[*Cost of living in dear old Dublin is rising again * (Cost of living in dear old Dublin is rising again – The Irish Times )
Dublin is getting dearer again and is now just outside the top 20 most expensive city in the world, according to the Worldwide Cost of Living survey which was published by the Economist Intelligence Unit this morning.
The survey compares over 400 individual prices across 160 products and services including food, drink, clothing, household supplies and personal care items, rents, transport, utility bills, private schools, domestic help and recreational costs in 131 cities across the globe.
Dublin was ranked number 21, up 13 places from the 34th spot it held this time last year. In 2012 EIU researchers said Dublin was the 30th most expensive city in the world while at the height of the boom in 2006 it was found to be 16th most expensive place to live.
The last government were of the opinion that competitiveness didn’t matter, looks like the current government is no different
Dublin is getting dearer again and is now just outside the top 20 most expensive city in the world, according to the Worldwide Cost of Living survey which was published by the Economist Intelligence Unit this morning.
The survey compares over 400 individual prices across 160 products and services including food, drink, clothing, household supplies and personal care items, rents, transport, utility bills, private schools, domestic help and recreational costs in 131 cities across the globe.
Dublin was ranked number 21, up 13 places from the 34th spot it held this time last year. In 2012 EIU researchers said Dublin was the 30th most expensive city in the world while at the height of the boom in 2006 it was found to be 16th most expensive place to live.
The last government were of the opinion that competitiveness didn’t matter, looks like the current government is no different
Shure who gives a f**k - property prices are rising
That was my thought exactly when I read it
Heaven help us if we’re forced to increase our corporation tax rates. I mean (seriously) what else has Ireland got going for it?
Bogman
March 4, 2014, 7:11pm
4
More great news and the sign of a thriving economy!
https://www.indymedia.ie/attachments/nov2010/santa.jpg
The consumer is ultimately to blame here,they really need to shop around.
The fundamentals are sound
I thought that as government policy “inflate away the debt” was the new “the boom is getting boomier”.
Blue Horseshoe
Presumably high rents explain the increased cost of living?
And will wages follow suit as readily as they did before?
Could I justify taking on a higher than originally hoped mortgage with the presumption that wage inflation will reduce it to a much lower burden over it’s lifetime. I wouldn’t count on it.
Of course Ireland could become more competitive if wages remain stagnant for the foreseeable. The ordinary folk will be able to afford less imported goods which should be good for our balance of trade too all the while they are forced to share in greater numbers in substandard rental accommodation to keep a roof over their heads.
