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Limerick meeting to force action on housing crisis

first_imgNewsLocal NewsLimerick meeting to force action on housing crisisBy Alan Jacques – October 29, 2015 1168 Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Vanishing Ireland podcast documenting interviews with people over 70’s, looking for volunteers to share their stories Limerick Ladies National Football League opener to be streamed live Linkedin Twitter Email WhatsApp Facebook Advertisementcenter_img Previous articleSpooktacular CompetitionNext articleOpinions divided over abortion pill bus Alan Jacqueshttp://www.limerickpost.ie Limerick’s National Camogie League double header to be streamed live by Alan [email protected] up for the weekly Limerick Post newsletter Sign Up RENTS in Limerick are going through the roof. The housing waiting list is getting longer. And less social houses are being built, it has been claimed.A meeting will take place in Pery’s Hotel this Thursday, October 29, at 8pm to address the housing crisis and these specific issues.A teenage boy whose family was recently homeless while he was doing his Leaving Cert will speak openly about his own experiences. Jackie Bonfield of Mid West Simon Community and the Anti Austerity Alliance’s general election candidate for Limerick City, Cllr Cian Prendiville, will also speak at this free event.Cllr Prendiville feels those suffering the most from the housing crisis are being ignored. However, he believes, the water charges movement is proof that by standing together, the Government can be forced to take notice.“Rents in Limerick are going through the roof, as the housing waiting list gets longer and longer. Despite a lot of hot air, the Government still refuses to take real action on housing. They have built less social houses than any government for 45 years,” said Cllr Prendiville.“The Government has allowed the market to hold back the supply of homes and push up the prices. While over 5,000 families are on the housing list in Limerick, so far this year only 10 social houses have been built,” he added.This, the City North representative maintains, has given landlords a golden opportunity to drive up rents, while the Government refuse to implement rent controls.“With one quarter of the TDs in the Dail landlords themselves, is it any wonder?” he asked.According to Cllr Prendiville, Thursday night’s meeting is hoped to be the launch of a campaign to demand immediate action on the housing and rent crisis.“The AAA have helped coordinate protests and occupations of vacant and NAMA properties, to demand real action. We want to build a similar campaign here in Limerick to demand rent controls, and the right to a home for all,” he concluded. Print WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Predictions on the future of learning discussed at Limerick Lifelong Learning Festival TAGSAnti Austerity AllianceCllr Cian PrendivilleHousinglimerickMid West Simon CommunityNAMAPery’s Hotel RELATED ARTICLESMORE FROM AUTHORlast_img read more

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Brisbane rentals: the suburbs with above average returns

first_imgMelannie McKeough at the investment unit she is selling atWynnum West. Picture: Peter WallisBRISBANE has become even more enticing for investors with new figures revelling it has some of the best rental returns in Australia.Brisbane’s average rental yield for houses is 4.1 per cent and for units 5.2 per cent — the highest levels in mainland Australia and second only to Hobart.The relative affordability of some of Brisbane’s suburbs has allowed investors to achieve solid returns with many suburbs achieving results much higher than the Brisbane average.There are 186 suburbs in the Greater Brisbane area where investors are achieving a better rental return than the average for houses and 92 suburbs where the return is better for units.Landlords in Thornlands in the Redlands achieved the strongest results with the latest CoreLogic figures revealing a 14 per cent indicative gross rental yield for units.In the house market Dinmore at Ipswich with a median house price of just $246,000 was leading the charge.Among the strong performers in the unit and townhouse market was Wynnum West with a yield of 6.1 per cent and strong rental demand.Melannie McKeough bought her townhouse at Wynnum West more than six years ago, originally as an owner occupier, but has rented it out as an investment for the past three years.Mrs McKeough said during that time she had achieved good rental rates and didn’t have any long periods of vacancy.More from newsMould, age, not enough to stop 17 bidders fighting for this home1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor7 hours agoThornlands is delivering high gross rental yields for investors.“It was only vacant for a short period when I was doing a little refresh,’’ she said.Ms McKeough is pregnant so has decided to list the townhouse for sale so she and her husband, Anthony, can find something more suitable for a family.Scott Auer of Ray White Tingalpa wasn’t surprised that Wynnum West achieved a rental yield higher than the Brisbane average.He said there was a strong investment market in the Wynnum West area.“Your typical townhouse price is in the early to mid $300,000s for a three-bedder and the rents you are getting are in the late $300s and depending on how nice it is, maybe in the early $400s.’’Mr Auer said vacancy rates were generally pretty low in the area and that Wynnum West was close to major employment areas including the Australia Trade Coast.CoreLogic analyst Tim Lawless said from a national perspective rental markets remained soft with yields in many areas slipping to record lows.This was particularly the case in Sydney where property prices continued to increase but rents had not kept pace.last_img read more

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Gold Coast automotive boss Wade von Bibra and his family have designed the perfect family home

first_img49 Cabana Boulevard, Benowa Waters.“My favourite part about the home is how interconnected all the spaces are, there’s a sense of convenience about each space. “It’s a light and bright home and it lets in a lot of sunshine. The botanic gardens are also located down the street.” 49 Cabana Boulevard, Benowa Waters.“It was a very tired looking home when we found it and it belonged to an elderly man but it was in a great location and had a great feel about it when we stepped inside,” Mr von Bibra said. “We decided to put a lot of effort into it to bring it back to life.“There were trees blocking the view and it had an 80s style.” More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North7 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago 49 Cabana Boulevard, Benowa Waters.With magazine-style spaces Mr von Bibra said his wife was responsible for the design.“She loves interior design and she’s done a good job of making it family friendly for our four little ones,” he said. 49 Cabana Boulevard, Benowa Waters.GOLD Coast automotive identity Wade von Bibra and his wife Caroline are selling their stylish Benowa Waters home.Set on 902 sqm waterfront block, the von Bibra family spent more than $300,000 on redesigning the home after they bought it in 2015. center_img 49 Cabana Blvd, Benowa Waters.The four-bedroom home now has open-plan living and a seamless flow to the poolside entertaining terrace that captures wide water and skyline views. Stylish wallpaper and pedant lighting combines to create a modern design. 49 Cabana Boulevard, Benowa Waters.The property is close to Benowa Gardens Shopping Centre, schools and parks.last_img read more

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