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Showing results for tags 'ok but more msm under-reaction'.
Patrick Collinson says we should hope for a slow decrease in house prices - 1-2% below wage rises (what are those again?) each year - not a full-on crash, do we realise just how awful a proper crash would be? He's pretty tenant-friendly usually but what seems to me to be missing from this, as from so many msm articles, is an understanding of the sheer nihilism and desperation of people in a country where you can't buy and neither can you rent securely, so the life-preliminary of a secure roof over your head is basically not available to you. What do you lot think? I don't care how bad the consequences are, let it all burn down - and I've been very lucky with renting. It's interesting that about the worst thing anyone can think of is that credit will dry up. It wouldn't last forever and might it not be a less bad consequence than the consequences we're living with now? https://www.theguardian.com/money/2017/aug/29/house-price-crash-price-dublin-economy