67% of first-time buyers believe now is a good time to buy a home...

[Davidoff]

The simple economic reality is one of mass unemployment, rising net emmigration, rising taxes, falling government spending, lower net earnings, rising interest rates, a massive overhang of stock, and a single giant property owner in NAMA that will be doing nothing but selling for the next ten years.

Anyone who thinks that adds up to rising property prices is clueless.

[EUrJokingMeRight]

Good advice in the main OP. Prices are set to continue to fall. The bottom will be a long drawn out affair(the soft landing they talked about maybe?). Prices will stabilise at base levels for at least 6 months to a year in this climate.
Keep renting for now, and haggle with the landlord to reduce the rent even further.

[cozzy121]

Good advice in the main OP. Prices are set to continue to fall. The bottom will be a long drawn out affair(the soft landing they talked about maybe?). Prices will stabilise at base levels for at least 6 months to a year in this climate.
Keep renting for now, and haggle with the landlord to reduce the rent even further.

I can't believe you've just used the term "soft landing" and are advising people to buy property in this country.
Christ we have learned Nothing.

This country needs to move away from the “must get on to the property-ladder” mentality that corrupt-bertie and his boys told us.
Consider these points before you rush off to buy.

1. The quality of build of the vast majority of properties built during bertie’s bubble will be of a low to sub-standard quality, especially anything built in the final 3years of the bubble. I ask you to consider the recent cases of pyrite in concrete ruining peoples homes. These will only increase.
2. The management company running the apartment block / estate is more than likely bankrupt and it’s sole purpose is to generate revenue for the bank/NAMA. They will not look after their residents. They are not regulated thanks to bertie and his boys.
3. This country is a failure. Your taxes will be used to service the bailout of bertie’s bankrupt banks, your children will have to emigrate once their education ends.

[typical]

I can't believe you've just used the term "soft landing" and are advising people to buy property in this country.
Christ we have learned Nothing.

I don't know about general education but reading comprehension skills are clearly below par.

[pinemartin]

I don't know about general education but reading comprehension skills are clearly below par.

very true

[Bridget558]

They must be getting advice from Donnie Cassidy