Meanwhile in China....

Generali

purch wrote: »

Doncha just love these threads when everyone is Googling like mad to try and find factoids to argue over, on subjects they didn't even know existed 5 minutes ago, and that nobody else cares about.

Such a good use of valuable time.:T

Mostly to try to disprove something that everyone agrees happened!

If you type 'irish housing' into Google it suggest you look for 'bubble' and 'collapse'.

purch

The only Google I know was invented by Bernard Bosanquet.

antrobus

cells wrote: »

oh dear antobus if only you had read the cencus document it was based on you would have seen that ireland seems to have had ~10% empty homes for at least 20+ years its a long term feature and not much at all to do with the building boom of 2000-2010...

So having spent most of this thread so far claiming that the numbers on vacant properties in Ireland must be wrong, now you think they are right?

Progress. (Of sorts.:))

cells

antrobus wrote: »

So having spent most of this thread so far claiming that the numbers on vacant properties in Ireland must be wrong, now you think they are right?

Progress. (Of sorts.:))

yes it seems ireland does have a lot of empty homes according to their census data and its been the same for 20+ years so your one and only argument for a bubble leading to a building boom is now debunked. not that you could even come to that conclusion when every other data point was suggesting what Ive been saying, no buble just a catchup phase

anyway I would suggest now that the census data is wrong or there is a very odd cultural thing at play because clearly in the year 2000 there was a massive shortgage of homes in ireland hence the massive building boom of 2000-2010 yet even in 2000 there was about 10% empty

Most likely I think the census data is wrong (that is that people have not been so truthful when filling it out). Maybe for tax reasons?

cells

Generali wrote: »

Mostly to try to disprove something that everyone agrees happened!

If you type 'irish housing' into Google it suggest you look for 'bubble' and 'collapse'.

and if you type "the moon landings were" you get as the top result...faked. conclusive evidence

earlier on this thread you suggested I was looking for info to fit my views, a confirmation bias....guess whos doing that?

cells

Anyway In conclusion.


Homes in Ireland are on average more expensive today than they are in Germany/France/UK

Ireland had 40 years where they build almost zero homes a year. They then went on a catchup phase which looked to many people as a building bubble but it was just trying to put right 40 years of no house building

Today (and in every year since the recession) Ireland continues to build more homes per capita than the UK

The empty homes argument, based on census data, is highly misunderstood. Ireland has had ~10% empty homes according to the census for over 20+ years. Its a long term feature not the result of recent assumed overbuilding

antrobus

cells wrote: »

yes it seems ireland does have a lot of empty homes according to their census data and its been the same for 20+ years so your one and only argument for a bubble leading to a building boom is now debunked. ....

Straw man fallacy; I have not made that argument.

cells wrote: »

...not that you could even come to that conclusion when every other data point was suggesting what Ive been saying, no buble just a catchup phase...

Straw man fallacy; I have not come to that conclusion.

cells wrote: »

..anyway I would suggest now that the census data is wrong or there is a very odd cultural thing at play because clearly in the year 2000 there was a massive shortgage of homes in ireland hence the massive building boom of 2000-2010 yet even in 2000 there was about 10% empty

Most likely I think the census data is wrong (that is that people have not been so truthful when filling it out). Maybe for tax reasons?

Back to square one then. Incovenient facts that do not fit your theory are simply being dismissed.

cells

Ok you are correct. can you post a few more bbc articles showing an empty estate I need to reprogram my mind

Generali

cells wrote: »

and if you type "the moon landings were" you get as the top result...faked. conclusive evidence

earlier on this thread you suggested I was looking for info to fit my views, a confirmation bias....guess whos doing that?

I give up. If you have decided to think that there was no bubble in Irish housing then suit yourself.

Every economist I have ever read disagrees with you. That either makes you wrong or ahead of the curve.

cells

Generali wrote: »

I give up. If you have decided to think that there was no bubble in Irish housing then suit yourself.

Every economist I have ever read disagrees with you. That either makes you wrong or ahead of the curve.

There clearly was a building boom 'bubble' in the sense that per capita the irish built a huge quality of homes per capita during 2000-2008 it was quite spectacular

That is probably what the economist are looking at to determine that it was a 'bubble' because the Irish built so much more than anyone else it must be a bubble..... But that is only one layer thick data and analysis. Dig deeper and you find that for 40 years the Irish built almost ZERO homes and that even today after the building boom Ireland has fewer homes per capita than France or Germany and onky a little more than the UK.

But what should convince you is the fact that they are still building homes and last year and this year look to be building a good deal more new homes per capita than the UK