Move from apartments to housebuilding at center of builder’s housing crisis plan – Meczyki Times

A 58-page report presented to Housing Minister Darg O’Brien on compact growth design standards cites “focus groups” that say the rear of gardens is often “dead space” or “underutilized”. Done”.

Glenveagh Properties, one of the state’s biggest housebuilders, is proposing to reduce the current standards of 60sqm garden for a typical three-bedroom house to 40sqm. But it is also arguing that the 40 square meter standard should be extended to all new-build homes outside dense urban areas.

Under the proposals, this would mean an increase in private outdoor space for smaller homes for single residents, couples and retirees.

Under current standards, one-bed apartments must offer just 5sqm – usually a balcony or terrace, two-bed apartments 7sqm, three-beds 9sqm, while two-bed houses must have a garden of 55sqm.

Apart from city centres—Glen Wyagh has argued for a “100 per cent on your doorstep” housing development scheme for adults, young couples, families and older couples – “from first-time buyers to downsizers”. Is.

The company says there is no demand for apartments outside Dublin’s M50 and limited demand within the capital’s busiest ring road.

Critically, he argues that allowing homebuilders to move away from apartments would make new developments much more economically viable, and, in turn, make housing more affordable for different generations.

The company told the minister that the apartments currently cost about €450,000 to build, compared to €300,000 for a house. This means that those who buy houses see prices rise for “subordinate” apartment owners.

According to Glenveigh, apartments are an “unwanted product, consumers don’t want them” so developers have to lower the price by shifting their costs to houses to sell them.

“There is still a need for apartment accommodation in town centres,” Glenveagh chief executive Stephen Garvey told The Meczyki Times.

“But when you look at suburban housing, or, say, some of the bigger towns outside of Dublin city – an apartment that costs €450,000 in one of those towns, who’s going to buy it and who’s going to buy it?” Can afford it? It doesn’t make sense. The media keeps saying that the land is the problem. [in the State’s housing crisis]. But we have 15,000 plots of land under our control and the average price of a plot is lower than what many people think – about 10% of its gross selling price. [housing] Unit In some circumstances, the value of the land may be only 5 percent,” he said.

“It’s not the cost of land, it’s the cost of apartments when we can build houses – that’s the main issue.”

Planning policy

This is exacerbated by the policy favoring “unviable” apartments, he added. “The best way to solve the housing crisis is to change this aspect of planning policy.”

“The more supplies we can bring in, that are viable and affordable, the closer we will be to solving this crisis.”

Mr Garvey admitted his plan, drawn up after looking at international comparisons of building standards, particularly in the UK, was “not a complete solution” but said “if adopted, we would be here I think if these changes were made in the past, we could have completed 30,000 units a year earlier. It would have been a much better scenario for renters and home buyers because they would have lower rents and more affordability. Could take advantage of the purchase price.

Sinn Féin housing spokesman Eoin Ó Broin said the government “needs to be very careful about allowing the industry to set the terms of policy making” but added it needed to listen to other experts and Glenn. Some of Weig’s suggestions are “interesting, and some are well-established” design principles.

“They are right in saying that the current model is not viable,” he said.

But that doesn’t mean there isn’t a better way to deliver apartments. All over Europe there are nice apartment complexes ranging from four to 13 floors.

“We have resigned ourselves to an old-fashioned way of doing apartments which is very expensive. But there are developers who are doing medium-sized apartment blocks, which are able to cope at around €300,000 per unit. . There is more than one solution.”