No no this isn’t happening at all according to the FFG accounts that roam this sub. It’s all in your head.
And anyway I have some hand picked statistic that if you interpret it just right shows that they’re not buying as much as they used to.
And even if they are, Investment funds and foreign buyers are actually a good thing didn’t you know?
What have you got against landlords?
What society needs actually are MORE landlords didn’t you know? Stop demonizing us, it will make the market worse!
The government is actually building loads more houses now, if you look at this very carefully crafted graph that ignores basically every important metric.
Are you a COMMUNIST?
That should cover most of the usual responses to this post.
What do you expect when every policy these lads make is for the investor class. The origin is hardly important here. Most investors/buyers are American, Canadian or UK conglomerates; the Chinese are no different. None of them are better than the other. FFG might as well put an ” on sale” tag on the country.
The easiest solution for now would be to exponentially increase tax on every additional property owned. Exemptions can be made for not for profit landlord groups that rent out affordable homes.
Could be something as simple as a ban but the government of course has no balls for that
>Chinese multimillionaires are using Irish-based property agents to buy homes in south Dublin “sight unseen”, with the good reputation of fee-paying schools in the area being a significant factor in their decision to move here with their families.
So buying and coming to live here.
We don’t need another bogeyman in housing, we need to build more.
You know the housing crisis will be solved when SoDu feels the pain.
I remember this being a big issue in Vanvouver as well. I think they brought in a foreign buyer ban to take the pressure off the housing market.
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https://preview.redd.it/f0w15lgysenc1.jpeg?width=500&format=pjpg&auto=webp&s=435cb4b06fd99935c1a26e26a593be2913789dc8
No no this isn’t happening at all according to the FFG accounts that roam this sub. It’s all in your head.
And anyway I have some hand picked statistic that if you interpret it just right shows that they’re not buying as much as they used to.
And even if they are, Investment funds and foreign buyers are actually a good thing didn’t you know?
What have you got against landlords?
What society needs actually are MORE landlords didn’t you know? Stop demonizing us, it will make the market worse!
The government is actually building loads more houses now, if you look at this very carefully crafted graph that ignores basically every important metric.
Are you a COMMUNIST?
That should cover most of the usual responses to this post.
What do you expect when every policy these lads make is for the investor class. The origin is hardly important here. Most investors/buyers are American, Canadian or UK conglomerates; the Chinese are no different. None of them are better than the other. FFG might as well put an ” on sale” tag on the country.
The easiest solution for now would be to exponentially increase tax on every additional property owned. Exemptions can be made for not for profit landlord groups that rent out affordable homes.
Could be something as simple as a ban but the government of course has no balls for that
>Chinese multimillionaires are using Irish-based property agents to buy homes in south Dublin “sight unseen”, with the good reputation of fee-paying schools in the area being a significant factor in their decision to move here with their families.
So buying and coming to live here.
We don’t need another bogeyman in housing, we need to build more.
You know the housing crisis will be solved when SoDu feels the pain.
I remember this being a big issue in Vanvouver as well. I think they brought in a foreign buyer ban to take the pressure off the housing market.