I signed my life away for the sake of city centre apt.

JONJO THE MISER

http://www.independent.ie/opinion/analysis/i-signed-my-life-away-for-the-sake-of-city-centre-apartment-2106182.html

I mean how utterly stupid can someone be, she brought in 2008 when everybody knew that house prices and the country was going down the toilet. :eek: 525,000 for a two bed apartment, theres a old saying that a fool is born every minute in Ireland and this certainly proves it and now the girl writes to a newspaper looking for sympathy, unbelievable.
I would not of minded her complaing if she had brought in 2006 or 2007 but she brought in May 2008 when even the dogs in the street knew what was around the corner.

Jesus Wept

Car parking space for 45k, well played.

discus

Jonjo, Rigger and Mr. S, you're all men of my own heart!

I couldn't believe that article when I read it. Basically, she said that she was hearing warning signs, but she just had to have that apartment once she saw it.

I'd be embarrassed to have my name and face go with that sheerly ridiculous confession piece.

mikom

JONJO THE MISER wrote: »

I mean how utterly stupid can someone be,

Jaysus JONJO, go for the conversion as well.
Five-points to seven if she's Australian as well.

Dord

How is this news?

sam34

a fool and their money are easily parted

My name is URL

This is just a rehash of another article she wrote last year.. not only is she a stupid bitch for paying that much for an apartment but she's also a lazy journalist

http://www.independent.ie/lifestyle/trapped-in-a-negative-equity-nightmare-after-dreams-of-city-apartment-living-turned-sour-1794601.html

Bodhan

Everything is easy to shoot down in hindsight. I agree that looking for sympathy is the wrong thing to do but I feel sorry for anyone who bought anything in the last few years as they were all overpriced.

Some people listen to what they want to hear, and if people are telling you about soft landings and everything will be ok, if that's all you want to hear then best of luck

akkadian

Mr.S wrote: »

"The two-bed showroom apartment on the fifth floor of a six-storey building cost me €525,000 at the time which included a parking space in my development for €45,000"

"I ignored repeated warnings both from my parents and the Central Bank and instead ploughed in head first and handed over the money."

What a tit.

some people are born stupid, some achieve stupidity, and some have stupidity thrust upon them.

Mrmoe

Anybody know the address? I have some magic beans to sell.

Blazer

In fairness to her she accepts it was her decision to buy despite warnings from the CB and her parents. Plus it looks like she's gonna stick at it and try to ride out the hardship so at least fair play to her on that point.
She's not like a few other joe soap's who bought houses well beyond their means and now want the taxpayers to bail them out so their houses are not repossessed.:mad:
I hear crap like let's wipe their mortages clean etc but to hell with that.
I'm not busting my ass working and paying 42% tax just so they can get free houses.
My thoughts are "fúck em"...you paid the price for living beyond your means so tough".
Sell your house/apartment if you can and downgrade to a cheaper one.

BongoJuice

How could anybody have sympathy for such outlandish clowns. She deserves everything she gets.

Ruu_Old

Feckin' eejit, no sympathy whosoever.

ballsymchugh

My name is URL wrote: »

This is just a rehash of another article she wrote last year.. not only is she a stupid bitch for paying that much for an apartment but she's also a lazy journalist

http://www.independent.ie/lifestyle/trapped-in-a-negative-equity-nightmare-after-dreams-of-city-apartment-living-turned-sour-1794601.html

i wonder how much it'll be worth the next time she mixes up the paragraphs like that?
hasn't she a grand job spouting shyte for that rag anyway..

sron

Dord wrote: »

How is this news?

People don't read the Indo for news, they read it for the witty insights of Brendan O'Connor, the in-depth analysis of the experienced and highly respected Kevin Myers, and all the gossip that the trollops on X-pose are too scared to handle.

tech77

"The cold wind of reality is never far from me and it constantly blows abruptly into my life".

Jaysus, for 575k you'd think she'd get a place with proper windows.

Seriously though, i don't get these whingers.
She was willing to pay this amount then, why not honour that and stop whining (negative equity or not).

banshee_bones

God, what a muppet. Seriously, ignored the warnings and ploughed ahead?


/Facepalm

funk-you

Moron. That is all.

-Funk

james finn

JONJO THE MISER wrote: »

http://www.independent.ie/opinion/analysis/i-signed-my-life-away-for-the-sake-of-city-centre-apartment-2106182.html

I mean how utterly stupid can someone be, she brought in 2008 when everybody knew that house prices and the country was going down the toilet. :eek: 525,000 for a two bed apartment, theres a old saying that a fool is born every minute in Ireland and this certainly proves it and now the girl writes to a newspaper looking for sympathy, unbelievable.
I would not of minded her complaing if she had brought in 2006 or 2007 but she brought in May 2008 when even the dogs in the street knew what was around the corner.

if she is still working she will get to keep it plus had she of waited she might not of got a loan, in time to come as the years go on, it will be worth it just like what happened in the past when people bought at the end of a boom and think its the end of the world but it always comes back.

For Forks Sake

Sunday indo in allowing imbecile to get their moronic ramblings printed shocker

Also:

riverside location of Grand Canal Quay

The clue is in the name.

I'd say the estate agent couldn't believe their luck the day she came calling

james finn

For Forks Sake wrote: »

Sunday indo in allowing imbecile to get their moroic ramblings printed shocker

Also:



The clue is in the name.

I'd say the estate agent couldn't believe their luck the day she came calling

if you guys could see it coming why didnt the banks when she walked in, id say she had/has lots of dollars to back it up.

BillyBoyBad

sam34 wrote: »

a fool and their the bank's money are easily parted

FYP

james finn

BillyBoyBad wrote: »

FYP

7%-10% house price rise forecast

By Brian O’Mahony
Saturday, January 09, 2010

HOUSE prices are set to rise 7%-10% having fallen up to 40% from their peak, according to a new report.

It also forecasts a strong rally with the share prices of the main banks set to double in value to over €3 in 2010.

These predictions are contained in the "annual surprise list" of Pramit Ghose, managing partner at Bloxham Stockbrokers.

Ghose says that strong private investor interests, who still own about 50% of each bank, will prevent the nationalisation of the two main banks, contradicting the strongly held view in the market that AIB will be majority state-owned some time this year.

He also expects that Irish prime commercial and residential property markets will bottom out in spring/summer of 2010 and then start to recover.

The move will be modest and backed by what Ghose sees as "pent-up demand, attractive yields, renewed international demand and improving mortgage availability". Both markets will end up 7 to 10% with positive momentum going into 2011.

On the currency front he expects the greenback will continue to strengthen, reaching $1.30 against the euro, while gold will retreat to a more modest $900-$950 an ounce from its current level of $1,130.

That dip in gold values well spell the end of investors’ love affair with gold as the global economic environment starts to stabilise, he said. That change will boost investor demand for income producing assets, he said.

Ghose also notes many of his forecasts came in very close to what he had forecast at the beginning of last year.

For 2009, Mr Ghose said the S&P would bottom out in February 2009 with the index reaching 1,100 at some stage over 2009.

It bottomed out on March 9, and then rallied strongly up to 1,115 at year end.

"It’s hard now to remember how bearish everyone was at the start of 2009, and that most strategists had been forecasting the S&P would fall below 750," he said.

His added recovery forecasts for this year are coloured by the view that the momentum of new money flows and continuing profits recovery would be offset by "disappointingly modest economic growth".

This story appeared in the printed version of the Irish Examiner Saturday, January 09, 2010

Why the sudden splurge of these types of stories now!

It's not that long ago it was "Houses are cheaper, buy before they jump up again!"
Are they hoping that with all this NE stuff that we'll forget that they pimped the upward spiral of house prices only three years ago!!!
Edit: how the Fuc'K can they predict a price rise!!!

/facepalm

MagicMarker

Renting FTW. I honestly can't see myself ever buying a house tbh.

james finn

Deleted User wrote: »

Why the sudden splurge of these types of stories now!

It's not that long ago it was "Houses are cheaper, buy before they jump up again!"
Are they hoping that with all thie NE stuff that we'll forget that they pimped the upward spiral of house priced only three years ago!!! :rolleyes:

7%-10% house price rise forecast

By Brian O’Mahony
Saturday, January 09, 2010

HOUSE prices are set to rise 7%-10% having fallen up to 40% from their peak, according to a new report.

It also forecasts a strong rally with the share prices of the main banks set to double in value to over €3 in 2010.

These predictions are contained in the "annual surprise list" of Pramit Ghose, managing partner at Bloxham Stockbrokers.

Ghose says that strong private investor interests, who still own about 50% of each bank, will prevent the nationalisation of the two main banks, contradicting the strongly held view in the market that AIB will be majority state-owned some time this year.

He also expects that Irish prime commercial and residential property markets will bottom out in spring/summer of 2010 and then start to recover.

The move will be modest and backed by what Ghose sees as "pent-up demand, attractive yields, renewed international demand and improving mortgage availability". Both markets will end up 7 to 10% with positive momentum going into 2011.

On the currency front he expects the greenback will continue to strengthen, reaching $1.30 against the euro, while gold will retreat to a more modest $900-$950 an ounce from its current level of $1,130.

That dip in gold values well spell the end of investors’ love affair with gold as the global economic environment starts to stabilise, he said. That change will boost investor demand for income producing assets, he said.

Ghose also notes many of his forecasts came in very close to what he had forecast at the beginning of last year.

For 2009, Mr Ghose said the S&P would bottom out in February 2009 with the index reaching 1,100 at some stage over 2009.

It bottomed out on March 9, and then rallied strongly up to 1,115 at year end.

"It’s hard now to remember how bearish everyone was at the start of 2009, and that most strategists had been forecasting the S&P would fall below 750," he said.

His added recovery forecasts for this year are coloured by the view that the momentum of new money flows and continuing profits recovery would be offset by "disappointingly modest economic growth".

This story appeared in the printed version of the Irish Examiner Saturday, January 09, 2010

more info »

Read more: http://www.examiner.ie/business/kfausnmhaugb/#ixzz0ipV2S76Q

YES IT WORKS

WalterMitty

Hopefully rich Mr Big comes along and rescues Carrie from her "negative equity in the city" hell.

mikom

When you're young, your whole life is about the pursuit of fun. Then, you grow up and learn to be cautious.
You could break a bone or a heart.
You look before you leap and sometimes you don't leap at all because there's not always someone there to catch you.
And in life, there's no safety net.
When did it stop being fun and start being scary?

BillyBoyBad

james finn wrote: »

7%-10% house price rise forecast

By Brian O’Mahony
Saturday, January 09, 2010

HOUSE prices are set to rise 7%-10% having fallen up to 40% from their peak, according to a new report.

It also forecasts a strong rally with the share prices of the main banks set to double in value to over €3 in 2010.

These predictions are contained in the "annual surprise list" of Pramit Ghose, managing partner at Bloxham Stockbrokers.

Ghose says that strong private investor interests, who still own about 50% of each bank, will prevent the nationalisation of the two main banks, contradicting the strongly held view in the market that AIB will be majority state-owned some time this year.

He also expects that Irish prime commercial and residential property markets will bottom out in spring/summer of 2010 and then start to recover.

The move will be modest and backed by what Ghose sees as "pent-up demand, attractive yields, renewed international demand and improving mortgage availability". Both markets will end up 7 to 10% with positive momentum going into 2011.

On the currency front he expects the greenback will continue to strengthen, reaching $1.30 against the euro, while gold will retreat to a more modest $900-$950 an ounce from its current level of $1,130.

That dip in gold values well spell the end of investors’ love affair with gold as the global economic environment starts to stabilise, he said. That change will boost investor demand for income producing assets, he said.

Ghose also notes many of his forecasts came in very close to what he had forecast at the beginning of last year.

For 2009, Mr Ghose said the S&P would bottom out in February 2009 with the index reaching 1,100 at some stage over 2009.

It bottomed out on March 9, and then rallied strongly up to 1,115 at year end.

"It’s hard now to remember how bearish everyone was at the start of 2009, and that most strategists had been forecasting the S&P would fall below 750," he said.

His added recovery forecasts for this year are coloured by the view that the momentum of new money flows and continuing profits recovery would be offset by "disappointingly modest economic growth".

This story appeared in the printed version of the Irish Examiner Saturday, January 09, 2010

Don't believe everything you read, or see.

The Irish Examiner has gained serious money from property ads over the last 7 years, their property section was a big money spinner for the paper. Vested interest speaks volumes.

james finn

hobbs, hes a pure spoofer. what happened to the eddie hobbs investment scheme, it went bust, he lost people a fortune. sad the irish government listen to him, he has not got a clue, bless him!!

BillyBoyBad

james finn wrote: »

hobbs, hes a pure spoofer. what happened to the eddie hobbs investment scheme, it went bust, he lost people a fortune. sad the irish government listen to him, he has not got a clue, bless him!!

And neither does Brian O’Mahony of the Irish Examiner

AARRRRGH

james finn wrote: »

hobbs, hes a pure spoofer. what happened to the eddie hobbs investment scheme, it went bust, he lost people a fortune. sad the irish government listen to him, he has not got a clue, bless him!!

himself and his brother were fleeced on property in Cape Verde too, which they were trying to offload on poor Paddy for years.

Sarn

james finn wrote: »

7%-10% house price rise forecast

By Brian O’Mahony
Saturday, January 09, 2010

HOUSE prices are set to rise 7%-10% having fallen up to 40% from their peak, according to a new report.

You might want to read this thread.

phew! all over .. property prices to rise 10% this year [Irish Times]

Two days prior to that article Alan McQuaid, Chief Economist, also from Bloxham Stockbrokers, predicted another 10 - 15% drop in property prices. It all depends on who you talk to.

Mr Benevolent

What is it lately about Indo hacks sobbing into their venti lattes?

james finn

AARRRRGH wrote: »

himself and his brother were fleeced on property in Cape Verde too, which they were trying to offload on poor Paddy for years.

oh hobbs got fleeced, the money man who knows everything till it comes down to his own money and other peoples money.

james finn

Sarn wrote: »

You might want to read this thread.

phew! all over .. property prices to rise 10% this year [Irish Times]

Two days prior to that article Alan McQuaid, Chief Economist, also from Bloxham Stockbrokers, predicted another 10 - 15% drop in property prices. It all depends on who you talk to.

So whos right and whos wrong, we know our boy hobbs lost his shirt, he got it wrong.

Diageio_Man

ah ha ha ha ha ha ha ha, HATE THAT! silly bint.

Re examiner (fairy) story

My bullshit meter has endstopped so hard it's bent the needle! :eek:

james finn

Deleted User wrote: »

Re examiner (fairy) story

My bullshit meter has endstopped so hard it's bent the needle! :eek:

lets not forget our boy hobbs, i wounder has he got anymore good idea's on how to get rid of your money.

changes

Who lent her that amount of money in 2008...... sack them!!

james finn

changes wrote: »

Who lent her that amount of money in 2008...... sack them!!

eddie hobbs gave her the go ahead, poor guy lost his shirt

Jobquiries

Eddie Hobbs - fairly sure I have heard him spout conpsiracy theory stuff + false information before ["Russia invaded Georgia for oil" when it was public knowledge that thats not what happened].

Hank_Jones

Come on people, we should all have some sympathy for the poor girl, she Bahahahahahahahahahaha couldn't even finish that sentence....

What the hell is wrong with that girl....
The housing market is fluctuating more than ever, so what do you do....of course you go out and buy yourself an extremly overpriced apartment...how could it go wrong...

Hondo75

Is this the same Alison o'Riordan enjoying the health benefits of sunbeds??

http://www.independent.ie/opinion/analysis/past-policies-cast-a-cloud-over-harney-sunbed-ban-1873162.html

hinault

JONJO THE MISER wrote: »

http://www.independent.ie/opinion/analysis/i-signed-my-life-away-for-the-sake-of-city-centre-apartment-2106182.html

I mean how utterly stupid can someone be, she brought in 2008 when everybody knew that house prices and the country was going down the toilet. :eek: 525,000 for a two bed apartment, theres a old saying that a fool is born every minute in Ireland and this certainly proves it and now the girl writes to a newspaper looking for sympathy, unbelievable.
I would not of minded her complaing if she had brought in 2006 or 2007 but she brought in May 2008 when even the dogs in the street knew what was around the corner.

€500k is the bit that gets me.

Where did she get the 10% deposit for that place?

She is a cretin.

AnonoBoy

Surely if you'd done something as stupid as this you'd wouldn't want loads of people to know about it. Instead she repeatedly writes articles about it in a newspaper.

What a fool.

I have no sympathy for people like this.

If she's the same one writing the "I love sunbeds, people with tans are so much better" nonsense then she's really showing herself up to be a Grade-A moron, isn't she?

hinault

Deleted User wrote: »

Why the sudden splurge of these types of stories now!

What the splurge?

Because the Sindo which was the cheer leader for everything that was vulgar/moneygrabbing/waffle during the "celtic tiger", has to reassure it's readership that all their fellow middleclass latte sipping wasters are all feeling the pain sicne the demise of the "celtic tiger"

Serves them all right.

John_Rambo

AnonoBoy wrote: »

I have no sympathy for people like this.

Did any of the genius sneers (who obviously have massive property folios, cause they seem to know everything there is to know about the game) read the article?

She isn't looking for your sympathy and I don't think she would want it to be honest, she is telling us about a massive mistake she made and the regrets she has. A pretty honest, brave article, better than listening to gob****es telling us how many hundreds of thousands of Euros their house was worth during the boom.

I think she is overreacting to be honest, at least she bought in the city and not an apartment miles outside the center like a lot of insane people did. Anyway can any of you tell me how much the apartment will be worth if she decides to sell it in twenty eight years time?

Not one of you.

james finn

John_Rambo wrote: »

Did any of the genius sneers(who obviously have massive property folios, cause they seem to know everything there is to know about the game) read the article?

She isn't looking for your sympathy and I don't think she would want it to be honest, she is telling us about a massive mistake she made and the regrets she has. A pretty honest, brave article, better than listening to gob****es telling us how many hundreds of thousands of Euros their house was worth during the boom.

I think she is overreacting to be honest, at least she bought in the city and not an apartment miles outside the center like a lot of insane people did. Anyway can any of you tell me how much the apartment will be worth if she decides to sell it in twenty eight years time?



Not one of you.

i agree, it wouldnt matter even if she spent 1 million on it so long as she dosnt plan to sell, she must have a good job to get that amount of money, i wish her well, i wouldnt run her down like people who have notin and never will

drunkmonkey

John_Rambo wrote: »

Anyway can any of you tell me how much the apartment will be worth if she decides to sell it in twenty eight years time?

Not one of you.

How much do you reckon Rambo?

AnonoBoy

John_Rambo wrote: »

Did any of the genius sneers (who obviously have massive property folios, cause they seem to know everything there is to know about the game) read the article?

She isn't looking for your sympathy and I don't think she would want it to be honest, she is telling us about a massive mistake she made and the regrets she has. A pretty honest, brave article, better than listening to gob****es telling us how many hundreds of thousands of Euros their house was worth during the boom.

I think she is overreacting to be honest, at least she bought in the city and not an apartment miles outside the center like a lot of insane people did. Anyway can any of you tell me how much the apartment will be worth if she decides to sell it in twenty eight years time?

Not one of you.

It's a honest, brave article? Writing repeated articles telling us how much of a fool she was? If you think that's brave and you want to read that sort of "journalism" then that's your look out.

Why would I care how much her apartment would be worth in 28 years time? Can you tell us how much it would be worth? What's that got to do with anything?

All I see when I read that article is a fool of a woman who was so desperate to be a grown up and get on the property ladder that she ignored all the warnings and dived into something that she had neither researched properly nor understood. Are we supposed to reward her stupidity now by talking about brave she is to admit she was wrong. For f*ck's sake, the dogs on the street could have told her she was wrong to buy it.