The median for a salary in Dublin is around 46k meaning housing is absolutely unaffordable for the majority of people in Dublin. Top that with growing rent, it’s an impossible situation for most.
SuitableFinish7444 on
Thought it would of been that years ago to be honest
zlenpasha on
Irish only want to live in small houses. With a plot of land. There will never be enough of those even if your government was capable. Build bloody apartments.
JustPutSpuddiesOnit on
Way above 500k, all the younger lads in work buying houses last year paid 650k for new builds in kinsealy Dublin
qwerty_1965 on
At what point does business and industry think we can’t invest here because our future workforce can’t afford to live here.
c_cristian on
House in the picture, a new build, if in Dublin, will cost a lot more than 500k.
karolaug on
>Prices are now 25% above their highest level at the peak of the property boom in April 2007.
But at the same time from CPI calculator:
>Percentage Change from **2007 April** to **2025 December** is **30.4%**
So it seems that the inflation adjusted prices are actually lower than at the peak of property boom?
chonkykais16 on
Sigh
Theydontlikeitupthem on
Myself and my wife would qualify for a 500k mortgage, we have a mortgage of less than half that at a good interest rate, we live rural, we both drive older cars, very little socialising, we don’t spend much on anything outside our family so how do average people who could get a 500k mortgage actually afford to live? Because fuck knows we couldn’t
snnnneaky on
I lived in Dublin for my 20s and it honestly was unreal…rent was 400e a month and had no responsibilities…lived for Camden and Wexford street at the weekend….when it came time to settle down living there wasn’t an option….this was ten years ago and myself and my partner had two decent jobs. We had to move “back” to the country….house prices have sky rocketed and I can’t comprehend how two average earners can afford to buy a house there, even people from Dublin must have to live with parents to save up! Any of my mates had to utilise the bank of Mom and Dad to help them out and were lucky to be in a position to do that…..it has been an issue for so long and there has been little or no intervention to curtail it….adopting a model like Germany where housing isn’t seen as an investment product….large indefinite leases that last decades and maybe make owning more than one house fruitless so it frees up the market…I.e. tax the shite out of it!
It’s like everything the rich get richer and those trying to do the right thing and own their own house are getting fleeced
Defiant-Face-7237 on
€500k?? Bargain. Very little for that anywhere you’d want to be in Dublin
MushuFromSpace on
We did it!! Well done all.
rivers-66 on
We paid like 350k for ours in 2021. Guess we got lucky. I had to save for several years and also didn’t buy a car before that. I cannot image how hard it must be for young families looking to buy.
Temporary_Mongoose91 on
🎊🎊🎊
Return_of_the_Bear on
I honestly thought it already had
irishwanker on
It’s not all doom and gloom. I purchased a 4 bedroom house with extension and needed no work to it for €320k in Blanchardstown last June. Yes the bidding is mental on some but you just walk away and keep looking.
0Exas0 on
I Was talking to my wife yesterday about buying houses and we both decided we’re better off just paying rent and saving money to move to a different country with cheaper housing, rather than paying some insane mortgage for 30 years in Ireland…
Loud_Glove6833 on
We got a new build last year for 475K, we would have been fucked if we had waited because our house is worth about 550k now.
18 commenti
The median for a salary in Dublin is around 46k meaning housing is absolutely unaffordable for the majority of people in Dublin. Top that with growing rent, it’s an impossible situation for most.
Thought it would of been that years ago to be honest
Irish only want to live in small houses. With a plot of land. There will never be enough of those even if your government was capable. Build bloody apartments.
Way above 500k, all the younger lads in work buying houses last year paid 650k for new builds in kinsealy Dublin
At what point does business and industry think we can’t invest here because our future workforce can’t afford to live here.
House in the picture, a new build, if in Dublin, will cost a lot more than 500k.
>Prices are now 25% above their highest level at the peak of the property boom in April 2007.
But at the same time from CPI calculator:
>Percentage Change from **2007 April** to **2025 December** is **30.4%**
So it seems that the inflation adjusted prices are actually lower than at the peak of property boom?
Sigh
Myself and my wife would qualify for a 500k mortgage, we have a mortgage of less than half that at a good interest rate, we live rural, we both drive older cars, very little socialising, we don’t spend much on anything outside our family so how do average people who could get a 500k mortgage actually afford to live? Because fuck knows we couldn’t
I lived in Dublin for my 20s and it honestly was unreal…rent was 400e a month and had no responsibilities…lived for Camden and Wexford street at the weekend….when it came time to settle down living there wasn’t an option….this was ten years ago and myself and my partner had two decent jobs. We had to move “back” to the country….house prices have sky rocketed and I can’t comprehend how two average earners can afford to buy a house there, even people from Dublin must have to live with parents to save up! Any of my mates had to utilise the bank of Mom and Dad to help them out and were lucky to be in a position to do that…..it has been an issue for so long and there has been little or no intervention to curtail it….adopting a model like Germany where housing isn’t seen as an investment product….large indefinite leases that last decades and maybe make owning more than one house fruitless so it frees up the market…I.e. tax the shite out of it!
It’s like everything the rich get richer and those trying to do the right thing and own their own house are getting fleeced
€500k?? Bargain. Very little for that anywhere you’d want to be in Dublin
We did it!! Well done all.
We paid like 350k for ours in 2021. Guess we got lucky. I had to save for several years and also didn’t buy a car before that. I cannot image how hard it must be for young families looking to buy.
🎊🎊🎊
I honestly thought it already had
It’s not all doom and gloom. I purchased a 4 bedroom house with extension and needed no work to it for €320k in Blanchardstown last June. Yes the bidding is mental on some but you just walk away and keep looking.
I Was talking to my wife yesterday about buying houses and we both decided we’re better off just paying rent and saving money to move to a different country with cheaper housing, rather than paying some insane mortgage for 30 years in Ireland…
We got a new build last year for 475K, we would have been fucked if we had waited because our house is worth about 550k now.