By - Fun-Pea-1347
Name one housing minister who has done anything remotely progressive or beneficial for the general public in the last 20 years......
They’re doing more damage than good
Some greed in this country.
You can sing that again
SOME GREEED IN THIS CUNTRAAY
Could be argued that the landlord is also struggling and increased cost to cover his own bills. Probably not tho
Owning a house isn’t a job
If they have a spare house to rent out, I assure you they’re not struggling.
A lot of one property owner landlords are not their by choice.
If you're an accidental landlord - and it's really an accident - would you not sell?
'accidental', landlords can adjust get a job the very same as their tenants
Omg... why didn't they think of that.
Honestly don’t agree white the price but that’s far from a kip
Ah if their not willing to put the rent towards maintaining they can fuck off. I saw some really pricey ones over lockdown 4 penned by the same lady. Pushed me off every time I met her at a new house. But she was lively and maintained her properties. She had set each house at different rates (to do with the age and area, bedroom type whatever) but each house was set up so the tenant had their own bathroom big enough sleeping areas (most bedrooms were big) and it just honestly made me admire the decency after renting in this country for 12 years. And in no way am I best housemate 😅
When It was viewed it looked terrible kitchen is the only decent place the bedrooms were shocking
Doesn't look like a kip to me but definitely too expensive.
It was viewed very different to pics in real life
What the actual fuck is going on here!
Clearly the cyclist falt..
Always the cyclist's fault.
What do u mean ??
I meant in relation to the rent of the accomodation you posted.
Exactly country is gone to the dogs
Pur and utter greed that's all
You can sing that again absolute cheek of them to be preying on poor students who are already struggling enough with this housing crisis
They do not owe you anything.
Is there a number?
Number to call ??
No but an email ya want it?
Kitchen looks decent if im honest
Not in real life
Friend of mine used to live in that house and it's far from a kip. Much nicer than most of the places I was as a student. Kitchen and main bathroom were nice and a proper sitting room.
Though they have raised the rent 200 euro per room since 2019/2020. Insane money but they'll probably get desperate tenants who are happy to pay it.
I’m trying to find a place in Galway for work since I start on Monday, and the earliest bus possible from connemara runs late usually because of traffic every morning, so seeing these prices on daft just hurt my soul. Literally the only option I’ve got is staying in a hostel during the week. It’s depressing
And we complained about the English landlords when they ran things? Irish landlords are just as greedy and harsh
That's bullshit dude.. landlord is a greedy
Also it’s a serious annoyance but I found as a student landlords usually think parents are paying. Still absolutely shit. Especially when I was paying my way through college and fortunate to be living off grants. But I always found cheaper gafs when I looked outside of student lettings
One guy had a great offer of 1,250 p/month and have to pay three months in advance for a house with a family with 2 kids. Worst thing is that the offer came from someone i talked to regularly.
Someone’s gotta pay for the new Range Rover
Careful, Mods don't like these posts. One wonder's why 🤔
I don’t quite catch your drift. Actually wondering what you mean!
That user was posting about 3 of these a week and the mods eventually told him to cut it out
Funnily enough his last post broke the rules of the sub (posting a registration plate violates rule 3) and the mods have allowed it but that doesn't seem to have made him any less salty about the whole thing
Edit: As for the "One wonder's why 🤔" bit he always does that. He blamed the housing crisis on sex workers before and then claimed everyone who disagreed with him was only doing so because they rely on sex workers to get the ride. Just one of those kinds of people.
Edit 2: "oh look someone criticised me talking about mods, must be a mod" literally the exact thing i said you do. Nobody ever has a valid reason to disagree with you it's always an evil conspiracy. Cheers for the block, will save me seeing your braindead shite, do me a favour and block me on the alt accounts you have too that all type how you type and post on your shite sub
Oooh. Wannabe mod here 😂..or I have a stalker 😬
Shut down these posts and pm you.
Along the lines, nobody's interested in these posts, so it's deleted.....ya right, keep posting folks
Hmm really suspicious 🤨
Not even a poxy headboard
Did you know that back in the day Galway city was one of the most staunchly pro ascendancy towns in 1916? Who’d have thought.
I'd rather be in Los Angeles or New York
What’s the problem really? Don’t like don’t rent it, quit being a moaning bag.
Is this the landlord ?? 🤣
The amount of losers living with parents and blaming the government for their own failure is incredible, go put your name down the house list bud, one day you get one hopefully
Exactly..they think they should be able to rent an apartment that they've seen on Friends for a couple of hundred a month so they can smoke Old Holborn and drink Fosters and post in Reddit about how unfair everything is.
How does that landlord boot taste?
Are you for real
Do you work for free???
From the two photos the house certainly is neither a kip or a dump.
too expensive alright but it does look clean tho, far away from a kip
What!? I've actually visited that property two weeks ago. We were suposed to be 2 couples (in double rooms) me (the other double) and a guy for the single. The lady said she will tell us something but she never came back with any news
A massive problem here is that ~€1,750 of that €3,500 is going to the government in income tax, PRSI, USC & property tax if the owner is an individual rather than a company
The amount of tax the government takes from rent is bananas
That’s been the case for over 10 years now so thats no excuse for taking advantage of students now. The real value is in the asset (house) that is going up in value by 10s of thousands every years. Any return from the rent is just a bonus.
However long the tax regime has been in place - it’s important to note that it isn’t as simple as a house owner “charging” €3,500 a month for the house - (if the owner is an individual rather than a limited company) the government are also “charging” 40% of the profit from that €3,500 in income tax, 4% of it in PRSI, 8% of it in USC, property tax on top of all that… well over 50% which is just nuts (or not nuts depending on your point of view, some would argue it’s a valuable benefit to society in terms of money for hospitals, schools, universities, etc)
If the owner bought the house in 2007 for example, selling values are only now, 15 years later reaching what purchase prices were - it isn’t as straight forward as buy house = tens of thousands of profit a year, every year, indefinitely
Also remember any appreciation in the value of the house they may have experienced is also going to the government first in the event of a sale - 30% capital gains tax makes selling properties that have appreciated unattractive to owners, further restricting supply
Interest rates on debt are now starting to increase from decades of historic lows - that is probably not going to make mortgage repayments cheaper
Look it’s a system that favours the wealthy and should be taxed as such. I’d love to see an actual figures looking into ownership of buy to lets. Lots of people sold after the crash because they had to and Cash buyers snapped up bargains. Banks have not been lending for buy to let’s since the crash, rates were over 6%, needed 30% deposit and needed to show repayment capacity outside of rental income and there was a general reluctance for the general public to get into property anyway. Most landlords do not have mortgages so that is a myth being put out there. I acknowledge people got burnt by buying before the crash and there isn’t a massive return annually for most but landlords aren’t badly off (their personal wealth is growing) Personal I don’t think mom and pop landlords should be encouraged, they compete with PDH buyers and it’s open to abuse. I’m not for forcing landlords out but I don’t think it should be too attractive. As someone who rented in Dublin for years I found professional corporate landlords much better to deal with than individuals. We are in a housing crisis, I get your point that the tax is very high but in my opinion now is not the time to change that.
Institutions will always get their pound of flesh before individuals though - government, bank, and university will all get paid before an individual home owner
As well as the massive tax burden on Rent the government deducts - surely another big part of the problem for students seeking accommodation must be the sheer volume of students now - how much have university admission numbers increased over the last 10,15, 20 years?
There must be literally hundreds of new "degrees" that have gradually popped up out there, with very questionable (if existent) job prospects designed to entice more & more students into third level education - universities make *a lot* of money from students and are incentivised to maximise student volumes...
When you combine that increase in supply of students/demand for accommodation with penal taxation systems that reduce supply of accommodation you have a big problem
In a situation where the owner has zero mortgage on that €3,500 a month house (that surely won't be the majority situation, but even still), the income is then pretty much 100% profit and therefore 100% taxable which as we said earlier means the property is generating €1,800+ per month for the Irish revenue authority (hospitals, doctors, nurses, garda, schools, teachers, universities, civil servants, etc) and maybe €1,700 for the owner
€1,700 obviously isn't to be sniffed at - but it's a theoretical 0% mortgage scenario we've speculated at for a start - and is still a very different set of optics to €3,500 going into the owners pocket each month... nearly €2,000 different...
And it just doesn't attract the same energy as the almost €2k per month the owner would be paying in tax to the government, the killing the University will be making off each registered student head, the interest the banks will take on each & every mortgage etc. etc
Doesn’t make it right but it looks like it’s €3500 for the entire house? €875 per room. Which sounds about right these days.
That's 200e over the current galway standard if not more
Still not the €3500 per room which was the original statement. I’m not agreeing with it, we are in the middle of a housing crisis. It’s a complete rip off.
Don’t rent it then… it’ll probably be on the market for months if not indefinitely if it’s over priced
I hate when people judge landlords for this shit. Landlords are just playing the game. If you think that if it was your tenancy you'd be a good little angel and look out for the people, you're fucking delusional. Yeah it's overpriced, but the landlords gonna get a good touch for this property and they know it. That defines what the property is worth as far as the landlord is concerned. Have some perspective.