Ireland’s Guide To Money And Living

Consumer watch

Consumer watch

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Clamping down on motorists

The Irish Times has obtained clamping figures for Dublin city this week, identifying the top clamping spots for motorists. Mespil Road, Waterloo Road and Gardiner Street Lower occupy the top three spots, with a combined €200,800 in clamping fees paid to Dublin City Council in 2016. Total fees amounted to more than €4.2 million last year, not counting fines paid out to private clamping companies on privately-owned property.

The article quotes Labour councillor Dermot Lacey as believing that the system of parking enforcement has become more punitive in nature.

“I do accept that clamping has to be a control of traffic in the city centre, but I think when you see cars being clamped on half empty streets then this is most definitely an issue,” he said.

Toast or a home?

In other news, the so-called millennial generation has been told to stop forking out for pricey avocado toast and other extravagant items if they want to get on the property ladder. Australian millionaire Tim Gurner has faced a backlash from some quarters for his comments, given his fortune made through real estate.

While at the heart of Gurner’s comments was the need to avoid needless splurging, commentators have argued that the point simplifies the problem and ignores other issues. Writing in Australian newspaper the Herald Sun, columnist Susie O’Brien noted that “The reality is that house prices have outstripped wages growth in this country. It’s as simple as that,” a sentiment that might not be unfamiliar to those trying to purchase a home in Ireland.

House to hotel

Finally, features an interesting investigative piece regarding a fake Dublin hotel on Booterstown Avenue that somehow overlooks the Grand Canal several kilometres away. The supposed hotel’s website (which seems to have been stripped of all information) gave an address that is actually the location of a house on Booterstown Avenue, and promises luxury rooms and a swimming pool among other features.

“Young men living in India have claimed that a recruitment agency told them they had secured work at the hotel and that they needed to pay up money for admin fees. The owners of the house have nothing whatsoever to do with the website,” writes Garreth MacNamee.

Though the website looked relatively professional, several spelling and grammar mistakes might have raised a few eyebrows, while the testimonials also seemed a bit suspect – according to one Alice Boyd, she “Had one night cruising with Hotel View Villa, it was one of the best moment me and friends had in Komodo. Huge wooden Phinisi boat, with attention to the details, the sun deck for sunbathing and stargazing at night…”

Unfortunately, one doesn’t tend to see many (or any) traditional Indonesian phinisi boats traversing either Dublin Bay or the Grand Canal.

When not writing about all things personal finance, You & Your Money's editor Conor Forrest enjoys reading, football and getting lost in an ocean of Wikipedia articles.