I wonder what sort of figures you’d get if you asked politicians how much the housing would need to drop to consider the crisis over. 10%? 25%? What about rents, 50%?
Why are they platforming mentally deranged individuals like that?
It does sound stupid but it’s understandable. Every penny you managed to scrounge for years in the past plus a good deal more in the future are bound up in your house at least keeping its value.
Not to mention your retirement prospects.
Go for it. That’s what young people are planning to do anyway in the next election. We’re electing SF for that exact reason.
Burn baby burn.
Every voter in the country, no one wants a house in negative equity. And it is part of the reason for a lot of objections coming in.
I get wanting your house to be worth what you paid for it but a lot of the people who think like this bought when prices were way lower.
Personally I don’t particularly mind what my house is valued at, it’s my home and I never want to sell it. I’d like other people to have the same opportunity to get a home of their own.
Comments here are really telling, they would rather the next generation to pay 2k a month in rent if it meant their house maintains value.
Value that probably won’t even be realised by them, just passed on to their children
Let the rent come down first damn it!
This isn’t satire. This is the reactionary underbelly of waterfordwhispers on full display and it only serves to prop up the ruling class narrative around housing and their feigned helplessness to sort it out.
l bought my house for €340,000 in 2013 and houses on my road with much smaller gardens than mine have gone for €850,000+ recently. Thanks to FG I’m a Millionaire on paper and just like the guy in that article l don’t want to see my house drop by a red cent. Instead l do a little dance in my kitchen each morning thinking of the couple of hundred euro a day my house shoots up in value as l just sit on my hole. I will vote FG to the Grave as every other home owner will also and this is why nothing will ever change,there are a couple of million home owners who will vote FG To keep the Status Quo and this is how it is and ever shall be and If we see ANY drop in House prices there would be hell to pay. Don’t blame us,anyone who bought property in the last decade were made accidental millionaires inadvertently by Government Policy but we are not complaining. While poor Schleps throw dead money away by renting, we House owners are just getting richer by doing absolutely nothing,there are Winners (House owners) and Losers (Renters) in Society now and this is just how its going to be.
This is my da exactly.
“If Sinn Féin we’re in power, the value of this house would drop massively.” Like surely that’s a good thing? He never plans on selling this house so it’s not like it would have any negative effect on him anyway.
Jeebus Christ, fuck those people. Housing is a basic necessity, house’s value shouldn’t matter a single bit, because it must be an affordable commodity. Screw those feckin leeches, they deserves to see 80% if not 95% drop of value. Houses shouldn’t cost much more than materials and labour. Something like 5% or 10% margin is reasonable, but not much more. If they want to speculate, they should stock up on feckin bitcoin. Houses are necessity, not a toy for rich wankers to play with. I wish that we could just short squeeze those knobs like people did with GME to Melvin Capital.
We need to scrap inheritance of land/property. Major downward redistribution of wealth is needed. Otherwise the system will cease to function.
13 comments
I wonder what sort of figures you’d get if you asked politicians how much the housing would need to drop to consider the crisis over. 10%? 25%? What about rents, 50%?
Why are they platforming mentally deranged individuals like that?
It does sound stupid but it’s understandable. Every penny you managed to scrounge for years in the past plus a good deal more in the future are bound up in your house at least keeping its value.
Not to mention your retirement prospects.
Go for it. That’s what young people are planning to do anyway in the next election. We’re electing SF for that exact reason.
Burn baby burn.
Every voter in the country, no one wants a house in negative equity. And it is part of the reason for a lot of objections coming in.
I get wanting your house to be worth what you paid for it but a lot of the people who think like this bought when prices were way lower.
Personally I don’t particularly mind what my house is valued at, it’s my home and I never want to sell it. I’d like other people to have the same opportunity to get a home of their own.
Comments here are really telling, they would rather the next generation to pay 2k a month in rent if it meant their house maintains value.
Value that probably won’t even be realised by them, just passed on to their children
Let the rent come down first damn it!
This isn’t satire. This is the reactionary underbelly of waterfordwhispers on full display and it only serves to prop up the ruling class narrative around housing and their feigned helplessness to sort it out.
l bought my house for €340,000 in 2013 and houses on my road with much smaller gardens than mine have gone for €850,000+ recently. Thanks to FG I’m a Millionaire on paper and just like the guy in that article l don’t want to see my house drop by a red cent. Instead l do a little dance in my kitchen each morning thinking of the couple of hundred euro a day my house shoots up in value as l just sit on my hole. I will vote FG to the Grave as every other home owner will also and this is why nothing will ever change,there are a couple of million home owners who will vote FG To keep the Status Quo and this is how it is and ever shall be and If we see ANY drop in House prices there would be hell to pay. Don’t blame us,anyone who bought property in the last decade were made accidental millionaires inadvertently by Government Policy but we are not complaining. While poor Schleps throw dead money away by renting, we House owners are just getting richer by doing absolutely nothing,there are Winners (House owners) and Losers (Renters) in Society now and this is just how its going to be.
This is my da exactly.
“If Sinn Féin we’re in power, the value of this house would drop massively.” Like surely that’s a good thing? He never plans on selling this house so it’s not like it would have any negative effect on him anyway.
Jeebus Christ, fuck those people. Housing is a basic necessity, house’s value shouldn’t matter a single bit, because it must be an affordable commodity. Screw those feckin leeches, they deserves to see 80% if not 95% drop of value. Houses shouldn’t cost much more than materials and labour. Something like 5% or 10% margin is reasonable, but not much more. If they want to speculate, they should stock up on feckin bitcoin. Houses are necessity, not a toy for rich wankers to play with. I wish that we could just short squeeze those knobs like people did with GME to Melvin Capital.
We need to scrap inheritance of land/property. Major downward redistribution of wealth is needed. Otherwise the system will cease to function.