I’m not saying it’s a bad idea. I’m suffering the same problem and it’s eating me alive year after year. I hope it’s not just populism and once they’re elected, zero change 🤞
Do we have any lower offers?
SF back to around 30% after a slippage late last year
At that price I could buy two and rent one out!
/s
Has she a magic wand?
300 is the lowest entry point for a gaff that’s just half shitty
I’m actually somewhat surprised it is as popular as it is. Home ownership in Ireland remains at 66% and I imagine many voters would be against the devaluation of their holding, whether a realised gain or not.
I would have thought it would be unpopular amongst recent buyers too. The CSO have said the average house price in Dublin is about €430,000. If they put down a house deposit of 10%, they took a mortgage of €387,000 at a fixed rate for four or five years. After that period of time, they will hopefully have lowered their LTV ratio to secure a lower interest rate. If the value of the property has dropped in that time, their LTV may well remain at 100% and securing a lower interest rate may not be feasible.
Never gonna happen. Ever.
Standard Mary Lou nonsense.
What a ridiculous comment opposition is such an easy position just disagree with everything the government says and tell the people they would give them everything they want! €300,000 average house price in Dublin as if that’s possible, the worrying thing is that people will believe this is possible and then be shocked when SF go into government and do nothing
Only way the average price in Dublin falls to €300k is a massive economic crash. That’s quite a bit less than it costs to even build a new property (even before the increase in costs if we try to scale up construction more).
A silly proposal – you can promise to build more homes without unrealistic shite like this.
€300k in Dublin is definitely doable if you sell houes without roofs 🙃
I call for the return of the euro saver menu.
Houses should be 250,000. Give me my votes.
Next week: Mary Lou calls for gold bars for everyone.
300k for an average house in Dublin? What does she constitute as average ?
Remembering this is the party that called anyone earning over 70k as wealthy under Gerry Adams 😂😂
In what possible way could SF get average house prices to €300k?
It’s absolute nonsense. The fact that so many voters are responding positively to an impossible promise is worrying.
I’m exactly the voter SF wants. No party affiliation, no allegiance. I’ve been thinking for the last year or so, I probably will vote SF but the closer it gets, the more unsure I become.
Anyone who says, “sure it can’t be any worse”, is a fool. It can always get worse.
What does that even mean? This is actually a poll of how much of the public are completely delusional and thick
Is this not the average price nationwide?
Can an average income of €44K even get this? Wouldn’t they still need a €50K deposit? Also how do you stop people bidding more? Even at 10%/€30K on an average income of €44K, your still short €100K as you max mortgage would be €177K. I think everyone agrees HTB is a mess and just pushed prices up. Even with the HTB your still going to be short.
Pure populism and an odd shift away from social housing bring made available for all incomes.
If you think that a 300k average house price in Dublin is a realistic target, you’re as gullible as every other idiot that votes for populists.
McDonnell is talking out of her hole and she knows it. The average cost to build a 3 bed semi in Dublin is pushing the guts of 450k, so how is she going to square that sum? Does she have some sort of magic wand to triple the country’s building capacity or is she going to take some sort of disastrous economic policy to push house prices down?
If it’s the former, then last time the average house price in Dublin was 300k was in 2004 on the way up in the economic boom, and in 2008 in on the way down in crash. I can tell you right now that if you’re too young to remember what it was like to be working in 2008, pray you never have to find out. A 300k house in Dublin under those economic conditions meant that you’re probably going to be unemployed, and not getting a mortgage anyway.
So the average salary would need to be 77k if they want a mortgage with 10% down payment
Lots of angry landlords in here. LOL.
What’s an average house?
Haha Jesus, the dumb fuckers who think this is possible must think there’s gold at the end of rainbows
Also in the article for people just reading the headline of an article written by Philip Ryan, political editor of the Irish Independent and co-author of the book, Leo: A Very Modern Taoiseach.
Sinn Féin party support increased by two points to 30pc. Fine Gael’s support has dropped one point to 20pc and Fianna Fáil has dropped two points to 17pc. Fianna Fáil are now on the same level of support as Independents, also 17pc.
More voters (41pc) now say they would prefer a Sinn Féin led government excluding Fine Gael and Fianna Fáil rather than see the current administration return (40pc) to power after the next general election.
I’d love to know how she thinks that will be achieved.
She can either build a phenomenal amount of houses (won’t happen)
Raise interest rates (can’t happen)
Reduce or resettle the population (how and where?)
Or disappoint another generation of young people with lies in exchange for power – this is the answer and instead build a modest number of houses.
News just in – “Public don’t know what they are talking about”
Would everyone back me if I said houses should be €50,000. I can’t make it happen but I think that’s what they should be.
So is she happy to have her house degraded?
I’d like Sofia Vergara to tongue my ball sack. Let’s see who gets lucky first.
I’ll never understand this. I’m exactly who they want voting for them. I’m distinctly middle class. Own a gaff. Own my own business. And am DESPERATE for a political change.
But SF? With that nonsense. No fucking way.
This is just complete nonsense. Surveys are not good for this sort of thing.
If you asked people if they think houses in Dublin should be free they’d probably say yes too.
You can’t just dictate prices like that. You have to do things to bring the costs down. If she’s just planning to cap house prices, we will be looking back fondly to these days when the housing crisis wasn’t that bad.
34 comments
I’m not saying it’s a bad idea. I’m suffering the same problem and it’s eating me alive year after year. I hope it’s not just populism and once they’re elected, zero change 🤞
Do we have any lower offers?
SF back to around 30% after a slippage late last year
At that price I could buy two and rent one out!
/s
Has she a magic wand?
300 is the lowest entry point for a gaff that’s just half shitty
I’m actually somewhat surprised it is as popular as it is. Home ownership in Ireland remains at 66% and I imagine many voters would be against the devaluation of their holding, whether a realised gain or not.
I would have thought it would be unpopular amongst recent buyers too. The CSO have said the average house price in Dublin is about €430,000. If they put down a house deposit of 10%, they took a mortgage of €387,000 at a fixed rate for four or five years. After that period of time, they will hopefully have lowered their LTV ratio to secure a lower interest rate. If the value of the property has dropped in that time, their LTV may well remain at 100% and securing a lower interest rate may not be feasible.
Never gonna happen. Ever.
Standard Mary Lou nonsense.
What a ridiculous comment opposition is such an easy position just disagree with everything the government says and tell the people they would give them everything they want! €300,000 average house price in Dublin as if that’s possible, the worrying thing is that people will believe this is possible and then be shocked when SF go into government and do nothing
Only way the average price in Dublin falls to €300k is a massive economic crash. That’s quite a bit less than it costs to even build a new property (even before the increase in costs if we try to scale up construction more).
A silly proposal – you can promise to build more homes without unrealistic shite like this.
€300k in Dublin is definitely doable if you sell houes without roofs 🙃
I call for the return of the euro saver menu.
Houses should be 250,000. Give me my votes.
Next week: Mary Lou calls for gold bars for everyone.
300k for an average house in Dublin? What does she constitute as average ?
Remembering this is the party that called anyone earning over 70k as wealthy under Gerry Adams 😂😂
In what possible way could SF get average house prices to €300k?
It’s absolute nonsense. The fact that so many voters are responding positively to an impossible promise is worrying.
I’m exactly the voter SF wants. No party affiliation, no allegiance. I’ve been thinking for the last year or so, I probably will vote SF but the closer it gets, the more unsure I become.
Anyone who says, “sure it can’t be any worse”, is a fool. It can always get worse.
What does that even mean? This is actually a poll of how much of the public are completely delusional and thick
Is this not the average price nationwide?
Can an average income of €44K even get this? Wouldn’t they still need a €50K deposit? Also how do you stop people bidding more? Even at 10%/€30K on an average income of €44K, your still short €100K as you max mortgage would be €177K. I think everyone agrees HTB is a mess and just pushed prices up. Even with the HTB your still going to be short.
Pure populism and an odd shift away from social housing bring made available for all incomes.
If you think that a 300k average house price in Dublin is a realistic target, you’re as gullible as every other idiot that votes for populists.
McDonnell is talking out of her hole and she knows it. The average cost to build a 3 bed semi in Dublin is pushing the guts of 450k, so how is she going to square that sum? Does she have some sort of magic wand to triple the country’s building capacity or is she going to take some sort of disastrous economic policy to push house prices down?
If it’s the former, then last time the average house price in Dublin was 300k was in 2004 on the way up in the economic boom, and in 2008 in on the way down in crash. I can tell you right now that if you’re too young to remember what it was like to be working in 2008, pray you never have to find out. A 300k house in Dublin under those economic conditions meant that you’re probably going to be unemployed, and not getting a mortgage anyway.
So the average salary would need to be 77k if they want a mortgage with 10% down payment
Lots of angry landlords in here. LOL.
What’s an average house?
Haha Jesus, the dumb fuckers who think this is possible must think there’s gold at the end of rainbows
Also in the article for people just reading the headline of an article written by Philip Ryan, political editor of the Irish Independent and co-author of the book, Leo: A Very Modern Taoiseach.
Sinn Féin party support increased by two points to 30pc. Fine Gael’s support has dropped one point to 20pc and Fianna Fáil has dropped two points to 17pc. Fianna Fáil are now on the same level of support as Independents, also 17pc.
More voters (41pc) now say they would prefer a Sinn Féin led government excluding Fine Gael and Fianna Fáil rather than see the current administration return (40pc) to power after the next general election.
I’d love to know how she thinks that will be achieved.
She can either build a phenomenal amount of houses (won’t happen)
Raise interest rates (can’t happen)
Reduce or resettle the population (how and where?)
Or disappoint another generation of young people with lies in exchange for power – this is the answer and instead build a modest number of houses.
News just in – “Public don’t know what they are talking about”
Would everyone back me if I said houses should be €50,000. I can’t make it happen but I think that’s what they should be.
So is she happy to have her house degraded?
I’d like Sofia Vergara to tongue my ball sack. Let’s see who gets lucky first.
I’ll never understand this. I’m exactly who they want voting for them. I’m distinctly middle class. Own a gaff. Own my own business. And am DESPERATE for a political change.
But SF? With that nonsense. No fucking way.
This is just complete nonsense. Surveys are not good for this sort of thing.
If you asked people if they think houses in Dublin should be free they’d probably say yes too.
You can’t just dictate prices like that. You have to do things to bring the costs down. If she’s just planning to cap house prices, we will be looking back fondly to these days when the housing crisis wasn’t that bad.
Ahhh yes, good old fashioned populism.
Hard to beat it