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How many current TD's are landlords? |
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Shedite ![]() Jack Charlton ![]() ![]() Joined: 09 Dec 2011 Status: Offline Points: 9670 |
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And yeah, all 5 cousins wanted out once we inherited it. Between legal and tax bills on it, house sold for 120, ended up with a bout 10k each,
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sausy ![]() Jack Charlton ![]() ![]() MAYO FOR SAM Joined: 13 Jan 2009 Location: The local Status: Offline Points: 6842 |
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Outside of probate I have dealt with the purchase of a few in work and everyone has been a disaster. Reconstruction of deeds, endless qualifications on title, rights of way/easements over what is always a massive rear garden etc.
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Given's zimmerframe ![]() 500 Club la la la ![]() Joined: 03 Apr 2016 Status: Offline Points: 549 |
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Why did it take so long to sell? Did you all want to sell straight away after inheriting?
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Shedite ![]() Jack Charlton ![]() ![]() Joined: 09 Dec 2011 Status: Offline Points: 9670 |
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Given's zimmerframe ![]() 500 Club la la la ![]() Joined: 03 Apr 2016 Status: Offline Points: 549 |
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In the rural town I live in many of the main street properties are empty and rotting, when one is put up for sale, it sells almost immediately, sometimes the first time I notice the for sale sign it already has sale agreed slapped on it. If you owned a main street property that was too expensive to get in order, why would you not sell it?
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MayoMark ![]() Moderator Group ![]() ![]() The NEW angrier Freewheeler Joined: 27 Jan 2009 Location: Castlebar Status: Offline Points: 26022 |
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In the towns I mentioned, town centre properties don't sit there if for sale, they sell pretty well!
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They finally did it man... They killed my f**kin' car...
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sausy ![]() Jack Charlton ![]() ![]() MAYO FOR SAM Joined: 13 Jan 2009 Location: The local Status: Offline Points: 6842 |
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If there are multiple empty main street properties for sale in the same town not selling then it would be difficult to value. But getting into commercial property valuations is going off track a bit here.
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MayoMark ![]() Moderator Group ![]() ![]() The NEW angrier Freewheeler Joined: 27 Jan 2009 Location: Castlebar Status: Offline Points: 26022 |
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Really interesting numbers and just shows these things are never black and white.
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They finally did it man... They killed my f**kin' car...
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MayoMark ![]() Moderator Group ![]() ![]() The NEW angrier Freewheeler Joined: 27 Jan 2009 Location: Castlebar Status: Offline Points: 26022 |
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Just in terms of the towns I mentioned above, property in town centres in need of renovation get huge interest and sell very easily.
And a huge amount of the bigger town centre properties have been bought up by consortiums over the last number of years as investments etc and have just left the property to rot. I honestly think it's out of order. If there is a solid plan, fair enough. By 5, 10 years sitting idle isn't good enough. Especially when the properties are literally rotting in front of our eyes. @ Sausy, I don't think it's difficult to value these properties at all. Plenty of comparables available. |
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They finally did it man... They killed my f**kin' car...
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Shedite ![]() Jack Charlton ![]() ![]() Joined: 09 Dec 2011 Status: Offline Points: 9670 |
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Then that number doesn't account for reason of vacancy, just that there was nobody there on census night, of the 30k vacant in Dublin for example... - 4k for sale - 5k being renovated - 3k residents in hospital - 3k recently deceased - 1k new builds awaiting occupancy So it's probably half of the headline figures are really long term vacancy
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Baldrick ![]() Robbie Keane ![]() ![]() Peyton-tly Pedantic Joined: 18 Sep 2008 Location: Ireland Status: Offline Points: 30612 |
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that’s exactly it sausy. You own a property in a town that requires major work to comply with health and safety and fire regulations etc and the demand for rental there would not pay you to spend all that money to renovate the house and you can find a better location for that money that will give you a better ROI. As a result the house is left.
Someone who has the property but does not have the means to renovate. Should they have the property taken off them by the state or should they pay high taxes on a derelict property they can’t use or renovate. No easy answers that’s for sure and there will be lots of hard case stories.
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AKA pedantic kunt
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sausy ![]() Jack Charlton ![]() ![]() MAYO FOR SAM Joined: 13 Jan 2009 Location: The local Status: Offline Points: 6842 |
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I wonder what percentage of those properties are on the market but getting zero interest due to the works involved to turn them back around into places people could live. Could be difficult to value for CPO purposes too. But as already said a lot of these properties are in places people don't want to relocate to. Ignoring 200 year old main street places I wonder what the ghost estate situation is currently like.
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Given's zimmerframe ![]() 500 Club la la la ![]() Joined: 03 Apr 2016 Status: Offline Points: 549 |
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Yes many rural town centres have a wild west ghost town feel to them due to the amount of rotting empty properties
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MayoMark ![]() Moderator Group ![]() ![]() The NEW angrier Freewheeler Joined: 27 Jan 2009 Location: Castlebar Status: Offline Points: 26022 |
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I'd be all for a use it or lose it law!! CPO the f**kers. Properties on main streets deteriorating and, in some cases, having to have netting installed to stop falling pieces from hitting pedestrians. Absolutely ridiculous.
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They finally did it man... They killed my f**kin' car...
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Artie Ziff ![]() Ray Houghton ![]() ![]() Joined: 10 Oct 2007 Status: Offline Points: 3384 |
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They are more pushing to get the houses renovated and if that means a tax on empty properties to force some owners to comply then that's what they look to do.
There must be hundreds of 1st time buyers that would like to move into Castlebar, Claremorris or Swinford, and that in turn regenerates small towns. It wouldn't surprise me if half the empty houses were down to family disputes over damned land and over my dead body you'll not get it ![]() |
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It would damage this forums' reputation
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MayoMark ![]() Moderator Group ![]() ![]() The NEW angrier Freewheeler Joined: 27 Jan 2009 Location: Castlebar Status: Offline Points: 26022 |
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Aren't most of these empty homes in places where there isn't a homelessness crisis?
I'm not sure many people want to be uprooted and shipped to rural Mayo, Leitrim or Roscommon. Although I could be wrong. There are a ball of empty properties in the centre of Castlebar, and Claremorris and Swinford where I work. It would be fantastic to see them occupied, it would be great for struggling town centres to have people living there.
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They finally did it man... They killed my f**kin' car...
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Artie Ziff ![]() Ray Houghton ![]() ![]() Joined: 10 Oct 2007 Status: Offline Points: 3384 |
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Uplift are looking for support for this GZ
https://www.uplift.ie/
The truth is out: the Census has uncovered that there are far more buildings lying empty than anyone ever knew. [1] for every homeless person in Ireland - there are 16 vacant homes! Make no mistake - this government is determined to keep the spotlight off why there are more empty properties than people desperate for a safe and secure home. We don’t have much time. Before we know it, the summer will be over and Budget plans done and dusted. We need you to chip in a few euros today to kick-start the fight back on turning vacant buildings into homes: That's why we’re putting the focus back to where it belongs: on exactly how we can force housing bosses to turn empty buildings into homes. It'll take some serious sleuthing from the best researchers, amplified by a sophisticated media strategy, hard-hitting tactics and cheeky stunts. Every single one of us reading this email knows someone struggling to find a home. This week alone, there were only just over 800 properties available to rent nationwide on Daft.ie, Ireland's most popular housing site. [2] Even our president Michael D Higgins has spoken out about the ‘housing disaster’ saying that vacant properties should be used for homes. [3] But for months now, there's been relentless pushback from developers, landlords, vulture funds and even some politicians. They’re deliberately underestimating the number of vacant properties out there in a frantic attempt to squash any talk of taxing vacant properties. [4] With the news this week about the Census, we've got a crucial moment to ramp up the pressure on this government and council bosses. We’re already talking to housing researchers about digging into the census details and plotting hard-hitting actions. But first, we need to raise enough money to hit ‘Go’ on these ambitious plans. Chip in now so that we can get going: More power to you, Siobhán and the Uplift team P.S: You can also chip in by calling 01 513 3043 or sending a cheque or postal order to Uplift, 13 Lower, Dorset Street Lower, Dublin 1, D01 Y893. P.P.S: I know asking for donations in these tough times is a big ask. Some of us won’t be able to afford it - and that’s ok! There are many other ways that you can support our campaigns. But if you are one of the fortunate ones who can afford to chip in even just €5 or €10 to help force housing bosses to turn empty buildings into homes, please click here to do so. NOTES: [1] Vacant property policy 'a blind spot' as 166,000 houses lay empty (breakingnews.ie) [2] 10% of houses lying vacant but only 800 available to rent [3] Michael D Higgins says housing is no longer a 'crisis' but a 'disaster' - Buzz.ie Edited by Artie Ziff - 28 Jun 2022 at 10:04pm |
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It would damage this forums' reputation
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colemanY2K ![]() Roy Keane ![]() ![]() Fresh minty breath Joined: 01 Mar 2010 Location: London Status: Offline Points: 14953 |
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no idea. the cso have released preliminary findings from the recent census. 167k vacant properties which excludes holiday homes. looks like leitrim is the place to go if you're looking to buy a vacant property. |
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"One of the dominant facts in English life during the past three quarters of a century has been the decay of ability in the ruling class." Orwell, 1942.
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