coolbeans wrote: » Some people just can't see anything attractive in Ireland and can't get their heads around the fact that we are a relatively decent country to live in. You'd think you were reading the Daily Express comments section here such is the determination to make us out to be a complete basket case of a nation.
Villa05 wrote: » Gov themselves have stated that current revenues from corpo tax are not sustainable into the future. would it not be prudent to ringfence tax from this source to use on much needed one off capital expenditure programs such as Housing Broadband Renewable energy sources etc These areas of spending suffered most in the last bust Instead we are entering long term leases amongst other recurring spending putting significant pressure on taxpayers and leaving us exposed and vulnerable in the next downturn We have been here before, repeating the same mistakes over and over again and wait for it Nobody saw it coming!
timmyntc wrote: » Ah yes and all those who warned us in 05 and 06 of what was coming down the road were just a load of moaners? All those who said house prices were in a bubble were moaners All those who said house prices would climb even more if we shut construction during pandemic were moaners All those who said house prices would climb even more if we allow the shared-equity scheme to go ahead were moaners
awec wrote: A few years ago the US cutting corpo tax rates was a disaster for Ireland, we were all told that there was no way the MNC jobs could possibly stay with the new low US rates. Now, the US talking of raising them again is a disaster for Ireland.
JimmyVik wrote: » We love to moan in Ireland. If its not about what we are not getting, its about what someone else is getting.
JimmyVik wrote: » Have you ever read announcements about tax reforms that will hurt Ireland after any of the last 5 or 6 elections. Its like a tradition at this stage.
PropQueries wrote: » Well, given that his spending plans are reliant on these new taxes and more importantly, on his ability to actually collect these new taxes, I would assume "the times, they are a-changin'".
Cyrus wrote: » why are you assuming they are poor quality homes?
fliball123 wrote: » All the guff about what the US do and how it will impact our MNCs located here has been going on for the last 3/4 presidents and guess what it has had ZERO impact. So in your words its safe to assume the U.S will talk a good game again and get nothing done.
PropQueries wrote: » If we assume that a significant percentage (if the the state is excluded) of the demand for buying homes if from the relatively higher paid multinational and public sector employees. If we also assume that the relatively high wages in the public sector are paid from the taxes levied on the profits of the multinational sector in Ireland, I think Biden's new proposed tax plan, as reported on CNBC today, will be of interest as it potentially impacts on both the above groups going forward. According to CNBC: "The White House plans to fund the spending by raising the corporate tax rate to 28%. The administration also aims to boost the global minimum tax for multinational corporations and ensure they pay at least 21%. The White House also aims to discourage firms from listing tax havens as their address and writing off expenses related to offshoring, among other reforms." Link to article on CNBC here: https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.html
combat14 wrote: » house prices absolutely soaring now again in the double digits - gosh the country must be experiencing some kind of economic boom with no economic shutdown and mass borrowing of governnent debt for people to be paying these prices for such poor quality homeshttps://www.thejournal.ie/daft-report-3-5395912-Mar2021/
The_Conductor wrote: It depends entirely on which small town you have in mind- some of our regional towns are worse traffic wise than much of Dublin- and if you want the city with the most expensive average price of housing in Ireland- its Galway, not Dublin.
Pussyhands wrote: » What's happening if you see a property go up on Daft but it's gone within a week but then weeks and weeks later there's still nothing on the PPR. I saw a lovely spot I'm sure it was pre Christmas and it was taken down within a week. I don't see it anywhere on PPR.
6541 wrote: » Okay so - Can you summarize what is actually going on and then what you predict will happen. Thanks.
woejus wrote: » I've had experience of seeing properties up for sale, make an offer, house never sells, no PPR. In one case EA told me it was part of an interfamily dispute, they got listing fees, we had our time wasted. In this kind of market you could tell someone you need the cash to feed your crack habit and you'd still have offers out the door!
fliball123 wrote: » You cant expect a seller to say why they are selling thats nuts you give you hand away....So the seller goes I am selling because I am in financial trouble and need money asap. surely buyers will have the upper hand then. What advantage does that give the seller?
woejus wrote: » There's also reasons to list a house "for sale" other than wanting to actually sell it. Estate disputes, divorces, trying to show the bank you're making best effort to liquidate your assets and other bolloxology. Price discovery can be a big part of this. Infuriating stuff.
fliball123 wrote: » It can take months for a sold property to go onto the PPR
Mad_maxx wrote: » No , If the left has told us anything , its that the solution to government interference is always more government interference
standardg60 wrote: » That's a very quick climbdown from 'total rubbish' to 'one element'. I understand you may have skin in the game but the only entities who publicy promote the 'other benefits' of locating here are the MNCs themselves. No one knows what they're promoting behind closed doors, which makes me question the Government's stance. Do you remember Dell? I have no idea why you wouldn't address/make sense of my second point. An imbalance of supply versus demand doesn't create a skewed market?
Hubertj wrote: If you bother to read my post I was referring to the last 5-7 years when there was a focus on building commercial and not residential. But sidestep again.
