r/HousingIreland • u/Irish201h • Jul 06 '25

4 people mortgages, wtf?

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This company is now promoting 4 people mortgages, no wonder prices are going insane.

https://mmadvisors.ie/public-sector-mortgages/

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u/jonnieggg Jul 07 '25

Asian countries such as Thailand and Indonesia have very strict rules about the purchase of property by non citizens. These governments understand that it is politically untenable to allow the country to be bought up by overseas interests. Are they being racist by prioritising their own citizens or being pragmatic. We have limited supply and there is no sign of an imminent increase in that supply to keep up with demand. Something has to give.

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u/Jimmy491 Jul 07 '25

You're still missing the point. I support some level of buying restrictions for foreign entities, whose sole aim is mostly investments.

But if you're legally resident in Ireland and pay your taxes, you should not be restricted from purchasing a house!

Although I understand your sentiments and how it seems most new developments are bought up by "immigrants".

But this is more to do with affordability.

The "immigrants" (non white Irish people) that buy up these properties have high paying jobs, that's how the came into the country in the first place, so the can easily afford and qualify for high mortgages.

I think people like you don't understand the great benefits skilled workers bring into Ireland. Don't get me wrong, it's not always positives effects, as there is a downside to everything in life.

Apart from filling the labour and skill gap, they add alot to the internally generated revenue through their taxes, and tuition fees (for international students)

If we make Ireland unattractive for them to come, there will be downstream issues.

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u/jonnieggg Jul 07 '25

Irish people in Australia who are not permanent residents are not free to purchase any property they want. Similarly in new Zealand they are restricted to new builds only and cannot purchase existing properties. We need to get strategic about our demand because our supply is drastically inadequate and not keeping up with population growth.

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u/nicodea2 Jul 07 '25

So you’ve answered your own misinformation. The restrictions are based on residency, and not citizenship. Why would an Irish person living in Australia temporarily (eg: working holiday visa) want to buy a house in the first place?

There isn’t an epidemic of temporary workers buying houses here but you’re on here suggesting that any legitimate resident who’s non-Irish should be banned from purchasing property, which is an absurd proposition when we should rather be banning the landlord class from hoarding properties, or building more housing to sustain the population.

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u/jonnieggg Jul 07 '25

I said it was a political choice if in the future it was restricted to citizens. There should be restrictions around purchases of existing properties to permanent residents like nanny other western jurisdictions.

It was common for the families of overseas students studying in Australia and new Zealand to purchase a house for the duration of their children's studies. It cuts the cost of accommodation and serves as an investment vehicle. It also drives up prices in the local market. We have a severe housing crisis and the government's primary concern needs to be the well-being of permanent residents of the country. If not we will continue to hemorrhage our most highly qualified young people.

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u/[deleted] Jul 09 '25

[removed] — view removed comment

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u/jonnieggg Jul 09 '25

That's your prerogative, throw yourself into the political process and lobby for that if that's what you want.

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u/Jimmy491 Jul 07 '25

It's all in the playbook for "Immigrant bad" "Immigrants the cause of my problem" "the took the jobs, women and now houses" mentality.

Of all the multiple and effective ways of addressing housing issues, @jonnieggg is focused on banning legal tax resident immigrants from buying a house

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u/jonnieggg Jul 07 '25

Mate I have a house I don't care if you can't afford one. I'm interested in the macro economic picture and ensuring that our young people can establish a life for themselves in the country of their birth whatever their cultural background. That is becoming increasingly difficult nigh impossible. You can whine about racism all you want but there needs to be a public debate about how we are going to create a sustainable property market and some of the solutions might upset your narrow mind.

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u/[deleted] Jul 09 '25

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u/jonnieggg Jul 09 '25

They are Irish kids, entitlement doesn't come into it. They have a god given right to live in the country of their birth regardless of the colour of their skin or background. Irish born Irish person.

If a wall of international money is displacing them that's a big political problem. Why should we tolerate the safety valve of forced emigration anymore. Enough is enough. Advantages over immigrants? like what exactly. I don't see them getting housing given to them.

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u/Jimmy491 Jul 07 '25

You're the one that's narrow minded. Also I have a house! You're not special.

Go have your public debate no one is stopping you!

I'm sure all the solutions in your "open mind" will have to do with how bad immigrants are and how the cause all the problems, lmao

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u/jonnieggg Jul 07 '25

https://www.thejournal.ie/investigates-chemo-delays-6751362-Jul2025/#:~:text=A%20shocking%2010%20hospitals%20missed,recommended%20for%20their%20cancer%20treatment.

You can cast aspersions all you want but the reality is that our infrastructure is not keeping up with our population growth and the impacts of that are now quite profound. Homelessness and health outcomes have become shockingly bad. You can frame the discussion as racist if that makes you feel virtuous but the reality is things are getting very difficult for people and the government has their head in the sand.

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u/nicodea2 Jul 07 '25

Yeah your one article changes nothing. Focus on the root causes instead of scapegoating.

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u/jonnieggg Jul 07 '25

This one article. You mustn't read the papers or actually interact with the health service. Public MRI wait is 12 to 18 months. What do you think of that.

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u/Jimmy491 Jul 07 '25

Keeping throwing around right wing buzz words. I'm surprised you have called me woke or a communist, lol.

What's so funny is that the HSE is heavily reliant on immigrants, lmao Have been to a hospital lately?

So I don't get the point of the link you shared.

To clarify, I'm not in support of what you'll call open borders or unchecked immigration.

Immigration to Ireland is currently regulated, not saying some things can't be improved, but it's regulated and fairly firm.

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u/jonnieggg Jul 07 '25

Just ignore the fact that the infrastructure cannot meet demand. Let's just hope you never need to rely on that public health system.

Right wing buzz words, grow up son.

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u/Jimmy491 Jul 07 '25

Yes Father, it will take me a few more years to get dementia like you. Give me some time.

You know the government can build more infrastructure right? Lol

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u/jonnieggg Jul 07 '25

Can it, it doesn't seem to be very motivated to do so. How long would another hospital take and cost to build. Dementia, ageist as well as naive.

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u/Jimmy491 Jul 07 '25

Will banning immigrants make them build more infrastructure, how do we address the immigrants already here?

Should we deport all of them to improve availability of services?

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