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Must.... Own....property....
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<blockquote data-quote="jank" data-source="post: 7418474" data-attributes="member: 4093"><p>I agree with that as well.</p><p></p><p>Cheap credit has certainly added to the norm of high house prices. But it goes even deeper than that.</p><p>You could make an argument that it was the ditching of the gold standard and Bretton-Woods that conspired to the current situation of high house prices. This happened in 1971 and we are living with that decision by Nixon.</p><p></p><p>[URL unfurl="true"]https://wtfhappenedin1971.com/[/URL]</p><p></p><p>It is amazing to think that a decision by the Fed and Nixon in 1971 has a knock-on effect on why a couple on a lower-than-average wage in Cork, cannot buy a home in 2024.</p></blockquote><p></p>
[QUOTE="jank, post: 7418474, member: 4093"] I agree with that as well. Cheap credit has certainly added to the norm of high house prices. But it goes even deeper than that. You could make an argument that it was the ditching of the gold standard and Bretton-Woods that conspired to the current situation of high house prices. This happened in 1971 and we are living with that decision by Nixon. [URL unfurl="true"]https://wtfhappenedin1971.com/[/URL] It is amazing to think that a decision by the Fed and Nixon in 1971 has a knock-on effect on why a couple on a lower-than-average wage in Cork, cannot buy a home in 2024. [/QUOTE]
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