Housing Crisis getting Worse
Is the housing crisis getting worse, is it getting harder to buy a property.
The nightmare of buying a house in Ireland may become even harder. The housing market is in a state of flux, and it’s impacting people across the globe. From soaring prices to shifting dynamics, rent skyrocketing, developments being rejected, changing government regulations, higher interest rates, states pumping billions into the market, and demand outstripping supply, we’ll explore the key trends that are reshaping the market, the winners and losers and how you can best prepare. Like & subscribe if you get value from these videos. It helps me to keep making them.
It’s not all doom and gloom, some people have done well, if you are one of the 1 million homeowners that own their own home mortgage-free in Ireland, there is no crisis for you.
But if you are one of the many 20 to 40-year-olds dreaming of buying a home, or if you’re simply curious about the factors shaping real estate and your chances of buying a home, keep watching.
Let’s start with the challenges young people face when it comes to buying a home. I am not going to pit one generation against or who it is harder for. Personally, I think we live in a fantastic time. But buying a house is a very hard task and its getting harder and going to get harder for these 10 reasons.
My name is Shane Fleming a chartered property expert with over 18 years of experience in real estate, a degree in property economics. The views in these videos are my own and are just entertainment no investment advice has been provided.
Credit to : Shane Fleming