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How can someone in their 30s afford a house - PLEASE READ MOD WARNING IN OP

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    #1082
    GreeBo
    Registered Users Posts: 27,088 ✭✭✭✭GreeBo


    Figel Narage wrote: »
    Pretty depressing how getting the gold plated salary of 100K a year means you can't really buy a house in area's our parents would have bought on the same salary back in their day.

    Might be depressing but it shouldn't be surprising to you.
    Compare the demand back then to now.


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    #1083
    GreeBo
    Registered Users Posts: 27,088 ✭✭✭✭GreeBo


    Figel Narage wrote: »
    Pretty depressing how getting the gold plated salary of 100K a year means you can't really buy a house in area's our parents would have bought on the same salary back in their day.

    Might be depressing but it shouldn't be surprising to you.
    Compare the demand back then to now.


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    #1084
    beanyb
    Registered Users Posts: 1,149 ✭✭✭beanyb


    fret_wimp2 wrote: »
    There's no possible. Way everyone can get the exact same start and legs up in life.

    I know people who through luck and circumstance have better jobs, more money, 2nd properties and other benefits I don't have, some they worked hard for, some given to them. I don't begrudge any of it.

    I'm better off than my parents thanks to their hard work to give me a good life and education. I hope my kids are much better off than I and I'll help any way I can.

    To be bitter at the world for chance oppertunities they have gotten is akin to shouting at rainclouds.

    In Ireland for most people, the gap between the well off and ordinary folk is not nearly as wide as in most of the world.

    Work with what you have and stop looking around at what others have and you haven't

    Nobody is begrudging anything, we're just suggesting that taxing inherited wealth (which is currently set at quite a high level) to fund public services is a good way to even the inherently unfair playing field that is our society.


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    #1085
    Deadmou5e
    Banned (with Prison Access) Posts: 111 ✭✭Deadmou5e


    Get a caravan for a year


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    #1086
    yourdeadwright
    Registered Users Posts: 20,555 ✭✭✭✭yourdeadwright


    beanyb wrote: »
    Privilege isn't only about getting special treatment. It is also a structural issue where you have easier access to good schools, jobs, and therefore to money than other people. It doesn't mean you didn't work hard but it means there were some obstacles that you didn't have to overcome to get your house that some others could never even dream of.

    Inherited wealth that gives some children an advantage over others whose parents couldn't afford to own their own is one of these structures.

    We live in Ireland .There are not the structural barriers stopping you from becoming what you want as there are in other countries,

    Yes there are a minority of people who have terrible childhoods and lives but you can't claim anyone with a house is privileged its absolute nonsense .

    A lot of time people like to blame privilege for them not being in the position of others , when come down to poor choices they made,


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    #1087
    theteal
    Registered Users Posts: 7,593 ✭✭✭theteal


    joeharte123 wrote: »
    True. In the UK, in comparison established urban houses, 'new build' houses are among the cheapest on the market. A developer builds uniform 3 bed semi detached houses on a plot of land, young couples buy them up, raise their children with the aim to move out later in life.

    In Ireland, 'new build' houses seem to be the among most expensive in an area, leaving young people with heavy debt of mortgage repayments each month. An obvious solution to this would be to build more houses, relaxing the demand on these new built homes and therefore reducing the prices to a more sustainable and manageable level.

    I don't find that in the slightest. I'm on the commuter line between Southend and London, a lot closer to Southend and I find new build houses ridiculously expensive.

    An example that we viewed a few years ago can be seen below. The cheapest 4 bed house left is over £464,000. The 3 beds were not cheap either. That's nearly 50% more than we paid for our 1970's 4 bed semi, that's bigger, has a proper separate dining room, actual front and rear gardens and is a 10 minute walk to the station (no en suites though, just the two regular shared bath/showerrooms :( ) - https://www.countrysideproperties.com/all-developments/essex/st-lukes-park


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    #1088
    fret_wimp2
    Registered Users Posts: 1,905 ✭✭✭fret_wimp2


    beanyb wrote: »
    Nobody is begrudging anything, we're just suggesting that taxing inherited wealth (which is currently set at quite a high level) to fund public services is a good way to even the inherently unfair playing field that is our society.

    Tax has already been paid on that money.
    Public service is over funded. If it needs anything, It needs accountability for its financial decisions. Make people Accountable, put jobs on the line for multiple bad decisions and probects will start being run properly with due care and attention.

    People need to learn they can't have everything and taxation and regulation certainly isn't the way to get it.


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    #1089
    limnam
    Registered Users Posts: 9,152 ✭✭✭limnam


    theteal wrote: »
    I don't find that in the slightest. I'm on the commuter line between Southend and London, a lot closer to Southend and I find new build houses ridiculously expensive.

    An example that we viewed a few years ago can be seen below. The cheapest 4 bed house left is over £464,000. The 3 beds were not cheap either. That's nearly 50% more than we paid for our 1970's 4 bed semi, that's bigger, has a proper separate dining room, actual front and rear gardens and is a 10 minute walk to the station (no en suites though, just the two regular shared bath/showerrooms :( ) - https://www.countrysideproperties.com/all-developments/essex/st-lukes-park

    I was a bit shocked myself

    The last thing people think of when looking at London, outskirts or otherwise is cheap property


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    #1090
    Cyrus
    Registered Users Posts: 19,752 ✭✭✭✭Cyrus


    beanyb wrote: »
    Nobody is begrudging anything, we're just suggesting that taxing inherited wealth (which is currently set at quite a high level) to fund public services is a good way to even the inherently unfair playing field that is our society.

    its not at a high level at all, if you wanted to leave a standard house in dublin to a child you couldnt without them having a tax bill.


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    #1091
    Springy Turf
    Closed Accounts Posts: 173 ✭✭Springy Turf


    Cyrus wrote: »
    its not at a high level at all, if you wanted to leave a standard house in dublin to a child you couldnt without them having a tax bill.

    Only in the case of 1 child. if the house was worth 500k, they would be liable for 55k in tax - in an around 10%. If there are 2 children, it's 0. It's a very low tax.


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    #1092
    theteal
    Registered Users Posts: 7,593 ✭✭✭theteal


    limnam wrote: »
    I was a bit shocked myself

    The last thing people think of when looking at London, outskirts or otherwise is cheap property

    Ha ha, outskirts :D

    Outskirts was when we lived in Romford. We're out in the proper Essex badlands now, cheaper than London obviously but decent houses are by no means cheap. . . I suppose you could get a slum in Basildon on the cheap??? Then again, I suspect this is what you pay for having a proper rail commuter network (albeit much derided and expensive) but that estate that I linked is not even close to a station.


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    #1093
    Figel Narage
    Registered Users Posts: 474 ✭✭Figel Narage


    GreeBo wrote: »
    Might be depressing but it shouldn't be surprising to you.
    Compare the demand back then to now.

    Didnt say I was suprised just depressed about the situation


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    #1094
    Cyrus
    Registered Users Posts: 19,752 ✭✭✭✭Cyrus


    Springy Turf wrote: »
    Only in the case of 1 child. if the house was worth 500k, they would be liable for 55k in tax - in an around 10%. If there are 2 children, it's 0. It's a very low tax.

    the two children get half a house each :rolleyes:


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    #1095
    Springy Turf
    Closed Accounts Posts: 173 ✭✭Springy Turf


    Cyrus wrote: »
    the two children get half a house each :rolleyes:

    Yes?


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    #1096
    Cyrus
    Registered Users Posts: 19,752 ✭✭✭✭Cyrus


    Springy Turf wrote: »
    Yes?

    its not a low tax


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    #1097
    [Deleted User]
    Posts: 3,505 ✭ [Deleted User]


    Cyrus wrote: »
    its not a low tax

    The tax rate is high, but if we're only talking parent->child transfers, the threshold is reasonable. €335k tax-free is a large inheritance, and you'll get 67% of the rest.


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    #1098
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    beanyb wrote: »
    Nobody is begrudging anything, we're just suggesting that taxing inherited wealth (which is currently set at quite a high level) to fund public services is a good way to even the inherently unfair playing field that is our society.

    Ireland’s inheritance tax thresholds are extremely low and rate of tax very high. We are Up there with the most draconian in the world when it comes to inheritances/gifts. Loads of countries don’t even have inheritance tax and many that do have far higher threashold. It’s around 1 million in the Uk for example.

    Inheritance/gift tax is an abomination, absolute disgusting theft of a tax that is promoted by the worst begrudgers we have in the country, they don’t get an inheritance so they don’t want anyone else too. Like a child in the play ground.

    Inheritance tax within the family should be totally abolished, parents should be able to give whatever they want to their children with out a single cent if tax being owed the same as a married couple can. A child and their parent are an even closer relation that a married couple so no reason they shouldn’t be entitled to free access to all their families money without the dirty grubby hands of revenue getting even a sniff.

    Society isn’t fair, and never will be so tough s*it a families money should not be going to anyone outside the family it should be making the best life and giving the best head start to the next generation of the family and putting them ahead of others and making their lives easier.


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    #1099
    Springy Turf
    Closed Accounts Posts: 173 ✭✭Springy Turf


    Savanna Refined Symbolism wrote: »
    Loads of countries don’t even have inheritance tax and many that do have far higher threashold. It’s around 1 million in the Uk for example.

    https://www.gov.uk/inheritance-tax. No mention of 1 million. No reference to back up your assertion. Not sure I would want to model anything about Ireland on the U.K. anyway. Brexit is what happens when you have so much inequality a country starts to implode.
    Savanna Refined Symbolism wrote: »
    Inheritance/gift tax is an abomination, absolute disgusting theft of a tax that is promoted by the worst begrudgers we have in the country, they don’t get an inheritance so they don’t want anyone else too. Like a child in the play ground.
    Believe it or not, people can have political views that go against their own financial interest. People who understand that a fairer society makes life better for everyone. What's childish is calling people who disagree with you begrudgers and children.
    Savanna Refined Symbolism wrote: »
    Society isn’t fair, and never will be so tough s*it

    So we shouldn't try to make it more fair?


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    #1100
    MrMusician18
    Registered Users Posts: 7,248 ✭✭✭MrMusician18


    Savanna Refined Symbolism wrote: »
    Ireland’s inheritance tax thresholds are extremely low and rate of tax very high. We are Up there with the most draconian in the world when it comes to inheritances/gifts. Loads of countries don’t even have inheritance tax and many that do have far higher threashold. It’s around 1 million in the Uk for example.

    Inheritance/gift tax is an abomination, absolute disgusting theft of a tax that is promoted by the worst begrudgers we have in the country, they don’t get an inheritance so they don’t want anyone else too. Like a child in the play ground.

    Inheritance tax within the family should be totally abolished, parents should be able to give whatever they want to their children with out a single cent if tax being owed the same as a married couple can. A child and their parent are an even closer relation that a married couple so no reason they shouldn’t be entitled to free access to all their families money without the dirty grubby hands of revenue getting even a sniff.

    Society isn’t fair, and never will be so tough s*it a families money should not be going to anyone outside the family it should be making the best life and giving the best head start to the next generation of the family and putting them ahead of others and making their lives easier.

    It's argued that inheritance tax is the absolute fairest tax and most socially progressive -whats even better is that it isn't a tax on anyone that's alive, so no one can complain about having to pay it.

    The real problem with inherited wealth is that it drives inequality. Wealth begets wealth and inheritance is an unearned advantage.


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    #1101
    Pkiernan
    Registered Users Posts: 4,315 ✭✭✭Pkiernan


    MrMusician18 wrote: »
    It's argued that inheritance tax is the absolute fairest tax and most socially progressive -whats even better is that it isn't a tax on anyone that's alive, so no one can complain about having to pay it.

    The real problem with inherited wealth is that it drives inequality. Wealth begets wealth and inheritance is an unearned advantage.

    why is progressive synonymous with good?


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    #1102
    Pkiernan
    Registered Users Posts: 4,315 ✭✭✭Pkiernan


    To me, never doing a day's work whilst getting looked after from cradle to grave with everything paid for by someone else is the very definition of the word privileged.

    To others its an excuse not to even try to better their own situation.


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    #1103
    Wanderer78
    Registered Users Posts: 28,876 ✭✭✭✭Wanderer78


    Pkiernan wrote:
    To me, never doing a day's work whilst getting looked after from cradle to grave with everything paid for by someone else is the very definition of the word privileged.


    So what causes long term unemployment?


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    #1104
    Cyrus
    Registered Users Posts: 19,752 ✭✭✭✭Cyrus


    Wanderer78 wrote: »
    So what causes long term unemployment?

    An unwillingness to work in most cases


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    #1105
    Wanderer78
    Registered Users Posts: 28,876 ✭✭✭✭Wanderer78


    Cyrus wrote:
    An unwillingness to work in most cases


    Go again!


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    #1106
    Cyrus
    Registered Users Posts: 19,752 ✭✭✭✭Cyrus


    Wanderer78 wrote: »
    Go again!

    An unwillingness to work in most cases


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    #1107
    Wanderer78
    Registered Users Posts: 28,876 ✭✭✭✭Wanderer78


    Cyrus wrote:
    An unwillingness to work in most cases


    Put some effort into it please, there's plenty of research out there on this, there's a similar set of problems occuring amongst prison populations also


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    #1108
    ED E
    Registered Users Posts: 36,166 ✭✭✭✭ED E


    antimatterx wrote: »
    The national broadband plan is going to help majorly. When you have top broadband even at rural locations, people will leave the expensive cities.

    A few, not many.


    People love to say "Oh why doesnt big company X open their office in Mayo", its not broadband thats stopping them. Their workforce want to live in a city. An internet connection a lifestyle not make.


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    #1109
    The Student
    Registered Users Posts: 1,249 ✭✭✭The Student


    Wanderer78 wrote: »
    So what causes long term unemployment?

    Generous welfare system where you have a better standard of living than that which you would have if you worked.


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    #1110
    Wanderer78
    Registered Users Posts: 28,876 ✭✭✭✭Wanderer78


    The Student wrote:
    Generous welfare system where you have a better standard of living than that which you would have if you worked.


    I always wondered about those who say this, have you ever actually tried to survive long term on welfare? spare a thought for those that do, add in a few other things such as little or no education, particularly to third level etc


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    #1111
    mrkiscool2
    Registered Users Posts: 5,159 ✭✭✭mrkiscool2


    Pkiernan wrote: »
    why is progressive synonymous with good?
    Because, in general, its about trying to create a fairer and better society. Progressive just means that's it a policy or idea that removes some of the old biases from our society and thinking. A progression of ideals


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