Judge Says Cases are Showing Up to 80% falls in Property Values

[Eamonn20Bn plus interest]

We were told by NAMA supporters that only development land and houses outside Dublin had fallen.
66% falls for finished properties in Newbridge this week, in the Dublin commuter belt!
If banks/developers/government weren't keeping so many properties off the market i.e. if they were letting it function normally, prices would be were they should be, through the floor.

[jmayo]

We were told by NAMA supporters that only development land and houses outside Dublin had fallen.
66% falls for finished properties in Newbridge this week, in the Dublin commuter belt!
If banks/developers/government weren't keeping so many properties off the market i.e. if they were letting it function normally, prices would be were they should be, through the floor.

Ah but you see we couldn't have that happen.
As some would tell you a good economy is based on good house prices and as frank fahey would swear house prices will be soon if not already be rising.

[Eamonn20Bn plus interest]

Frank and the Brians are suffering from acute cases of house price flue. They really believe they can restart the bubble. NAMA will cost us €40 BILLION.

[stanley]

Ah but you see we couldn't have that happen.
As some would tell you a good economy is based on good house prices and as frank fahey would swear house prices will be soon if not already be rising.

You can almost hear Frank Fahy telling the drugged/plssed faithful " LTEV really means today not in 10 years, we did it before, we'll do them all again".

[Eamonn20Bn plus interest]

Fourty Gaffs Fahey is FF's second most vocal spokesman on NAMA, the leading non-ministerial FF expert. So when he is so enthusiastic about NAMA you can be sure it is taxpayer robbery.

[stanley]

Fourty Gaffs Fahey is FF's second most vocal spokesman on NAMA, the leading non-ministerial FF expert. So when he is so enthusiastic about NAMA you can be sure it is taxpayer robbery.

A lot of Frank's mates whom he advises on property will now want his assistance in getting their loans into Nama, payback time, Frank will stuff Nama and walk away from the Dail, scot free.

[Eamonn20Bn plus interest]

NAMA assumes property has fallen by 50%. FF's house price flue has given us this awful scheme.
Taxpayers will lose €40 BILLION. The fact that Fahey is their second most prominent spokesman indicates how immoral FF have become. They don't even realise he has a giant conflict of interest!

[stanley]

NAMA assumes property has fallen by 50%. FF's house price flue has given us this awful scheme.
Taxpayers will lose €40 BILLION. The fact that Fahey is their second most prominent spokesman indicates how immoral FF have become. They don't even realise he has a giant conflict of interest!

I would think they know very well about Fahey's conflict of interest but are probably more concerned to keep his connections and interests in properties away from the media, he might be up to his billicks in borrowings with any or all of the Irish banks, Anglo and INBS being the favs.

Fahey's connections to Ballymore are well known, Peter Bacon is a former Director and Mulryan is probably the biggest Irish property player in these islands.

[Eamonn20Bn plus interest]

I would think they know very well about Fahey's conflict of interest but are probably more concerned to keep his connections and interests in properties away from the media, he might be up to his billicks in borrowings with any or all of the Irish banks, Anglo and INBS being the favs.

Fahey's connections to Ballymore are well known, Peter Bacon is a former Director and Mulryan is probably the biggest Irish property player in these islands.

So FF have selected a developer to lead their case on NAMA. This shows what they think of us. FF/banks/developers are now merging into one hideous entity.

Why are Dermot Ahern and Michael Martin so silent on NAMA? Ahern was very vocal about Henry's cheating. Martin loves the cameras. I think they know it will be a €40 BILLION disaster. Lenihan is just to stupid to see and Fahey is pursuing his own interests.