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I'll never be able to buy a house now!
Crap economy, huge house prices what a mess!
http://news.bbc.co.uk/1/hi/northern_ireland/6357637.stm
I'll never be able to buy a house now!
Crap economy, huge house prices what a mess!
Abstinence makes the Church grow fondlers.
I know, my brother bought a house in Newry about 4 years ago. It's tripled in value !!!!!
Crazy stuff ...
1,197 people agree with me.. how many agree with you ?
There needs to be more affordable housing built.Originally Posted by st333ve
RIRA not in my name-Traitors to Ireland MMcGuinness; People are entitled to cultural & social equality MLMcDonald; We have a length to go understanding unionism GAdams
Mine doubled in one! It's insane. What goes up is going to come back down in a very messy manner.
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I wouldnt be too concerned about house prices in the North falling, there have been people sayinng that about the south (including myself) for about five years now. The North has definitley a period of catch-up to do, if prices fall, it wont be anything close to what they have increased by.
Incidentially, was watching Al Gores "An inconvenient truth" recently and what struck me was that the earths population has increased by 100% over the last 50 years from 2.9 to just under 6 billion. By 2050 it will be at 9 billion and extra 50%.
You have to ask, and considering that people generally congregate in cities, where are all these people going to live? Is it fair to say that the space you occupy now will be populated by .50 persons extra in 50 yrs time? Is property the new gold? And should everyone and anyone who can afford to invest in property do so now?
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Property prices are falling in the 26 counties and have been for some time. Daftwatch and The Property Pin can enlighten you on this, as can the thread on Dublin house prices in p.ie.
Anyone buying at the top of a bubble market has to be insane.
Anyone recommending others to do so is likely to have a vested interest in the market.
Therefore I am forced to ask, are you an estate agent, an auctioneer, or a property supplement reporter?
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your average joe in the ROI gets paid better than in the north but, infact the ROI has i believe the 9th best income per head in the world.
Northern ireland wouldnt make the top 20, britain is about 15 i believe.
Abstinence makes the Church grow fondlers.
The northern bubble is caused by the southern bubble. It's as simple as that. 2 reasons: southern speculators buying up every house they can get their hands on; and northerners catching the Laddermania virus from southern friends. I've been watching it closely for the last few years, tis really quite fascinating to watch human herd dynamics in action.
My mothers house quadrupled in value since 2001.
Don't worry, the same forces that drove northern HPI will work just as well in reverse. By 2012 everybody will be telling you yer mad to invest in property and property only ever goes down. Such is the fickle nature of the human goldfish herd.
Je suis un loo-lah
I am sceptical enough to believe that Hains stricture on new rural build is to keep the housing prices rising to
1 get a feel good factor among the chattering classes
2 help out building speculators and thus keep the envelopes moving
But then maybe not
Romanticist 75%, Fundamentalist 69%, Idealist 63%, Cultural Creative 63%, Postmodernist 56%, Modernist 44%, Existentialist 44%, Materialist 19%
Pro Deo, Rege et Patria, Hibernia Unanimis
Question: might the perception of less danger of renewal of violence have some impact?...
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