I bought in 1998 and sold in 2007Should have bought that house in Lucan in 2000 and sold it in 2006. As it all pans out, though, I'm delighted I never bought a house in Ireland at all.
For me, the biggest lesson learned is that should we ever get into a situation like this again, then you'd be better off trying to get the biggest loan you can to build as many houses as you can, siphon the revenue off into an off shore bank account and then declare yourself insolvent. Then retire to your off-shore haven whilst watching taxes going up back in Ireland. Any other lessons out there?
I bought in 1998 and sold in 2007
Nice one! I'm nearly as happy for you as I am for the fact I DIDN'T buy! Nearly, but not quite, as I probably won't have had the same foresight!
Should have bought that house in Lucan in 2000 and sold it in 2006. .
Did you not have to buy again ? if not well done youI bought in 1998 and sold in 2007
Did you not have to buy again ? if not well done you
The biggest lesson will be for people to actually read small print, realise that their decisions impact on them and are their responsibility. A lesson that needs to be learned is that no matter how much we give out and slag off those who we think are better off than us, we are in the situation that we are in and if we don't dig deep to get out of it nobody else is going to do it for us. It is getting really tiresome listening to the moaning about tax when we all know it is needed and saying 'I didn't get us into this mess' doesn't cut the mustard as everyone has benefitted to some degree from the boom.
You are forgetting that sometimes OTHER peoples decisions impact on us even more!
And yeah how dare we give out about the state of the country,we should all be locked up for it ,and while were at it,ly back and think of Brian cowen (uhhhhhhhh maybe not_)
The biggest lesson will be for people to actually read small print, realise that their decisions impact on them and are their responsibility. A lesson that needs to be learned is that no matter how much we give out and slag off those who we think are better off than us, we are in the situation that we are in and if we don't dig deep to get out of it nobody else is going to do it for us. It is getting really tiresome listening to the moaning about tax when we all know it is needed and saying 'I didn't get us into this mess' doesn't cut the mustard as everyone has benefitted to some degree from the boom.
Just listened to the podcast. Have to agree with you on that point, it was pathetic.If I didnt laugh I would cry. . . When I heard a lady on Pat Kennys show yesterday nearly crying at lenihan because all she had was her house in Ireland, her house in Croatia and her €63,000 per annum at age 51 . . Seriously, just shows how delusional so many people are in this country . . Of anybody remotely thinks this woman should be pitied, then you are much, much, much better off then me and a majority of the public in this country. "I bought a house and Investment property" But " I cant afford this anymore because of the government" . . Wow, in a nutshell what so many people love to do . . Blame somebody else for their financial decisions .
Just listened to the podcast. Have to agree with you on that point, it was pathetic.
Why do you think we had a housing bubble? (and even exported our housing bubble)I can't believe there are people like this out there.
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