He's talking about the housing market statistics that Daft released.
Internet traffic has nothing to do with the housing market anyway. Popularity as a vendor doesn't necessarily mean that more buyers are visiting the site. Don't forget the site is also used for renting.
i know he was but in his / her arrogance didnt even bother to check the link otherwise would have known that.
I'd really like this thread to be kept openput quite simply your talking through your This post will be deleted if not edited to remove bad language , i've been a web developer for years and know the internet business inside out THERE IS NO SCIENTIFIC FORMULA FOR GATHERING RAW TRAFFIC STATISTICS they are what they are plain and simple ,
are you deliberatly being vague to try and confuse what your talking about or what
As I said, it may increase in popularity as a vendor for various reasons (costs etc) without an increase in interest from buyers.the website statistics were posted as rebutal from the bulls saying that daft.ie is growing in popularity hence the increase in the amount of properties for sale when in fact daft.ie's traffic seems to stay pretty much the same throughout the whole year which debunks the bulls theory
the website statistics were posted as rebutal from the bulls saying that daft.ie is growing in popularity hence the increase in the amount of properties for sale when in fact daft.ie's traffic seems to stay pretty much the same throughout the whole year which debunks the bulls theory reposes the original question
I know of at least 2 apartment blocks in the Dublin 4 area retained by the builder for private use. These are approx. 600 in total. In another area only 1 block of 5 in the development was occupied but all got census forms, this accounts for another 500 alone and that's just from personal experience.
............. what will happen when the whole area around Jury's gets redeveloped I wonder...
put quite simply your talking through your This post will be deleted if not edited to remove bad language , i've been a web developer for years and know the internet business inside out THERE IS NO SCIENTIFIC FORMULA FOR GATHERING RAW TRAFFIC STATISTICS they are what they are plain and simple ,
miju said:are you deliberatly being vague to try and confuse what your talking about or what
miju said:I quite happily own no property and to suggest that becuase someone doesnt own a property cant offer an educated opinion is pure ridiculous , in fact in the context of this thread it would be people like me who could perhaps have their finger more on the pulse of sentiment
miju said:rather than the jimmy and mary down the road who think they're property tycoons because they're subsidising a tenant in the hope of capital appreciation
mije said:alot of people ARE burying their heads in the sand with regards to property
miju said:as a matter of fact i'm not trying to silence any opposition whatsoever in fact i welcome it otherwise this thread would get boring and not make for a very good debate
miju said:ps: you should really stop barking up the wrong tree about statistics or at least understand what the statistics are because i've not posted any other than the website traffic ones
Well said miju. [FONT=Verdana, Arial, Helvetica, sans-serif]If this thread is locked, we should create another one to talk about personal and government strategies for getting out of this fine mess we've gotten ourselves into. This will be a challenge as Ireland is no longer able to control base lending rates (e.g. the U.S) or devalue its currency (e.g. China) to reduce the carrying cost of debt, deflate the debt and return to economic competitiveness.[/FONT]
Ireland can regain control over all the above - leave the euro but that debate wont be on the table until 2010 or 2011. A key reason for this debate will be that Ireland will need to run big budget deficits of 6% to 8% post 2010 like Japan did which will be forbidden by rules. Ireland entered the euro with our economy in a different cycle to the continent - we should have waited a few years. Not being in the Euro has not harmed the UK.
BOI's 35 yr 100% mortgage reflects trying to get to new younger customers in mid 20s and keep demand ramped up. Like alcopops from the drinks industry except there are limits imposed there by govt. These products push slowdown well into 2007 but mean that demand further out in a slowdown 2009 / 2010 will be reduced.
...and what do you conclude from that?
2Pack said:It seems that BoI (quietly) launched the 100% 35 year mortgage this week.
We are not Italy and will be allowed to run a 6-8% deficit for 3-4 years which is all thats required as the banks take the hit quickly . We will still stop before we hit 60% of GDP unlike the almost bankrupt Italians.A key reason for this debate will be that Ireland will need to run big budget deficits of 6% to 8% post 2010 like Japan did which will be forbidden by rules.
BOI's 35 yr 100% mortgage reflects trying to get to new younger customers in mid 20s and keep demand ramped up. Like alcopops from the drinks industry except there are limits imposed there by govt.
Charming, may I suggest you check you're own orifices....you'll propbably find you're head up there!!!
Settle down liteweight. Yes, we all know that Daft stats aren't worth a toss, but theres no need to get personal. Yourself, ninsaga, and steel are the bulls of this thread from what I can see so far, presumambly due to being somewhat exposed yourselves. Your opinions are more than welcome, but it would be better to back them up with actual reasons rather than just shouting for the thread to be closed (which isn't going to happen, since you know the owners of AAM are loving the hit count-why would they kill the golden goose?).
If there are no reasons, then we know you're just panicking.
I mean ninsaga said there that there was no reason for capital depreciation. Back it up or pack it up.
There have been some silly stats put forward which I have challanged ie.... the 'the house down the road from me hasn't sold for 5 weeks so that means that the bottom is falling out of the market' -type threads
BOI's 35 yr 100% mortgage reflects trying to get to new younger customers in mid 20s and keep demand ramped up. Like alcopops from the drinks industry except there are limits imposed there by govt. These products push slowdown well into 2007 but mean that demand further out in a slowdown 2009 / 2010 will be reduced.
Settle down liteweight. Yes, we all know that Daft stats aren't worth a toss, but theres no need to get personal. Yourself, ninsaga, and steel are the bulls of this thread from what I can see so far, presumambly due to being somewhat exposed yourselves. Your opinions are more than welcome, but it would be better to back them up with actual reasons rather than just shouting for the thread to be closed (which isn't going to happen, since you know the owners of AAM are loving the hit count-why would they kill the golden goose?).
If there are no reasons, then we know you're just panicking.
I mean ninsaga said there that there was no reason for capital depreciation. Back it up or pack it up.
Thats 1000 of them. Irrespective of why they are empty they are inhabitable and empty and they overhang the market. Ultimately they will be sold or rented and will help to swamp either of those markets.
They were accurate in April 2006 . 17% of the national housing stock empty is a scandal TBH.
2Pack said:There are places like Carrick on Shannon with swathes and swathes of tax designation empties in them. Wander around some Monday night and see the amount with not lights on.
Places like Enniscrone and Bundoran in the winter ...or indeed in April are full of Seaside Resort scheme empties as well.
Even once you take out the Rural Renewal empties and Seaside Resort empties you are still looking at 250,000 empties nationwide or 15%
2pack said:Some places are destroyed by market (not tax) driven holiday homing such as Roundstone in Connemara or Lahinch in Clare or Dunfanaghy in Donegal where much of the property is fallow most of the year.
The difference between a 30year 300,000 and a 35year 300,000 mortgage is basically E100 a month or E25 a week (less than any night out),this is simply the banks preying on the young and naive of the country.
The difference in interest that a bank makes between a 30 and 35 year mortgage is huge,the difference to the "customer" or "party to be sucked dry" is miniscule.
For any ftb's out there if you are going to buy,forego the 1 night out to the cinema a week and tell your "friendly" mortgage broker/bank manager to stick his 35yr mortgage.
So he said it first, that makes it okay? We'll have to take your word for it that you aren't exposed on the property market...Consider me settled. However, I wonder why you didn't make any comment to Miju when he/she told me I was talking through my This post will be deleted if not edited to remove bad language!!!!!!!!!! My post was in repy. You make a lot of assumptions, who said I was bullish about the market? I haven't made up my mind yet and like to look at both viewpoints. I know I am certainly not as bearish as most on this thread nor am I over exposed in the property market. So you can forget the panic chestnut.
Investigative journalists and researchers do that kind of thing all the time. Its neither childish nor unethical, its honest to god front line research, and I say fair play to Miju for doing it.I have asked for this thread to be closed, once, and that was after Miju contacted a vendor/site, feigning interest in a property, just so that he/she could report back here. I found it childish and unethical then, and I still do.
So your definition of "ethics" involves censoring the hundreds of people posting valid opinions and viewpoints on this thread? This is a discussion site about financial affairs, which makes this discussion bang in AAM's remit. Getting more traffic to that end is entirely their priority. If you don't like that, feel free to start your own discussion site.As to the owners of AAM 'loving the hit count', I would hope that this would not be their priority and that the moderators would take a more ethical stance.
If thats the case then you haven't read much of the thread, nor even that post from Ninsaga which I all but directly quoted. I have seen lists of excellent reasons for bearish sentiments, all of them factual, throughout this and other threads. I have neither the time nor the inclination to repeat them yet again for you.If ninsanga said there was no reason for capital depreciation, I would have to read the post before commenting. As for 'back it up or pack it up', I have yet to see any hard and fast statisical analysis by the bears on this site. Not surprising, it can't be done in a context, or indeed a forum such as this.
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