The Celtic Phoenix - A thread to list the economic miracles of Michael Noonan & Fine Gael

Iā€™m just laying out facts. The numbers are there for all to see. Homelessness at record levels this monthā€¦but shur, GDP something something

Some people are happy with their lot, others strive for more.

Seems like there is savage opportunity out there now for anyone who wants to work? You donā€™t need a degree or to be from the right estate to get a reasonably well paying labouring job or to start a trade that will set you up for life.

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Itā€™s great that trades are picking back up in the last few years, they were badly missed for lads like Harry who just didnā€™t have school smarts. A shame that we lost a good chunk of our youth 2008-2014 but weā€™d have been stone broke if they didnā€™t fuck off.

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How do we compare with our European friends on indirect taxation?

Yeah i agree with that point on gauging wealth. Considering the over valuation of irish property

Which is a fair assessment tbh. But you cant live independently with a decent standard of living near minimum wage

Fucking fleeced. How many temporary taxes does the rest of the EU pay? A temporary 10 year plus tax

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Tax is good mate.

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The other point being that this seems to based solely on income and asset value. If youā€™re bringing home 5k a month but are using 4k of it just to service debt, you aint going to be living it uo

Whatever about people 35+ , I think its going to be extremely difficult for any young people starting out now without well off parents backing them.

I remember I could rent a two bed apartment in town with the missus in 2014 for 650 euro. That apartment now is 1300 or 1400 euros a month. Thats a scandalous jump.

If we were in the same roles - our wages would be pretty much the same. Then factor in every other increase in the cost living. How do you save for your mortgage deposit as a young couple. Nearly impossible.

Maybe a massive recession will level things out a bit in time but wages have stagnated completely vs the cost of living in real terms over the last 20 years.

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@artfoley and @glasagusban agree with you.

Rents all over have caught up with Dublinā€¦ And theyā€™re still going up.

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Lads heading off for weekends in Ireland, foreign weekends, ating out, drinking, doing cocaine, iPhones, streaming services, 50 inch TVs, Spotify, new clothes, fade haircuts all on minimum wage

A lad working in the 1980s standard of living was about ten per cent of it

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Taxes are good, when fairly done and fairly distributed to provide service to the public that pays them. Another arguement there. For the level of taxes paid here in ireland a majority dont get a decent benefit in services

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The gas thing now is. There is nowhere to privately rent. Literally nothing available.

5 properties on daft recently for Limerick city. 2 of them were 3k a month nonsense.

The average Dublin rental is just over ā‚¬2,000 a month. That means in reality 2 people earning ā‚¬60,000 each a year with roughly ā‚¬3,000 take home pay each a month can afford to live there. That is a stark reality and unsustainable on many levels.

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Dont forget take away coffees. All these young people are all vaping too

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There would be no queues if the DAA paid decent money and didnā€™t tell the potential new recruits they would be guaranteed 20 hours but had to be available to work 40.

No guaranteed hours, means not being able to agree child care of required. Thatā€™s if you can pay for it. At ā‚¬14.40 an hour x 20 hours a week, the new employee is guaranteed ā‚¬288 per week. They canā€™t get any other employment as they must be available 24/7 for the other 20 hours.
That means no bar work, no taxi work, no child minding.

Try living on ā‚¬288 a week and then youā€™ll soon come back with a post telling us youā€™re thinking of emigrating.

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Is it just 3 out of 10 new house sales now are for owner occupiers?

Think I read that recently. The other 7 out of 10 are a combination of social housing and investors.

While the social housing side is good. The speculation side isnt.

What happens life long private renters when they reach retirement age?