They keep going on about mortgage interest relief but it only applies to relatively new mortgages.
Fair play to those clever enough to realize work does not pay .I doubt 1.40 an hour increase in minimum wage will be enough to motivate you to get out of bed before the First race .
Fair play to those clever enough to realize work does not pay .I doubt 1.40 an hour increase in minimum wage will be enough to motivate you to get out of bed before the First race .
This! I wonder who's gonna pay for all this? And as I posted in another thread, what company is gonna employ people when it's so expensive to do so.
And let's not forget the national debt - it's hasn't gone away, you know...
It's worth noting that they've started talking down the dangers of a flagging economy as soon as the shinners are winning in the polls.Putting it in people's mind that the shinners might fuk things up even more if people want them in.
Some people might be better off if the allowances apply to them. Overall,with inflation continuing, I cant see it balancing out for me as everthing is still cosing more and a lot of the Governments mirage tactic's are just one offs. At least they did not hit the Drinnkkk? :2cheers
Big Dommo knows Maths 22.5 Billion wont clear the backlog or waiting lists .Paggo says they will recruit more Staff .Check with the Universities there has been no increase in the amount of Nurses or Doctors attending Universities .SO WHERE ARE THE STAFF COMING FROM .Will they migrate here for work and need housing .Solve one problem cause another one .
We've about 160K left on this mortgage, so I guess we're in for the paltry €1,250 mortgage interest relief.
We've about 160K left on this mortgage, so I guess we're in for the paltry €1,250 mortgage interest relief.
Only if you have a variable or Tracker Mortgage .If you have a fixed rate deal you get nothing .
SB I'm curious as to why ya didn't get a cheap fixed rate a year ago when they were easy to lock in and all the talk on the news was about rising rates.We sat on the fence. We didn't realise there was a permacrisis, and that we'd have to bail out Europe, plus fund the war in Ukraine.
Rates are likely gonna keep rising and that's still a decent size loan to have at 160k.Mine has been fixed since June 2022 until 2025.
Ah ok SB thanks for the honest answer.It's hard to pick which way to go sometimes.At least the 1250 will ease some of the pain.We had a good run with the tracker for years. now we're paying €300 extra per month. I never understood why mortgage holders could help reduce inflation by reducing spending power, yet those in social housing are buying new cars.
It's odd that the government gave two fingers to the ECB by putting money back in the pockets of those that rate rises were meant to hurt.
I handed back my tracker to BOI many years ago knowing full well the consequences and somehow I still got compo out of the tracker enquiry because they're shit at their jobs and didn't keep proper records.
Today's IT:Ah ok SB thanks for the honest answer.It's hard to pick which way to go sometimes.At least the 1250 will ease some of the pain.We had a good run with the tracker for years. now we're paying €300 extra per month. I never understood why mortgage holders could help reduce inflation by reducing spending power, yet those in social housing are buying new cars.
It's odd that the government gave two fingers to the ECB by putting money back in the pockets of those that rate rises were meant to hurt.
I handed back my tracker to BOI many years ago knowing full well the consequences and somehow I still got compo out of the tracker enquiry because they're shit at their jobs and didn't keep proper records.
Ah ok SB thanks for the honest answer.It's hard to pick which way to go sometimes.At least the 1250 will ease some of the pain.We had a good run with the tracker for years. now we're paying €300 extra per month. I never understood why mortgage holders could help reduce inflation by reducing spending power, yet those in social housing are buying new cars.
It's odd that the government gave two fingers to the ECB by putting money back in the pockets of those that rate rises were meant to hurt.
I handed back my tracker to BOI many years ago knowing full well the consequences and somehow I still got compo out of the tracker enquiry because they're shit at their jobs and didn't keep proper records.
For those who do not listen carefully .The Government say they will have to pay 3.3% on a Ten year bond .That means they have to pay that interest rate on borrowed money .Now how much do you think the Banks will want from you for your Mortgage if they can get that return off the Government .You can expect to pay at least 3.5% for your Mortgage for the next ten years .