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The Property Investment thread next door is quiet today isn't it?
WhatHome....
do you have any more links to cache price decreases. mentioned the impending crash (moment of weakness) and i'd like to show him some price decreases.
SMITHCURLEY estate agents have a superb opportunity to acquire a stunning three bedroomed semi detached family home coming to the market in showhouse condition throughout with no expense spared by its current owners. This property boasts a large rear garden and off street parking for 1/2 cars.
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"No expense spared"! You have to see the hallway.
WhatHome....
do you have any more links to cache price decreases. mentioned the impending crash (moment of weakness) and i'd like to show him some price decreases.
Of course its quiet! It takes a lot of concentration when you're gearing up to buy up what's expected to sell cheaply, in the coming year!
Ad of the decade.
SMITHCURLEY estate agents have a superb opportunity to acquire a stunning three bedroomed semi detached family home coming to the market in showhouse condition throughout with no expense spared by its current owners. This property boasts a large rear garden and off street parking for 1/2 cars.
[broken link removed]
Ad of the decade.
SMITHCURLEY estate agents have a superb opportunity to acquire a stunning three bedroomed semi detached family home coming to the market in showhouse condition throughout with no expense spared by its current owners. This property boasts a large rear garden and off street parking for 1/2 cars.
[broken link removed]
I note that in many of these "cached dropped price" threads the houses are vacant\bare - these must be the houses owned by investors because most owner occupiers are stuck in property chains.
Also the quality of the fittings in most of these pictures suggest that (despite the good addresses in some cases) there was no houseproud wife in residence at any time recently.
As suggested during this thread it appears that specuvestors will be quite happy to take tens of thousands off the price of their houses to shift them so it appears the housing market isn't as sticky as some people would think it is.
I'm forming the opinion there is no invisible support to the market that will prevent the market from collapsing - specuvestors want out at any price above their mortgage liability and developers have a financial imperitative to continue to develop on the land they paid over the odds for over the last few years.
Is that a fair assessment of the market?
Originally Posted by whathome http://www.askaboutmoney.com/showthread.php?p=288590#post288590
Never try to catch a falling knife
Unless you work in the circus?
i am sure its to soothe the frayed nerves of the workers who are competing with the migrants already here and if not under threat of displacement will have seen their wages and conditions lower than they otherwise would have been
The reason that the ERSI are calling for a brake on new migrants is the probability that there wont be work for them here. They mention the risk of the bursting US housing bubble but make no mention whatsoever of the higher risk Irish market? Pretty worthless analysis.
Example 5
Old Price €650,000
New Price €575,000 : Reduced by €75,000
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