Originally Posted by Expose the lot of them
[I]In at least one scheme, prospective buyers have been paying deposits for homes that haven't even received full planning permission, a practice which was unheard of even in the boom years.

Originally Posted by Dunlin3

Anyone paying deposits for homes that haven't even received full planning permission seriously needs their heads examined given what has happened in Ireland over the last decade. Fools and their money.......

Have you not heard! they are moving the central mental hospital from dundrum out to Rathcoole!

Originally Posted by mr. jings

...and that banks are opportunist fair weather parasitic scumbags.

How dare you say that the banks are "opportunist fair weather parasitic scumbags" !

For Gawd's sake they are opportunist ALL WEATHER parasitic scumbags!!!!!!!!!!!

Declines in property prices accelerating – January 2013 CSO indices published
February 28, 2013 by namawinelake

Declines in property prices accelerating

CSO: Residential property prices down 1.5% in February | BreakingNews.ie

Average residential property prices fell by 1.5% last month, the Central Statistics Office revealed today.

Prices were 2.6% lower when compared to February 2012.

The annual rate of decline has slowed however, from a rate of 3.3% in January, and from a rate of 17.8% over the previous 12 months to February 2012.

The monthly rate of decline has increased however, from 0.6% recorded in January to today's figure of 1.5%.

In Dublin, residential property prices fell by 0.3% in February, but were 3% higher than a year ago.

Dublin house prices fell by 1% in the month, but were 2.5% higher compared to February 2012.

Dublin apartment prices were 7.8% higher when compared with the same month of 2012.

However, the CSO warned that "sub-indices for apartments are based on low volumes of observed transactions and consequently suffer from greater volatility than other series".

The price of residential properties in the Rest of Ireland (i.e. excluding Dublin) fell by 2.1% in February compared with a decline of 3% in February last year.

Prices were 6.1% lower than in February 2012.

House prices in Dublin are 55% lower than at their highest level in early 2007.

Apartments in Dublin are 59% lower than they were in February 2007.

Residential property prices in Dublin are 56% lower than at their highest level in February 2007.

The fall in the price of residential properties in the Rest of Ireland is at 49%.

Overall, the national index is 51% lower than its highest level in 2007.