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Pressed four times, housing minister refuses to say if he wants house prices to fall (www.thejournal.ie)
submitted 2 weeks ago by to c/ireland@lemmy.world
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[–] -3 points 2 weeks ago (10 children)

Sure, but regular folks who struggled to buy a house and have a lot of their wealth wrapped up in it can get wiped out if prices drop. Housing issues should be treated as wage issues. Bind wages to the average cost of housing.

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  • [–] 6 points 2 weeks ago (9 children)

    Dafuq? I live in my house because it's my home. It's not an investment portfolio. If housing costs go down then all that means is my property tax goes down. GOOD.

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  • [–] 0 points 2 weeks ago (8 children)

    Unless you ever want to sell the house or borrow against it. If it's worth less than you bought it for while everything else around you gets more expensive, you're in trouble.

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  • [–] 4 points 2 weeks ago (7 children)

    Yes, I'm in trouble if I see homes as commodities. I don't. What's so hard to understand?

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  • [–] -1 points 2 weeks ago (6 children)

    How much did you spend on your home? Home much do you make in a year?

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  • [–] 3 points 2 weeks ago (3 children)

    You're not getting the point. Landlords and speculators should be abolished, the homes nationalized.

    Ask me how much I make. Psshhttt

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  • [–] -1 points 2 weeks ago (2 children)

    If you own a home, and don't care about it maintaining its value, you are either family rich and spoiled, or you're stupid. Which is it?

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  • [–] -1 points 2 weeks ago (1 child)

    If you own a home, and don't care about it maintaining its value, you are either family rich and spoiled, or you're stupid. Which is it?

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  • [–] [S] 3 points 2 weeks ago* (last edited 2 weeks ago)

    That’s the cold-blooded perspective, so you’ve omitted the most important options:

    Caring about greater society, equality and the harms caused to the environment by the growth/extractive mindset.

    You’ll also make money from investing in the arms trade, by the way.

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