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Thread: Crash? What Crash?

  1. #1
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    Crash? What Crash?

    Semi-d prices on the way up according to this guy in the Indo. Wow, that didn't last long did it? Surely we can rely on his word can't we?
    http://www.independent.ie/lifestyle/...p-1370259.html

  2. #2
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    Re: Crash? What Crash?

    It is a fair point to make that different properties, in different locations with different price bands will recover at different stages.

    3 Bed semi-D continues to be in demand - whether for couples setting up home, owner-occupier (and rent two rooms, with tax breaks is most economically sound and investors.

    1apts on the outskirts of Portloaise may need more time to return to their pre-May 2006 levels.
    Ditto anything in Leitrim, and othef counties where s. 23 was the leading pull on demand rather than need of places to live.

    If the population is goint to rise by 1m over the next 10 years (per CSO and IT report today of need for immigrants to continue economy) for some properties now is the time to buy (depending on price, location, access to schools and education and risk of tighter mortgage controlsetc), for the some oethers though, it may be worth sitting tight.

    But anyone, to whails that only fools would buy now, is the fool and is worse than the ejits would proclaimed 18 months ago, that if you don't buy now you will be left behind forever.
    We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns — the ones we don't know we don't know.

  3. #3
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    Re: Crash? What Crash?

    These journo's definetly are been influenced by the property sector.
    I don't think it can go anymore down than 10% this year and will stabilise.
    The projections on population growth are dependant on similar levels of migration(not likely).

  4. #4
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    Re: Crash? What Crash?

    The global derivatives market collapsed last autumn and now nobody is in control. This oncoming crisis will be the prelude to, among other things, the introduction by the globalists of, the NAU- the North American Union between US, Canada and Mexico as a ruse to rescue the american middle class, which of course it will do no such thing. .
    The rocket bombs which fell daily on London were probably fired by the Government of Oceania itself...

  5. #5
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    Re: Crash? What Crash?

    Anyone who thinks that the still ridiculously over priced Irish property market is going to "recover" anytime soon is really living in cloud cuckoo land. Prices will continue to drop at least another 25% before there's any chance of prices starting to stabalise...

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