In this comprehensive and thought-provoking video, we delve into the complex and interwoven challenges currently facing Ireland. As a nation known for its rich history and vibrant culture, Ireland now stands at a critical juncture, grappling with pressing issues such as immigration, housing shortages, and rising inflation.

    We explore the multifaceted nature of Ireland’s immigration situation, examining both the benefits and the strains it brings to the local communities and economy. The video also sheds light on the escalating housing crisis, revealing how skyrocketing prices and limited availability are impacting Irish citizens and newcomers alike.

    Furthermore, we address the pervasive issue of inflation, discussing its roots and the ways it’s affecting everyday life in Ireland, from the cost of living to economic policies. This video aims to provide a balanced perspective, highlighting the voices and experiences of a diverse range of individuals affected by these issues.

    Join us as we navigate through Ireland’s current landscape, seeking to understand the challenges and opportunities that lie ahead for this resilient nation. Whether you’re an Irish resident, a global observer, or someone interested in socio-economic issues, this video offers valuable insights into the realities shaping Ireland today.

    🔔 Subscribe for more in-depth analyses on global socio-economic issues. Share your thoughts and experiences in the comments below – let’s engage in a meaningful dialogue.

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    What is happening to one of the wealthiest nations in the world why does no one want to live in a country that’s richer than Switzerland or Qatar well not everything about Ireland’s economic success is as it seems the reality looks a lot different from what we perceive

    When we dig beneath the surface and here is why first things first going back to time in the 70s and ‘ 80s a mix of worldwide and local factors teamed up to bring the country down in terms of money and people leaving then in the 1990s something amazing happened an economic boom called

    The Celtic tiger started bringing Ireland unprecedented success this Golden Era continued until the 2008 Global financial crisis hit causing the post 2008 economic downturn this downturn even made Ireland the most indebted state in the European Union fast forward to 2015 and the Republic was back on its feet not just growing

    But being the fast growing economy of that year but now what’s happening suddenly no one wants to stay in one of the richest countries in Europe so how did Ireland meltdown so quickly a big part of the problem was a real estate bubble similar to what happened in the United States easy money

    From Banks made it simple for almost anyone to buy or build houses causing prices to shoot up this boom went on for over 10 years but when the global recession hit in 2008 the bubble burst home prices dropped and people couldn’t repay their loans putting the banks at risk in recent years the

    Government borrowed more money to cover budget shortfalls in a struggling economy lenders like British Banks charged higher rates because they were worried about a potential default and this is when all the problems began tough times which ones you ask the pricey lifestyle in Ireland is pushing lots of people to explore

    Opportunities elsewhere housing and Healthcare are major concerns but it doesn’t stop there education and child care costs are also adding to the strain interestingly places like mayera offer affordable child care where crutes only set you back around 400 to 500 per month moreover other countries boast impressive and responsibly priced public

    Transport systems making it easy for people to get to work school and home without the headache of long commutes lion for example offers a monthly public transport ticket for under 26 and just 25 Ireland is experiencing steady flow of immigration especially among young graduates and working Millennials the

    Housing crisis being the driving force behind this Exodus has been made made worse by inflation putting a serious dent in the future prospects of these individuals situation in Ireland has gone from bad to worse since the economic crash of 2008 Rory Hearn a senior lecturer in social policy at Main youth University

    Pointed out we are starting to see a decline in the birth rate among young people because it is obvious that in order to have children and feel safe people want a safe home and they want to be able to to see that they can have a

    Safe home in the future at present young people have no certainty this uncertainty is fueled in large part by a high rate of tenant evictions in Ireland renters have little to no protection to add to the challenge the average house price in Ireland has soared to a staggering 305,000 this has prompted

    Investment funds and other property owners to sell aiming to maximize their profits we can all agree that it is a tough situation especially for those dreaming of a stable home and family life right as much as Millennials in Ireland find themselves caught in a tough spot they were too young to buy

    When property prices hit their lowest point a decade ago and now they struggle to gather enough funds for a house deposit and repayments the Irish Central Bank Demands a 10% down payment from firsttime buyers based on the property’s value there are also loan to income limits in place capping the amount these

    Buyers can borrow to four times their gross income to make matters worse rent and property prices have nearly doubled since 2013 this Confluence of factors has led to a significant decline in young home ownership with the percentage of homeowners age 25 through 34 plummeting from 60% to 27% over the same period

    Furthermore Ireland’s water supply system sounds like a bit of a puzzle Irish water was established to streamline the system under a semi-state body aiming to upgrade it while introducing direct payments from homeowners for water usage a departure from the indirect tax funding it had relied on previously the thought behind this move

    Was that people might use water more responsibly if they saw a bill at the end of the month however this initiative emerged during a time of austerity and folks were already stretched thin with bills this sparked a massive political B backlash leading to politicians ducking for cover and the suspension of Irish

    Water bill payments now the latest hicup is that roughly half the country paid their bills while the other half did not the big question looms do you try to get the protesters to settle their bills or do you refund those who did pay it’s a messy situation with no easy answers and

    The saga continues and so what have the people opted for instead for those opting to immigrate Europe remains a top choice but English-speaking countries like Australia and Canada also beckon as promising destinations for young Irish individuals seeking New Opportunities the attraction of diverse cultures job prospects and the chance for a fresh

    Start draws many to consider these International Horizons scholarships for PhD students abroad is also a PLL to move overseas given the lack of these in Ireland those opting to take up full PhD scholarships in other countries are doing because they don’t want to be PhD candidates without financial support or

    On scholarships that pay less than the minimum living wage in Ireland there’s a clear sense of not wanting to miss out on better opportunities with people exploring what’s out there Beyond Ireland to their departures in the Health crisis Ireland’s hospitals are caught in an endless cycle of Crisis due

    To a surge in wilter illnesses putting them under extreme pressure the Irish medical organization has raised the alarm indicating that patients are experiencing perilous waiting times for treatment the Irish nurses and midwives organization reported that last year marked the worst on record for hospital overcrowding and these conditions are

    Comparison patient safety a staggering number 121,122 777 children went without a bed in Irish hospitals last year in December 2022 alone the Irish nurses and midwives organization recorded that 11,842 people were admitted but couldn’t secure a bed the general secretary Phil n Shiga highlighted the challenging circumstances stating that their members

    Spent the year working in a constant state of Crisis a concerning situation for both healthc care providers and patients alike all these leave us wondering in the face of Ireland’s housing and health care struggles what’s one solution you believe could make a positive impact share your insights in

    The comments below and don’t forget to like subscribe and stay tuned for more insightful content See you in the next video

    9 Comments

    1. Not one mention of the mass immigration to ireland (like in UK and EU ) with government housing illegal economic migrants ,many with not documentation/passports /ID …and all fighting age MALES ! Leaving indigenous with no help or homes …..

    2. This documentary could be about Britain and most other EU countries. Exactly the same story regarding the economy and property, the health care service and Skilled people emigrating to Australia, New Zealand, etc. It’s a European situation, Ireland is just one EU member state in which this documentary could be about any. ✌🏻

    3. The government has made it nearly impossible for landlords to evict bad tenants, hence they are leaving the market. Any properties available for rent, are being given to Ukrainians, as the government gives the landlord 800 per month, tax free, to do so, but they won’t tell the public that. Believe me I work in the department dealing with it.

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