To me, a tax of under 0.1% is pretty close to 0. If only ETF's enjoyed the same treatment, it might be easier to save up for a deposit!
We agree that scarcity is what makes houses more expensive.
Edit: I can't reply to below but ETF's suffer from deemed disposal, where even unrealized gains are taxed at 41% after holding them for 8 years. https://irishfinancial.ie/how-you-calculate-deemed-disposal/
Isn't the annual property/wealth tax on an ETF €0?
ETF's suffer from deemed disposal, where even unrealized gains are taxed at 41% after holding them for 8 years. https://irishfinancial.ie/how-you-calculate-deemed-disposal/
Weirdly, individual stocks are not affected by this, which encourages riskier behaviour on the part of investors. I really don't understand it.
To me, a tax of under 0.1% is pretty close to 0. If only ETF's enjoyed the same treatment, it might be easier to save up for a deposit!
We agree that scarcity is what makes houses more expensive.
Edit: I can't reply to below but ETF's suffer from deemed disposal, where even unrealized gains are taxed at 41% after holding them for 8 years. https://irishfinancial.ie/how-you-calculate-deemed-disposal/