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    24 commenti

    1. Can’t wait for the government to continue to do nothing about it.

    2. pixelthec on

      Good thing we have the 4x rule for mortgages. Tremendous help letting us borrow so much

    3. Imbecile_Jr on

      Maybe if we give landlords a tax cut, and make one of them president

    4. New-Stick-8764 on

      Let’s round it up to 10 but then maybe we should stop.

    5. Academic-County-6100 on

      I know this going to get down voted but anyways. The article did also point out that uouse inflation is at lowest in two years and we are set for most houses built in a year since celtic tiger….

    6. Galacticmetrics on

      The number of new homes every year being built is not enough to satisfy the growing population. This is the logical outcome and will keep happening on until the fundamentals are changed

    7. quantum0058d on

      How was it homes used to be bought on one salary 😵‍💫

    8. DarthMauly on

      While obviously it’s shite craic, the average price being 8 times the average earnings sort of makes sense. With demand as high as it is and supply as low, people are having to max out what they can borrow to afford to buy.

      Banks will predominantly only lend 4 times salary, so for a couple each earning close the average that’s going to be 4 times their salary x2, or 8 times the average salary.

    9. biometricrally on

      We should start promoting the idea of throuples. Or start a trend of communes in semi-d’s.

    10. qwerty_1965 on

      Used to be you expected to pay annual salary x 3.5 about 30 years ago

    11. OrganicVlad79 on

      My 55 year old father bought a 4 bedroom detached house with front and back garden 15 minutes outside Cork city in the 90s for 3.5x his salary 🙁

    12. Cherfinch on

      It’s the same across most of Europe, Canada, Oz, NZ, UK. The cities are even worse. Turning housing into a financial asset was the single worst thing the boomers did to wreck their children and grandchildrens prospects.

    13. Educational-Ad6369 on

      Kind what you would expect. Most houses bought by couples who can borrow 4x each. So 8x average salary seems where likely would be given where lending rules sit. I think a lot of where house prices sit is pegged to lending rules. The limit was increased few years ago and prices shot up

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