Irish Property Market chat II - *read mod note post #1 before posting*

If government blocks non-EU immigration, it could send bad signals to international companies, and even Universities. Unemployment may even increase, rather than decrease. And you may end up not only with housing crisis, but push whole economy into the crisis.

No my friend, I am calling you out on the dog whistle talk you are putting out. You are fooling nobody when you put out that 360 - 300 nonsense.

Irish people are massively in favour of the EU so we won’t be leaving the EU, we won’t be kicking out the foreigners and we won’t be banning their entry.

Talk of non nationals is irrelevant.

You made the ridiculous assertion in the first place, that building more houses makes things worse due to the influx of house builders - the burden of proof is firmly on yourself.

Even with full employment in this country, should foreign companies stall growth plans or even reduce head count, it should not pose such a risk to the wider economy and the property market. However, accepting that the current prices and rents depend on future population growth, which you are effectively doing, is an admission that the current situation of high prices and rents is not sustainable.

The economy should not be so dependent on foreign, multi-nationals and the property market should also not be at risk of a crash due to the MNCs. It again speaks to me of the bubble in the economy and the property market.

I am genuinely shocked that some people would be totally clueless to believe the property market would crash if the economy faltered. That is, quite simply, a sh1tshow of a property market if that is the case.

Ireland has a high public debt. Irish Government revenue, highly depends on Multinationals, and on people with high income, to service debt.

"However, accepting that the current prices and rents depend on future population growth, which you are effectively doing, is an admission that the current situation of high prices and rents is not sustainable."

I'm not sure what you want to say here. I'm not admitting that prices can't go up, it can go both ways.

My point is that it is shocking to me that our economy and property market would be so interlinked that a faltering in MNC activity would have a material impact in property prices and rents. The property market should be siphoned off from the economy if we want to focus on sustainability in the property market with an equilibrium in costs YoY.

Saying Irish government has high debt is totally meaningless as the metrics used to measure it are totally ill equipped to address the 21st economy. CPI and GDP being the biggest culprits and the central bankers are unable or unwilling to shift their own thinking which has lead to them looking like spare pr1cks at an orgy trying to manage their mandate of ensuring financial stability and consumer protection. I read last week that the governor of the Irish Central Bank said we should use our "surprising" corporate tax windfall to pay down debt - he is an ignoramus. As the ESRI constantly says, we should not be so dependent on MNCs to the point where there is a systemic risk posed to our economy should they stall their growth or pull out of the country, this isn't news but there are people so blinded by the MNC light that they cannot see any other economy which doesn't depend on MNCs.

It was policy long before wfh/flexible working. Workers have been fleeing Dublin since the late 90's to the point that there are more Dublin workers living outside Dublin than within, purely as a result of affordability and poor planning

The HforA plan will further accelerate this trend

Interview exploring the background to the situation where there is little recourse on defective buildings.

Also deals with the situation where affordable purchase homes can be sold back into the private market

Good points raised and none addressed by housing for all plan. Not much point building affordable homes if they can be easily unaffordable 3 years later