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 Post subject: Re: Govt's New Affordable Mortgage Scheme
PostPosted: Thu Feb 15, 2018 12:09 pm 
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Our public representatives.
We chose them. Our own fault.


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 Post subject: Re: Govt's New Affordable Mortgage Scheme
PostPosted: Thu Feb 15, 2018 12:16 pm 
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Of Systemic Importance

Joined: Sep 13, 2012
Posts: 5469
TheJackal wrote:
Register shows extensive property and outside interests of TDs

https://www.irishtimes.com/news/politic ... -1.3392449

Quote:
More than a quarter of TDs are landlords

There are approx 76k private landlords in Ireland, excluding holiday homes.

Working population is what, 2.2m?

So that's 3%.

So another statement might be something like "TDs more than 8x more likely to be landlords than ordinary working people".

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 Post subject: Re: Govt's New Affordable Mortgage Scheme
PostPosted: Thu Feb 15, 2018 9:12 pm 
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Eschatologist wrote:
There are approx 76k private landlords in Ireland, excluding holiday homes.

Working population is what, 2.2m?

So that's 3%.

So another statement might be something like "TDs more than 8x more likely to be landlords than ordinary working people".


That's spurious.

Landlords are more likely to be wealthier and older than average. This is true the world over.

The median age in Ireland is 37. There are maybe ten TDs younger than 37.

The median TD (informed guess) is somewhat wealthier than the median voter too, although not by a huge amount, compared to the US for example.

No one has ever proved that TDs are more likely to be landlords than their demographic would suggest.



Several TDs are likely tenants as well.


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 Post subject: Re: Govt's New Affordable Mortgage Scheme
PostPosted: Fri Feb 16, 2018 8:42 am 
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There is nothing spurious about what I posted. The stats may be off, produce better ones if you have them.

It is unarguable that TDs are more likely to be landlords than the people they represent, even if you exclude the non working population.

It is debatable whether that motivates their decisions.

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 Post subject: Re: Govt's New Affordable Mortgage Scheme
PostPosted: Fri Feb 16, 2018 8:59 am 
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Eschatologist wrote:
It is unarguable that TDs are more likely to be landlords than the people they represent, even if you exclude the non working population.

It is debatable whether that motivates their decisions.

Well, let's have a look at how the landlords voted in the Right to Housing Bill 2017.

hmmm... I think I see a pattern.

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 Post subject: Re: Govt's New Affordable Mortgage Scheme
PostPosted: Fri Feb 16, 2018 9:50 am 
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Sein Fein the party that allows TDs a free vote in the Dail :)


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 Post subject: Re: Govt's New Affordable Mortgage Scheme
PostPosted: Fri Feb 16, 2018 9:53 am 
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Luan wrote:
Sein Fein the party that allows TDs a free vote in the Dail :)

Whatever about the many dismerits of Sinn Fein, shilling for landlords is not one of them. :D

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 Post subject: Re: Govt's New Affordable Mortgage Scheme
PostPosted: Fri Feb 16, 2018 9:57 am 
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Worth noting that Mick Wallace was the only landlord to vote against his own self interest.


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 Post subject: Re: Govt's New Affordable Mortgage Scheme
PostPosted: Fri Feb 16, 2018 10:03 am 
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Joined: Mar 30, 2016
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i find this obsession with TDs being landlords bizarre, being a small time landlord in ireland for the vast majority is the furthest thing from a lucrative side business.

if you were lucky enough to buy some apartments at rock bottom prices in 2011/2 maybe its worthwhile but for most people it isnt, its more of a pain in the neck than anything else.

a lot of friends of mind are accidental landlords and all they want to do is get rid of the property and leave it behind them


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 Post subject: Re: Govt's New Affordable Mortgage Scheme
PostPosted: Fri Feb 16, 2018 11:26 am 
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Eschatologist wrote:
Luan wrote:
Sein Fein the party that allows TDs a free vote in the Dail :)

Whatever about the many dismerits of Sinn Fein, shilling for landlords is not one of them. :D

Without doubt - however the Sein Fein support group was suggesting FF/FG TDs were voting to promote their own personal interests rather than according to the party whip.

Least we forget Sein Fein rules with a iron fist and has even banned its membership (under threat of sanction) from unauthorized discussions with journalists or the media. Freedom of choice is not something the party is particularly well know for :)


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