Are you omitting any key parties from your list of those responsible? Hint: who provided the legislation and public policy that consistently subsidised the property industry for the past 15 years.
There is a big difference between making an investment decision and buying a home.
True to an extent - but it is easy to criticise with hindsight. If you turn back the clock, and put yourself in their shoes, looking at 10 years of escalating prices, seeing their chance to get on the property ladder moving out of their reach, it is not hard to see why people were somewhat desperate to buy.You are right, people should be far more careful and take a considered approach when buying a home. People bought homes but how many bought outside of their financial comfort zone? Buying a home is no excuse for removing logic from your purchase and simply saying Bertie said it was the way to go is simplistic and doesnt carry weight. As I have said before, the perception of politicians has never been good in this country, the back handers and stories of corruption etc, so when we say we only did it because they were pushing an agenda it really is a case of only hearing what we wanted to hear.
FF HQ would be proud of your attempts to deflect and divert attention. But it is a fairly flimsy attempt. Who is responsible for funding local authority capital projects (such as social housing)? I'm sure you don't need a hint for that one.Local Authorities failed miserably to build houses during the celtic tiger era as they did in the 1950s. But FF only got 30% at the last locals.
Again, more diversion and deflections. FF have been in power since 1994. Perhaps you would answer the question that you avoided - do you believe that FF hold any responsibility for our current economic woes?All governments subsidised property. FG, Labour, the Greens, FF gave mortgage interest relief.
As I have said before, the perception of politicians has never been good in this country, the back handers and stories of corruption etc, so when we say we only did it because they were pushing an agenda it really is a case of only hearing what we wanted to hear.
... etcha-sketch approach to democracy (shake it up and erase when you don't like it)...
Again, more diversion and deflections. FF have been in power since 1994. Perhaps you would answer the question that you avoided - do you believe that FF hold any responsibility for our current economic woes?
While I agree with all of what you say, I think your second last sentence encapsulates the nub of the problem. Older people, who had seen recessions before, were less prone to such ovine behaviour. But I still feel sorry for everyone that has taken a hit.Yes - spending could have been controled better & the public sector could have been reformed. Competition could have been introduced in more areas & the lack of broadband is a disgrace.
FG and Labour were calling for more spending. FG wanted to cut stamp duty and Labour wanted more tax cuts.
No Political party was blameless.
Facts are - people were sucked in by the borrow and spend type of attitude. They are now left with big loans and negative equity.
While I agree with all of what you say, I think your second last sentence encapsulates the nub of the problem. Older people, who had seen recessions before, were less prone to such ovine behaviour. But I still feel sorry for everyone that has taken a hit.
Who's Emma?I'd vote for that Emma after all the e-mails floating about yesterday!!!
Local Authorities failed miserably to build houses during the celtic tiger era as they did in the 1950s. But FF only got 30% at the last locals.
All governments subsidised property. FG, Labour, the Greens, FF gave mortgage interest relief.
And it was this subsidising of the property market that lead to distorted prices, a bubble, a crash and negative equity.
Who's Emma?
Where have you been Purple??? Only the best FG [broken link removed] so far!
Bad news...they removed it...
But good news I found it again
http://www.peoplesrepublicofcork.com/~peoplesr/forums/showpost.php?p=2697176&postcount=1
I vote for Emma
Yeah...I'd give it to her aswell... (my vote that isBad news...they removed it...
But good news I found it again
http://www.peoplesrepublicofcork.com/~peoplesr/forums/showpost.php?p=2697176&postcount=1
I vote for Emma
Shay Brennan is actually 35 years old! Am I the ony one who thinks he looks terrified all the time? All that responsibility on such young shoulders I suppose, all those family expectations...
Bad news...they removed it...
But good news I found it again
http://www.peoplesrepublicofcork.com/~peoplesr/forums/showpost.php?p=2697176&postcount=1
I vote for Emma
have to say the quality of FG candidates is high this time around. Those of you with dubious musical taste may remember this candidate from her time in Six (or was it 5, or 7???)
[broken link removed]
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