortion got them one extra vote while it cost them votes among older voters. For the younger voters, eaten bread is soon forgotten.
Should we return to coat hanger, back street abortions?
 

Patslatt1

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There is a difference between builders and developers, basically developers raise finance and buy sites whereas a contractor will build whatever he's asked to build. HAP is a sticking plaster solution to an immediate problem. I agree with SF's proposal to build social housing directly. Unfortunately, house building takes time, no matter how big your ar5e is, you can't pluck houses out of it.
Building directly is costly. A post by someone who seemed knowlegeable claimed that locals often poorly informed on best practice designs and layout choose inferior plans; that cost plus contracts are exploited by subcontractors; and a provision that social housing contracts should employ local labour is silly as if there were able bodied fit building labourers and trades people on every street corner. Hiring locals drives up wage costs.
 

Patslatt1

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Maybe but the site needs to be developed before you can build houses. Cherryfield will provide a huge number of housing units but the infrastructure is still being built.
Cherryfield grows cherries, where?
 
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Gin Soaked

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Why will it stagnate? Threat of freeze on rents? REITs have proven a good financial vehicle in property in both the USA and the UK partly because they pay out most of profits. That would generate taxes on dividends in the hands of Irish owners. This high payout also imposes strict financial discipline. In contrast, too many developers take on too much debt and go bankrupt.
Lots of objections....
 

Patslatt1

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For all of the parties except SF this was the canvasers year to drop a leaflet into the mailbox and run. The ones I managed to catch seemed to never have heard of hospitals or car insurance. SF campaigned on these and I will expect them to address the problems.
SF's hard lefties would spend money like drunken sailors for little result and tax the economy into recession. Then SF supporters among the working class and youth would be "gone TINGLAND" to look for work as we used to say in hard times.
 

Patslatt1

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Maybe but the site needs to be developed before you can build houses. Cherryfield will provide a huge number of housing units but the infrastructure is still being built.
It is well outside the M50. Emphasis should be on developing housing inside the M50 to prevent long commuting that reduces the quality of life for families.
 

wombat

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It is well outside the M50. Emphasis should be on developing housing inside the M50 to prevent long commuting that reduces the quality of life for families.
Its in Dun Laoghaire Rathdown council area near the M50/M11 junction, a prime location.
 

wombat

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Cherryfield showed up north of the M50 on a Google search for the map but I'll take your word for it.
Its near Loughlinstown, between the N11 and M50, its virtually a new town complete with Luas stop.
 

Patslatt1

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Its in Dun Laoghaire Rathdown council area near the M50/M11 junction, a prime location.
Snobbish DLR council built a social housing estate quite isolated near Marley Park years ago. At one stage, bus drivers refused to go there.
 


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