'Twas a joke, but I did say more realistic.
Re being an EA..... eh I think I've established my credentials in the bear camp by now, no?
EDIT - and I see the smileys now....
Sorry - I tried to multitask and forgot the smilies....
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Sorry - I tried to multitask and forgot the smilies....
O
Open_Window
Guest
Re: what about this ?
If we have already reached oversupply well then all those developments I pass to and from work are in big trouble.
I am sure everyone passes at lest 4-8 residential developments everyday communitng.
If we have already reached oversupply well then all those developments I pass to and from work are in big trouble.
I am sure everyone passes at lest 4-8 residential developments everyday communitng.
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partisan
Guest
That assumes a fixed amount of "value" or wealth in the system. The new lines are creating wealth for the areas they pass through. The new Luas lines add value or wealth to the area (wealth/value being good stuff that people want), so people will be willing to spend more of their own current and future earnings (than they otherwise would) to purchase homes on the commuter lines.
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StoppedClock
Guest
Also assumes value of property is somehow related to proximity to decent transport links which it clearly isn't (if it was most property in Dublin would be worthless)
4 months ago there were 3 properties available for sale on myhome.ie in Mount St Annes. Now there are 13. Investors getting out while they still can.
That said, a guy I know just bought [broken link removed] (or something similar) with his friend.
450,000 for a 560sq ft 2-bed. Madness - I've seen bigger 1-beds.
That said, a guy I know just bought [broken link removed] (or something similar) with his friend.
450,000 for a 560sq ft 2-bed. Madness - I've seen bigger 1-beds.
M
miju
Guest
will be interesting to see what the bulls reasons for stalling prices are now that the government have clearly indicated that they will not be tampering with stamp duty in the budget this year going by newstalks coverage of the announcements today
slightly off topic , it seems the budget will be a very prudent one rather than the spending spree everyone was expecting which i think the government are right on
of course now the situation exists where theres no more excuses for the bulls for falling prices / asking prices and the government seem to be making the VERY wise move of not attempting to meddle with the irish property monster and it firmly looks like there's no more petrol to pour on this fire
one last aside , was REALLY hilarious to hear the economist say "they still might change stamp duty we never know" despite Brian Cowens comments to the complete contrary.....head, brick wall etc, etc
slightly off topic , it seems the budget will be a very prudent one rather than the spending spree everyone was expecting which i think the government are right on
of course now the situation exists where theres no more excuses for the bulls for falling prices / asking prices and the government seem to be making the VERY wise move of not attempting to meddle with the irish property monster and it firmly looks like there's no more petrol to pour on this fire
one last aside , was REALLY hilarious to hear the economist say "they still might change stamp duty we never know" despite Brian Cowens comments to the complete contrary.....head, brick wall etc, etc
S
StoppedClock
Guest
pernickety
Registered User
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asking price and sale price are so different, so how can you compare then and now...
Last Spring we had asking price of 380K, got an offer of 430K which we happily accepted.
If a similar house in similar area goes on sale now asking 380, it seems that sellers are being advised to accept 380 (or even less).
On paper that wouldn't look like a drop in the market.
Last Spring we had asking price of 380K, got an offer of 430K which we happily accepted.
If a similar house in similar area goes on sale now asking 380, it seems that sellers are being advised to accept 380 (or even less).
On paper that wouldn't look like a drop in the market.
Heard George Lee interview with Brian Cowan and he in no uncertain terms stated that he was 'not going to interfere with the property market' .
Rather surprised me...so with that in the public domain, if the EA's are correct we should see houses starting to be snapped up since there is no reason for people to hold back!
Rather surprised me...so with that in the public domain, if the EA's are correct we should see houses starting to be snapped up since there is no reason for people to hold back!
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dloob
Guest
Primetime is going to ask is the property boom over at 9:30
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dloob
Guest
Don't worry, M. Finnegan from SHF has said it will be a soft landing..... phew!!!
That was lucky
Still it's sure to have a big effect on public sentiment, I'm sure it will be a big shock to some people to hear about a slowdown.
That was lucky
Still it's sure to have a big effect on public sentiment, I'm sure it will be a big shock to some people to hear about a slowdown.
I want to see if Austin Hughes' toes are crossed, he is incredible. I really feel sorry for the saps who listen to his advice and then go and sign on the line which is dotted. He was hardly given a bumpy ride by Miriam, she was disappointing in this regard.
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