It is widely accepted at least 10,000 new units of social housing are required each year to meet demandHouse prices in recent years should never have been allowed to soar to the point where they have become unaffordable for the vast majority of aspiring purchasers. Rents in the private rental sector are also unaffordable for most. Vendors seeking inflated prices for their homes have been forced to reduce them, as demonstrated by recent estate agent and auction results.
Here are 10 reasons why significant falls in house prices and rents are likely to occur sooner rather than later.magazine, housing in Ireland is now significantly over-valued or, more accurately, over-priced. This over-pricing is reflected in new house and apartment prices that are now well above their peak in 2007. In fact, for over 20 years house prices in Ireland have been completely out of line with indicators such as the Consumer Price Index, the cost of building and average earnings.
Society needs houses to be bought with one income so one partner can help sort the kids and or the grandparents...... not always a mother but shipping the sprogs to random childminders and parents to the care home is bad.
Why hasn't Eoghan Murphy been offered this advice ?
1) They're too high X 10
Pretty obvious really
The higher the specifications on heating & insulation the higher the costs. The tighter the labour market gets building trades will demand increase in wages.
Soft landing, soft landing, soft landing time again.
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