Funny how the locals pay for all of the upkeep or historical sites, and I get to see it for free or nearly free.
We also have a lot of voters for whom rising house prices are a good thing. Homeownership rates in Ireland are high compared to the rest of Europe and plenty of people were underwater from the mid-2000's until recently.
Dublin needs to get rid of height maximums in the core of the city, build a transport network not suited to the 1950's (it's shockingly car-dependent and sprawling for Europe), and maybe not trap every project in planning hell. It suffers more generally from a labrynthine complex web of agencies and politicians - how can a city this small have sixty-freakin-three councilors? We're only 1.2 million people. And yet we wind up with things like the city council drawing up plans for a bus lane without realizing someone's already got permission to put an apartment building on the same land. https://www.dublininquirer.com/2015/06/30/for-favoured-liffe...
Of course, our agency tasked with bringing in foreign investment is just pretending none of this is a problem https://www.independent.ie/business/irish/ida-chief-denies-c...
Those reading this - keep in mind that yeah, it's cheaper than SF, but wages are substantially lower too.
I actually really like Dublin, and I am grateful to the Dubs for making me feel welcome (I'm from California) but I got INCREDIBLY lucky moving here in 2013 and walking in to a flat (the economy was on its knees then). I am aware that as a tech worker who lives in a prime spot in Dublin with rent control I am part of the problem. However, I'm also moving to the midlands in a few months, so that should free up at least one flat.
There needs to be regulation that makes it easier for the tenant to also be the owner.
Maybe i wasn't clear, but my point was that when renting is the most common way of living, it is not healthy for society.
Ownership promotes community and responsibility. Renting is parasitic and enables social stratification in to elites and tenants.
Prices are inflated and are used as investments rather than housing. This is where the government needs to add regulation to prevent exploitation of the market.
Germany (with it's sane housing cost growth) would disagree with that.
> Renting is parasitic and enables social stratification in to elites and tenants.
Not really. Renting provides accommodation mobility. Done correctly, it can be liberating & very valuable for state, renter & landlord.
Housing is scarce, always has been. The prices are not "inflated", they are merely a symptom of the underlying reality which is that there's only so much housing to go around and given the option of making money (renting) and making a lot more money (airbnb), landlords will obviously choose the latter. My guess is a majority of these so called landlords are of modest means and would be harmed significantly by overbearing rent control programs. The only sensible solution to this problem is to enact policies that encourage developers to build (increased supply will lower rent costs) or enact policies that somehow limit the number of tourists coming to Dublin (doesn't seem reasonable or desirable). Any attempt to artifically manipulate the price of housing up or down via regulation will at worst, end in disaster or exacerbate the current crisis.