Housing | Business Post

New vacant home tax to come into force next year

Finance Minister Paschal Donohoe confirmed the tax would be introduced in Budget 2023 after Revenue identified 57,000 vacant homes

One-third of people aged 35-44 will not own a home by the time they retire, new research says

Only half of those aged 25-34 will ever own a home in the future, according to research published by the ESRI

‘A nightmare’ as grant-aided retrofit project at family’s home remains unfinished

No new company is appointed after authority ends scheme with contractor in dispute while Conry family are now out of their Westmeath home for almost two years

Only two hours allotted to debate on €3.65bn mica blocks bill

Members of the Oireachtas housing committee had called on the government to allow a full hearing next week to debate a list of 80 amendments to the controversial legislation, but none has been scheduled

Living with mica: ‘It’s bulls**t about this being a full 100% redress grant, it’s just insulting’

Owners of crumbling homes say they cannot afford the repairs on their unsafe, leaking properties — and the government’s redress scheme designed to end the mica crisis is instead prolonging the trauma

Construction inflation risks scuppering social housing projects, expert group warns

Irish Council for Social Housing tells Oireachtas committee that approved housing bodies are finding it harder to secure sufficient levels of professional indemnity when obtaining loans

Experts raised questions over ‘ambitious’ €450m subsidised homes plan

Records reveal that property industry and banking sector lobbyists at a ‘stakeholder engagement meeting’ questioned the Croí Cónaithe scheme’s ‘ambitious’ timeline and raised concerns about overall demand for apartments

Developer rails against ‘diabolical’ process as Coolock housing plan is rejected

Having rezoned the former Chivers factory site from commercial to residential, developer Andrew Gillick wanted to build 550 affordable units for ‘normal people’. But then began a long and ill-fated email exchange with the Land Development Agency

Matt Cooper: Deluge of Saudi cash threatens to wash out Europe’s flagship golf events

This week’s Horizon Irish Open in Mount Juliet has a prize fund of €6m, and will be fighting for TV viewers against LIV’s $25m exhibition in Portland

‘Majority of homes damaged by defective blocks need to be knocked down’

Expert on concrete technology says if there are cracks in the walls ‘and at the same time you have internal sulphates discovered . . . you don’t have an option – you have to demolish’

State’s plan to take money won in mica legal actions is ‘probably unconstitutional’, law firm warns

Coleman Legal has urged the government to ‘immediately’ withdraw a provision that means the state will take over legal actions taken by homeowners if they’re signed up to its redress scheme

Faulty blocks scheme ‘inflexible, cynical, illogical and blinkered’, mica campaigners claim

Homeowners told the housing committee the scheme will in reality be closer to an 80 per cent grant than the 100 per cent redress promised by the government

‘Significant’ slowdown in house prices to come over next nine months

Increase in interest rates combined with overvaluation during pandemic will reduce growth rate of prices, according to head of the ESRI’s economics unit

Mica homeowners will not be able to take legal action if they sign up to state’s redress scheme

The clause, contained in the general scheme of the mica bill, is likely to impact hundreds of homeowners who have signed up to a legal action

Taoiseach rules out monthly measures to tackle cost of living

Worst of the crisis could yet lie ahead as the impact of energy inflation hits households over the winter, Micheál Martin warns

Dan O’Brien: What if we asked multinationals to add to the national housing stock?

The multinational sector, which is high-wage and high-value added, is another source of accommodation demand so asking multinationals who seek permits to add to the housing stock is not an unreasonable request

Numbers buying homes in capital surges 55 per cent, says DNG

Estate agent tells Dublin property owners that it’s a seller’s market and that premium prices are being achieved as lack of supply continues

Housing plans at risk as cost of building materials continue to soar, Central Bank warns

The regulator says mismatch between the demand and supply of homes is pushing prices to new highs, while rents are increasing at fastest rate in six years

Property funds bulk buy 350 homes despite ‘Mullen Park’ stamp duty levy

Figures show that the funds have spent over €100 million since the government attempted to limit the practice

Lucinda Creighton: Higgins’s railing on policy issues is as predictable as it is inappropriate

His narrow constitutional role has never stopped Michael D Higgins from championing a jaded and dangerous Marxist ideology and attacking Ireland’s open, liberal economic model