I suspect the number referred to comes from the CSO census of 2006 (which explicitly excluded holiday homes) rather than Daft figures which currently indicate 70K for sale units.250,000 houses on daft etc is not generally 250,000 differnet houses. Many houses are represented several times so the figure could be halved I would think.
Enterprise Ireland were running around all this time practically begging people to take money and start a company - there were very few takers.
Not true.
I started a tech company and they weren't interested.
The referred me to my local county council who said they only have money for me if I'm starting a creche.
As a result, I've had to fund everything myself. It's been alive for 5 years now.
Yes but look at aforability levels, that is a key also, remember in the dark old days when interest rates were 17% and houses were going for 20-30 grand people still struggled with afordability. That is a key measure.
Once the work dries up, the population won't increase anything likes been suggested here. Thats a fantasy. Ditto the easy credit. Which started this madness.
I don't quite understand this reverence for mcwilliams
Better get those supports in place so. Polygamy, polygamy, polygamy. It's the only viable solution.
I don't rever McWilliams, however i respect his judgement and his ability to stand up to the sheep in the 'so called' media we have in this country. He is still being dismissed as a crank while clowns like Austin hughes still get to peddle their wares on RTE and elsewhere without question to their dubious assumptions or mentioning the caveat that he has been constantly wrong over the last 18-24 months
Some could just as easily say that he is leading the sheep today.
affordability is one of the greatest misuse of words throughout the last 2 years. I can afford a shoebox in the middle of nowhere. Doesn't say I'm going to buy one. In fact I can afford a quite decent house in a reasonable location. I don't want to buy one tho as I think they are still very poor value and I can rent a similar property for less than the interest on a mortgage.
I bet you could afford to pay €50 for a pint of guinness, are you ever likely to actually do that any time soon tho (assuming the price of a pint rises to €50)?
Agreed
I don't rever McWilliams, however i respect his judgement and his ability to stand up to the sheep in the 'so called' media we have in this country. He is still being dismissed as a crank while clowns like Austin hughes still get to peddle their wares on RTE and elsewhere without question to their dubious assumptions or mentioning the caveat that he has been constantly wrong over the last 18-24 months (especially in relation to interest rate predictions)
LOL, you've got my vote
There are steps that can be done to avoid a mass panic of people who only know up/ and don't understand down.
Stability of some form is key, as people tend to over react in situations like this, making things worse.
.
So lets get this right, in the long term you expect high unemployment, most people renting, stagnent population, low house prices. Where even if houses are affordable in terms of people incomes they are going to rent
A tad gloomy. And not very balanced.
where did I say that?
I said that the term 'affordibilty' is a myth. Buyers will not return to the market in their droves while the difference between servicing a mortgage and the cost of renting narrows.
I expect house prices to lower (from historic highs), unemployment to rise (from historic lows), possibly gloomy but realistic.
Sorry if its unpatriotic to criticise Ireland inc. but thats the way i see it
What steps would you take?
Your forgetting your aggrement with Aircobra where he said population to remain stagnent.
There are a lot of people who were not irresponsible with their spending, yet they are getting punished for others mistakes.
where did I say that?
I said that the term 'affordibilty' is a myth. Buyers will not return to the market in their droves while the difference between servicing a mortgage and the cost of renting narrows.
Btw I'm still searching for where i speculated on population trends.
I expect house prices to lower (from historic highs), unemployment to rise (from historic lows), possibly gloomy but realistic.
Sorry if its unpatriotic to criticise Ireland inc. but thats the way i see it
I agreed that a population explosion is unlikely with the shadow of an impending recession ahead. Who the hell would come here looking for work at the moment?
I disagree, property bears are still in the minority in Irealnd IMO.
I am all for it in fact, brecause in the long run that will have to mean there is income in owning property.
1. Long term population increase is not as determined by short term immigration.
2. We still have low unemployment in ireland at 6%
3. Around 25000 people at a guess will come this year looking for work
Not on AAM though.
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