Price of duplex in finglas

[Clown]

We still have a housing stock that is lower per head of population than the EU average, it's only over the last three years that supply has exceeded demand. This year demand will exceed supply and will start to reduce the overstock that is currently out there thus the current reallignment of the market.

Demand from who exactly? The Polish that are fleeing the country in their thousands, the 30,000 laid off construction workers, rising prices eroding exports, multinationals pulling back. The country is heading into a recession that cannot be talked out of. I admire your optimism but short to mid term, house prices will decline - fact.

http://irishpropertywatch.wordpress.com/2008/03/21/daft-ipw-report-12-2531-drops/

Daft IPW Report #12 - 2,531 Drops
Latest Drops
Over the period 22th February to the 19th March there 2,531 price drops and the average drop was €25,953 or 6.6%.
The 2,531 properties reduced the price by €67million in total.
The number of drops per day was 97.
Report available in html and excel formats.

 

[plant43]

I don't really have a vested interest as my property is just sale agreed at my asking price and I'm moving into town so in that way I don't care what happens in the area. I've had 5 viewings recently and 2 more scheduled for next week (if we don't go sale agreed) so demand in the area is high. There is no social housing in my estate and I'm nearly sure the same is true for Melville (is it called Melville or Cityside???).

FreddyB, 5 miles from town, 20 minutes on a bus, renting here is more expensive than a mortgage (thus making it more attractive to investors) prices won't go down, it's a sound investment. A pal of mine rents in Melville and his place is huge.

There is definitely social housing in Cityside/Melville. A quick read of neighbours.ie confirms this.

20 minutes to town on a bus from there is a bit misleading - it probably takes at least twice that in rush hour.

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[Clown]

There is definitely social housing in Cityside/Melville. A quick read of neighbours.ie confirms this.

20 minutes to town on a bus from there is a bit misleading - it probably takes at least twice that in rush hour.

Thats sociable housing, a ready mix of lovely friendly hard working young couples who embody what spirit of community is all about.

The 40A is a 20 minute bus ride into town (before 7:00a.m.) And sure you could walk it in 30 mins!