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

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Comments

  • Registered Users, Registered Users 2 Posts: 7,633 ✭✭✭timmyntc




  • Registered Users, Registered Users 2 Posts: 1,786 ✭✭✭DownByTheGarden


    6 last summer. Even more already handed in notice for end of this year.



  • Registered Users, Registered Users 2 Posts: 1,786 ✭✭✭DownByTheGarden


    I lived in Dubai for a year. The money there is savage and its a great place to live, but its far too hot. Most people get used to it i guess or dont do outdoorsy type activities. I couldnt get used to it. Neither could the family. I like the outdoors and it was just too hot over there.

    If you could stick that place for 10 years though you could come home to Ireland and never have to work again.



  • Registered Users, Registered Users 2 Posts: 4,909 ✭✭✭Villa05


    The second article gives a decent view of costs

    Monthly expenses

    Rent: €1,125

    Apartment bills: €100

    Car insurance: €400 per year

    Gym: €150

    Phone bill: Work covers this

    Health insurance: Work covers this

    Public transport: n/a

    Subscriptions: VPN – €9.99, Amazon Prime – €5.99, uTorrent- €0.00

    Petrol: €80


    Plus there a day to day spend Monday to Sunday, apparently golf green fees are very expensive if that's you cup of tea

    Teachers appear to get Rent subsidies, health insurance as part of their package. It would seem considerably cheaper to Dublin

    Was flying with Emirates recently and our daughters name caught the attention of one of the stewardesses. She was spanish based in Ireland in the noughties but now moved onto Dubai, appears to be very worker friendly

    Post edited by Villa05 on


  • Registered Users, Registered Users 2 Posts: 1,452 ✭✭✭herbalplants


    There is no income tax in Dubai like misery Ireland where you pay through your nose and don't get even a free GP visit.

    Rent is affordable in Dubai like 2k for decent apartment. Salary much higher than Ireland.

    My friend works in Dubai and no comparison.

    Remember the shills only get paid when you react to them.



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  • Posts: 14,769 ✭✭✭✭ [Deleted User]


    Oil.

    Does anyone really think the cost of living in Dubai can be compared with living here, in any meaningful way?



  • Registered Users, Registered Users 2 Posts: 1,786 ✭✭✭DownByTheGarden


    The best part is that companies pay into a "goodbye" fund for you. This money you get when you are leaving the country for good, and its huge, and its tax free.



  • Registered Users, Registered Users 2 Posts: 4,909 ✭✭✭Villa05


    Yes if your young educated and locked out of Irish housing. A no brainer, if you can handle the heat.



  • Registered Users, Registered Users 2 Posts: 1,786 ✭✭✭DownByTheGarden


    And the heat for us was the killer. Just couldnt get used to it.

    The cost of living doesnt really matter though. The big thing is the massive amount of money you are banking while you are there. You could not possibly even spend 20% of your salary over there, even on coke and hookers :)



  • Registered Users, Registered Users 2 Posts: 4,909 ✭✭✭Villa05


    Would oil generate similar revenues to corporation tax per chance. It's all about how you spend it. Do they use oil revenue to drive up house prices and rents like we do with corporation tax or use it to make housing more affordable. Encourage or discourage workers that add value to the state

    All choices open to us, we are a country that rewards speculators that add no value while they appear to make things easier for people that add significant value to the state. You have a lovely pile of expensive blocks while they take our future

    Post edited by Villa05 on


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  • Registered Users, Registered Users 2 Posts: 7,633 ✭✭✭timmyntc


    Funny you left out things like groceries, food prices are very steep and alcohol especially around 12-15 euro equivalent a pint. Even internet prices are over double the average here.

    And all schooling - 10 grand a year for primary school per student.

    Its no doubt a great place to make some money for a few years as a young professional, but plenty of people like to make it out as a cash laden, faultless paradise just so they can get a dig in against Ireland.

    If it was *that* good it would beg the question why posters singing its praises don't move there themselves?



  • Registered Users, Registered Users 2 Posts: 977 ✭✭✭lordleitrim


    I think Dubai and similar is great if you're young, single or independent but I can't see how 30 or 40 somethings with kids and partners would want to live there without a typical support network of extended family or friends. I know families do it and endure it but I think they have to make more compromises than a 20something with no ties.



  • Registered Users, Registered Users 2 Posts: 4,909 ✭✭✭Villa05


    I'm not singing their praises, I'm shining a light on how they are exploiting our stupidity

    Alcohol is not an essential product

    Why spend on education when other countries are banishing the fruit of their education system

    You'll get over paying double Internet fees when your fuel bills for the month match the weekly cost here

    Housing is a barrier to having children here



  • Registered Users, Registered Users 2 Posts: 1,786 ✭✭✭DownByTheGarden


    Company paid for schools. Pints were not that much more than here tbh. Depends where you go for your pints. Its too hot to drink pints anyway I found.

    Groceries. I never even noticed if they were expensive or not. I do notice how expensive they are in Ire3land now though.

    Internet is free everywhere. I never heard of an apartment building without free internet anyway. Its probably even better nowadays.

    But if you are into going out and spending your money you would have to try very, very, very hard to spend even the tax you would have paid on it in Ireland. You could live the high life over there and you would never spend the money you make.

    As I said above, the heat really is like nothing people here have ever experienced before. Its like living in an oven. Now some people dont mind that, but there is only so long you can go without wanting to have fresh air, at least for me anyway.

    I think Dubai is not a place that anyone would live long term (well i know a few who do, but not too many freckly Irish people). It is however a place to go for maybe 5 to 10 years to bring back more money than you ever dreamed of with you. And if you are into the party and drinking scene, that is there too for you. You can even play hurling there.

    I lasted just over a year and then had a conversation with the wife and we decided to come home. It was all me who wanted to come home really, she would have been happy to stay for another few years though.

    If someone were to ask me should they live in Dubai, I would say definitely go if you want to make a lot of money in a few years. But you probably wouldnt want to live there long term. There are nicer countries to move to to live, but none that I know of where you can make money that fast.



  • Posts: 14,769 ✭✭✭✭ [Deleted User]


    Ah for Gods sake, Dubai is a small city state which relies almost entirely on oil exports and tourism to run their economy, Ireland has a larger population, more diverse economy and a much, much larger percentage of citizens from this country who were born here and do not plan to leave. I think I read somewhere that nearly 90% of Dubai residents are foreigners, many very wealthy, who do not need State assistance. Their homes are built for foreigners. Also, they are expanding into a desert, I’m not a knowledgable about the planning process there, but I assume if the ruling family want it built, there isn’t going to be much objection.

    It really is nuts to be comparing the economies, they have virtually nothing in common.



  • Administrators Posts: 55,122 Admin ✭✭✭✭✭awec


    The fawning over Dubai is quite something, some Irish people really will do anything to convey just how terrible they think Ireland is.

    Dubai encourages workers alright. Especially the labourers from third world countries, who come and build their fancy buildings. These people of course don't ever get to live in these fancy buildings or anything like it, they live in abject poverty and earn a pittance. Many of them die doing it.

    Do you think we should learn from this approach?



  • Registered Users, Registered Users 2 Posts: 4,909 ✭✭✭Villa05


    Ye never miss an opportunity to miss the point.

    It's not about Dubai, it's about the most underdeveloped country in Europe failing to build sufficient houses to keep there best and brightest at home despite being amongst the wealthiest nations in Europe

    It's a monumental failure in 10 years where we started with an oversupply



  • Registered Users, Registered Users 2 Posts: 7,633 ✭✭✭timmyntc


    "Underdeveloped" - by what metric?

    Population density is not a good measure of development or available land use by the way, otherwise countries like, USA, Russia, Canada, Finland, Sweden etc are all chronically underdeveloped.

    And since when are teaching graduates Irelands "best and brightest"? Surely the best and brightest are those in high paying jobs here in ireland such that they can afford our high house prices?



  • Posts: 14,769 ✭✭✭✭ [Deleted User]


    C’mon, there are a million more people here than there was 20 years ago, the highest population since the famine. We aren’t like Dubai where you have unlimited funds, no objections to what the rulers want to build, and a desert to build into. When I graduated 30 years ago, Doctors and Dentists were being offered fortunes to go there, so this isn’t a new phenomenon.

    People were emigrating long before 2023, not all because the had to, I know you won’t change your tune, but at least try to vary it.



  • Registered Users, Subscribers, Registered Users 2 Posts: 6,697 ✭✭✭hometruths


    Gleninagh, St Vincents Road, Greystones, was discussed briefly here in April 2021 when it was on the market seeking 1,45m. A 2005ish 235sqm new build on an absolute belter of a 0.6 acre site.


    Screenshot 2023-04-17 at 20.38.14.png


    At the time a few of us commented on the wow site, meh execution of the new build, gripes being interior layout etc. It completed sale in October 2021 for €2.2m.

    It would appear the new owners shared the views about the crappy layout; I drove past it today and it has been demolished, planning granted for a replacement dwelling.

    Jaw dropping stuff.



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  • Registered Users, Registered Users 2 Posts: 1,452 ✭✭✭herbalplants


    ECB to stop hiking in July 'but only after three monthly increases in a row'

    ECB to stop hiking in July 'but only after three monthly increases in a row'


    Remember the shills only get paid when you react to them.



  • Registered Users, Registered Users 2 Posts: 1,592 ✭✭✭DataDude




  • Registered Users, Subscribers, Registered Users 2 Posts: 6,697 ✭✭✭hometruths


    Great site yep, but they wouldn't have been able to demolish the house, given its an original rather than a pastiche.



  • Registered Users, Registered Users 2 Posts: 1,155 ✭✭✭hamburgham


    No problem with that but they shouldn’t be able to keep their jobs open for them in Ireland.



  • Registered Users, Registered Users 2 Posts: 1,155 ✭✭✭hamburgham


    Was just going to say the same. Teachers are far from being Ireland’s ‘brightest and best’. I know they still seem to think this themselves but times have changed. Fifty years ago they might have been amongst the most educated but that is no longer the case. Have hosted many student teacher lodgers and their lack of knowledge is astonishing.



  • Registered Users, Registered Users 2 Posts: 20,385 ✭✭✭✭Bass Reeves


    Most post primary school teachers git teaching after getting an average arts degree which they got with leaving cert points in the 350-400 points marks. Most are only a semi specialist in 1-2 subjects.

    They then do a masters in education. It's only lately that primary teachers are required to have higher level maths. Previously a C in pass maths was acceptable.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 171 ✭✭Beigepaint


    Talk teachers down all ye want but the fact is we need them and government policy has caused them to run away.

    You might not have a high opinion of binmen either, but look at Paris if you want a reminder of the consequences of essential workers not getting what they think they deserve.



  • Registered Users, Registered Users 2 Posts: 1,155 ✭✭✭hamburgham


    Last comment as don’t want to derail the thread

    The shortage would be greatly alleviated if they got rid of the five year career break. Adds to the difficulty of getting a permanent post which puts people off teaching as a career. Was the reason I didn’t pursue teaching myself.

    The Teachers’ Council drags its feet for years on ‘non standard’ applications. They make it almost impossible for experienced applicants from overseas to register. It’s also next to impossible for experienced scientists and accountants to register to teach STEM subjects and accountancy as they haven’t got the Mickey Mouse teaching qualification.

    The shortage could easily be addressed without increasing pay if the will was there.



  • Registered Users, Registered Users 2 Posts: 1,786 ✭✭✭DownByTheGarden


    Its a handy perk to have alright, but most of them probably wont be back to Dublin anyway. That career break thing is a great idea if you want to ensure that staff who leave to sew their wild ouats come back to you. But I dont most of them are bothered about that now. They just want out of Dublin. From what I am being told a lot are going down the country. A few are going traveling. And others are emigrating. One who i know well, who actually told me about all the leavers, is leaving teaching altogether.



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  • Registered Users, Registered Users 2 Posts: 1,085 ✭✭✭Jonnyc135


    A lot take the career break to leave their permanent school in Dublin, go down the country and start subbing in other schools to get their name around for fixed terms and then maybe panel rights prior to resigning their position in the Dublin school.

    Why do they do this - they cannot afford to live or rare a family in the greater Dublin area.



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