You'd be surprised how few people are hypnotised by the "American dream". In the Philippines for example, a worker is as likely to go to Dubai or Singapore for a job as the US. Or alternately follow the oil companies. They go where the work is.Its more to do with the psyche in those countries. Traditionally the US has been the mecca for those looking for a better life, and this still continues to be the case even today.
Have you got one single statistic to back that rather sweeping and extravagant claim up?The best brains from these countries still go to the US where they are offered the best jobs and the highest salaries. Can you honestly say that there is any serious R&D going on in the Irish subsidaries of US multinationals here. The IT consultants that you talk about are mostly people who have qualified from second tier institutions and not from the premiere colleges.
Ah no now you're way off track There are over 275,000 houses sitting empty around the country. Thats a whole heap of renters, and that excludes the fact that the rental market is oversaturated with places to stay at the moment.But they may act to prevent dramatic house price falls in nominal terms, by proping up the rental market. Honestly I think the demographics will result in static prices (on average) in nominal terms over the next 10 or so years. I do think prices will fall somewhat in less desirable areas. And I think they could still rise somewhat in prime areas.
Have you got one single statistic to back that rather sweeping and extravagant claim up?
Anti - Flipping measures in the next budget?
Finna Fail specialise in closing the door after the horse has bolted.
Anti - Flipping measures in the next budget?
Finna Fail specialise in closing the door after the horse has bolted.
Speaking at the publication of new figures showing that housing output continues to rise at record levels, the Minister said he would be speaking to the Minister for Finance about the possibility of introducing measures in the next Budget to curb property speculation.
From today's Indo......
Aren't the number of new builds started this year way down on previous years?
It was widely reported in the media in the last couple of months. I'm talking about new builds started, not completed.
The two articles you point to relate to Indians in America. They don't have a bearing on the quality of students coming to Ireland. And again, you refer only to India, whih is but one source of immigrant workers in Ireland.Just look at the number of H1B visas and the proportion of them granted to Asian countries. I am in academia and most of the applications we get for postgraduate studies are from institutions that we would classify as second tier colleges. Graduates entering any of the premiere instutions are guaranteed a ticket to the US the day they start their course.
Take a look at the followng links:
The article you quoted referred to new builds completed this year.
The two articles you point to relate to Indians in America. They don't have a bearing on the quality of students coming to Ireland. And again, you refer only to India, whih is but one source of immigrant workers in Ireland.
Unless you are the Minister responsible for accepting postgraduate students to Irish courses, or have a paper released by same, you aren't in a position to comment on the overall quality of foreign students arriving in Ireland from poor countries. And in any case, we aren't talking about students here.
And to wrap it up, as it becomes less germane to the discussion, the average wage in India is 5 to 10 bucks a week. Even on minimum wage here, an Indian can go back home and live like a king after a few years working.
Even assuming what you say is true, you don't need to get a job in the civil service if you don't need to work again. And if you do feel the need to work again, you have more than enough capital to open your own business, whatever that may be.
Any suggestions on how they would go about this?Expect this loophole to be closed off in the next budget.
Any suggestions on how they would go about this?
Higher CGT for properties sold within 5 years
"investor tax" on mortgate repayments
Make investors have to prove property is being rented out, penalty if it is not.
Offer a reward for any tennant who rats out a non registered landlord.
Not sure how workable these are, any other ideas?
maybe they will just finally do the recommendations in the Bacon report?
There are a few posters on this thread that go on-and-on-and-on with a private mini-discussion - why don't you PM each other?
Phoenix_n - is the price of 750k a new threshold for that type of house in the area or is it at the silly April/May values or is it slightly below the silly figures?
Just to put the house and the price in context?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?