House prices (1 Viewer)

[7 - No tomorrow]

A great time to buy in Dublin it would seem.

Prices can only go up.

 

[Space]

Prices are going up really fast at the moment.

 

[JohnnyRaz]

is this thread sponsored by DNG?

 

[7 - No tomorrow]

is this thread sponsored by DNG?

Sponsored by the Irish obsession with land.

 

[ann post]

I contacted the CSO yesterday for work to see how things were fairing in the 'rest of ireland'

the answer is that they surveyed the whole 'rest of ireland' as one thing, i.e averaging the price of a gaff in rural west donegal with cork city.

I'm not sure how 'scientific' the whole thing is basically.

 

[7 - No tomorrow]

I contacted the CSO yesterday for work to see how things were fairing in the 'rest of ireland'

the answer is that they surveyed the whole 'rest of ireland' as one thing, i.e averaging the price of a gaff in rural west donegal with cork city.

I'm not sure how 'scientific' the whole thing is basically.

Also, no one can get a mortgage and tons of people have yet to be foreclosed upon.

Still, buy buy buy!

 

[JohnnyRaz]

I contacted the CSO yesterday for work to see how things were fairing in the 'rest of ireland'

the answer is that they surveyed the whole 'rest of ireland' as one thing, i.e averaging the price of a gaff in rural west donegal with cork city.

I'm not sure how 'scientific' the whole thing is basically.

very limited number of overall transactions (even in dublin). similar problem with averages even in the city I'd imagine.

 

[Squiggle]

Prices are going up really fast at the moment.

Which indicates that the right time to buy was about 6-12 months ago, and the wrong time to buy is anytime between now and the next housing market collapse.

If I was in any way committed to staying in Ireland long term I'd have tried to buy last year.

 

[rettucs]

prices are going up due to a shortage of supply (rather than, necessarily, an increase in demand). This could be as much to do with people being reluctant to move for whatever reason.

Also, as far as I'm aware, these figures are based on cash purchases only, and don't factor in anything to do with mortgages, etc.

 

[Denny Oubidoux]

People with money planning to fleece the rest of us down the line

GET THEM

 

[washingcattle]

A great time to buy in Dublin it would seem.

Prices can only go up.

Mega LOLZ^^^

 

[7 - No tomorrow]

Nothing can go wrong @washingcattle
Nothing!

 

[mark]

They say Dublin, but is it not in reality only fairly specific areas of south Dublin that are seeing this spike in prices? Like all those people sitting on cash (or decent incomes) are now trying to buy in 'nice' areas?

 

[7 - No tomorrow]

They say Dublin, but is it not in reality only fairly specific areas of south Dublin that are seeing this spike in prices? Like all those people sitting on cash (or decent incomes) are now trying to buy in 'nice' areas?

That's exactly it. 'Desirable areas'

Finglas is still cheap as chips. Buy!!!

 

[pavlos]

Finglas is still cheap as chips. Buy!!!

How much is it for Finglas?

 

[7 - No tomorrow]

How much is it for Finglas?

You can have the whole lot for about the cost of a Jetta.

 

[nooleen]

imagine if everyone could buy a gaff and it wasn't too hard

that'd be nice

 

[тхеодоре кацзынски]

That's exactly it. 'Desirable areas'

I'm from one of these 'desirable areas' (well, semi desirable anyway) and will most likely never afford a house here. Hence my resentment of culchies.
I could always get my hands on and alter my parents will I suppose.

 

[rettucs]

I could always get my hands on and alter my parents will I suppose.

worth a go

 

[7 - No tomorrow]

I could always get my hands on and alter my parents will I suppose.

That works almost all the time.