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

On mainstream media now

we were comparing average prices across counties and the fact that Dublin is much more expensive than everyehere else and so public sector key workers require some help to live in the capital.

376 houses up to 350k is a start, but its buttons for a city with 1.5 million population in the 4 boroughs.

Even in my company we get an allowance for living in Dublin.

It always has and always will be more expensive to live in Dublin and most companies with offices in other parts of the country too recognize this.

The problem now is that the gap has gotten even worse. And its not just housing that is more expensive.

I think the gap might be closing. I see a rural Galway village, 4 bed houses in a nice but not fancy estate going for 600k. That was never the case before now

All workers are essential we all pay into the system we all need housing teachers and the public service are paid 20% more than the private sector already. If the government want to do something to help with high costs maybe instead paying teachers more they should use this money and cut Income tax for everyone and get off their holes and build more using the massive amount of corpo tax they are taking in.

Considering the below EZ core inflation figures released today, any predictions for when the ECB will stop hiking?

EURO ZONE CORE CPI RISES TO ALL-TIME HIGH OF 5.7% Y/Y IN MARCH

The issue in Limerick is availability and consequently price.

Note the ministers response to the issue below in that the new employees at eli lily will be living in the area already. Really! Has he been across the road and asked Regeneron

Is this FG way of saying, good new jobs are only open to persons with secure housing in another attempt to pull up the ladder to new entrants

What is it we hear about every fdi job bringing another 2 to 3 spin off jobs. Where will they live

The basic functioning of the economy is being put at risk by a government that has money coming out of its ears from this very source and it can't build some homes for those that generate it. Not only that, but also consistently object to new housing in most areas. The state is probably the largest land and building holder in the State also

How can they be so incompetent?

Philip lane stated a few months ago that they'll keep raising rates until the rates are higher than the inflation rate and they'll hold rates at that rate for some time so that inflation doesn't take off again.

Its a precendent, not intended to be myopic. But if you were to introduce some form of salary weighting for public sector roles, you have to create a border somewhere.

Whether its South Dublin, County Dublin or Greater Dublin, or anywhere else.

But a border would need to be created, as they do in London.

Well the tenant being a medical professional appears to check out.

Anyone switching current account manually from UB or Kbc in the last few months will understand that it's an incredibly tedious process and prone to error. The landlord appears to admit to changing accounts.

The landlord does not appear to be the sharpest tool in the box if you pardon the pun.

Not familiar with legal advise, but tenant story does appear plausible, while common sense would tell you to have very little to do with such a landlord.

Several criminal offences on video here, how this can be described as a civil matter is puzzling?

If the state start paying top up salaries to Dublin based workers then they are inflating Dublin property/rent prices directly, and the Dublin salary differential will have to keep increasing over time ad infinitum.

My question would be whether Thomas engineered the unpaid rent situation by closing his bank account because he needed to sell the place.

He raised the circular saw up after the tenant made a sudden movement toward him in response to being told to go to hell, you see the tenants right arm (or something) flash into shot at that point, Thomas then swings the saw toward him in what looks to me like a warning to get back and threatens him.

Definitely end of his tether stuff, I wonder if the old guy knew that the supposedly legal 6 months notice would work would things have ended up as they did or is it all the media attention over the eviction ban that made him think he would never get his place back without trying to evict them himself. He might desperately need the money which drove him over the edge.

All of those are part of the problem, among other things. There is no one problem here.