The Cost of Living 📈

I see the chancellor repealed the IR 35 ruling which basically blocked contracting and consulting.

We’re back babay

Depends where you live. Good state schools in the area put a significant premium on house prices as it’s entirely based on distance as the crow flies all things being equal.
State grammar schools have a significantly higher bar on the entrance exam mark needed for any children from out of area. Cue renting letterboxes etc by the sharp elbowed. It’s illegal though and can land you in serious trouble if caught.

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Excellent news.

How long til prices start to fall do you think?

Seems with the slow down in China construction, materials manufacturers there are looking to export what was previously targeted at domestic construction. Could be oversupply there that finds home here

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Made In China houses?

Looking to buy?!

Made In China Abodes (MICA)

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Made In Donegal Absolute Shite

As Tony S once said, I’m like King Midas in reverse. Everything I touch turns to shit.

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Reality is biting for many. It will be carnage this winter. If you have no certainty in business you cant get credit, organise staffing numbers, know how stock to carry. Capping energy prices would have helped but this government chose not to.

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Write a blank cheque to energy providers?

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Survival is the name of the game this Winter

No context?

We got 96% of our electricity from irish renewables during the week. The scandal is the pricing contracts forcing suppliers to pay fossil fuel prices for renewables.

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It’s like paying anglo bondholders 100p in the pound in the last crisis

From the Limerick Leader

Mothers Macs pub highlighted the soaring costs of their electricity bills that increased by about €3,500.

To pay for their electricity supply, Mike McMahon said he now has to sell 33 pints of Guinness a day to cover Mother Macs’ bill compared to the 5 pints a day he had to sell in 2019. Things have taken a turn for the worse.

“In 2019, my bill would have been roughly around 1400 euros. Whereas now, my latest bill was around €4,999,” he said.

There’s an absolutely savage winter ahead, older people will actually die of cold

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It would be just our luck to get 8 weeks of frost this winter. Hegarty’s metal recycling will fill shiploads with Air to Water heat pumps after it next summer.

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