Makes semi sense.. some of the rates over east are astronomical compared.
bathtubsplashes on
Contrary to popular belief, we are not one of the poorest countries in the world. Mad, I know
cheating-test_com on
You can see that it is cheaper in non-urbanized areas because fewer people can live there. There are not many jobs, so as a result, prices have to be lower.
Hot_Examination1918 on
Irish bros, can you really buy a house in less than five years?
Rameez_Raja on
Lmao, literally downvoted to hell for presenting actual data.
Anyway I’ve always thought it’s more to do with availability than prices, there’s just very little of anything available and much of it is in pretty bad state for what it goes for. The fact that a Drumcondra semi D starts at 600k wouldn’t sting as much if there were tons of 350K 2 bed apartments available in like Stoneybatter.
Low availability also means rents will be crazy, so most will struggle to just save up for a deposit.
CurrencyDesperate286 on
Yeah, house purchase prices are actually quite low relative to wages here, partly due to limits on lending. Renting is the big issue.
Ok_Insurance_6746 on
Coming from central Europe, what shocked me were the rents, but the prices for buying property are not that terrible. It is still crazy to me that landlords here can get the value of their property through rents within a few years. A lot of countries in Europe have laws to prevent that
upthetruth1 on
I found a graph from the same organisation in 2025 that seems more accurate for somewhere like Ireland
Define income. If this is defined using some per capita gdp formula it’s very not relevant to Ireland due to how tax loop holes inflate gdp without inflating salaries.
Due-Improvement-3516 on
Ofcourse – this is not surprising at all. It’s rent that is the outlier. Rent making it impossible to save for a deposit.
commndoRollJazzHnds on
Unrelated to the spirit of the post, but I love that there is a cutout section for Liechtenstein and several islands that is just “no data”
Natural-Ad773 on
Jesus it’s as if we are not actually living in a dystopian nightmare.
KerryDevVal on
It makes sense to be fair, like look at Portugal in popular tourists spots its just impossible for a local to buy with their wages.
Then there is Finland where some areas experiencing depopulation there is nice enough homes for sub 50k.
Our house prices are outrageous but at least we don’t got to compete with rich foreigners driving prices up for the most part
15 commenti
“indicator displays the size
in square meters that can be bought
with 40% of the average income earned
over 10 years”
https://preview.redd.it/c8lmuwdkmr9g1.jpeg?width=1080&format=pjpg&auto=webp&s=7af9c44268106d65c6ba8b014a263ca0d67322ea
Source: https://www.espon.eu/sites/default/files/2024-06/affordable_and_quality_housing_leaflet.pdf
Makes semi sense.. some of the rates over east are astronomical compared.
Contrary to popular belief, we are not one of the poorest countries in the world. Mad, I know
You can see that it is cheaper in non-urbanized areas because fewer people can live there. There are not many jobs, so as a result, prices have to be lower.
Irish bros, can you really buy a house in less than five years?
Lmao, literally downvoted to hell for presenting actual data.
Anyway I’ve always thought it’s more to do with availability than prices, there’s just very little of anything available and much of it is in pretty bad state for what it goes for. The fact that a Drumcondra semi D starts at 600k wouldn’t sting as much if there were tons of 350K 2 bed apartments available in like Stoneybatter.
Low availability also means rents will be crazy, so most will struggle to just save up for a deposit.
Yeah, house purchase prices are actually quite low relative to wages here, partly due to limits on lending. Renting is the big issue.
Coming from central Europe, what shocked me were the rents, but the prices for buying property are not that terrible. It is still crazy to me that landlords here can get the value of their property through rents within a few years. A lot of countries in Europe have laws to prevent that
I found a graph from the same organisation in 2025 that seems more accurate for somewhere like Ireland
https://preview.redd.it/xnyzo7w8yr9g1.jpeg?width=1380&format=pjpg&auto=webp&s=5c3e741d4cb4e73440642e74dac5768047733441
Define income. If this is defined using some per capita gdp formula it’s very not relevant to Ireland due to how tax loop holes inflate gdp without inflating salaries.
Ofcourse – this is not surprising at all. It’s rent that is the outlier. Rent making it impossible to save for a deposit.
Unrelated to the spirit of the post, but I love that there is a cutout section for Liechtenstein and several islands that is just “no data”
Jesus it’s as if we are not actually living in a dystopian nightmare.
It makes sense to be fair, like look at Portugal in popular tourists spots its just impossible for a local to buy with their wages.
Then there is Finland where some areas experiencing depopulation there is nice enough homes for sub 50k.
Our house prices are outrageous but at least we don’t got to compete with rich foreigners driving prices up for the most part