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How many current TD's are landlords?

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Jack Charlton
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    Posted: 30 Jun 2022 at 10:46am
Originally posted by Given's zimmerframe Given's zimmerframe wrote:

Originally posted by Shedite Shedite wrote:

Originally posted by Given's zimmerframe Given's zimmerframe wrote:

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?
I inherited one in West Clare, left by gran-aunts to all the cousins. The legal and paperwork required took us about 10 years to get off our hands. Most houses have folio details, title deeds etc, not our one that was built in the 1800's

Why did it take so long to sell? Did you all want to sell straight away after inheriting?
Mainly what Sauscy said, lots of legal issues to sort out, seemed to be never-ending.

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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Post Options Post Options   Thanks (0) Thanks(0)   Quote sausy Quote  Post ReplyReply Direct Link To This Post Posted: 30 Jun 2022 at 10:19am
Originally posted by Shedite Shedite wrote:

Originally posted by Given's zimmerframe Given's zimmerframe wrote:

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?
I inherited one in West Clare, left by gran-aunts to all the cousins. The legal and paperwork required took us about 10 years to get off our hands. Most houses have folio details, title deeds etc, not our one that was built in the 1800's
 
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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Post Options Post Options   Thanks (0) Thanks(0)   Quote Given's zimmerframe Quote  Post ReplyReply Direct Link To This Post Posted: 30 Jun 2022 at 9:25am
Originally posted by Shedite Shedite wrote:

Originally posted by Given's zimmerframe Given's zimmerframe wrote:

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?
I inherited one in West Clare, left by gran-aunts to all the cousins. The legal and paperwork required took us about 10 years to get off our hands. Most houses have folio details, title deeds etc, not our one that was built in the 1800's

Why did it take so long to sell? Did you all want to sell straight away after inheriting?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Shedite Quote  Post ReplyReply Direct Link To This Post Posted: 30 Jun 2022 at 8:50am
Originally posted by Given's zimmerframe Given's zimmerframe wrote:

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?
I inherited one in West Clare, left by gran-aunts to all the cousins. The legal and paperwork required took us about 10 years to get off our hands. Most houses have folio details, title deeds etc, not our one that was built in the 1800's
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Given's zimmerframe Quote  Post ReplyReply Direct Link To This Post Posted: 30 Jun 2022 at 7:55am
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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Post Options Post Options   Thanks (0) Thanks(0)   Quote MayoMark Quote  Post ReplyReply Direct Link To This Post Posted: 29 Jun 2022 at 1:14pm
In the towns I mentioned, town centre properties don't sit there if for sale, they sell pretty well!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote sausy Quote  Post ReplyReply Direct Link To This Post Posted: 29 Jun 2022 at 12:10pm
Originally posted by MayoMark MayoMark wrote:

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.
 
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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Post Options Post Options   Thanks (0) Thanks(0)   Quote MayoMark Quote  Post ReplyReply Direct Link To This Post Posted: 29 Jun 2022 at 11:38am
Originally posted by Shedite Shedite wrote:

Originally posted by MayoMark MayoMark wrote:

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. 


Yeah, I can't link to it here but there's a good economist @seamuscoffey that goes through the data well on Twitter. Have a look for his tweet 5 days ago that starts with the bar chart, you might have 5%of the housing stock in Roscommon Leitrim etc vacant but that's off a low base. Less than 1% vacant in Dublin, so the state average is about 2%.

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

Really interesting numbers and just shows these things are never black and white.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote MayoMark Quote  Post ReplyReply Direct Link To This Post Posted: 29 Jun 2022 at 11:36am
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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Post Options Post Options   Thanks (0) Thanks(0)   Quote Shedite Quote  Post ReplyReply Direct Link To This Post Posted: 29 Jun 2022 at 11:19am
Originally posted by MayoMark MayoMark wrote:

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. 


Yeah, I can't link to it here but there's a good economist @seamuscoffey that goes through the data well on Twitter. Have a look for his tweet 5 days ago that starts with the bar chart, you might have 5%of the housing stock in Roscommon Leitrim etc vacant but that's off a low base. Less than 1% vacant in Dublin, so the state average is about 2%.

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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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 29 Jun 2022 at 10:53am
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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Post Options Post Options   Thanks (0) Thanks(0)   Quote sausy Quote  Post ReplyReply Direct Link To This Post Posted: 29 Jun 2022 at 10:37am
Originally posted by MayoMark MayoMark wrote:

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.
 
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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Post Options Post Options   Thanks (0) Thanks(0)   Quote Given's zimmerframe Quote  Post ReplyReply Direct Link To This Post Posted: 28 Jun 2022 at 10:32pm
Originally posted by MayoMark MayoMark wrote:

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.

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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Post Options Post Options   Thanks (0) Thanks(0)   Quote MayoMark Quote  Post ReplyReply Direct Link To This Post Posted: 28 Jun 2022 at 10:12pm
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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Post Options Post Options   Thanks (0) Thanks(0)   Quote Artie Ziff Quote  Post ReplyReply Direct Link To This Post Posted: 28 Jun 2022 at 10:09pm
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 LOL


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Post Options Post Options   Thanks (0) Thanks(0)   Quote MayoMark Quote  Post ReplyReply Direct Link To This Post Posted: 28 Jun 2022 at 8:54pm
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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Post Options Post Options   Thanks (0) Thanks(0)   Quote Artie Ziff Quote  Post ReplyReply Direct Link To This Post Posted: 28 Jun 2022 at 8:45pm
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:

I'll chip in

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:

I'll chip in

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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Post Options Post Options   Thanks (0) Thanks(0)   Quote colemanY2K Quote  Post ReplyReply Direct Link To This Post Posted: 23 Jun 2022 at 12:03pm
Originally posted by Given's zimmerframe Given's zimmerframe wrote:

Originally posted by sausy sausy wrote:

Originally posted by Given's zimmerframe Given's zimmerframe wrote:

Cheers that answered a lot, do you know how big/many people are in charge of finding these properties? According to the articles linked here there are roughly 200000 empty properties, does anybody know what percentage of those empty properties have unknown landlords?
 
All folios are with either the Land Registry or Registry of Deeds so not hard to find out who owns what. Not sure if you're looking to find out who owns a specific property or want to know if there is a team trying to identify the owners off all the 200k you mentioned.
Thats what I thought but apparently it is difficult finding out who owns many of these empty properties, thats why I am trying to find out roughly the size of the team that is working on it

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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