The empty housing/ghost estate phenomenon has attracted plenty of attention on this site and more widely. In the public imagination, such phrases conjure up in the main images of empty estates in Leitrim, Longford, Roscommon and elsewhere, those spectral landscapes of redundant concrete – tax-incentivised, never lived in. But there is of course an urban equivalent – the ghost apartment complex, such as those in Sandyford previously discussed on this blog. Indeed, the presence of many empty residential units in centrally located urban developments near services and transport links side by side with escalating levels of unmet social need is one of the madder contradictions of post-CT Ireland. This all highlights some of the more critical problems with market-driven housing systems (or cities or indeed regeneration processes). With everything utterly dependent on the vagaries of market swings (the stop-go cycles of construction and boom-bust price and rent movements), there is at best a very weak linkage between real housing need and market supply.
One interesting emerging trend in this context relates to the short-term strategies pursued by investors and speculators at a time of downturn. Many it seems have turned to students as a temporary source of rental income while they sit out the slump. This is reflected in several emergent trends. A number of property companies now have “products” targeted at the student accommodation market. For instance, Chubb Properties has several brand new developments on its books targeted exclusively at students. The Gateway Student Village in Ballymun offers a similarly specialised product: 109 3-bed apartments at a rate of €4,000 per room per college year (14th September to 20th June). DIT itself has organised a whole suite of “off-campus” accommodation for students, many of which are advertised on a reserved webpage on the findahome.ie website. One of the more interesting examples is the Herberton Dublin 8 scheme, advertised as “the village within the city” – for students. For generations of students, the village within the city for students was Rathmines. Now apparently it’s Herberton, which incidentally is also one of the two private blocks within the regenerated Fatima Mansions.
Both central and local government have recently taken an interest in this area. At the national level, the Centre for Housing Research (CHR) has recently launched a report outlining the future of student accommodation in Ireland, while at the local level, Dublin City Council has recently taken a direct interest in promoting Dublin as an ‘International Student City’. With specific focus on Dublin, the CHR report highlights a number of schemes in the pipe-line, such as on Cork Street in the Liberties. What it does not say, however, is how the transformation of existing empty properties fits with the plans to create more purpose-built apartments in the near future. The report also stresses the role which student accommodation plays in terms of urban regeneration, with the ambition for new developments to be integrated within their neighbourhoods. This was also raised at a recent seminar on the promotion of Dublin as an International Student City, with the avoidance of ghettoisation of particular student groups (according predominantly to country, region of origin or ethnic background) as a key issue. However, another issue might be how the ad-hoc measures outlined above allow for third-level institutions to develop a long-term relationship with the areas in which their students are now resident. This, of course, is where things may get more complex, and the issue of social specificity comes to the fore. While on one hand, those developments which are in a sought after area may well disguise the fact that they are overwhelmingly dominated by students, others may attempt to use security features as a means of enticing students into an area that has recently undergone regeneration. However, one of the afore mentioned developments, The Village Gate is at pains to advertise itself as a ‘modern spacious gated development’ on its web-page. The gating of student accommodation is, however, something which the CHR explicitly wants to avoid in the development of student housing in regeneration areas.

Gasometer being converted to Alliance Apartments, South Lotts Road, Dublin 4, 2005. Photo by Philip Lawton
It’s strange really. Not so long ago, many properties were advertised for working people only. A subset targeted SWA tenants specifically. But students need not apply was not an uncommon strategy adopted by landlords, whether small-scale or corporate. Or maybe not so strange. It would appear that the policy being pursued is to sit out the downturn and in the mean time achieve some kind of rental income by turning to the student market until a better economic alternative can be found. Could that be so? The signature building of the Gasworks development in Ringsend – The Alliance – provides a good example of the complexity of this situation. In mid-2008, Chubb properties were offering rents of €150 per week with all bills included per person to students willing to share twin rooms in two bed apartments. However, in an apparent re-think, the student solution was quickly discarded for a mixture between an ‘apart-hotel’ and long-term corporate letting strategy. According to sources within a number of different letting agencies, this is due to complaints from the management company responsible for the entire Gasworks development regarding the conversion of the Alliance to student residences. Anecdotal evidence would however suggest that the student market is being actively pursued, albeit not officially. For example, the current ad on daft.ie for two bed apartments (€1350 per month) in the Alliance allows the option of converting double rooms to twin rooms. A strategy not dissimilar to the original Chubb promotion. However, through the Alliance website, the apartments are marketed to the corporate letting market as follows: “Each apartment boasts its very own unique view of Dublin City, some of the most impressive being of The Dublin Mountains and the glistening of the sea in the distance. Simply breathtaking!!” Perhaps corporate clients might not welcome their status alongside students as the flavour-of-the-month quick fix to the property market meltdown. With prices starting at €425 per week, and Google’s European headquarters just around the corner, it might also be that the short-term rental market is a more lucrative market than student accommodation (whoever the future owner of the Alliance may be!).
The example of student accommodation raises some pertinent questions regarding the consistency of contemporary planning practice and its relationship to development. Are students being used as a quick-fix but temporary solution as opposed to pursuing a housing strategy with actual benefits for both students and neighbouring residents, not to mention those stuck on housing lists? And what will be the long-term socio-cultural implications of this unplanned spatial trend? How it will all end we don’t know, but for now the news from the busted properties frontline is clear: If all else fails call in the students…
Michael Punch and Philip Lawton
January 25, 2010 at 6:04 pm
Sirs,
It seems to me that all parties are attempting to think of ways of making schemes tick all the boxes and make a financial return. Unfortunetly not all developments make money and in fact unless there is a steady rising market then most will either make a limited return or lose money.
What has happened in Ireland ( & the UK ) is that everyone has suddenly become a developer or an investor. The schemes that were bought relied on increased property prices. No concern was given to build cost or the potential for the market to fall.
The major concern I have with NAMA is that I am unsure whether it has learnt anything from the industry. It seems to be working with the same set of consultants and banks who made money building the industry up and now seem to be involved in winning large contracts from the State.
As a Quantity Surveyor who has worked on schemes throughout the UK and Europe I am interested to note that no investigation appears to be taken place of the schemes.It all seems to revolve around falling values of the sales…No mention is made of the proposed budget to build the scheme. Is this right? Was the budget ever right in the beginning? NAMA may cut the potential sales by 30% but what if the budgets are understated? If the developers are anything like the UK then I can guarantee that there will be serious errors in the initial land purchases.
I see problems ahead for a long long time.
January 25, 2010 at 8:07 pm
Ah Rathmines… I remember it well, and its many pubs and off-licenses sorry I mean useful shops :).
Where are the students living these days, if they aren’t there any more?
I shared a flat on Lower Leeson St with 2 others for 2 years for 150 old Irish pounds each a MONTH in the mid-90s. How things have changed…
January 26, 2010 at 8:56 pm
Many of them are probably living at home and driving to college. Does the POWCAR data pick this up? Or does it only relate to people ‘at work’?
January 26, 2010 at 9:23 pm
Wow, where do they park? I had the folks’ car for one week once when I was working at TCD and preparing for my driving test and the parents were in Tenerife. Parking permits are only available to staff, and even then, I had to get in for 8am to be sure of getting a space… I don’t fancy the cost of off-street parking at commercial rates in the city centre…
January 26, 2010 at 10:19 pm
Hi Perry,
the PoWCAR dataset only relates to those at work and does not provide information on the origin-destination of students.
Justin
January 27, 2010 at 8:29 pm
Thanks Justin, I suspected that was the case. Given the substantial number of students in the country, it might be an extension of this data that would be useful in the future. So much ‘information’ on the lives and activities of students remains at the anecdotal level.
January 28, 2010 at 11:17 am
Thank you all for your comments. Perry, there is some useful enough survey-based data in that CHR report mentioned above.
October 16, 2013 at 7:51 pm
Reblogged this on Philip Lawton.