brisan wrote: » 10k off the top of my head My nephew and his wife both work in Financial sector and both are working from home They are saving at least 15 k a year in childcare , transport costs , lunches , clothes etc They also have more time with their child and a shorter working week and a better quality of living If they lost 10k each that’s 10k gross so still much better off Multinationals will come for the tax breaks and the educated workforce that speak English as a first language
brisan wrote: » Conversion Head office supplies all the materials and a budget for wages insurance maintenance etc and we convert raw materials into finished product and send it head office for sale for free So in the long run we make no profit as we receive no sales Head office is in Zurich The cheaper your conversion costs the more product you will be asked to make
Cyrus wrote: » Where has 10k come from ? And again I would ask why come to Ireland in the first place then ?
Smouse156 wrote: » Yes inflating overpriced property further would be a disaster! It should only apply to new builds to increase supply
Cyrus wrote: » What do you mean by make big profits but not on paper ?
TheSheriff wrote: » I can't see this, and wouldn't want to tbh; if for instance a 10k or 20k scheme was announced tomorrow you'd see asking prices increase overnight. Also we would likely have heard leaks of it by this stage.
Dwarf.Shortage wrote: » Does anyone expect anything tomorrow beyond an extension of the higher new build HTB cap and money being made available for social housing? A more modest HTB for existing builds would be nice, a lot of the new builds are still extremely expensive for a FTB.
brisan wrote: » I work in a production factory While most of the office staff can WFH the rest of us cant We are part of a large multinational in the top 3 of our field and make big profits (although not on paper )every year The costs involved in social distancing and cleaning are massive even for a company like ours Our factory initially held over 900 (1960)now accommodates 300 since 2016 so plenty of room Companies are petrified of Covid and its consequences for its workforce not to mention possible insurance claims So that amongst other issues (less office space .less middle management etc ) are the reasons WFH is popular
PropQueries wrote: » I'm actually quite surprised how fast this WFH has taken off. The multinationals seem to be making and implementing their decisions very quickly. I wonder how long the 50% home/50% in office will last? Is it a stepping stone to 100% WFH for many employees until their office leases expire. They're reputable companies and many will probably honour their leases until the next lease break. A good analysis would be a study of when the majority of these lease break clauses come into effect. It's the office tenants decisions at that time that will show where the WFH phenomenon is really heading. Edit: Just to add. How do pension funds and other large investors now value any potential investments in commercial real estate or build to rent apartment schemes? It's kind of similar to what happened in the United States last time. Wasn't that down to investors not being able to value the underlying assets that most of the loans were secured on? Will they all just stop investing until there's more clarity?
brisan wrote: » If they are saving on childcare ,rent/mortgage .transport ,food ,clothes etc. I don't think too many will mind a 10k a year drop
neutral guy wrote: » My resume for 2020 property market : The Covid finally put things on place were they has to be Who did not sell property for rent will have take loses Those who was saving for mortgage free life finally will be awarded The 2021 is the cash buyers time The 2020 was the last chance for property owners get rid of the property without loses. I was saving for mortgage free life last 9 yearsI was wake up at 5 on morning and was going to bed at 23.00 I do not remember when I last time bought shoes And I heard to many opinions to believe them
brisan wrote: » Surely you have to regularly renew your safety footwear for work
smellyoldboot wrote: » lol. I think we all know the answer to that before tomorrow. They might try "fix" it with a healthy handout of your and my money to property developers. Is this what you were thinking?
schmittel wrote: » Tomorrow should be interesting - finally get a chance to see which way the current government is heading. Business as usual or try and actually solve the housing crisis.
neutral guy wrote: » My resume for 2020 property market : The Covid finally put things on place were they has to be Who did not sell property for rent will have take loses Those who was saving for mortgage free life finally will be awarded The 2021 is the cash buyers time The 2020 was the last chance for property owners get rid of the property without loses. I was saving for mortgage free life last 9 years I was wake up at 5 on morning and was going to bed at 23.00I do not remember when I last time bought shoes And I heard to many opinions to believe them
Cyrus wrote: » While Microsoft employees will be allowed to move across country for remote work, compensation and benefits will change and vary depending on the company’s own geopay scale. As I said previously working from home permanently will cost people if they relocate to cheaper places .
HotDudeLife wrote: » Into the biggest recession in history, buckle up
Hubertj wrote: » I don’t think it’s very fair to call someone a fool if they chose to purchase a house or apartment.
thefridge2006 wrote: » AIB to cut a string of deposit rates to zero and impose negative rates on more firmshttps://www.independent.ie/business/personal-finance/banking/aib-to-cut-a-string-of-deposit-rates-to-zero-and-impose-negative-rates-on-more-firms-39614046.html Where are we headed ????
HotDudeLife wrote: » Agreed, very few fools left though i would imagine. Many people thinking of selling and cashing out at the top appear to have just missed the boat.
schmittel wrote: » Makes perfect sense to concentrate on selling to the last few remaining FTBers now while they are still in Dublin. If they wait a couple of years, all the young buyers will be WFHing in the sticks.
