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    1. upthetruth1 on

      Source: https://www.espon.eu/sites/default/files/2024-06/affordable_and_quality_housing_leaflet.pdf

    2. bathtubsplashes on

      Contrary to popular belief, we are not one of the poorest countries in the world. Mad, I know

    3. cheating-test_com on

      You can see that it is cheaper in non-urbanized areas because fewer people can live there. There are not many jobs, so as a result, prices have to be lower.

    4. Rameez_Raja on

      Lmao, literally downvoted to hell for presenting actual data. 

      Anyway I’ve always thought it’s more to do with availability than prices, there’s just very little of anything available and much of it is in pretty bad state for what it goes for. The fact that a Drumcondra semi D starts at 600k wouldn’t sting as much if there were tons of 350K 2 bed apartments available in like Stoneybatter. 

      Low availability also means rents will be crazy, so most will struggle to just save up for a deposit. 

    5. CurrencyDesperate286 on

      Yeah, house purchase prices are actually quite low relative to wages here, partly due to limits on lending. Renting is the big issue.

    6. Ok_Insurance_6746 on

      Coming from central Europe, what shocked me were the rents, but the prices for buying property are not that terrible. It is still crazy to me that landlords here can get the value of their property through rents within a few years. A lot of countries in Europe have laws to prevent that

    7. LimerickJim on

      Define income. If this is defined using some per capita gdp formula it’s very not relevant to Ireland due to how tax loop holes inflate gdp without inflating salaries.

    8. Due-Improvement-3516 on

      Ofcourse – this is not surprising at all. It’s rent that is the outlier. Rent making it impossible to save for a deposit.

    9. commndoRollJazzHnds on

      Unrelated to the spirit of the post, but I love that there is a cutout section for Liechtenstein and several islands that is just „no data“

    10. Natural-Ad773 on

      Jesus it’s as if we are not actually living in a dystopian nightmare.

    11. KerryDevVal on

      It makes sense to be fair, like look at Portugal in popular tourists spots its just impossible for a local to buy with their wages.

      Then there is Finland where some areas experiencing depopulation there is nice enough homes for sub 50k.

      Our house prices are outrageous but at least we don’t got to compete with rich foreigners driving prices up for the most part

    12. ToothpickSham on

      As someone who lived on the east

      -Wages at 1k-1.5k are normal (minimum wage hardly 700e) and the good near shored grunt tech work is deflating

      -Certain hubs like Krakow, warsaw , riga and tallinn, have a tourism problem on goods market but especially digital; nomads have driven up local markets

      -Other inflation are so high (gas especially since the war) , if you are renting out something, you might as well make it worth it

      I rented a place for 200e in 2020 , they even put new kitchen shower in. Friend took in 2023, couple sold to a property company, stripped the new appliances they got for me, rent 430e, more than 100% inflation

      2025 god knows what it is. Its more a piss take there more than here because you have wayyyy more empty stock due to post 1990s flight never recovering, apartments just sitting their unoccupied but owners living abroad cant be arsed dealing with them

    13. -Clearly-confused on

      Are people saving 60% of their income? That seems like a high figure

    14. theAbominablySlowMan on

      Our house prices are tied to income. If we didnt have this housing shortage and our AVG prices were constrained to be 4x average salary still, we’d have the most affordable housing in Europe. Unfortunately that heavy handed regulation is what also made it a lot less appealing to build here and 15 years later it’s taking a major toll

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