Inflationary government housing policy, inflates housing prices. Hard to believe this could have happened really.
They’ve tried nothing and are all out of ideas
When I opened Reddit this morning I was glad, now I am sad.
Merry Crisis
All they have to do is build council houses. It’s the only housing policy that hasn’t driven up prices.
I live in a 3 bed semi d in a commuter town. Bought almost 3 years ago. The new phase has gone on sale and the same house as the one I bought is now €105,000 more expensive. Crazy
Since I bought my house 5.5 years ago it’s gone up €120k (last sale agreed price). If the house that’s on sale now goes for asking then it will be €160k.
Majority of the population don’t want house prices to go down. The state pension holdings don’t want the property price to go down.
It’s a disgusting situation, which I’ve lost faith that anyone intends on fixing.
Perhaps if more people on this sub got active politically something could happen.
8 comments
Inflationary government housing policy, inflates housing prices. Hard to believe this could have happened really.
They’ve tried nothing and are all out of ideas
When I opened Reddit this morning I was glad, now I am sad.
Merry Crisis
All they have to do is build council houses. It’s the only housing policy that hasn’t driven up prices.
I live in a 3 bed semi d in a commuter town. Bought almost 3 years ago. The new phase has gone on sale and the same house as the one I bought is now €105,000 more expensive. Crazy
Since I bought my house 5.5 years ago it’s gone up €120k (last sale agreed price). If the house that’s on sale now goes for asking then it will be €160k.
Majority of the population don’t want house prices to go down. The state pension holdings don’t want the property price to go down.
It’s a disgusting situation, which I’ve lost faith that anyone intends on fixing.
Perhaps if more people on this sub got active politically something could happen.
You can thank the ECB for that
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