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23-11-2019, 09:41   #16
Dav010
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This nonsense has got nothing to do with this thread. Don't feed the troll. Lack of 4/5 bed homes for sale in galway city has nothing to do with immigration.
You don’t believe an increase in population can have an effect on housing stock? An improved economy & net immigration increases population and means more people looking for property and more people have the means to retain/buy homes. Owners don’t have to sell, they are not having to emigrate/migrate for work, and when they do sell, more people can afford to buy it.

Last edited by Dav010; 23-11-2019 at 09:45.
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23-11-2019, 10:13   #17
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Great. The anti-foreigner, ireland-for-the-irish morons are busy this morning. Now I have to unfollow my own thread.
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23-11-2019, 10:21   #18
listermint
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You don’t believe an increase in population can have an effect on housing stock? An improved economy & net immigration increases population and means more people looking for property and more people have the means to retain/buy homes. Owners don’t have to sell, they are not having to emigrate/migrate for work, and when they do sell, more people can afford to buy it.
You lads are as boring as the day is long
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23-11-2019, 10:26   #19
whisky_galore
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Ah yes, all these immigrants arriving in containers with just the clothes on their backs are buying up all the housing stock on the poor old Irish...yep that's it.
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23-11-2019, 10:26   #20
listermint
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Ah yes, all these immigrants arriving in containers with just the clothes on their backs are buying up all the housing stock on the poor old Irish...yep that's it.
George Soros is funding their property purchases.
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23-11-2019, 10:33   #21
Blueshoe
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Ah yes, all these immigrants arriving in containers with just the clothes on their backs are buying up all the housing stock on the poor old Irish...yep that's it.
Don't be silly and deflecting. It's painfully obvious that more people = more housing needed. But those houses aren't being built. The available stock becomes more expensive. Basic supply and demand.
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23-11-2019, 10:35   #22
beauf
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Ah yes, all these immigrants arriving in containers with just the clothes on their backs are buying up all the housing stock on the poor old Irish...yep that's it.
A lot of people have moved here because we have shortage in high paid jobs like medicine or IT. Often they are well educated, good experience, and often quite well off before they get here. Some are business people and are quite successful here. They are just as likely to invest in property as anyone else.
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23-11-2019, 10:37   #23
beauf
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Great. The anti-foreigner, ireland-for-the-irish morons are busy this morning. Now I have to unfollow my own thread.
Maybe you tell us the answer you want to hear so people can oblige.
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23-11-2019, 10:39   #24
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It's expensive to build (tax) hard to get finance, market uncertain, and people are looking for housing that has the least profit in it. Most developers will be wary.
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23-11-2019, 10:46   #25
Nika Bolokov
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Growing population.

Sellers not in the main under pressure to sell.

If buyers are limited in how much they can borrow and prices are static than there is very limited incentive for owners to sell especially if they have bought in the last 3 to 5 years.

High construction costs including concrete being twice the price it is in the UK mean limited margins for developers with not much incentive to build on sites bought after 2014.
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23-11-2019, 11:25   #26
L1011
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Take the immigration talk elsewhere
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23-11-2019, 11:39   #27
Mad_maxx
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Ah yes, all these immigrants arriving in containers with just the clothes on their backs are buying up all the housing stock on the poor old Irish...yep that's it.
Since when does needing a roof over one's head mean you must buy a house?
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23-11-2019, 11:42   #28
whisky_galore
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Since when does needing a roof over one's head mean you must buy a house?
The sarcasm eludes you.
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23-11-2019, 11:49   #29
Mad_maxx
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The sarcasm eludes you.
Nah, just exposing the fallacy that merely not having the means to buy a house renders one having no effect upon housing availability
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23-11-2019, 12:02   #30
Dav010
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Great. The anti-foreigner, ireland-for-the-irish morons are busy this morning. Now I have to unfollow my own thread.
What are you looking for?

I would presume those CSO figures relate to immigration irrespective of nationality, and includes Irish. During the recession emigration increased while stock remained static so there were fewer people to buy, and fewer people who could afford to. Now that trend has reversed, but again stock has stayed relatively static so fewer people selling, more people buying.

You started a thread to get opinions on the question you asked, it’s pretty rude to then take the piss when people reply.
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