Tell me you don’t understand supply and demand without telling me you don’t understand supply and demand.
StillyDan4 on

mrlinkwii on
this is a horrible thing
JONFER--- on
There is absolutely no way that this could end badly!
Banania2020 on
Sure why not, we all want a new housing bubble and the subsequent global financial crisis. 
isogaymer on
I am struggling to understand how this would be a good idea? Would it not be just letting people get into more debt to push up exploding property prices even further?
5x0uf5o on
Moronic suggestion
Narwhal_2112 on
How about throwing more petrol on the flames to slow the fire?
Petrol’s a liquid, it should dampen the flames? It couldn’t do much more harm anyway?
KillerKlown88 on
>We are not advocating for a return to the reckless lending that preceded the financial crisis.
This is exactly what you are advocating for.
Competitive_Fail8130 on
Scrap stamp duty for first time buyers
Irish201h on
All this will do is cause more house price inflation!
Every “solution” they come up is inflationary!
assflange on
Jesus Christ
jhanley on
Demand side measure that will do nothing but jack up prices and lead us back to another crash
No-Lemon-1183 on
It’s such an admission that housing is unaffordable, can’t manage to save a deposit? Here have a whole mortgage instead
A-Hind-D on
Good lord no
Disastrous-Account10 on
It seems like every sensible suggestion just get yeeted out the window
The meeting probably goes like
“guys they are asking for more houses but I have a better plan, lets do soimething completely different and claim its helping”
MassiveHippo9472 on
What could possibly go wrong?
Ecstatic_Judgment603 on
So the solution is to drive house prices up further? FFS
Important_Farmer924 on
I’m no expert, but this seems like a bad idea.
Immediate_Radio_8012 on
Calls from who exactly? Who is out th thinking its s good idea.
sludgepaddle on
The Art Of The Ah Sure Y’know Yerself Nudge Nudge Wink Wink
Parking_Tip_5190 on
Set priced new builds only
Murador888 on
Some people have learned nothing from the problems of the past.
Independent Ireland haven’t a clue and are actually dangerous, they are that desperate for votes.
wascallywabbit666 on
Who’s calling for it?
>Independent Ireland’s TD Michael Collins told The Journal:
Ah ok then.
This is the same guy who has called for:
– Illegalisation of abortion
– Chemical castration of rapists
– The use of guns for self defense
– Scepticism about COVID vaccines
No_Donkey456 on
Stupid fucker
robilco on
I had one of them in 2004, good times.
Horror_Finish7951 on
This is a terrible idea.
The focus needs to be on supply. Increase supply to no end and keep doing it until house prices plummet to 4x salaries. If that means building a million homes a year then so be it.
Alastor001 on
Amazing.
Would banks be happy about it?
Would buyers be happy about it? Unlikely. More competition, more bidding, higher prices + less available houses.
It always results in sellers getting more tho.
stevewithcats on

2008 flashbacks intensify
Exciting_Twist_7588 on
So nothing was learned cool.
rom_ok on
This will drive up prices and further drive down supply? 😂 who the fuck are these people
asdrunkasdrunkcanbe on
This is Independent Ireland, so this is just some easy populist shite that they can throw out.
“We think banks should lend more money to young people!”
An easy talking point that some people will lap up, because they don’t understand the lending rules and just younger worker unable to raise enough cash.
Remember that the financial crash happened in 2009/2010.
So the circumstances of that crash and certainly leading up to it, won’t really be a memory for anyone under 30. When you’re a teenager you don’t give a fuck about housing markets or mortgage rates, that’s old people news that you don’t pay attention to.
So some couple who are 28 now and the banks are offering max 280k to them, leaving them nearly 100k short of the house they want, will hear this call for 100% mortgages and might think, “Yeah! I can afford it, I’m a grown up, they should just give us more money and stop shitting on young people!”.
TwinIronBlood on
Next they’ll offer 110% loans so you can have the latest tech a holiday and furniture.
eiretaco on
Always stimulating the demand side of the equation without tackling the supply side, the main issue.
Don’t get me wrong, I’m sure many would avail of this and it would get then I to some sort of housing, but it will be further inflationary.
Everything needs to be done to boost supply and stop bulk buying in any form, stop non residents buying homes as holiday homes etc..
Boosting supply is easier said than done, of course.. but we can’t just keep stimulating demand.
denbo786 on
🤣🤣🤣🤣🤣🤣🤣 it’s not like the housing market wasn’t already on crack.
Keoghconut on
Have they that bad a memory 🙄
BaldAllOver on
Can someone explain to me how adding these stupid policies, that only cause more harm, are a better solution that just putting extra taxes or restrictions on anyone buying anything that isn’t their principle private residence?
37 commenti
Tell me you don’t understand supply and demand without telling me you don’t understand supply and demand.

this is a horrible thing
There is absolutely no way that this could end badly!
Sure why not, we all want a new housing bubble and the subsequent global financial crisis. 
I am struggling to understand how this would be a good idea? Would it not be just letting people get into more debt to push up exploding property prices even further?
Moronic suggestion
How about throwing more petrol on the flames to slow the fire?
Petrol’s a liquid, it should dampen the flames? It couldn’t do much more harm anyway?
>We are not advocating for a return to the reckless lending that preceded the financial crisis.
This is exactly what you are advocating for.
Scrap stamp duty for first time buyers
All this will do is cause more house price inflation!
Every “solution” they come up is inflationary!
Jesus Christ
Demand side measure that will do nothing but jack up prices and lead us back to another crash
It’s such an admission that housing is unaffordable, can’t manage to save a deposit? Here have a whole mortgage instead
Good lord no
It seems like every sensible suggestion just get yeeted out the window
The meeting probably goes like
“guys they are asking for more houses but I have a better plan, lets do soimething completely different and claim its helping”
What could possibly go wrong?
So the solution is to drive house prices up further? FFS
I’m no expert, but this seems like a bad idea.
Calls from who exactly? Who is out th thinking its s good idea.
The Art Of The Ah Sure Y’know Yerself Nudge Nudge Wink Wink
Set priced new builds only
Some people have learned nothing from the problems of the past.
Independent Ireland haven’t a clue and are actually dangerous, they are that desperate for votes.
Who’s calling for it?
>Independent Ireland’s TD Michael Collins told The Journal:
Ah ok then.
This is the same guy who has called for:
– Illegalisation of abortion
– Chemical castration of rapists
– The use of guns for self defense
– Scepticism about COVID vaccines
Stupid fucker
I had one of them in 2004, good times.
This is a terrible idea.
The focus needs to be on supply. Increase supply to no end and keep doing it until house prices plummet to 4x salaries. If that means building a million homes a year then so be it.
Amazing.
Would banks be happy about it?
Would buyers be happy about it? Unlikely. More competition, more bidding, higher prices + less available houses.
It always results in sellers getting more tho.

2008 flashbacks intensify
So nothing was learned cool.
This will drive up prices and further drive down supply? 😂 who the fuck are these people
This is Independent Ireland, so this is just some easy populist shite that they can throw out.
“We think banks should lend more money to young people!”
An easy talking point that some people will lap up, because they don’t understand the lending rules and just younger worker unable to raise enough cash.
Remember that the financial crash happened in 2009/2010.
So the circumstances of that crash and certainly leading up to it, won’t really be a memory for anyone under 30. When you’re a teenager you don’t give a fuck about housing markets or mortgage rates, that’s old people news that you don’t pay attention to.
So some couple who are 28 now and the banks are offering max 280k to them, leaving them nearly 100k short of the house they want, will hear this call for 100% mortgages and might think, “Yeah! I can afford it, I’m a grown up, they should just give us more money and stop shitting on young people!”.
Next they’ll offer 110% loans so you can have the latest tech a holiday and furniture.
Always stimulating the demand side of the equation without tackling the supply side, the main issue.
Don’t get me wrong, I’m sure many would avail of this and it would get then I to some sort of housing, but it will be further inflationary.
Everything needs to be done to boost supply and stop bulk buying in any form, stop non residents buying homes as holiday homes etc..
Boosting supply is easier said than done, of course.. but we can’t just keep stimulating demand.
🤣🤣🤣🤣🤣🤣🤣 it’s not like the housing market wasn’t already on crack.
Have they that bad a memory 🙄
Can someone explain to me how adding these stupid policies, that only cause more harm, are a better solution that just putting extra taxes or restrictions on anyone buying anything that isn’t their principle private residence?