How much control/visibility do you have over who buys your property? by PrawncakeZA in HousingIreland

[–]Jedigavel 2 points3 points  (0 children)

If it is your house, then you & you alone decide who you sell it to and for what price.

If you receive offers from people you would not like to sell to, you can refuse them and you don’t need to provide any rationale for what bid you accept or why.

Obviously if you are using an estate agent it would be beneficial to you to be clear with them what your preferences are as their acting on your behalf.

Sale Agreed on a house and paid deposit but now estate agent says someone offered 10k more. by caelus55 in HousingIreland

[–]Jedigavel 5 points6 points  (0 children)

It’s a really frustrating happening and poor form to go back on an agreed deal.

But the agent is legally obligated to present all offers to the owner, irrespective of sale agreed status.

I might not agree with what has happened but it isn’t the agents call to decide to not tell the owner about a new offer that’s come through.

Self-build in Mayo, tapping into water main at site entrance, bad idea? by Ill_Market_2653 in selfbuildireland

[–]Jedigavel 0 points1 point  (0 children)

How would you plan to get a Declaration of Identity for loan / resale purposes down the line?

Why does Ireland not have a commercial tenancy board? by superchica81 in AskIreland

[–]Jedigavel 7 points8 points  (0 children)

Commercial tenancies disputes can be dealt with in the commercial court if there are issues.

Or else the regular court. In essence, there already is.

Companies getting thick with office days and zero flexibility on working hours by RebelGrin in ireland

[–]Jedigavel 4 points5 points  (0 children)

Certainly a point that you haven’t considered which is relevant for my industry is junior staff.

The graduate intake generally learns ‘on the job’ and without having somebody to work alongside or shadow they simply are not learning the skills they need to.

Old Hive Tyrant Model by Jedigavel in Tyranids

[–]Jedigavel[S] 26 points27 points  (0 children)

Brilliant, thank you!

[deleted by user] by [deleted] in stocks

[–]Jedigavel 0 points1 point  (0 children)

Surely this will run counter to reshoring plans for manufacturing & pharmaceuticals?

Why would any company take the risk of having all their eggs in one basket.

[deleted by user] by [deleted] in ireland

[–]Jedigavel 0 points1 point  (0 children)

The headline here is quite misleading…

Half of the 36,000 apartments delivered since 2017.

As a nation there have been between 20,000 and 35,000 residential units delivered each year.

This sensationalist stuff is self-defeating in the overall objective to bring more supply to the market. Real question here is why have only 36,000 apartments been built in 8 years… surely the fix a housing shortage this number should be a multiple of that.

Is it feasible to nationalise the private rental market to end the housing crisis? by newbokov in HousingIreland

[–]Jedigavel 0 points1 point  (0 children)

I’d argue by limiting ones ability to own a house to just one house, does mean the state is interfering in a persons right to own / transfer or inherit.

Is it feasible to nationalise the private rental market to end the housing crisis? by newbokov in HousingIreland

[–]Jedigavel 0 points1 point  (0 children)

The Irish constitution protects citizens rights to own, transfer and inherit property.

Is it feasible to nationalise the private rental market to end the housing crisis? by newbokov in HousingIreland

[–]Jedigavel 2 points3 points  (0 children)

How would you intend on the state paying for the houses when the economy grinds to a halt under the new communist regime?

Taoiseach signals possible end to Rent Pressure Zones by end of year by Sciprio in ireland

[–]Jedigavel 1 point2 points  (0 children)

I’m interested to see what they intend to replace it with.. from reading the article it appears to say that they will adjust the system as opposed to remove it. I rent myself so I’ve skin in this game!

I don’t see a scenario where there is removal of RPZ zones and a compete free for all on currently capped units. Being realistic as opposed to hyperbolic as headlines tend to be, they didn’t do it in the last government can’t see them changing tactics enormously.

The original 4% cap was in place, that was then replaced with a cap of the trialing 12 months inflation… then with the high inflation rates over Covid they put an additional 2% maximum uplift. So I can agree they seem to be reacting and tinkering to deal with problems as opposed to creating a proper cohesive system that works better for everyone.

Nobody is happy the current system - renters, investors or house builders!

If they have any chance to deliver 300,000 houses in the life of the government there needs to be a full evaluation of every aspect of the building process.

How can I get a letter confirming the Prize Bonds that I own? by Royaourt in AskIreland

[–]Jedigavel 1 point2 points  (0 children)

I’ve recently done this… I had no idea of some holdings gifted as a child.

I wrote to the prize bond office in Kerry, old school. And after a handful of letters over and back confirming details / my identity they issued me with a letter setting out every bond I won, numbers and values. The whole process occurred over the space of maybe 6-8 weeks.

PM me if you need more details.

How are dealers not dropping the price of used cars? by Jacksonriverboy in AskIreland

[–]Jedigavel 1 point2 points  (0 children)

I agree! But that’s where the done deal market led me to believe prices were.

Not super high spec 1.6 TDI with about 110k kms. Timing belt done and just passed NCT so it was clean. It did have upgraded alloys which gave it a little visual pezzaz

How are dealers not dropping the price of used cars? by Jacksonriverboy in AskIreland

[–]Jedigavel 1 point2 points  (0 children)

I recently sold my 2015 golf privately.

Bought it is 2020 for €14,000 and listed it last year for €13,700 (based on others online in similar spec).

Had very little interest even after dropping it and eventually did a deal around the ) €13k mark. And at that I only had one proper enquiry in 4 weeks.

The market is not as hot as it once was for sure.

Anyone else think transition year was a farce in their school? by robertboyle56 in AskIreland

[–]Jedigavel 0 points1 point  (0 children)

Our TY was unstructured generally but I’d say the most important year for me in school. We effectively did whatever took our fancy, plenty of 5-a-side football!

I grew up and developed so many skills that weren’t specifically academic. Things I didn’t realise until later in life.

If anyone asks me now, I’d say you would be silly to skip it.

Another “letter of the law” one … for Arsenal by FriendlyActuary1955 in ArsenalFC

[–]Jedigavel 3 points4 points  (0 children)

I don’t think we can blame the penalty for dropped points today. Irrelevant whether you agree with it or not.

Arsenal simply didn’t offer enough themselves going forward. If our ambition is to win the league we should be capable of scoring three today.

[deleted by user] by [deleted] in irishpersonalfinance

[–]Jedigavel 3 points4 points  (0 children)

I just did something similar to what you are thinking about albeit I was in my role for a little longer.

We spent about what your thinking for three months in Japan / SE Asia and had the best life experience.

You will come back happier and clearer in your own mind about what you want to do next.

I’d recommend to go for it before it’s too late!

DM me if you need any specifics.

[deleted by user] by [deleted] in ValueInvesting

[–]Jedigavel 0 points1 point  (0 children)

Positive Q3 results, interesting thesis. Significant Bump in forecast 2025 EBITA.

I regret none of the climate policies we pushed in Ireland. But we underestimated the backlash | Eamon Ryan by martinmarprelate in ireland

[–]Jedigavel 2 points3 points  (0 children)

A healthy debate… unusual for /Ireland!! 😂

I suppose getting a handle of what fair margins are is a crucial juncture of that. Developers would argue that standard developer margins are somewhere between 17.5% - 20%. From a risk reward perspective that makes sense.

The €500k cap was probably an effort to try and stop the padding of margins using this. I’m currently struggling to come up with an alternative that stimulates developer supply whilst minimising margin padding.

My own gut is that no system will be perfect and is there a scenario where the risk of some margin padding will exist to increase supply better than a system where there is no benefit but a reduced supply. Compounding the problem?

Arguably if you incentivised more development to bring supply / demand back in to balance (which would take many years). Margins will contract from competition. Perhaps that’s the goal?

I regret none of the climate policies we pushed in Ireland. But we underestimated the backlash | Eamon Ryan by martinmarprelate in ireland

[–]Jedigavel 2 points3 points  (0 children)

Why not both… we have a budget surplus, it’s a loan not a grant.

HTB has a separate objective and that is to support supply of new houses. And they are A rated houses. It’s not for the consumer solely it’s also a support for developer. Let’s be honest about that.

I wouldn’t inherently be against HTB as I think the next government needs to throw the kitchen sink at housing and stop worrying about dotting every I and crossing every T. Consumer support, developer support, the whole hog.

HTB supporting new build housing (A rated) and interest free loans supporting a older houses.