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Should the State buy those 33,000 housing units and use them to reduce housing lists?


vanla sighs

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There are 33,000 completed or as good as completed units. Now why doesn't the State buy those houses at knock down prices (if we don't own some of them already!) and use those houses to reduce the public housing lists?

Instead of paying rent allowance of say €120 or €160 or whatever per week to a family or a couple, every week, every month, every year - offer them a house or apartment. A couple can get about €6,500 per year in rent allowance (that's just a couple with no kids) Now if they are on rent allowance for years......well, the math is simple. The potential 4 year saving for 33,000 couples or families would be approx. 1 billion (based on an average rent allowance of €140 per week)

Each unit (family or couple) would pay say €25 per week to the State to live there - rent basically. That would be about €43 million a year that comes back into the State coffers. Just an idea, would like to hear other folks thoughts.
 
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There are 33,000 completed or as good as completed units. Now why doesn't the State buy those houses at knock down prices (if we don't own some of them already!) and use those houses to reduce the public housing lists?

Instead of paying rent allowance of say €120 or €160 or whatever per week to a family or a couple, every week, every month, every year - offer them a house or apartment. A couple can get about €6,500 per year in rent allowance (that's just a couple with no kids) Now if they are on rent allowance for years......well, the math is simple. The potential 4 year saving for 33,000 couples or families would be approx. 1 billion (based on an average rent allowance of €140 per week)

Each unit (family or couple) would pay say €25 per week to the State to live there - rent basically. That would be about €43 million a year that comes back into the State coffers. Just an idea, would like to hear other folks thoughts.
So we allow people to pay rent for less than their Sky and phone service per month !!!!!!!!!!!!!!!!!!!
 

DCon

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FF's great plan last year was to rent them from the Developers for 20 years and make the State liable for returning them in perfect condition after 20 years of social housing
 

DCon

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FF's great plan last year was to rent them from the Developers for 20 years and make the State liable for returning them in perfect condition after 20 years of social housing
Rent allowance can be greater than 200 a week in some cases too
 

vanla sighs

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So we allow people to pay rent for less than their Sky and phone service per month !!!!!!!!!!!!!!!!!!!
That is the situation we currently have! A couple getting rent allowance pays approx, €25 per week towards their rent. These would be public hosuing units, people only contribute a portion when they live in public housing units if they are not working. That is as you seem not to know the current system. And has been for decades.
 

eoghanacht

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Buy them?

How many do the state/the people own throuh NAMA?

It would reduce the rent SW pay to private landlords
 

DCon

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Buy them?

How many do the state/the people own throuh NAMA?

It would reduce the rent SW pay to private landlords
NAMA does not own the properties, it owns the loans.

The Developers still own the properties
 

vanla sighs

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FF's great plan last year was to rent them from the Developers for 20 years and make the State liable for returning them in perfect condition after 20 years of social housing
Makes no sense whatsoever to rent them from developers (and return them in perfect condition after 20 years, lol) Hadn't heard of that FF "plan". Buy them when the market is depressed (suicidal) This is a long term investment that would save the State absolutely billions over the years.
 

DCon

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Makes no sense to rent them from developers - buy them when the market is depressed (suicidal) This is a long term investment that would save the State absolutely billions over the years.
You are not thinking like a FFer.

FF exists to take the State's money and divvy it up between FF and their friends. Renting the properties makes far more sense if this is the objective
 

Munion

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We own the banks, have them call in the debts, if the developers can't pay, take ownership of the collateral i.e. the houses.
 

DCon

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We own the banks, have them call in the debts, if the developers can't pay, take ownership of the collateral i.e. the houses.
NAMA own the big debts. NAMA was invented so that the debts wouldn't need to be called in and the Develoopers could retain ownership and avoid bankruptcy.
 

TommyO'Brien

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Jan 14, 2009
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There are 33,000 completed or as good as completed units. Now why doesn't the State buy those houses at knock down prices (if we don't own some of them already!) and use those houses to reduce the public housing lists?

Instead of paying rent allowance of say €120 or €160 or whatever per week to a family or a couple, every week, every month, every year - offer them a house or apartment. A couple can get about €6,500 per year in rent allowance (that's just a couple with no kids) Now if they are on rent allowance for years......well, the math is simple. The potential 4 year saving for 33,000 couples or families would be approx. 1 billion (based on an average rent allowance of €140 per week)

Each unit (family or couple) would pay say €25 per week to the State to live there - rent basically. That would be about €43 million a year that comes back into the State coffers. Just an idea, would like to hear other folks thoughts.
Won't work. The problem is not just that they are empty but that they are in crazy locations, miles away from where people need houses. Hundreds of empty houses in Leitrim and no use to the people on the housing list in Dublin or Cork, for example. Others are built in the middle of the countryside and would only be suitable for people with cars, something many of those on the housing list don't have.

The problem with most of these houses is their location. Many are built in locations that are useless to most people.
 

vanla sighs

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NAMA own the big debts. NAMA was invented so that the debts wouldn't need to be called in and the Develoopers could retain ownership and avoid bankruptcy.
Tricky, selfish b@stards aren't they, load it all on the shoulders of the people - protect the golden circle.
 

eoghanacht

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NAMA does not own the properties, it owns the loans.

The Developers still own the properties
So shore up the legal ambiguity. Then again it suits them not to.

They owe us therefore the properties should be held as collateral.

Why aren't they playing hard ball with these shower?
 

vanla sighs

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Won't work. The problem is not just that they are empty but that they are in crazy locations, miles away from where people need houses. Hundreds of empty houses in Leitrim and no use to the people on the housing list in Dublin or Cork, for example. Others are built in the middle of the countryside and would only be suitable for people with cars, something many of those on the housing list don't have.

The problem with most of these houses is their location. Many are built in locations that are useless to most people.
It would work, I would say it would certainly work. I would *guess* there are hundreds of thousands on local authority waiting lists all over the country from Donegal to Cork and from Galway to Dublin, we have 33,000 vacant units. Many folks on social welfare do have cars, if the houses are out in the ass end of nowhere. I would say that if folks who have been on the housing lists in say Dublin, Cork, Limerick or wherever else (sometimes for years upon years) were told we've a new build for ya in Leitrim or Cavan or Monaghan that they'd certainly take it. Anyway, if there are hundreds of empty new builds in say Leitrim - how many on the housing lists in Leitrim? I'd *guess* there's more on the housing list than there are vacant houses.

It would work.

We could try to put those housing units to good use and try and salvage something from this train wreck. This addresses two issues at once: social justice and the practical economic reality of saving the State billions over years.
 
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DCon

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Broke

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FF's great plan last year was to rent them from the Developers for 20 years and make the State liable for returning them in perfect condition after 20 years of social housing
I heard of that scam.Developers were going to put the houses into there wives name and rent them out.
 

A Time for Every Purpose

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It would work, I would say it would certainly work. I would *guess* there are hundreds of thousands on local authority waiting lists all over the country from Donegal to Cork and from Galway to Dublin, we have 33,000 vacant units. Many folks on social welfare do have cars, if the houses are out in the ass end of nowhere. I would say that if folks who have been on the housing lists in say Dublin, Cork, Limerick or wherever else (sometimes for years upon years) were told we've a new build for ya in Leitrim or Cavan or Monaghan that they'd certainly take it. Anyway, if there are hundreds of empty new builds in say Leitrim - how many on the housing lists in Leitrim? I'd *guess* there's more on the housing list than there are vacant houses.

It would work.

We could try to put those housing units to good use and try and salvage something from this train wreck. This addresses two issues at once: social justice and the practical economic reality of saving the State billions over years.
A BIG Yes ! !
 

goosebump

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