THIS WEEK, SINN Féin proposed a plan for the temporary reintroduction of Mortgage Interest Relief in response to the ECB raising interest rates.
creates an interest group which will fight to retain it. Because Ireland has small, multi-seat constituencies, even risking a few hundred votes is too much for many TDs. 3. To compound the equity issue, just 23% of lone parents were mortgage holders in 2016, compared to 55% of couples with children. Households with a single parent have a shocking deprivation rate of 45%, almost three times that of households with two parents.
5. Ireland has historically had awful housing policies. We are so used to them that we take them for granted, but international analysts spent years during the boom marvelling at just how distorting they were. 6. In the same period, Ireland also arrived at some of the worst tax policies in any developed economy, with a myriad of exemptions and reliefs that baffled outsiders.
ciaranmcasey How about criticising the party in power or is that just not obvious enough for this horseshit?
PracKapital Great article👏🏻👏🏻
Sponsored agenda driven waffle. Its the churnal.. Forgot about that.
it will certainly push up house prices....rtept rte newstalk
To fight inflation (that we created with covid) we must raise the price of everything to prevent most of you owning anything. This in turn should keep things affordable for the wealthy when we fly into your country to stay in one of the many fancy hotels you keep building for us.
Junk economic gobbledygook from a junk economist.
All they have to do is to only allow mortgages with a fixed rate for the entire life of the mortgage.
I remember Pierce Doherty complaining about the level of national debt his children will inherit but in opposition has no problem adding to it if given a chance. Thing is when in gov how fast will they backtrack on the promises or if bond markets turn against them.
Probably one of the worst piece of writing I have read in a long time, it’s seems the Dept of Finance sponsored this. People are under pressure from a greedy banking industry and the Journal clapping along with them.