“One Person’s Rent Is Another Person’s income” – In all fairness to Leo Varadkar, it was one of the most Fine Gael things that’s ever been said. He knows where the votes for his party come from and it’s certainly not the bottom 40% complaining about rent and inflation.
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I would have thought this was obvious. Anyone/parents who bought a house in the 1990’s has benefitted hugely from the property market. Friend bought his house for £90,000 in 1995, sold for €600,000 recently.
Paul Sommervilles profile photo looks like my dad’s business associate who sold him a dodgy pyramid scheme back in the 80s
Love how outcomes are attributed to some machiavellian plan. As if.
I don’t think it’s a dirty little secret, it’s dirty but not a secret.
I’ve an acquaintance that has no intention of moving but got his house valued anyway and absolutely loves telling everyone as often as he can it’s gone up €90k since he bought it – also a devout Fine Gael voter.
I don’t think it is any big secret, people who bought houses also hope to be able to leave something of worth to their kids when they pass on.
Middle-aged and older folks who own their homes are happy about price rises. It means their home is worth more, so obviously that is great for them. Folks who own rental property are also very pleased, as they can now charge higher rents.
Young people and lower income folks suffer greatly due to the housing price rises. The young folks can’t afford a first property and low income renters are hit with rising monthly rent bills.
This is an example why it matters which economic class you are in. The rich get richer and the poor get poorer. That has been a law of nature for centuries.
It’s not a conspiracy if the players already think the same way.
Is it a secret?
I always assumed this was widely known.
How is Ireland different to the rest of the world? It seems like someone getting 1,500 likes for pointing out that people drink water.
The house next to me was a self build, owners told me it cost only 150k to build but they sold the house already on the plot for 300k (house I currently rent). They just put the self build on the market for 850k and it’s not even that nice
First thing we need to do in Ireland is open up the Revenue records of all the people who had offshore bank accounts, who then brought their stolen money back into Ireland through tax amnesties. It would be interesting reading in every small village in Ireland.
I like that Varadkar is honest about it. Most FG TDs are better at hiding it.
And, if you’re voting FG then you’re pretty honest about it too. Although every FG voter gets their nose out of joint when they’re called Tories. As if their policies are somehow different.
However, it’s the people who vote FF irrespective that are destroying the country.
The only place that’s a secret is on twitter or reddit.
Huge cohort- so, electoral constituency? Fuken Republic, an its demokrasey!
See- Repubilc. Democracy.
Leo Varadkar is now also a landlord, from sometime after having made that statement.
Come on fellow Gen Z’ers
We may have our differences, but we must unite against a common enemy if we are to be able to afford property
Surely we don’t have more landlords than tenants. 🤔 Sorry. I don’t get this point.
I mean, vote the cunts out. Surely the numbers are against FF and FG.
The system was bad before but fuck me, funds buying up all the homes we SHOULD be living in is driving me mad. There are private landlords here but the real problem are the multinationals buying up swades of homes.
SQUAT
Doesn’t Leo own property that he himself rents out? He’s gaining an income from being a landlord
Bought/changed house 2 months ago and the house next door has just sold for 30k over what I paid, bearing in mind my own is twice the plot size, extended & refurbished. The one next door is a single glazed standard house from an elderly person.
I didn’t get it cheap, though it’s really showing how quickly the market is moving. Prices which used to move in years are now moving in weeks.
If you bought a home and wernt in there for investment but all of a sudden (pick a decade) your house price went up. You’d feel great
Uhh… that’s not a “dirty little secret”. Appreciation of property value is quite a well known reason many people buy homes, and it’s the driving motivator behind neighbours caring how you maintain your home. Nosey neighbours are usually just people who don’t want property values to sink
Kinda like the ol says