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€100,000 houses in liquidation sale

Rebelheart · 2009-07-31 09:30:34

In the Property Section of this morning's Irish Times: http://www.irishtimes.com/newspaper/property/2009/0730/1224251661957.html?via=mr Imagine how cheap houses would get if the government of this state were not using our taxes to prop-up the banks and their developer friends. How many more examiners would have to be…

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31-07-2009 10:30am

#1

Rebelheart

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In the Property Section of this morning's Irish Times:

http://www.irishtimes.com/newspaper/property/2009/0730/1224251661957.html?via=mr

Imagine how cheap houses would get if the government of this state were not using our taxes to prop-up the banks and their developer friends. How many more examiners would have to be appointed to offload empty houses by reducing prices dramatically as the only way to get money back from bankrupt developers?

For those of us who have still to buy a house this state is using our taxes to keep house prices artifically high and screw us royally on both sides. It makes me sick, totally sick.

PS: No wonder bank shares rose dramatically this morning, just after the details of the state's handout via Nama were released. AIB has risen 7.25% so far today and Bank of Ireland has risen 8.14%: http://www.rte.ie/business/markets/iseq.html

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#2 31-07-2009 10:32am
TestTransmission

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http://www.boards.ie/vbulletin/showthread.php?t=2055636235

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#3 31-07-2009 10:36am
Rebelheart

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jackncoke wrote: »

http://www.boards.ie/vbulletin/showthread.php?t=2055636235

Damn, it's Friday already!

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#4 31-07-2009 10:37am
Whosbetter?

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Cheaper house prices is good news for first time buyers.

Bit of a sickener for those who bought approx 2 years ago at the top of the 'boom' though.

Serious Negative Equity.:(

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#5 31-07-2009 10:44am
engrish?

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Rebelheart wrote: »

Imagine how cheap houses would get if the government of this state were not using our taxes to prop-up the banks and their developer friends.

Man I am getting so sick of this retarded opinion.

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#6 31-07-2009 10:48am
Rebelheart

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engrish? wrote: »

Man I am getting so sick of this retarded opinion.

Elaborate, Albert.

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#7 31-07-2009 10:50am
dr.bollocko

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jackncoke wrote: »

http://www.boards.ie/vbulletin/showthread.php?t=2055636235

Probably best to keep discussion to the above thread.

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