Softening house market?

Houses prices will rising or will not falling because there is supply and demand issues.Usual wishful thinking templates used and in use already.

Reality is :

Small landlords selling them houses because try earn money as did before.Sell on the top buy on the bottom.But wait ! Inflation make money less worthy so they risk not get anything cheaper ? So why they selling the cow which give milk ?

Every recession will come with higher unemployment.Many unemployed people will have leave country because will not afford pay sky high rents.Today rents are a lot higher then in 2008.So who said this not gonna happen ?

Unemployment also will cause less mortgage receivers.Who will buy houses when people will not get mortgages ? Because they are unemployed or ECB rates will make mortgages less affordable ?

Savings rising and buyers will buy for cash ? Wait a minute ! Who said those who has savings in cash will buy houses ? Might be opposite daddies and mummy's will help them unemployed children cover mortgage payments ?

The investment and coockoos are most biggest buyers of property in Ireland.They actually main investment engine of building industry in Ireland and main problem of supply because they buy 30-140 houses in one go.Who said they will not get rid of assets and will not start Sell Off fixing profits on the top ? Or because shares holders in USA due with money shortage will not start pumping money from those companies ?

So folks there is many for and against but please don't tell that prices will not falling because is supply and demand or inflation.Could be different then you think.

Shortage of labor show that Ireland getting to expensive to come and work.

Higher rents and shortage of houses will put pressure on cheap labour market and will make Irish export shrink or will make export less competitive on foreign markets.

Labor are fuel of the economy and when labor will start to leave (already did) this will put huge pressure on country economy .The shortage of cheap labour started already and you could see it from small shop to queues in Dublin airport.Ireland getting to expensive to live work and create business.

Unfortunately many refugees not willing take work places for many reasons.The main is low quality or no education.Labour force from Eastern Europe was more educated and qualified.But due with cost of living in Ireland and rising incomes at home many of them left or leaving already.

I know lads which do work on sites and people from hire plants.The guys from sites already selling sets of them tools because no job and people from hire plants saying that things are mad quiet and machines returning from sites.All this happening at busiest for sites time of the year !

Surely guys from sites will back to own countries at summer Holliday some of them will stay at home abroad trying save money not paying crazy rents in Ireland or simply taking job at home.

Some Irish lads will go to Thailand some to Ausies or USA were they worked during recession in Ireland.UK still waiting for right lads no matter there is slow down too.

But if you have good flow of coins to your pocket and not gonna take loan .If you looking for right lads doing right job,not the monkeys for peanuts.Why not then ?

But things in September will start changing rapidly.To the bad side for sure.

Who knows ? Live in Ireland quite expensive.Lets see how things will goes.