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Salvadore

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1 bed apartment Dublin €2000 per month to rent.
Renting a 4 bed house in the country , €750 per month....
You do the math
That’s not necessarily a rip off. It’s a reflection of demand relative to supply.

The capacity to work remotely however gives workers the opportunity to break free from the economic constraints of living in Dublin and the more people that choose this route, the better all around.
 

Purple

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That’s not necessarily a rip off. It’s a reflection of demand relative to supply.
Yep, getting ripped off is when you don’t get what you paid for. Knowingly paying a high price for something is a different thing. It might be bad value but it’s not getting ripped off.
 

ArthurMcB

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Yep, getting ripped off is when you don’t get what you paid for. Knowingly paying a high price for something is a different thing. It might be bad value but it’s not getting ripped off.
Whatever. Ok. Ireland is not a rip off but it is atrocious value then.
 

Purple

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Whatever. Ok. Ireland is not a rip off but it is atrocious value then.
It is, but there are reasons for that such as;
  • We're an island so it costs more to get stuff here
  • We are small so we lack logistical economies of scale
  • We have very high levels of social transfers which results in a high wages at the bottom end of the scale and a high minimum wage (all good things in my opinion)
  • We are very litigious and that along with an expensive and inefficient legal system and high levels of compensation, plus high property prices and construction wages, drives up insurance costs.
There are loads of reasons we are expensive, some good and more bad, but that's not the same as being ripped off.
 

ArthurMcB

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It is, but there are reasons for that such as;
  • We're an island so it costs more to get stuff here
  • We are small so we lack logistical economies of scale
  • We have very high levels of social transfers which results in a high wages at the bottom end of the scale and a high minimum wage (all good things in my opinion)
  • We are very litigious and that along with an expensive and inefficient legal system and high levels of compensation, plus high property prices and construction wages, drives up insurance costs.
There are loads of reasons we are expensive, some good and more bad, but that's not the same as being ripped off.
Agreed 100%
 
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