Is the net wealth figure including net equity in property?
So?interesting, but most peoples real assets are illiquid.
Is the net wealth figure including net equity in property?
People like their homes to have higher potential sale price. It makes them feel wealthy even though a higher sale price on the same property adds zero value. But whoop whoop my house has shot up in value since I bought it so I'm part of the wealthier classes now for the nothing whatsoever that that's worth to me.interesting, but most peoples real assets are illiquid.
Comfortably more than 5% of the population are too thick to read it - what should we do about thatInteresting info. As an aside, this chart is almost impossible to read if you are colourblind which is about 5% of the population. I have emailed the website accessibility officer asking them to improve their colour schemes, very easy to do.
I fear I may be in both camps!Comfortably more than 5% of the population are too thick to read it - what should we do about that
Think you’re forgetting about the concept of downsizing. Understandable considering we see so little of it in Irish societya higher sale price on the same property adds zero value. But whoop whoop my house has shot up in value since I bought it so I'm part of the wealthier classes now for the nothing whatsoever that that's worth to me.
And inter generational wealth.Think you’re forgetting about the concept of downsizing. Understandable considering we see so little of it in Irish society
There was very little wealth in Ireland until the 1990’s so it’s unsurprising that the Celtic Tiger property boom reduced wealth inequality. It’s kind of levelled off since.It's welcome to see continued decreases in wealth inequality in Ireland, to well below the euro area as a whole, and most other European countries. (at the same time,
I worry about younger people's ability to buy a house in Ireland)
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