Leos Marie Antoinette moment - Cant people get deposit money from their parents

carlovian

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Leo "man of the people" Varadkar showed his Kings Hospital credentials yesterday.

Challenged on whether young people could realistically save for a deposit given the size of the
deposit needed and high rents, Leo encouraged young people to either emigrate or get the
money from their parents.

https://www.independent.ie/business/personal-finance/property-mortgages/leos-mortgage-mantra-emigrate-move-home-or-borrow-from-parents-36524257.html

Given that a lot of people dont have rich parents, then its off to the airports for another generation
of Irish youth.
 


Analyzer

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LEO IS USELESS.

The latest gaffe proves it.

LV, Coveney and Donohoe meeting a serial tax dodger, and proceeding to follow the advice of a serial tax dodger, on what to do with public money, merely confirms that LV is clueless.

This is so bad that even the DOBlin media cannot deflect that there is something damaging in this.

AIB debt writedowns for FG's main shareholder, and an insult to the intelligence of the people who are paying for this farce.

Meanwhile the Dublin local authorities implement rules to reduce the housing supply, so that local authority councillors can drive people to seek a place on the housing list, so that they can then demand more funding for themselves.

Dublin - a vertically challenged city, as administration centre of an increasingly powerful, extortionate, and aggressive state system.

WE NEED A TAX REVOLT !!!!!!
 
Last edited:

silverharp

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hes a bit of a pr1ck alright
 

hammer

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Responding to questions from Labour leader Brendan Howlin on people faced with the "hopeless task" of gathering deposits, Mr Varadkar suggested getting money from parents.

"It has always been the case that a person needs to raise a deposit to buy a house. People do it in many different ways.

"Sometimes people go abroad for a period and earn money. Others get money from their parents. Lots of us did.

"Others get money through other loans. Sometimes people stay at home for a period and raise a deposit in that way,"
he added.



Jaysus its terrible. Leo telling the truth :)
 

Disillusioned democrat

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LEO IS USELESS.

The latest gaffe proves it.

LV, Coveney and Donohoe meeting a serial tax dodger, and proceeding to follow the advice of a serial tax dodger, on what to do with public money, merely confirms that LV is clueless.

This is so bad that even the DOBlin media cannot deflect that there is something damaging in this.
 

Spanner Island

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This is a problem with Leo... always has been... he tells it like it is and despite people claiming they want politicians to be candid... many of them don't really like it when it happens... :roll:
 

statsman

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It is very hard to raise a deposit, and not everyone can get help from their parents, but we simply cannot return to 100% mortgages or to income/repayment ratios that are unsustainable. The fact is that buying a house isn't easy, has never been easy, and never will be easy for the majority of us. What's actually needed is a workable alternative, or a set of workable alternatives, to buying. You know, like in most of Europe.
 

Polybius

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Responding to questions from Labour leader Brendan Howlin on people faced with the "hopeless task" of gathering deposits, Mr Varadkar suggested getting money from parents.

"It has always been the case that a person needs to raise a deposit to buy a house. People do it in many different ways.

"Sometimes people go abroad for a period and earn money. Others get money from their parents. Lots of us did.

"Others get money through other loans. Sometimes people stay at home for a period and raise a deposit in that way,"
he added.



Jaysus its terrible. Leo telling the truth :)
There used to be a time before Fine Gael when people could rent a small place and still raise a deposit.
 

odlum

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Responding to questions from Labour leader Brendan Howlin on people faced with the "hopeless task" of gathering deposits, Mr Varadkar suggested getting money from parents.

"It has always been the case that a person needs to raise a deposit to buy a house. People do it in many different ways.

"Sometimes people go abroad for a period and earn money. Others get money from their parents. Lots of us did.

"Others get money through other loans. Sometimes people stay at home for a period and raise a deposit in that way,"
he added.



Jaysus its terrible. Leo telling the truth :)
Only a blueshirt would find such CONTEMPT acceptable.

Time for a cleaner government. It can't come soon enough.

Votáil FF.
 

mr. jings

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Leo "man of the people" Varadkar showed his Kings Hospital credentials yesterday.

Challenged on whether young people could realistically save for a deposit given the size of the
deposit needed and high rents, Leo encouraged young people to either emigrate or get the
money from their parents.

https://www.independent.ie/business/personal-finance/property-mortgages/leos-mortgage-mantra-emigrate-move-home-or-borrow-from-parents-36524257.html

Given that a lot of people dont have rich parents, then its off to the airports for another generation
of Irish youth.
Despicable stuff from Varadkar. Equally pongy is dynastic loudmouth Cowen railing against 'posh boys'.
 

Disillusioned democrat

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This is a problem with Leo... always has been... he tells it like it is and despite people claiming they want politicians to be candid... many of them don't really like it when it happens... :roll:
I have to agree - there's far more to be excited about in terms of Varadkar's leadership and FG policies than him stating the obvious.



People should be complaining that the deposit needs to be €100k to buy a modest house and that it's impossible to save that while paying record rents to tax-free vulture funds....not that some people get a bung from The "Bank of Mum and Dad".
 

Golden Phoenix

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Says it all when a qualified doctor needs the Bank of Mum & Dad to house himself.

And as for the Taoiseach of the day suggesting that people need to emigrate............
 

Disillusioned democrat

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Says it all when a qualified doctor needs the Bank of Mum & Dad to house himself.

And as for the Taoiseach of the day suggesting that people need to emigrate............
Now, that's another issue - €500k in tax funded medical college costs píssed down the drain 'cos Varadkar wanted to impress his parents.
 

hammer

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There used to be a time before Fine Gael when people could rent a small place and still raise a deposit.
The reasons rents were cheap in 2000-2008 or so was because practically everyone could get a home and a mortgage.

The Central Bank were asleep and the Banks threw money at every Tom, Dick & Harry.

What happened then ?

Landlords were getting 2% returns ( rent ) and did`t give a fu ck because house prices were rising at about 10% per annum.

Now rents in general have rise to where they should be ( bar some landlords acting the boll ix with over crowding etc )
 

Analyzer

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Says it all when a qualified doctor needs the Bank of Mum & Dad to house himself.

And as for the Taoiseach of the day suggesting that people need to emigrate............
We do not have enough medical graduates in Ireland. Not near enough.
 

hammer

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Only a blueshirt would find such CONTEMPT acceptable.

Time for a cleaner government. It can't come soon enough.

Votáil FF.
Dream on sucker.

I read today that FFs plan to reduce mortgage rates to EU average will put an extra €60,000 on the value of homes :)
 


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