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About LinkBacks"Proud to be FF" won't trust banks that FF have backed? LOLOriginally Posted by Eurocitizen
O good God it is not in an Irish bank, God bless America
You have to appreciate the irony.
"Proud to be FF" won't trust banks that FF have backed? LOLO good God it is not in an Irish bank, God bless America
You have to appreciate the irony.
"Proud to be FF" won't trust banks that FF have backed? LOL
You have to appreciate the irony.
I would appreciate if you read all the posts, I did not choose where the money is.
So you would trust FF, enough to bring the money back into the country?
Who keeps Frank's Wiki page updated? The seem to be very quick to cover his tracks....
Revision history of Frank Fahey - Wikipedia, the free encyclopedia
Have you not read the posts ? good God are you really alive !!!!
Well done.O good God it is not in an Irish bank, God bless America
Good god, i've read the posts. Now unless you're actually thinking something you believe we all should know...
You inherited the money, you didn't say where from.
It's in an American bank?! My second question still stands. Would you still bring it back into this country?
'Tis just a question......
Frank has nothing to do with it.
I'll take it you're predicting that the property tax in the forthcoming budget will rip the arse out of what is left in the property market with an immediate 20% drop in values in December, immediately after the budget, a further 20% drop in each of January and February, compounding to a near 50% drop from pre budget prices.
March will then see the vultures gather and enter the market, enter Eurocitizen stage left. The remainder of the year will see a 10% recovery in prices as they find a stable level, but of course with the anomolies of % gains post % losses*, this still only brings the market back to ~56% of pre budget prices.
Following on from this post cataclismic bounce things will settle into a steady holding pattern of about 1% growth in House prices per year.
You can't make predictions about the property market, but if the above proves correct, you'll do well with your march investment.
If we don't have a further cataclismic colapse between now and March, then you're looking at the long slow decline in your investment value until an eventual cataclismic colapse or an upturn in employment.
[size=1]*it takes a 100% gain to recover from a 50% loss[/size]
They did, stuck on red of course, not to worry, NAMA gives them the same LTV as a 20/1 at Leopardstown.
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