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Russian president Vladimir Putin last week. AP/PA Images

Russians cast early votes in ballot that could extend Putin's rule until 2036

The reforms would reset Putin’s presidential term-limit to zero, allowing him to run two more times.

RUSSIANS GO TO the polls today to cast early votes in a nationwide ballot on constitutional reforms that could see President Vladimir Putin remain in power until 2036.

Election officials say they are opening polls ahead of the official 1 July vote to avoid overcrowding that could lead to the spread of Covid-19.

Masks and disinfectant gels are being made available to 110 million voters across 10 time zones in the country.

The Kremlin reluctantly postponed the vote scheduled for April 22 as Covid-19 infections increased and officials imposed restrictions to slow the pandemic.

Putin introduced the reforms to the 1993 constitution in January this year, and they were hastily adopted by both houses of parliament and regional lawmakers. 

He has insisted that Russians vote on the changes even though a referendum is not legally required, arguing that this vote would give them legitimacy. 

The Russian leader said last week he had not decided whether to seek another term after 2024, but that it was essential he have the option of extending his term. 

“Otherwise, I know that in two years, instead of working normally at all levels of the state, all eyes will be on the search for potential successors,” he said. “We must work and not look for successors.” 

Putin ’for life’  

Opposition campaigner Alexei Navalny has criticised the vote as a populist ploy designed to give Putin the right to be “president for life”.

“It is a violation of the Constitution, a coup,” he said this month on social media.

Among other changes, the reforms would reset Putin’s presidential term-limit clock to zero, allowing him to run two more times and potentially stay in the Kremlin until 2036.

Under current rules, 67-year-old Putin’s current term in the Kremlin would expire in 2024.

The opposition’s campaign against the reforms failed to gain momentum.

Rallies scheduled in the Russian capital in April were barred under virus restrictions against public gatherings.

The “No” website, which collected signatures of Russians opposed to the reforms, was blocked by a Moscow court, forcing it to relaunch under another domain name.

Senior political officials meanwhile have stressed the importance of giving Putin a chance to remain in power. 

Moscow Mayor Sergei Sobyanin described the reforms as necessary if the country wanted to “guarantee stability, remove uncertainty”. 

With the revised constitution already on sale in Moscow bookstores, the ballot is largely seen in Russia as a foregone conclusion.

Yet it comes as Putin is suffering historically low approval ratings over his handling of the coronavirus pandemic and the economy, including hugely unpopular changes to the pension system. 

Traditional values  

In May, the independent polling group Levada published findings from April that showed Putin’s approval ratings were at an all-time low of 59%.

But on top of resetting Putin’s term limits, the reforms would consolidate presidential powers by allowing him to nominate top judges and prosecutors, for approval by the upper house of parliament.

The reforms also enshrine economic changes that guarantee the minimum wage will be no less than the minimum subsistence level while the state pension will be adjusted annually to inflation.

They include a mention of Russians’ “faith in God” despite a long history as a secular country, and a stipulation effectively banning gay marriage.

These principles are at the heart of the conservative and patriotic value system regularly touted by Putin.

The Kremlin hopes they will resonate with voters and attract a large turnout.

Ballot leaflets, posters, and billboards throughout the city do not mention Putin or the clause that would allow him to stay in power for more than a decade longer.

Instead the campaign centres around social imagery like a child kissing her grandmother under the slogan “For a guaranteed retirement”.

Another poster features a Russian family that wants to “safeguard family values”

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    Mute Conor
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    Jan 11th 2017, 6:03 PM

    Pointless exercise. Chap is a bullshit merchant.

    147
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    Mute Brian MacCarthaigh
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    Jan 11th 2017, 6:06 PM

    When’s he going to stop vulture funds raping our citizen’s???

    141
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    Mute Frank Cauldhame
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    Jan 11th 2017, 6:45 PM

    It won’t happen on Coveney’s watch, he’s a proven spoofer.

    71
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    Mute Tra Hughes
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    Jan 11th 2017, 6:20 PM

    Minister, according to the last census there are tens of thousands of empty/unused dwellings. Is there anything in place to make owners of such properties release same, make it a less attractive option.

    134
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    Mute Fred Johnson
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    Jan 11th 2017, 7:41 PM

    Yes there is. Make it much easier to evict tenants who aren’t bothering to pay their rent.

    56
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    Mute Tra Hughes
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    Jan 11th 2017, 7:47 PM

    Vacant dwellings don’t have tenants Fred.

    104
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    Mute john Appleseed
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    Jan 11th 2017, 8:26 PM

    Reduce capital gains tax. It’s just not worth selling for so many

    43
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    Mute Pat Patovic
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    Jan 12th 2017, 1:22 AM

    @Tra Hughes: Define “release”.

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    Mute Charlie Melia
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    Jan 12th 2017, 4:53 AM

    Freddy testicle brain above gave the best laugh of this ridiculously scripted interview / FG Party Political Broadcast

    13
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    Mute Charlie Melia
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    Jan 12th 2017, 4:57 AM

    @Tra Hughes: Easy to make them release. Any residential dwelling lying idle for over a year should be taxed at 3-5% of total value every year. Force them to sell or get a tenant. Similar to what is being done with commercial and land banks… There is also a derelict building law which means the Councils can take the houses over, already there for councils to use……

    14
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    Mute Pat Patovic
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    Jan 13th 2017, 12:12 AM

    @Charlie Melia: So you want this country to change to communist dictatorship with no regards to private rights or ownership.

    2
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    Mute tom
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    Jan 11th 2017, 6:36 PM

    Build aforable and social houses today. If developers aren’t interested then state should directly employ builders to build.

    109
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    Mute Coles
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    Jan 11th 2017, 7:19 PM

    Completely agree. That is the only solution.

    Builders will never build houses for people who can’t afford to buy them. It really is that simple.

    Coveney is trying to force up property values (by jacking up rents and yields) in order to release those in negative equity and encourage them to spend money due to the perceived wealth effect. This is a central part of their economic recovery plan. This ‘recovery’ is as false as the boom conditions it is trying to mimic. It’s worse still because there is no wall of credit available to maintain it if even for a few years.

    In order to force up prices the construction supply has been strangled, migration into the country has been ramped up, rural depopulation is enforced through lack of employment, and then he expects the working poor to save for deposits to but ‘affordable’ housing? It’s never going to happen and these policies need to be reversed immediately.

    72
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    Mute john Appleseed
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    Jan 11th 2017, 8:27 PM

    God no! Look at the mess Alan Kelly made. Reduce tax for builders building social housing. Try an incentive for private enterprises

    8
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    Mute Redcaff
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    Jan 11th 2017, 6:16 PM

    Why don’t the government or IDA give incentives to companies to allow some staff to work from home, but only if they move away from Dublin to a rural location (i.e. Where the person is actually from).

    This would free up housing stock while repopulating rural Ireland, keeping shops, pubs and even towns open.

    99
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    Mute PaulJ
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    Jan 11th 2017, 7:27 PM

    Do you realise how bad broadband is in most rural areas?

    47
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    Mute Linda Nolan
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    Jan 11th 2017, 6:11 PM

    When are they going to build?

    79
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    Mute Barnes
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    Jan 11th 2017, 7:04 PM

    How many Ministers and TD’s are landlords themselves?

    71
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    Mute Frank Cauldhame
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    Jan 11th 2017, 7:09 PM

    @Barnes:

    I think its 20%, according to a recent survey. 1 in 5.

    35
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    Mute Coles
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    Jan 11th 2017, 7:23 PM

    @Frank Cauldhame: That was an incomplete survey. The correct figure is in excess of 30%.

    http://www.irishexaminer.com/ireland/nearly-one-in-five-tds-are-landlords-registry-shows-399892.html

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    Mute Coles
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    Jan 11th 2017, 7:44 PM

    Also worth noting that when asked a number of TDs and Ministers have in the past failed to reveal that they were landlords (including Minister Simon Coveney).

    http://www.broadsheet.ie/2015/12/09/forget-something-2/

    49
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    Mute Frank Cauldhame
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    Jan 11th 2017, 8:02 PM

    @Coles:

    Thought it might be higher alright. Then when you add in the scene they move about in….

    19
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    Mute Charlie Melia
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    Jan 12th 2017, 4:07 AM

    @Barnes: As with their Cllr colleagues most property is either corruptly undeclared or transferred in their spouse name therefore hiding these assets from scrutiny. Here in Wicklow we have several Cllrs and at least one TD who have dones this hiding millions in assets from public declarations of interests and assets……

    5
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    Mute Ultan
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    Jan 11th 2017, 6:19 PM

    Will he the very least get these vulture funds to pay proper tax? Will he cap rent to reduce the profit these companies can make and maybe leave us alone? €2800 a month on rent is absolutely madness.

    68
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    Mute Science of beer
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    Jan 11th 2017, 6:23 PM

    Holey moley €2800 a month on rent. Where are you living?

    39
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    Mute Ro Brett
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    Jan 12th 2017, 8:52 AM

    @Science of beer: Anywhere in D1 to 12. Tho its generally closer to 1200 per room now than 1400.

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    Mute Adrian
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    Jan 11th 2017, 6:41 PM

    When is he going to resign? And none of this “I’m not a quitter guff”. The reality is he’s just not capable.

    64
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    Mute Frank Cauldhame
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    Jan 11th 2017, 6:48 PM

    @Adrian:

    Spot on. Look at the mess he left our fishing industry in.

    Plus as a landlord himself I’ve no trust in his motives with regard to this issue. He needs to go, not in a few months time as is the mantra of this government but now.

    65
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    Mute tom
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    Jan 12th 2017, 12:55 AM

    As a landlord with vested interest he should step aside

    11
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    Mute Coles
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    Jan 11th 2017, 6:23 PM

    Coveney said that the 4% rent increase rate was set “to give investors a decent return”

    Stop for a second and look at how headline rent relates to the rate of return on investment.

    If a landlord is currently making a ‘decent’ return on investment of 4% and then increases the headline rent by 4% per annum over 3 years the “decent return on investment” actually becomes in excess of 15%per annum.

    Don’t confuse the headline rent and the return on investment. Very different things. Coveney knows this and is deliberately misleading people in order to enrich landowners.

    58
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    Mute Coles
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    Jan 11th 2017, 6:32 PM

    Red thumbs? Why?

    Do the maths. It’s fairly simple.

    43
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    Mute Frank Cauldhame
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    Jan 11th 2017, 6:51 PM

    @Coles:

    The drones in the Mount St basement bunker are scrambling to red thumb every negative comment and it looks like they’re in for a busy night.

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    Mute Coles
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    Jan 11th 2017, 7:06 PM

    @Frank Cauldhame: Yeah, it was funny to watch. 10 immediate red thumbs on a point of fact that can’t even be disputed.

    34
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    Mute Kieran O'Sullivan
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    Jan 11th 2017, 7:42 PM

    @Coles.
    Your maths do not add up. If the yield is 4% and the rent goes up 4% a year for 3 years and the property value remains static. After the years the yield is 4.5% not 16%. And that assumes the Propery price does not increase.

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    Mute Coles
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    Jan 11th 2017, 7:54 PM

    Thanks Keiran, but let’s look at the figures.

    For ease of calculation let’s assume a rent of €1000 is giving a ‘decent rate of return of 4%’ and is clearing €40 profit on the investment per month.

    If that rent is increased by 4% in the first year the rent is now €1040. Because of 0% CPI the profit has now increased to €80 per month. The return on investment has doubled to 8%.

    If in the second year the rent is increased by a further 4% the rent is now €1080 per month. The profit has now increased to €120 per month and is giving a return of 12% on the investment.

    Repeat this a third year and the rent is now €160 and the return on investment is 16%.

    21
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    Mute David Thomas
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    Jan 11th 2017, 8:16 PM

    Maybe the just don’t get maths coles.

    12
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    Mute Kieran O'Sullivan
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    Jan 11th 2017, 8:50 PM

    @coles, normally yield is used, but lets use your method. 1000 per month at 5% yield suggests a property value of 240,000. So using your methodology we are making 40 Euro a month profit on 240,000 in deployed capital. Or an annual return of 480 euro on 240,000 investment. Or .002%

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    Mute Kieran O'Sullivan
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    Jan 11th 2017, 9:32 PM

    @coles the basic mistake you are making is how you think the 1000 per month is the investment and 40 euros profit is the return on the investment. Incorrect, the price paid for the property is the investment. The rent is the EBITA return on investment.

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    Mute Linda Nolan
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    Jan 12th 2017, 12:04 AM

    @Kieran O’Sullivan: That was educational thanks.

    5
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    Mute Coles
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    Jan 11th 2017, 6:27 PM

    Ask Minister Coveney when Fine Gael intend to suspend their policy of forcing up house prices.

    When he denies it remind him of this:

    http://www.independent.ie/business/personal-finance/property-mortgages/theres-no-housing-bubble-michael-noonan-wants-prices-to-rise-30168455.html

    56
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    Mute prop joe
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    Jan 11th 2017, 6:33 PM

    Why all the empty property? Why is lpt not paid for vacant property? Why not charge for having empty units. The tallest building in the country in nearly entirely empty. Apart from the staff turning lights on, to make it look like someone is living there.

    54
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    Mute Shawn O'Ceallaghan
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    Jan 11th 2017, 6:09 PM

    I don’t want to rent I want to buy. I might as well buy rather than rent. If i rent im just paying someone else mortgage. 3.5 times mortgage limit needs to be raised. 10% deposit is handy enough though.

    52
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    Mute Liam John Bradshaw
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    Jan 11th 2017, 6:26 PM

    Vulture funds have soared the property’s, their a business investment company’s, in Sandy Ford alone they have 2 blocks of apartments with 2 bed properties going for €2,800 per month. The Government let the Vulture Capitalists in & have now lost the battle for the housing!

    43
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    Mute Shane Corry
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    Jan 11th 2017, 6:29 PM

    Not a great interviewer, would be great to actually be able to hear more than a few words of his answers before he’s interrupted! What’s the point of asking a question and not waiting for the answer..

    41
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    Mute Alan Ball
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    Jan 11th 2017, 7:43 PM

    I took the time to absorb as much as possible of the ministers replies and to be honest it became pretty clear very early on, that this was no more than a lightweight interview with questions put to the minister that had clearly been rehearsed or at the very least agreed upon beforehand.Typical journal ass licking exercise. Pointless to be honest.

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    Mute Karl Monaghan
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    Jan 11th 2017, 7:54 PM

    How is it Minister, you can fix rent, but you can’t reduce mortgage interest rates or car insurance gouging as this is interference in a “free market”????

    34
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    Mute Niall Cassidy
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    Jan 11th 2017, 7:38 PM

    This excuse for a minister along with his colleagues do not give a damn about the welfare of anybody.

    28
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    Mute Tony Daly
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    Jan 11th 2017, 7:00 PM

    1. Is there a maximum commercial yield to which any any landlord should be entitled is respect of any residential rentred property?

    2. Should landlords be entitled to evict sitting tenants when selling residential rental properties?

    3. Why are there better balanced landlord and tenant laws protecting residential tenants and longer term security of tenure in all other EU countries compared to Ireland?

    25
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    Mute David Cullen
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    Jan 11th 2017, 7:11 PM

    i know this is a difficult concept for the government to understand but build council houses simple

    24
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    Mute Kerry Blake
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    Jan 11th 2017, 7:33 PM

    ” Coveney launched a major plan” ah lost interest in the article after reading that. If I got €1 for every major plan that various governments have had over the years I’d be retired and living in the Bahamas….

    23
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    Mute MattCz
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    Jan 11th 2017, 6:28 PM

    The government could increase supply if they taxed 2nd home housing income at 90%+. Would he consider introducing such a measure? This would also emphasise that dwellings are a construct for living in and not for making money.

    Does he have any plans to tackle short-term rentals like Airbnb?

    15
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    Mute Is Mise jay
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    Jan 11th 2017, 10:01 PM

    Can you explain how that would increase supply?? It would actually do the opposite in fact

    6
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    Mute Nick Drake
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    Jan 11th 2017, 6:32 PM

    What is the plan for non first time buyers, we’re constantly hearing of plans for first time buyers, but nothing people who had a home now rent, and maybe would like to buy again.

    15
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    Mute Brown Boots
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    Jan 11th 2017, 6:16 PM

    Pointless exercise that!

    14
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    Mute Eoin Cowan
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    Jan 11th 2017, 8:28 PM

    Simon Coveney’s hairline is as disconnected as he is from the reality!

    10
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    Mute Sam
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    Jan 11th 2017, 10:50 PM

    Just listened to the interview with minister covney. Shocking is the only way to describe it. The journalist spent the first 12 minutes talking about Apollo house, did I miss something here, was this not supposed to be about renting and not homeless. She only asked 6 questions which were not priority to renters/ landlord. Coventry was long winded and some only in general terms hoping his wish list would come true. He was not asked why developers are not building and the cost of tax in construction. Why vulture funds are paying no tax on there investment. Why they have a capital gains free exit.Why are vulture funds getting 50℅ off the value and Irish citizens are discriminated against. Why an outside investor pays on 20 ℅ tax on rental income.With all the tax charges in renting has it not an effect on rental prices.Why are landlords paying 60℅ tax on rental income,of course this does not include 20℅ maintaince. Where is the money in it for landlords,why are there so many leaving this business. Why property tax is not included in a cost.There were so many important questions, it was an opportunity to seek answers but the journal failed. It very much appears from Coveny that renters must get used to renting as he appeared quite smug that this was the norm in Europe. Bluster,bluster and more bluster, i am more concerned now this man has not a clue about . Shame on the journalist for being so I’ll prepared and weak.

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    Mute Derek Lyster
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    Jan 11th 2017, 10:05 PM

    Bit late on the day for this but clearly fg are not fit for office and the homeless crisis has gotten worse by the day since you took office. Why not do the right thing and resign

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    Mute Stuart McHugh
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    Jan 11th 2017, 11:20 PM

    Jesus that was awful.

    5
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    Mute Pat Stuart
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    Jan 11th 2017, 11:39 PM

    With marital breakdowns & homelessness, we now need smaller units or homes for people to move into. These homes should be built with single people or a couple in mind. They can be offered the homes on a trial period for 2 – 5 years, opting out if they decide to move on & purchase their own homes from 1-5 years as tenants & be entitled to a cash sum for freeing up a home. If they stay for the full tenancy period & build up a proper credit point rating with the local Councils they can then be moved on to a more permanent home. We don’t need people who rip their homes apart & expect the Council to put them back together for them free of charge. At the end of the 5 year period let them be judged by their Tenancy agreement with the Council & be awarded a better home when available.

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    Mute Lazlo Saint Pierre
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    Jan 11th 2017, 11:20 PM

    Not a great interview but interesting to see if stands over his words considering he chose to do this interview, it’s not like he was acosted on the street. He had his answers prepared so they should carry some weight. I took some notes of the interview, paraphrasing mostly, don’t take it as being the exact words he used and review the video for clarification. One that struck me was the rent cap, 4% pa over 3 years – sure after the 3 years you calculate the loss, turf out the tenant, get a new one in and add on the loss from the 3 years? As I said these are his words, feel free to hold him to them.

    Homelessness/Apollo

    “It’s not just about beds, it’s also support, services, safety”

    “State needs to provide sufficient accomodation

    “Emphasis on social housing build program and getting homeless families into a home of their own”

    “20,000 homes to be built by NAMA by 2020″

    “. . . deliver on the promise to get people out of hotels by this summer (2017)”

    800 families in hotel accom is “not acceptable and we are going to change it”

    . . .not good enough that children are doing their homework in hotels and without kitchen facilities . . .

    “I will personally be involved in setting those targets and making sure we meet them (by the middle of the year)”

    We have a country now that has the resources available to it that should allow us to deal with this issue, my job is to force the pace and make it happen

    Rental Discussion

    Talks about the rent cap and the possibility of new rent cap zones based on RTB data

    “more importantly we need to get suppy up significantly”

    3300 Dublin apartments on AirBnb last summer – according to the reporter

    AirBnB properties will need to apply for change of use in planning if used for short term lets on a rolling basis

    We have commited as a gov to spending 5.3 Billion to add 47,000 social houses

    we have 1000′s of void local authority houses back in to use in last 2 years

    Mentions problem of over 65′s and rental problem, says FTB grant is working to improve this and allow people to buy a home, also CB rules on mortgages for FTB helps them also, and also mentioned Euro has culture of renting for life and Ireland could have the same, mentions a pension provison for over 65′s in the future possibly, rental market can change over time and become an option for long term renters

    Tyrellstown Amendment starts next week, if a vulture fund buys a group of apartments of more than 10 units the tenants are protected, tenancies stay intact under this amendment, law will not apply retrospectively in the case of Limerick situation so those tenants may have a problem

    “What we need to do is have a much more predictable calmer market,that has supply that meets demand, when we have a broken market the Gov needs to intervene to protect tenants and give certainty to LL’s, which is what we have done in the Rental Strategy, but ultimatley we need a lot more supply, in next 25 years a million more people, many will want to live in Dublin,and unless we find a way to build a lot more quality accomodation that is affordable for people, which is what we are focussing on, particularly in using public land, then we are going to have huge problems with commuting and traffic and congestion and all the other things that are all ready a probl;em in Dublin, supply supply supply in the right areas, high density and high quality in urban locations, thats what we are really trying to drive”

    Lending cap is imposed by CB, as it should be, they looked at trends and changed deposit requirement in recent weeks.

    Need much higher buildings in Dub, high quality urban living, green spaces, we need to deliver change, Im also the min for Planning, we need to do that over time, devolopers and funds are interested in investing in Dublin and other cities.

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    Mute Patricia McCarthy
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    Jan 11th 2017, 6:30 PM

    Is Coveney a Landlord himself? How many properties does he own and let?

    1
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