Property prices NI fastest rising in Europe

[terry666]

Northern Ireland
Average Cost: £210,116
Detached: £318,298
Semi-detached: £189,994
Terraced: £166,618
Flat: £190,725


Change in last quarter: 36.6%
Change in last year: 59.7%
Sales: 285203

Up 59.7 % so much for republicans claiming the Northen economy is rubbish.
On the radio it stated they were the fastest rising in Europe.

Whats the average prices in the republic ?

[RetiredProvo]

Northern Ireland
Average Cost: £210,116
Detached: £318,298
Semi-detached: £189,994
Terraced: £166,618
Flat: £190,725


Change in last quarter: 36.6%
Change in last year: 59.7%
Sales: 285203

Up 59.7 % so much for republicans claiming the Northen economy is rubbish.
On the radio it stated they were the fastest rising in Europe.

Whats the average prices in the republic ?

House price inflation in North is based on nothing more than hype.
They will keep raising for at least another 12 mths and depending on how BOE treats interest rates will raise at a slower rate.
One of the main reasons for property price increase is the fact that the Housing Executive have practically stopped building new schemes.
So those who used to depend on them can now get mortgages as the banks are throwing money at them.
The NI economy is the most subsidised in Europe, with the Brits pumping billions into every year.

[terry666]

Scotland and Wales are also heavily subsidised infact everywhere outside London and the SE is.

Is it not better they control building in the North, instead of allowing villages and the countryside to be wrecked by over building which is whats happening in the south ?


Is it not good that the UK funds proper roads, an NHS, proper infrastrucre in the North ?


Would you rather it was like the South ?

[terry666]

Where have all the republicans gone.

[RetiredProvo]

Scotland and Wales are also heavily subsidised infact everywhere outside London and the SE is.

But nowhere near to the extent of 6 counties.

Is it not better they control building in the North, instead of allowing villages and the countryside to be wrecked by over building which is whats happening in the south ?

I'll not disagree with you that the Republic is nearing a state of
" overbuild " with many areas left with houses that are lying empty.
It will be interesting to see what the Stormont executive will do to this very unpopular measure of restricting rural developments.

Is it not good that the UK funds proper roads, an NHS, proper infrastructure in the North ?

It has become very evident that Westminster has taken a conscious decision to pull back on subsidising the place. NHS crisis, water charges, etc. Maybe they are hoping Dublin will row in and give them a hand as the place certainly would not stand on it's own feet.

Would you rather it was like the South ?

In a word - No
As a Republican I'm working towards something better !
:wink: