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Chit Chat
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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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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.
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That's really sad. I presume many are departing then?
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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.
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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
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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.
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I really should have read your post 1st time poster, before posting
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