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Why have the younger generation in ireland been disowned? |
Travel Info Why have the younger generation in ireland been disowned? Why have the younger generation in ireland been disowned? after all a house that cost 40,000in 1985 now is "worth" 430,000. how can the government deny the fundamental right to the next generation of owning property? Travel Tips I know babe, but it's not just in Ireland...It's not fair that the younger generation all over is unable to own property due to high mortgages etc... Build your own home.....that's what a lot of peeps are doing now;o) X Others why have you asked this question three times? why have you asked this question three times? why have you asked this question three times? I am in dallas, tx, and the home that my parents bought in 1960 for $33,000 dollars now could not be purchased for less than $400,000. There is no way the money I make has the same value as it did for my parents. I think the answer to your question is found in economic theory, not in irish history. It is not deliberate neglect of young people since others are also affected by these huge price increases in property and the cost of living. These are the effects of capitalism, where the value of society decreases while the wealth of certain individuals increases. The government is interested in balancing its finances, and providing cheaper 'social housing' won't do that. There is an increasing gap in Ireland between rich and poor - whether this continues depends upon the economy. The good news is a recent slump in house prices across the country; perhaps a lot of people are going to be hit by negative equity (where the value is less than the price they paid for their property). It remains to be seen whether we're entering a 'soft landing' or a housing market crash. http://www.hidden-dublin.com Young peolpe in Ireland are better off than most places. See the unicef report! Young people do not buy houses. Remember that 30 years old is nearly middle aged! http://www.unicef.org/media/files/childp... |
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