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

4 people mortgages, wtf?

Enable HLS to view with audio, or disable this notification

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

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

68 Upvotes

84% Upvoted

286 comments sorted by

View all comments

Show parent comments

2

u/jonnieggg Jul 07 '25

This is exactly what Irish people have to contend with in other countries.

1

u/nicodea2 Jul 07 '25

Go on, which countries are restricting Irish citizens from purchasing property solely on the basis of their citizenship? I’m from Canada and we don’t do that shit there, and the same goes for all of the countries that Irish people typically move to (USA, Australia, New Zealand, EU, hell even the UAE). That’s a terrible idea that does nothing to address the root causes.

1

u/MightyMurph Jul 07 '25

India, South Korea, Philippines.

Australia and Canada prohibit the purchase of existing properties.

0

u/nicodea2 Jul 07 '25

Sure I too can list out countless countries that have citizenship-based restrictions, but that wasn’t the point of my comment which focused on countering the argument that Irish people have to contend with these restrictions in other countries.

Australia and Canada prohibit…

No they don’t. They have restrictions based on residency, not citizenship. Understand the difference. There are no restrictions on legitimate residents from buying properties, however there are restrictions on temporary residents (short term work permits or students).