Most credit unions have stopped taking deposits now for anyone with more than 5k in savings such is the volume of cash they are holding
There was a recent report from PTSB suggesting that the anticipated post lockdown spending splurge wonāt materialise as savers are going to keep the majority of the huge savings accumulated for a rainy day.
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This I presume refers to the wealthy boomers, who are secure in their own homes.
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They say that people who have lived through an economic crash (like we had in 2008) - their behavior is changed for remainder of their life and they become more prudent/frugal.
Dunno. The kitchen island industrial complex would indicate that if Paddy had it, heāll spend it.
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Paddy is always looking for the rainy day
The Irish are the new Germans, Frau Merkelās work as Chancellor is finally complete.
And thatās pre Covid. Goes to show the FFG economic miracle - high savings rate, fastest growing economy in Europe and maintaining domestic booms in kitchen Islands, barbecues, dry robes and a myriad of other fads.
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GDP of 15 per cent this year and lads are curtain twitching at Leo getting over early for a trade mission
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And 430k for an apartment in Rahoon.
Itās the returning high-rolling expats drivibg up the property market 
I hope to be adding to the housing stock mate.
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Donāt think your holiday home will add much supply
A house is a house mate.
Poor Sean the Garda and Mary the nurse living with their parents for another year while the wealthy expats consume scarce building resources 
We need to ban one off houses. Weāre in a crisis and those building resources are needed elsewhere.
This would be Sean the Garda and Mary the nurse on a combined income north of 100kpa with absolute job security and pensions?
Free houses for everyone
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In an area that suits them. They have a right to it.
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