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The Housing Market |
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Zinedine Kilbane 110 
Jack Charlton 
Man City records obsession Joined: 20 Mar 2012 Location: Dundalk Status: Offline Points: 9647 |
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 Posted: 13 May 2021 at 6:05pm |
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Of course it won’t but how do you break it to a lad he will be living with his parents for a lot longer. You have to give him some hope and tell him it will be okay next year.
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Baldrick
Robbie Keane
Peyton-tly Pedantic Joined: 18 Sep 2008 Location: Ireland Status: Offline Points: 32791 |
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Posted: 13 May 2021 at 5:45pm |
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Let’s tease this out a little. For arguments sake you are living in Dublin and you have rented all your life spending more money per month on rent than you would on your mortgage. In addition your rent goes up every year or two whereas your mortgage payment generally stays the same or May go down. Then when you retire you still have to pay rent even though your income may have halved if you are lucky. What would you propose For a 67 year old who has never bought.
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AKA pedantic kunt
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9fingers
Paul McGrath 
Ballymun Resident #MONKEANO Joined: 30 Jan 2010 Status: Offline Points: 16144 |
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Posted: 13 May 2021 at 5:42pm |
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I’ll sell my house tomorrow and rent it back for 3x times my mortgage
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9fingers
Paul McGrath
Ballymun Resident #MONKEANO Joined: 30 Jan 2010 Status: Offline Points: 16144 |
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Posted: 13 May 2021 at 5:41pm |
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They really really aren’t. What they are blocking is the handing over of public land to private developers in exchange for 20% “public housing”
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Il Principe
Davey Langan 
Joined: 30 Mar 2012 Status: Offline Points: 961 |
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Posted: 13 May 2021 at 5:39pm |
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why the obsession with buying a house, all you do is make the banks even richer
use all that money to start a business, educate yourself, invest etc renting is not a scam, it's gives people freedom, move whenever, no maintenance or hassle etc 30 year mortgage and then after that they sell the exact same house to some other poor sod for another 30 years, it is not a good investment, the interest you pay over that time could buy another house ffs more often than not you never even own the house, the bank does
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horsebox
Robbie Keane
Born n bred in darndale. Joined: 03 Feb 2010 Location: Ireland Status: Offline Points: 34870 |
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Posted: 13 May 2021 at 5:36pm |
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Why will everything be fine in a year?
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It was far across the sea,
When the devil got a hold of me, He wouldn't set me free, So he kept me soul for ransom. na na na na na na na na na na na na na na na na na. I'm a sailor man from Glasgow to |
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Shedite
Jack Charlton
Joined: 09 Dec 2011 Status: Offline Points: 9820 |
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Posted: 13 May 2021 at 5:33pm |
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Yeah the past year has been a disaster for people house hunting. Construction slowdown reduced supply, and people saving more boosted demand.
I know it’s tough to do but if ya can sit it out another year this temporary spike should resolve a bit
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ShamtheRam
Paul McGrath
Joined: 05 Apr 2009 Location: Ireland Status: Offline Points: 18146 |
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Posted: 13 May 2021 at 5:20pm |
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Last week was the straw that broke the camels back. The vulture funds snapping up housing and then the back slapping about the affordable housing at prices circa 400k...it shows how out of touch they truly are with people.
I'm 32, living at home, have a good job, decent savings and decided it's time to buy a house. I worked all through Covid so plenty of extra money at my disposal. Houses will be almost given away surely??... How wrong I was. Prices have gone up. Housing estates, certainly down this way have seen increased building and in some cases this has meant nice quiet estates have all been turned into nothing short of a favela, with every extra bit of concrete hijacked to have a house on it. I applied for a mortgage back in June and got accepted. What I got couldn't get me a fancy shed however, never mind a house. I saved my arse off in the interim 6 months and reapplied. Extra savings plus a raise at work. I'm thinking I'm looking at a decent increase here... I managed to show a projected increase of about an extra 12k for 2021 and my approved mortgage went up by.....4000 euro. I refuse to rent. Its a scam. Unfortunately it seems the housing market is an ever bigger scam. Its an absolute joke what people get away with. Estate agents have the power to literally make it up as they go along and take full advantage.
Edited by ShamtheRam - 13 May 2021 at 7:50pm |
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YBIG NPF founder and CEO
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nvidic
Moderator Group
Joined: 03 Aug 2010 Status: Offline Points: 18997 |
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Posted: 13 May 2021 at 5:04pm |
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In my own experience in the council its the FG members that block most things, talking out both sides of their mouth.
I used to work at the housing policy meetings, same councillors blocking things over and over on nimbyism grounds. Mainly elderly long serving councillors.
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horsebox
Robbie Keane
Born n bred in darndale. Joined: 03 Feb 2010 Location: Ireland Status: Offline Points: 34870 |
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Posted: 13 May 2021 at 5:02pm |
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All 1st hand, 2nd hand and apartments are being hoovered up by Vulture funds with heavy tax incentives. People aren't getting an opportunity to buy. The video clips above sums it up to be fair. |
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It was far across the sea,
When the devil got a hold of me, He wouldn't set me free, So he kept me soul for ransom. na na na na na na na na na na na na na na na na na. I'm a sailor man from Glasgow to |
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Shedite
Jack Charlton
Joined: 09 Dec 2011 Status: Offline Points: 9820 |
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Posted: 13 May 2021 at 4:44pm |
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theheff1989
Ray Houghton
My name badge won a prize Joined: 08 May 2012 Location: Wexford Status: Offline Points: 4667 |
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Posted: 13 May 2021 at 3:55pm |
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The lads some it up.
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McG
Moderator Group
SISAO? What the hell is SISAO? Joined: 27 Jan 2008 Location: Christmas Island Status: Offline Points: 27003 |
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Posted: 13 May 2021 at 3:44pm |
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A myriad of issues. Mainly unaffordability and yes, the vultures.
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YBIG Table Quiz winner 2016 & 2017
AS YOU WERE McGx |
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Shedite
Jack Charlton
Joined: 09 Dec 2011 Status: Offline Points: 9820 |
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Posted: 13 May 2021 at 3:28pm |
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McG
Moderator Group
SISAO? What the hell is SISAO? Joined: 27 Jan 2008 Location: Christmas Island Status: Offline Points: 27003 |
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Posted: 13 May 2021 at 3:08pm |
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No doubt this will spell the end for the current government but you cant help but feel that there is now enough noise being made that something might be done.
What a joke of a country
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YBIG Table Quiz winner 2016 & 2017
AS YOU WERE McGx |
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horsebox wrote: