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a lot of which is already spend on credit cards...
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SteelBlue05
Guest
And I'd say a fair chunk of it will go into paying off loans from parents\credit unions etc for property.
Do you have a link for this, I wonder what it is 15% of? 15% of people save, people save on average 15% of there savary?
It sounds odd that we have all these savings but yet personal debt is going through the roof.
I think I saw a few of them walking out the door of the Powercity January Sale in 42 inch plasma TV form.
All those people ( alot) who purchased homes pre 1998 have lots of savings if they have not purchased additional property.
Those who purchased in recent years have no savings and with higher interest rates / slowing economy will not have until 2020
Fair dues to Feargal for long term approach and profits accumulated. I have no problem with those who have profited from the boom - thats the market economy. However the banks who should know better have provided far too high multiples and taken advantage of borrowers. This has consigned a generation to working for the banks for most of their lives while knowing if they get sick or lose their jobs then it could be curtains.
Those who purchased in recent years have no savings and with higher interest rates / slowing economy will not have until 2020
Fair dues to Feargal for long term approach and profits accumulated. I have no problem with those who have profited from the boom - thats the market economy. However the banks who should know better have provided far too high multiples and taken advantage of borrowers. This has consigned a generation to working for the banks for most of their lives while knowing if they get sick or lose their jobs then it could be curtains.
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miju
Guest
NO , NO , NO , NO , all of those searches for daft do not mean the daft.ie website
it the search term daft as in , daft stories , daft pictures etc etc you get what i mean
If that 15% includes SSIA savings then i wonder what it might fall too when the SSIAs are removed.
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SteelBlue05
Guest
I'd suggest at least 80% of searches for the word "daft" is related to daft.ie
Who ever searches for "daft stories"?! They would search for "funny stories" etc.
Just Google daft & look at the amount of links related to daft are there... it might surprise you but the world does not revolve around daft.ie
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tententwenty
Guest
To be honest I completely agree with this. There is little enough that can be learned in the property market from watching trends on a commercial website that may be gaining or reducing in viewers and advertisers at any given time, which also revolves around seasonal factors (not in the property market, in the number of people online). Something else to keep in mind is the age groups of those used to using the internet, versus the age groups of those buying second or investment properties. The demographics are badly skewed here.
The ones to talk to, the only ones I would trust to give a clear picture, are the revenue commissioners. Is there a location where we can get what should be public information, amount of stamp duty paid, taxes and so on, and the number of houses that were sold over the last months and years for each region, preferably with averages, medians and so on extracted and graphed, with a listing of first and second home buyers (as I believe there is a difference between a home to live and a property as an investment from the point of view of the revenue commissioners)?
Anyone got a link or someone we can call to get this info?
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SteelBlue05
Guest
No, not a surprise, but Daft has a way bigger brand name than any of the other results brought up by google, to me that would suggest that most people searching for daft would be looking for daft.ie rather than 3daftmonkeys.co.uk or www.daft-records.com.
Look, these google trends dont mean much anways.
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miju
Guest
indeed they dont but this was brought up as a counter to your reasoning the number of rising properties on daft is solely down to growing popularity when that simply isn't the case
actually , it may be growing in popularity because vendors are seeking more ways of dumping they're properties LOL
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SteelBlue05
Guest
the number of rising properties on daft is solely down to growing popularity when that simply isn't the case
I dont believe its the sole reason, I dont think I said that but I do believe its needs to be taken into consideration but without anyone here knowing how to quantify that I believe quoting Daft figures is...daft.
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phoenix_n
Guest
Need i say it but this continued talk whether google trend results on daft is indeed daft.ie is, well, a little daft !
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SteelBlue05
Guest
Yes, and this thread should be locked as its just gone way too big, too vague, and off topic in parts.
eehhh... how's about actually calling the Revenue commissioners
....what's this we business?
Yep..there are so many here who accurately predicting specific timelines in relation to what will happen & when it will happen.... how's about one of the taking a quick look into the crystal ball there & giving me the nos for the Euro Millions draw
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