Must.... Own....property....

[budwards dad]

London is London.
We're a tiny shit hole of a country.
No house should be more than €200k.

Shit hole off so. It’s a great country, this latest property problem is partly caused by our success as a country, along with our unreasonable reliance on bricks as an investment.

 

[TheOutdoorThreadmill]

Why did you choose to live in a "shit hole of a country"?

Would you sell your current house for €200k?

You could just sell up move somewhere that suits you much better with your €200k?

 

[Stacky]

No house in Ireland should be more than 200k?

It costs about €425k to build an average house all in but developers should just build them anyway and just sell them off at a huge loss and go bankrupt and crash the banks again for the laugh.

 

[FSG OUT]

Ah the old "blame Brexit" nonsense. Another government shill. Utter garbage. We had a housing crisis long before Brexit. We were warned about this in 2014, about not building enough houses and here we are, a deficit in supply of 250,000 homes and the highest number of young adults still living at home with their parents in the EU

 

[How bad boy]

Ah the old "blame Brexit" nonsense. Another government shill. Utter garbage. We had a housing crisis long before Brexit. We were warned about this in 2014, about not building enough houses and here we are, a deficit in supply of 250,000 homes and the highest number of young adults still living at home with their parents in the EU

Government shill. Lolzers.

How is that deficit calculated? Are there 250,000 people living on the street?

No, there is not.


Why is you can buy a large house in Leitrim for a tenth the cost of it in Dublin?

I personally think it's because of the ability of (some) people to pay 10 times as much for a house in Dublin than Leitrim.

Brexit has brought an influx of those people. Finance folks in London moving to Dublin because of Brexit related employment changes wouldn't blink at paying over €1m for a normal family house.

Bring enough of those folks over and suddenly you've massively distorted the market.
Ditto with rents, if you have capital buying up and milking the rental market, how are the owners of that capital allowed to get away with it?


Someone must be paying those asking prices. How are they affording it?

 

[Stacky]

Ah the old "blame Brexit" nonsense. Another government shill. Utter garbage. We had a housing crisis long before Brexit. We were warned about this in 2014, about not building enough houses and here we are, a deficit in supply of 250,000 homes and the highest number of young adults still living at home with their parents in the EU

Really?

 

[Stacky]

Government shill. Lolzers.

How is that deficit calculated? Are there 250,000 people living on the street?

No, there is not.


Why is you can buy a large house in Leitrim for a tenth the cost of it in Dublin?

I personally think it's because of the ability of (some) people to pay 10 times as much for a house in Dublin than Leitrim.

Brexit has brought an influx of those people. Finance folks in London moving to Dublin because of Brexit related employment changes wouldn't blink at paying over €1m for a normal family house.

Bring enough of those folks over and suddenly you've massively distorted the market.
Ditto with rents, if you have capital buying up and milking the rental market, how are the owners of that capital allowed to get away with it?


Someone must be paying those asking prices. How are they affording it?

An awful lot of Brexit dodgers moving to West Cork as well as an increasing number of Americans.

The Chinese are also investing in large homes in Dublin and elsewhere.

The population of Ireland is now about 5.2million and there is huge demand that supply cannot simply keep up with.

 

[FSG OUT]

Government shill. Lolzers.

How is that deficit calculated? Are there 250,000 people living on the street?

No, there is not.


Why is you can buy a large house in Leitrim for a tenth the cost of it in Dublin?

I personally think it's because of the ability of (some) people to pay 10 times as much for a house in Dublin than Leitrim.

Brexit has brought an influx of those people. Finance folks in London moving to Dublin because of Brexit related employment changes wouldn't blink at paying over €1m for a normal family house.

Bring enough of those folks over and suddenly you've massively distorted the market.
Ditto with rents, if you have capital buying up and milking the rental market, how are the owners of that capital allowed to get away with it?


Someone must be paying those asking prices. How are they affording it?

Well the 250,000 figure is the governments OWN FIGURES you absolute moron.
If anything it's being conservative.
Ah yes, the reason there are no houses in Cork is because of all the Brits now living here.
They're everywhere alright.
€1m houses being sold left, right and centre.
The 2 main issues are supply and dereliction.
Having a deficit in supply of 250,000 homes doesn't happen overnight.

 

[FSG OUT]

Really?

View attachment 31502

According to Eurostat, the statistical body of the European Union, 68 per cent of people aged between 25-29 in Ireland still live at home. This figure is nearly 26 per cent higher than the EU average of 42.1.

According to a new interactive tool released on Eurostat’s website on Friday, more young men aged 25-29 live at home in Ireland than women. Some 73.9 per cent of men in that age range in Ireland live with their parents, with 61.1 per cent of women of the same age still living at home. The EU average for men and women aged 25-29 is 48 and 36 per cent, respectively.

 

[Stacky]

According to Eurostat, the statistical body of the European Union, 68 per cent of people aged between 25-29 in Ireland still live at home. This figure is nearly 26 per cent higher than the EU average of 42.1.

According to a new interactive tool released on Eurostat’s website on Friday, more young men aged 25-29 live at home in Ireland than women. Some 73.9 per cent of men in that age range in Ireland live with their parents, with 61.1 per cent of women of the same age still living at home. The EU average for men and women aged 25-29 is 48 and 36 per cent, respectively.

Hello Croatia....Eurostat calling............