That suggests to me that you shouldn't be taking on excessive investment risk.Level of income is not necessarily guaranteed and we're a single income household.
If property prices continue to rise, you will still have a €700k stake in the market, which will be rising tax-free anyway.
Well, tax is a pretty significant consideration for anybody with an effective marginal tax rate of 55%! It has a radical impact on the cash flow analysis, for example.I have not looked at the tax implications
Or the possibility of capital depreciation during the relevant holding period (bearing in mind that recent research indicates that real Dublin residential property prices in 1944 were lower than in 1744!).I have also not referred to any prospect of capital appreciation.
Why so?Your home is not a stake in the market in the same way as an investment property.
View attachment 1935
Hi Sarenco
Surely it must be obvious to you why a home is not a stake in the market like an investment property?
1) If you sell a family home, you are not free to do whatever you wish with the proceeds. After paying the CGT on any gain, you must buy another family home with the proceeds.
Brendan
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