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  1. #21
    Truth.ie Truth.ie is offline

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    Is there ever a good time to buy property in Belfast?
    It's a kip.
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  2. #22
    Hunter-Gatherer Hunter-Gatherer is offline

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    Quote Originally Posted by Truth.ie View Post
    Is there ever a good time to buy property in Belfast?
    It's a kip.
    how many years before the old Global Warming gives Belfast a climate like Galicia ?

    Last edited by Hunter-Gatherer; 9th October 2016 at 08:58 PM.
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  3. #23
    Watcher2 Watcher2 is online now

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    If you buy now, what will you do when Britain doesn't actually exit Europe?
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  4. #24
    HarshBuzz HarshBuzz is offline
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    It's a terrible time to buy.

    With a hard Brexit such as is now being proclaimed, NI (massively dependent on HRM's treasury and EU transfers) will sink even further into economic irrelevance. The middle classes will flee (probably down south) and we'll be left with the welfare-addicted bigot class. That does not bode well for property prices.

    Wait five years and you'll be able to buy whole streets in Belfast. Although why you would want to is beyond me.
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  5. #25
    TruthInTheNews TruthInTheNews is offline

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    Property in NI has gotten 10% cheaper since Brexit. The pound is tipped to go lower in the medium term. What would be a better investment? Apartment or house?
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  6. #26
    The Eagle of the Ninth The Eagle of the Ninth is offline

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    They are buying.

    Heres what an Englishwoman I know did. She couldnt afford to get on the housing ladder in the South of England, so she took out a mortgage on a cheap as chips Belfast terrace, did it up, moved in tenants, and parlayed that into a nice place in Blighty.

    Buy to let is booming - look at Trovit for an indication.
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  7. #27
    Watcher2 Watcher2 is online now

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    Quote Originally Posted by TruthInTheNews View Post
    Property in NI has gotten 10% cheaper since Brexit. The pound is tipped to go lower in the medium term. What would be a better investment? Apartment or house?
    Just buy currency, or open a sterling account. Much cheaper with less fees and no hassle. Sterling is due to get even cheaper. When they decide not to trigger A.50, you could cash in almost immediately on the knee jerk reaction.
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  8. #28
    Truth.ie Truth.ie is offline

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    Quote Originally Posted by TruthInTheNews View Post
    Property in NI has gotten 10% cheaper since Brexit. The pound is tipped to go lower in the medium term. What would be a better investment? Apartment or house?
    Link?
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  9. #29
    Watcher2 Watcher2 is online now

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    Quote Originally Posted by Truth.ie View Post
    Link?
    The link police. Dive for cover people, someone doesn't believe sterling has fallen and needs some inane green text linking to a website no one ever heard of before believing what has been starring everyone in the face these past few weeks.
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  10. #30
    Toowoomba Toowoomba is offline

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    Quote Originally Posted by Truth.ie View Post
    Link?
    "Investor sentiment for sterling is extremely negative, which is reflected in the enormous net-short positioning in the futures market" notes Georgette Boele of ABN AMRO. "Moreover, the bias in the option market points to more sterling weakness, while GBP FX option volatility is also increasing.The move looks like a one-way street.

    The GBP to euro exchange rate trended near the day’s worst levels on Monday afternoon, occasionally slipping closer towards the key level of 1.09 as markets once again saw nothing appealing about GBP investment.



    British Pound To Euro Exchange Rate Forecast: Forget Best GBP EUR Rates As Sterling Enters Five Week Slump


    And now imported inflation is starting to bite, as hedge positions are closed.
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