I wonder would the Times feature any arcticles about people going well in excess of the asking price, I have my doubts. People will read into a situation as to how it suits them.
Mr. Man
Could you expand on this a bit please? It seems to be a criticism of the Irish Times and it makes no sense to me.
sure it's all just balancing off what we had to put up with in the ten years prior to this year or have you forgotten
If you want to test out the theory why don't you start a counter thread asking for people who over the past months have achieved well in excess of the asking price for their houses. Maybe you'll be proved right? ...maybe not.
I'm not arguing that there is an obvious change in the market, but I don't agree the the property boom went unchallenged. Since late 1990's early2000 there has been a constant flow of economists stating that this would be the year that the bubble will burst etc, only for the opposite to occur, the papers got great revenue from ads, and TV took hold of the great new interest i.e property investment, but there was a counter argument.We've had the talker uppers so now we'll have to put up with the talker downers. I don't like it either but it would be hypocritical to feel aggrieved whilst having quietly (and profitably I suspect in your case Mr Man) accepted what has gone on before now
I could include examples from the last 3 months that have well exceeded asking price, but I doubt they would be believed.
I wonder would the Times feature any arcticles about people going well in excess of the asking price
Now Mr Man is, equally bizarrely, seeming to suggest some conspiracy to prevent positve coverage
The papers in my view are providing for the sentiment thats out there,
Now you have the self congratulating economists and anyone putting up a positive outlook is condemned as a spoofer.
You'd be hard put to get anyone to say things are getting better now. Houses are going down, thats a fact.
Even the houses that are going above the asking have been reduced so the excess sale price is below what they would have went a year ago.
Whether you are buying or selling can't change what is in print, your post isn't exactly clear as to why you consider my post as nonsenseSurely rising/falling property prices can be positive/negative depending on whterh you are buying/selling? So asking "why do papers not report good news on property prices" is a nonsense
point was that the 'falling property market' makes news and it is rare to see a positive story out there (Times or otherwise)
As a potential first time buyer, I would consider a falling property market as a positive story. This is the point made by Welfarite earlier.
Furthermore, if a falling property market IS the news, then why would we want the paper to publish otherwise ( myhome.ie funded "soft-landing" property pull-outs aside).