Bank of Mum and Dad blamed for pushing up house prices | Newstalk

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Four in ten first time buyers get a gift from their parents - and experts say this is fuelling Ireland's housing crisis.

One option for people who don’t have the option of a loan of gift from the Bank of Mum and Dad is to apply for financial assistance from the Government:“Only if it’s a new property and you can get back up to €30,000.

“Tax of course is a big factor in all of this; tax policy between, say parents and children, is quite generous,” Sinead continued.

 

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Lol good one newstalk

Not the investment funds? I don't think Sinead Rysn is 'the type' of expert we need to be listening to

Ah let’s blame little Johnny and not successive FineGael governments that climbed into bed with vulture funds!

They're not very good experts if they think that.

Our people have to this while vulture funds are coming in raising the house prices for when they resell them to the government for 4 times the price, why are they allowed in who allowed them in and whats the pay off, and for who is the pay off

Absolutely nothing to do with the government not building enough homes themselves no....people have to get gifts off their parents because prices are nuts, it's ridiculous, it's the government keeping prices high by not building enough homes at actual affordable prices!!

If we didn’t then we couldn’t get a house. It’s not first time buyers fault and the spin on the situation is recognised. If the older generations think this won’t all come back to bite them in the ass then they have learned nothing.

So how else do they buy a home if no help is given. Such a stupid comment.

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