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Poll: Should older people be 'incentivised' to downsize their homes?

Such an initiative is being proposed by the Independent Alliance ahead of October’s budget.

THE INDEPENDENT ALLIANCE has tabled a list of budget suggestions with Minister for Finance Paschal Donohoe.

According to the Irish Times the suggestions, contained in a document presented to Donohoe, includes Shane Ross’s by-now infamous ‘granny grant’ idea, and a call for tolls on motorways to be capped at €5 per day per user.

Plans are also floated to ‘incentivise’ older homeowners to downscale their home in order to alleviate the housing crisis.

Those incentives would include “reducing stamp duty on the purchase of a property under a certain size by a person over a certain age who has sold a property over a certain size”. So, as an example, a person over-65 with a four-bed property say would perhaps be exempt from 1% stamp duty if selling their current home and buying a two-bed property.

But would that work? And is it a good idea or just a vote-grubbing exercise?

We’re asking: Should older people be ‘incentivised’ to downsize their homes?


Poll Results:

No (5960)
Yes (3410)
Yes, but not like this (2443)
Not sure / Don't know (779)

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173 Comments
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    Mute Stephen Dunne
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    Feb 1st 2013, 5:13 PM

    #3 and #4 sum up perfectly what is wrong with this counry. Noel Harrington is claiming expenses amounting to more than double the average industrial wage. And the front line guards are being cut to fund this.

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    Mute Paddy
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    Feb 1st 2013, 5:20 PM

    I agree 100% with you. It honestly makes me sick. I was driving from Galway to Limerick for work for 2 years, costing me a hundred euro every week. I was earning 26k at the time. It’s such bull sh1t these fellas on 100k a yr get expenses just to come to work! And the unvouched 15 k they get keeps me awake at night. Anyway feck it it’s Fridat. Rant over:-(

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    Mute Declan O'Neill
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    Feb 1st 2013, 6:56 PM

    It’s absurd. I pay my own way to work… these TDs are no doubt on huge salaries, they should be paying their own way to work too…

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    Mute ADEBAYO FLYNN
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    Feb 1st 2013, 4:52 PM

    Well, I’m goin on the piss. Have a nice weekend.

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    Mute Mike Clinton
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    Feb 1st 2013, 5:01 PM

    Enjoy,and if you give the Healy-Ray family a shout they will send a driver around to bring you home.

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    Mute Conor Hickey
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    Feb 1st 2013, 5:27 PM

    The whole island is an open prison.

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    Mute Paddy
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    Feb 1st 2013, 5:21 PM

    *Friday*

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    Mute Dwickedchicken
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    Feb 1st 2013, 11:20 PM

    Do they mean all the prisoners have escaped from the Dail?
    Biggest open prison in Dublin.
    Full of gangsters.

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