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

again, an over simplification of the issue, theres clearly serious supply issues, but theres clearly other serious issues, all interacting, causing these outcomes, and clearly, the overall money supply from both the private and public domains, i.e. qe etc, is also playing vital roles....

again, as others have mentioned, modern political and economic ideologies ultimately ends in a 'your it' situation, i.e. the debts and taxes required are your problem, and your problem alone, we re now experiencing the collapse of these ideologies..... and nobody knows what to do about it.....

That’s the Irish way reward Jenny(s) and shower them with freebies but when someone tries to get ahead with hard work, crucify them with tax. The middle is getting a terrible deal. The other two ends are getting a good deal.

The question is what are you going to do about it ? Vote SF/PBP or some other left wing conglomerate?

Whats the point in voting honestly. Until our political dynamic changes and politicians pensions are on the hook for broken promises there really is no point. There is not one credible viable option out there currently. I have said it on here before political parties should have a 10 point plan they are going to implement over their term in office, if they get in then their pensions should reflect how far they got as in if they achieve 3 of their 10 points than they should only receive 3/10ths of a pension. The real power lies with the perma-government and until the perma-government are no longer in charge nothing will change. NO ACCOUNTABILITY people going into politics want power and money.

The higher the climb, the harder the fall. I can barely watch these articles anymore, as I see the Irish taxpayer walking eyes wide open to their doom. Indicative price tag of €788,741 on three-bedroom apartments in Dundrum and people think this situation can last? The State pushing good cash into propping up the property market at all costs (on the same day we see a u-turn by the government to perhaps give payment to holiday home owners allowing refugees to use the homes https://www.irishtimes.com/news/politics/payment-for-holiday-home-owners-housing-refugees-being-considered-o-brien-says-1.4850724?mode=sample&auth-failed=1&pw-origin=https%3A%2F%2Fwww.irishtimes.com%2Fnews%2Fpolitics%2Fpayment-for-holiday-home-owners-housing-refugees-being-considered-o-brien-says-1.4850724 )

The crop of politicians overseeing this crisis will be voted out and sitting on cushy pensions, unaccountable for these criminal policies when the whole thing falls apart. The head-scratching over what happened to our cash that we had during the 10s boom years will lead to pointless inquiries around the housing policies pursued, inevitably leading to conclusions that they were a bad idea but no individual will be held to account. Meanwhile, transport, education, water, road infrastructure, WFH hubs and national broadband upgrades will be years behind where they need to be and the taxpayer will be told that the money isn't there to invest in these things that are already chronically lacking investment the past decade.

Would agree, there's not much time left, the gravy train is running out of track and those responsible, just like in 08 will be shielded and handsomely rewarded for their failures

This is just disgusting. I’m am furious that someone can get free social housing in Dundrum in a property worth E700k while I work my ass off and have nothing left after paying my rent and taxes.

It's a good idea, but we have to bear in mind that the real enemy here is not the government, but the state itself. One could replace every man and woman in the Dail tomorrow, but there would remain legions of civil servants who will keep the ball rolling. I would not be surprised if, on his first day in the office, Michael Martin met with a group of senior civil servants who plopped a folder on his desk with the words "This is our agenda, sir. Please sign these documents."

The state is compromised by globalist big-business, and it is to these interests that the Irish state is selling the citizenry.

Your last line doesn't make much sense. In none of those years quoted had there been record inflation, a war, and the transition from QE of a pandemic. Just because the predictions in the past were incorrect, they are not an indicator of the success of future predictions. And one thing everyone can agree at the moment is the economic future is not looking very bright.

have the fire sectors solved this conundrum? they hardly use their abilities to make sure prices continually rise, no matter what, and when it all goes t1ts up, get bailed out? hardly?

I just bought a house, for solicitor’s fees I paid €1750 + VAT, so €2150 approx. Land registry fees were €875, and closing searches were €120. So yes, I agree your €3k expectation seems reasonable. Obviously stamp duty is extra.

Left wing nonsense as usual:

Argentina???

The tweet underneath it sums it up quite nicely.

Would you like to have our electricity provision outsourced to the private sector also.

I'm sure they would be delighted with the 700million profit the Esb generated last year.

Maybe you want us to source nurses from the private sector. Are you aware of the cost difference? I suspect not

Maybe paying out billions in inflation linked rental supports is a highly sustainable heading into a prolonged inflationary period

How has the privatisation of transport services in the UK gone?

From 2018 Irish Times article

"The agency, which operates under the umbrella of the National Treasury Management Agency, provides ongoing financial and commercial advice on 15 State and semi-State entities – An Post, Bord na Móna, CIÉ, Coillte, DAA, Dublin Port Company, Ervia, ESB, Irish Water, the Irish Aviation Authority, Port of Cork Company, Shannon Foynes Port Company, Shannon Group and VHI.