Re: Why bailing out housing market is a very bad idea
quote: "Please clarify these taxes - contributions??"
The less obvious costs - which are ultimately government influenced - went up a lot in the housing bull market. Everyone got greedy especially the state and its agencies.
The examples I mentioned were ones I encountered when I self built 3 years ago. I was not prepared for the sheer cost of the hidden charges.
I mean the government gets a fair bit of tax thru the sale and purchase of land etc but after you buy your site the local government wades in for its pound of flesh.
If you buy a site with some telegraphs poles on it would you not be surprised at a 36 grand bill for something that any one else could do for much less. I got a gas leak on my site. Only Bord Gais were allowed to plug it - 10 minutes it took - 1000 euros please. I just got the feeling that anyone connected with the state was fueling the greed and milking the profits. Pretty damm irresponsible if you ask me.
quote: "Please clarify these taxes - contributions??"
The less obvious costs - which are ultimately government influenced - went up a lot in the housing bull market. Everyone got greedy especially the state and its agencies.
The examples I mentioned were ones I encountered when I self built 3 years ago. I was not prepared for the sheer cost of the hidden charges.
I mean the government gets a fair bit of tax thru the sale and purchase of land etc but after you buy your site the local government wades in for its pound of flesh.
If you buy a site with some telegraphs poles on it would you not be surprised at a 36 grand bill for something that any one else could do for much less. I got a gas leak on my site. Only Bord Gais were allowed to plug it - 10 minutes it took - 1000 euros please. I just got the feeling that anyone connected with the state was fueling the greed and milking the profits. Pretty damm irresponsible if you ask me.