160,000 people own four homes or more

Bear in mind that if you own a pre-63 split into units, then each of these is classified as a "house".
 
Protocol said:
Bear in mind that if you own a pre-63 split into units, then each of these is classified as a "house".
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And all the 'unit's' now created with the NPPR database, the household charge database, and no doubt put into the LPT database.
 
Protocol said:
Housing stock in Census 2011 was 1,994,845.

http://www.cso.ie/en/census/census2...profile4theroofoverourheads-housinginireland/
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http://namawinelake.wordpress.com/2...homes-apiece-leaps-by-nearly-50-in-two-years/

Above is link with a list of all properties that were registered with NPPR in last few years. A total of 339,431 properties were registered as NPPR in 2011 across 183,551 people. Less than 50,000 of these people own 3 houses or more (including their PPR) so article in Indo is way off the mark.

I would imagine they meant 160,000 people own two or more houses.
 
@goingforgold, perhaps you should email the author and ask them for the source of the information.

Around 160,000 people – or 10pc of those who have paid the property tax – own four homes or more.
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Taohua said:
And 80% of them are in negative equity I say.
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I'd agree with that. But things are getting better you know !! It really is amazing that the Media, who have been so good in talking the market down for the past five years, are now doing the opposite to encourage people to go out and start buying again.

And all without a working banking system and a vile and expensive mortgage business.
 
I know we can't talk about house prices on this website, but apparently people were 'camping' overnight for a sale of new houses in Belmont, Stepaside last weekend!!! Slept in their cars in an orderly queue.
Big thread over on boards.ie about it.

The insanity never went away you know, it was just bubbling away under the surface!
 
Delboy said:
apparently people were 'camping' overnight for a sale of new houses in Belmont, Stepaside last weekend!!!
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You're kidding me, this is great news altogether, I'd love another bubble because I'd definitely make no mistake and cash out this time.
 
Bronte said:
You're kidding me, this is great news altogether, I'd love another bubble because I'd definitely make no mistake and cash out this time.
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With due respect, I think we would all like to think that we'd all get it right if it wen't again ;) :)

Truth be told, Dublin (and perhaps some of the other cities) is a very different market to much of the rest of the country.
 
MrEarl said:
With due respect, I think we would all like to think that we'd all get it right if it wen't again ;) :)

.
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Luckily I'm still young enough that I might live to see it :D I've just paid 1600 for repairs while fighting with an insurance company on a 10K bill where the roof fell off there a few weeks ago. But I've a lovely new roof I suppose and it was actually technically a good time, though I didn't think so Xmas week, when all the builders were on builders holidays, but I didn't get flooded, very close.... so I'm still just about insurable. And the tenants didn't leave.
 
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