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

Seriously? No one is saying that.

To summarise, poster wants a 3 bed house in the most expensive market in the country, but can’t afford it on a single wage. Other, smaller properties are available within the poster’s budget, they can be viewed on daft apparently.

Its the same for hotel rooms. Either you get the small hotel room with the single bed or you pay the "occupancy" tax to get the bigger room.

I would be a big believer in only buying what you need when you need it too.

But if you go back a few years the government were stinging people with tens of thousands in stamp duty every time they traded up (or down even).

People dont forget that and will be very aware that stamp duty could go up overnight costing them tens of thousands if they ever want to trade up.

Hah! You are being deliberately obtuse, I'm not wasting any more time on you, you know that's not what I'm saying. Best of luck now.

So you're still going to maintain that it's perfectly fine for our native people be forced to emigrate while we import truckloads of immigrants?

This argument is bogus, the OP (and I'm wondering who tf the OP is seeing as this thread started a long long time ago) but anyhow to address dashdoll's query - their income and possible mortgage is possibly equal to a lot of couple's combined mortgage applicant's income. The fact that the poster cannot buy a house on such an income whether on his own or with a family in-tow is a symptom of the state of our dysfunctional housing market but hey, let's just attack the poster instead for getting above themselves and expecting some sort of return for all their years of saving and working.

No in is forcing them if they can find somewhere to rent or buy and there are places cheaper than the big cities then go for it. As I said this country has been emigrating its people since well before the formation of the state over a century ago its just the entitlement was not as pronounced as it is today. In fairness we are looking at a war for the truckload your talking about, should we turn the Ukrainians away?

So you're saying we need a war in this country to get housing? Amen to that.

We can’t always get what we want newmember, and the reality is that two incomes, for the most part will allow the applicants to get a bigger mortgage, unless the single person has a higher income, which I did mention in an earlier post.

It is easy to blame others when we don’t get what we want, but dashdoll is in a position to buy a house, just not the size, in the location he/she wants. That predicament isn’t unique to Ireland, and unlike many others who have families where a larger house is essential, dashdoll does have options.

So wind your neck back in.

Separate thread needed for anyone who thinks the property market is dysfunctional because if you come on here you are told you're a whinger, delusional or a conspiracy theorist and to cut your cloth accordingly. Its the same thing as saying theres nothing wrong with our housing market despite all the posters here trying to say it isnt. Totally disingenuous Im alright jacks everywhere. Pathetic.

Of course its dysfunctional. There's clearly not enough affordable homes to meet demand.

But that's not Doll's problem. So stop conflating the two issues, you're just clogging up the thread with your ignorance.

It is their problem. Why shouldnt they want more for what they are offering. A single person on 80k income with 60k saved who cant get a 3 bed semi in Dublin (not some fixer upper hovel half way to Athlone) has everything to do with a dysfunctional housing market. It just suits you to say it isnt. Call me ignorant all you want but you are pretending to be ignorant and it's obvious.

That simply isn’t the way it works. A single person who can’t buy any house despite earning 80k and having 60k in savings is a different scenario to the same person wanting a 3 bed house near work in one of the most expensive locations in the country.

This stuff isn’t difficult to understand.

Walkinstown is 6.5km from Grafton Street.

"Yeah its a 3 bed house in South Dublin but its not the right kind of 3 bed house in South Dublin!"

Okay cool. Yeah someone with 60k + 80k p.a. is suffering from hardship clearly.

Intergenerational wealth is such a massive problem. There was a study done back in 2020 and of Irish families on the median income, those that own their own property had a net worth of over €300,000, those that rented had a net worth of about €5,000. Think of the amount of money homeowners have to pass on compared to those that don't.

Those in power are worried about their next election. Kicking the planning system into gear and looking at inheritance tax could change things a good deal but when they picture it they just see the dole queue forming in front of their eyes as their base, largely homeowners, turn to a party that will promise the opposite.