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Stow_judge
10 Feb 17 09:56
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Date Joined: 10 Mar 01
| Topic/replies: 10,954 | Blogger: Stow_judge's blog
THEY have driven people into wage slaves. Real wages have gone down, while property prices have been elevated to unaffordable levels for most.
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Report p_r_e_m_i_e_r__f_a_n_t_a_s_y February 10, 2017 10:13 AM GMT
You're just joining the club, most wages over here would not even cover the rent in Dublin. €1,800 a month for a bog standard 2 bedroom apartment these days. Cost of living keeps rising, wages have stayed stagnant since dropping during the recession.
Report Stow_judge February 10, 2017 10:17 AM GMT
That's really sad. I presume many are departing then?
Report p_r_e_m_i_e_r__f_a_n_t_a_s_y February 10, 2017 10:29 AM GMT
Aye doesn't help when the thick cants keep electing the same useless fackwit politicians (who a lot happen to be landlords) who have no idea (or no intention) of fixing the problem. They build f all new properties despite a massive need for more, Dublin county council keep blocking any intention of building up as they think it will ruin the Dublin skyline despite a huge homeless crisis, they have now started building on a site about 8-10 miles outside the city centre just off the M50, they're planning on building a new town and 30,000 houses. They should be building 200,000+ apartments instead to try and force rental prices down to an affordable and realistic level and people who are working may not end up living below the poverty line.
Report 1st time poster February 10, 2017 10:36 AM GMT
housebuilders,pension providers,government bonds in housebuilders,other than those trying to get on the housing ladder its in no ones interest [ including current house owners ] to create more cheaper housing,these are the reasons the situation has happened in the 1st place,artificaly inflating the house price bubble,low interest rates,rent to buy etc,etc,takes generations to turn around a 20 yr housing,interest rate policy
Report Stow_judge February 10, 2017 10:54 AM GMT
Building more is not the only way to get the prices more aligned with reality. They have irresponsibly put in policies to encourage the bubble. When interest rates start to rise, many will lose their homes. The UK government maybe turned the tide with the extra tax on people's additional properties, though they have left it open for now with the taxation of ownership of additional properties within companies.
Report Stow_judge February 10, 2017 10:57 AM GMT
I really should have read your post 1st time poster, before posting Blush
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