Things looking good in waterford.

spankmemunkey

Hi all, I will thread slowly softly and quietly into this one, I suppose this could be like a reasons to be positive thing so here goes.

Ive notice lately there seems to be a lot of building work starting in waterford which has to be a good sign for the local economy right?

Theres the new Fire Brigade station starting on the kilbarry road.
Waterford Crystal work has also started.
The Maxol just down from waterford crystal beside aldi is being completely rebuilt the eddie rockets is being rebuilt.

There also seems to be major engineering work taking place around the city where the stream that runs near advance pit stop is and pc world etc is being reinforced with metal girders all the way along its flow, big work near tesco poleberry.

There also seems to be dare I say a sneak in the property market at least on decent houses, ive been viewing houses with my friend who is looking to buy and there has been change, houses in grange manor have been sold before we even got to see them, there was also the second lot of houses for sale in meadow bank, as I expected the sellers created a demand and a frenzi and the released another set of houses to keep up demand, when the show house was being viewed there were 10 people waiting outside to view it, the price was also higher, they wanted 72 or 73, 000 the people that were there started to bid and it eventually rose to over 90, 000. (Cant see why) but it seems people are tired of waiting now and the desire to own a house is still there.

Anyway it nice to see demand back in the market and building work that needs to be done getting done and hopefully getting people off the dole and back to work.

Dicky Pride

You could have saved a lot of time here by just posting in the thread about The Phoenix Column in the news and star because that's what you have basically rehashed here.

Max Powers

Dicky Pride wrote: »

You could have saved a lot of time here by just posting in the thread about The Phoenix Column in the news and star because that's what you have basically rehashed here.

Jeez, come on DP, cheer up, we all know its not rosy....down with positivity:D

hardybuck

Whats happening with the Waterford Crystal site? I presume you're referring to the Cork Road site also?

In relation to property, there have been more deals - I think a 15% increase, taking place in Waterford in 2013. Despite this, prices have continued to fall.

In the first six months of 2013, there were only 22 new homes sold in the entire county, 31% down on 2012 figures. 258 was the overall amount of properties sold in the first six months, which puts us in the same bracket as Clare and Donegal in terms of activity.

This daft.ie report from August 2013 shows an interesting contrast in rents between Dublin, which is taking off again, and Waterford, which is certainly not.

http://www.daft.ie/report/

Cabaal

Can't you atleast have one positive thread about happenings in Waterford?

mozattack

Personal insolvency bill = sale of second properties = massive fall once again in properties.

Expect that for the next 6 years.

hardybuck

Cabaal wrote: »

Can't you atleast have one positive thread about happenings in Waterford?

I think there are many positive threads. However, I don't think it would be fair to allow people to start claiming that the Waterford property market is on the up in the absence of some of the key evidence.

As another poster has mentioned, there will be a lot of investment properties arriving on the market in the coming years also, via the Personal Insolvancy Bill. Banks are looking for quick sales on a lot of these properties, which will further deflate the market.

If there is any positive at least some of those building projects will pay for a few families Christmas this year.

Nypd

A lot of Waterford shops are repainting their shop fronts,
The quays have taken a good leap forward and are starting to look ok again.
The work in the old crystal building is interesting, Hartley people are advertising 90 jobs for a call center.
Makes me wonder is there good news on the job fronts.

Sully

Can we not bash the city council?:(

Sad thread, we don't like good news!

mooseknunkle

This day 3 months will be Christmas

hopefully the quay will be finished and winterval will be looking great

next year nypro will be opening...

spankmemunkey

Wow I can see why waterford is suffering so much when people have a certain mentality.

Firstly I don't read the phoenix magazine so I don't get that referance.
Second Im writing from observation and personal anecdotal evidence. There were over ten people outside a show house in meadow bank of all place and a bidding war took place between those people with the house eventually selling for over 90, 000.

Yes waterford isnt dublin so you cant say like for like and what I'm talking about is what has happened in the past weeks, daft release figures every 2 weeks do they? We went to see a house in grange manor and we were called twice to say houses were sold before we got there. I'm not saying its over I'm merely pointing to some what looks like nice positive changes.

Anybody know what the reason behind the engineering works is around the city? Erosion?

Theres a nice few jobs going on and id like to point out those positive signs instead of saying yeah that shop is closing and that shop is closing, perpetual misery.

spankmemunkey

Nypd wrote: »

A lot of Waterford shops are repainting their shop fronts,
The quays have taken a good leap forward and are starting to look ok again.
The work in the old crystal building is interesting, Hartley people are advertising 90 jobs for a call center.
Makes me wonder is there good news on the job fronts.

I also heard that the main crystal building was being turned into offices for a call centre by someone working there but that could just be waffle, but they are doing prep work on the show room section.

Deise Vu

spankmemunkey wrote: »

Wow I can see why waterford is suffering so much when people have a certain mentality.

Firstly I don't read the phoenix magazine so I don't get that referance.
Second Im writing from observation and personal anecdotal evidence. There were over ten people outside a show house in meadow bank of all place and a bidding war took place between those people with the house eventually selling for over 90, 000.

Yes waterford isnt dublin so you cant say like for like and what I'm talking about is what has happened in the past weeks, daft release figures every 2 weeks do they? We went to see a house in grange manor and we were called twice to say houses were sold before we got there. I'm not saying its over I'm merely pointing to some what looks like nice positive changes.

Anybody know what the reason behind the engineering works is around the city? Erosion?

Theres a nice few jobs going on and id like to point out those positive signs instead of saying yeah that shop is closing and that shop is closing, perpetual misery.

Those are flood defences. The precast stonework down Waterside looks good. In fairness to the City Council (or OPW?) it is years now since we witnessed flooding on the Quays, Park Road and Waterside.

Somebody told me that after the works there will be footpaths (existing and constructed) that will go from Scotch Quay to the Eco park, which would be a decent stroll.

tonc76

Deise Vu wrote: »

Those are flood defences. The precast stonework down Waterside looks good. In fairness to the City Council (or OPW?) it is years now since we witnessed flooding on the Quays, Park Road and Waterside.

Somebody told me that after the works there will be footpaths (existing and constructed) that will go from Scotch Quay to the Eco park, which would be a decent stroll.

This piece is almost a year old but construction time was projected to be 2 years so still relevant

http://www.irishexaminer.com/archives/2012/1023/world/final-phase-of-waterford-flood-relief-scheme-begins-211626.html

hardybuck

spankmemunkey wrote: »

Wow I can see why waterford is suffering so much when people have a certain mentality.

Firstly I don't read the phoenix magazine so I don't get that referance.
Second Im writing from observation and personal anecdotal evidence. There were over ten people outside a show house in meadow bank of all place and a bidding war took place between those people with the house eventually selling for over 90, 000.

Yes waterford isnt dublin so you cant say like for like and what I'm talking about is what has happened in the past weeks, daft release figures every 2 weeks do they? We went to see a house in grange manor and we were called twice to say houses were sold before we got there. I'm not saying its over I'm merely pointing to some what looks like nice positive changes.

Yeah, fair play to you. I'm not trying to be hugely negative, but I can't allow myself to overlook the facts, as opposed to observations and anecdotal evidence. Daft release those type of reports every quarter, which is generally the standard for information of that nature. A 2 week window would be far too short a window to be making projections upon.

Also, in relation to projects like Meadowbank, what they basically did was to replicate an auction scenario, not a 'bidding war'. You start with an attractive opening price to generate interest, and then build momentum through the bidding.

During the Celtic Tiger and subsequent boom from 2003-2008, we had people like Bertie Ahern and Charlie McCreevy who jumped down the throat of anyone who expressed anything but blind faith in the economy and the property bubble, who were accused of "talking us into a recession". Don't be too hasty to slate people who aren't 100% positive about everything!

I better step out of this thread, or I'll drive people to drink!

Max Powers

hardybuck wrote: »

Yeah, fair play to you. I'm not trying to be hugely negative, but I can't allow myself to overlook the facts, as opposed to observations and anecdotal evidence. Daft release those type of reports every quarter, which is generally the standard for information of that nature. A 2 week window would be far too short a window to be making projections upon.

Also, in relation to projects like Meadowbank, what they basically did was to replicate an auction scenario, not a 'bidding war'. You start with an attractive opening price to generate interest, and then build momentum through the bidding.

During the Celtic Tiger and subsequent boom from 2003-2008, we had people like Bertie Ahern and Charlie McCreevy who jumped down the throat of anyone who expressed anything but blind faith in the economy and the property bubble, who were accused of "talking us into a recession". Don't be too hasty to slate people who aren't 100% positive about everything!

I better step out of this thread, or I'll drive people to drink!

i dont think anyone here is 100% positive about everything. There are some good things happening and there is little negative about the amazing some positives eg ongoing transformation of the VT, very high quality flood works etc so i dont think issue here is over-positivity, there is certainly overly negative people on here though. I consider myself (hopefully:D) a positive cynic

wellboytoo

Max Powers wrote: »

a positive cynic

Only for the optimist the pessimist would never know how happy he wasn't.:pac:

spankmemunkey

hardybuck wrote: »

Yeah, fair play to you. I'm not trying to be hugely negative, but I can't allow myself to overlook the facts, as opposed to observations and anecdotal evidence. Daft release those type of reports every quarter, which is generally the standard for information of that nature. A 2 week window would be far too short a window to be making projections upon.

Also, in relation to projects like Meadowbank, what they basically did was to replicate an auction scenario, not a 'bidding war'. You start with an attractive opening price to generate interest, and then build momentum through the bidding.

During the Celtic Tiger and subsequent boom from 2003-2008, we had people like Bertie Ahern and Charlie McCreevy who jumped down the throat of anyone who expressed anything but blind faith in the economy and the property bubble, who were accused of "talking us into a recession". Don't be too hasty to slate people who aren't 100% positive about everything!

I better step out of this thread, or I'll drive people to drink!

No problem, your entitled to your opinion and debate it without being criticized on a personal level, not that ive seen it yet. I would be fully aware of the tactic they used in meadowbank and I called it with a friend when I realised they were only releasing ten houses at first for sale, have to complement the people who did that job but it worked to a T. Regarding other houses I can only say it as I see it regarding a few houses that were sold before we got there. I think theres choice and its obviously the decent ones that Re moving quicker.

Deise Vu

I'm not sure if this is better news for us or just that things are even worse in Limerick but here is an interesting comment in todays IT from the head of NAMA, John Mulcahy:

On Ireland, Mr Mulcahy said the property market is picking up. “There are grounds for optimism and certainly there’s a huge resurgence of interest from international investors. There is a body of international capital that buys the Irish story and thinks this is a good place to go.”

He suggested that the recovery will begin in Dublin and spread to Galway, Cork, Waterford and Limerick in that order."

Possibly this would be some form of M9 dividend, which is a huge plus for us. I still can't get the grin off my face as I speed down that road at 2 Kms a minute.

7upfree

spankmemunkey wrote: »

No problem, your entitled to your opinion and debate it without being criticized on a personal level, not that ive seen it yet. I would be fully aware of the tactic they used in meadowbank and I called it with a friend when I realised they were only releasing ten houses at first for sale, have to complement the people who did that job but it worked to a T. Regarding other houses I can only say it as I see it regarding a few houses that were sold before we got there. I think theres choice and its obviously the decent ones that Re moving quicker.

The property market outside Dublin is a dead duck for several reasons.

* Banks won't lend - so no money available for purchases.

* Buyers are now, in the main, cash buyers. Speculators, investors, etc.

* A house is only worth what someone wants to pay for it.

No amount of wishing will make a "recovery" happen. Ever. There's a house on Daft in Dunmore East (with 18 acres of land) for €350k. Kinda says it all really.

spankmemunkey

7upfree wrote: »

The property market outside Dublin is a dead duck for several reasons.

* Banks won't lend - so no money available for purchases.

* Buyers are now, in the main, cash buyers. Speculators, investors, etc.

* A house is only worth what someone wants to pay for it.

No amount of wishing will make a "recovery" happen. Ever. There's a house on Daft in Dunmore East (with 18 acres of land) for €350k. Kinda says it all really.

Just for arguements sake because you said it can you tell me what kind of condition that house is in? Is it liveable? Does it need modernisation? Iike if I know someone looking to buy a house near the city who has mortgage approval has a partner at home with kids that house in dunmore won't be the right house for them, thats sometimes why certain houses sell before others theres always a reason.

I know its in dublin but theres a lot of jobs announced today which is good for ireland on a whole and hopefully will attract further investment, lets look up a bit instead of looking down all the time.

cococoady

spankmemunkey wrote: »

I also heard that the main crystal building was being turned into offices for a call centre by someone working there but that could just be waffle, but they are doing prep work on the show room section.

I heard that Sunlife financial are moving into the offices there. I think its new jobs on top if the 2 places they have on the estate.

7upfree

spankmemunkey wrote: »

Just for arguements sake because you said it can you tell me what kind of condition that house is in? Is it liveable? Does it need modernisation?

I think we can all agree that is is liveable.......

http://www.daft.ie/searchsale.daft?id=727985

The prices vary on two sites. One says €395k with 18 acres. This one is €375k with 13 acres. If I only had the money.......:o

Max Powers

7upfree wrote: »

I think we can all agree that is is liveable.......

http://www.daft.ie/searchsale.daft?id=727985

The prices vary on two sites. One says €395k with 18 acres. This one is €375k with 13 acres. If I only had the money.......:o

7upfree, you need a night out, everything doesnt have to be so miserable. We all know property has taken a massive dive, what most people have done now is accepted that, moving on if they can, trying their best to look forward, stopped spreading negative stories (that everyone knows) of negative equity, 'i know a fella who bought house for xxxx now its worth half that'.

spankmemunkey

Max Powers wrote: »

7upfree, you need a night out, everything doesnt have to be so miserable. We all know property has taken a massive dive, what most people have done now is accepted that, moving on if they can, trying their best to look forward, stopped spreading negative stories (that everyone knows) of negative equity, 'i know a fella who bought house for xxxx now its worth half that'.

I think there is danger of talking ourselves into further recession, waterford is making a real effort and should be commended for it.

hardybuck

spankmemunkey wrote: »

I think there is danger of talking ourselves into further recession, waterford is making a real effort and should be commended for it.

Were you a Fianna Fail voter!?

0rt

spankmemunkey wrote: »

waterford is making a real effort and should be commended for it.

I think your right.. theres loads out there in Waterford trying to make an effort.. then of course theres the nay sayers, they love jumping on bandwagons and saying how bad things are.. I think its just waterfords mentality.

spankmemunkey

hardybuck wrote: »

Were you a Fianna Fail voter!?

Whats your angenda by asking such a question? Are we not allowed view good things happening in and around the city and pass comment on it being a good sign rather than people making accusations and focusing on misery? Are we not allowed focus on good things for a change? Are you not sick to the back teeth with all the misery being spouted about? Its time to start focusing on good things no matter how trivial they are and if you wanna sit at your computer blaming political parties and wallowing then be my guest but i for one dont want that anymore.

7upfree

Max Powers wrote: »

7upfree, you need a night out, everything doesnt have to be so miserable. We all know property has taken a massive dive, what most people have done now is accepted that, moving on if they can, trying their best to look forward, stopped spreading negative stories (that everyone knows) of negative equity, 'i know a fella who bought house for xxxx now its worth half that'.

What ARE you on about Max?:D All I'm saying is that the days of overpriced houses are over. Thank God for everyone involved. Property prices accumulating at rates of 10% a year are a horror story in the making.So that's being negative in your book?! YOU need to get some perspective.:)

spankmemunkey

7upfree wrote: »

What ARE you on about Max?:D All I'm saying is that the days of overpriced houses are over. Thank God for everyone involved. Property prices accumulating at rates of 10% a year are a horror story in the making. YOU need to get some perspective.:)

Theres been a 10% increase in house prices in dublin alone this year and believe it or not there is a property shortage there. Govt say at that rate they are entering a bubble again. That was on the news this morning on today fm. They said building is at 5% GDP and in the boom it was 25% GDP, they are hoping to get it back upto 10% GDP

7upfree

spankmemunkey wrote: »

Theres been a 10% increase in house prices in dublin alone this year and believe it or not there is a property shortage there. Govt say at that rate they are entering a bubble again. That was on the news this morning on today fm. They said building is at 5% GDP and in the boom it was 25% GDP, they are hoping to get it back upto 10% GDP

Ergo the problem. Will they never learn? For example, a batch of unsold houses was sold in Waterford recently for €65k. The next batch is now on sale for €70k. Nope. They'll never, ever learn.

Nypd

7upfree wrote: »

Ergo the problem. Will they never learn? For example, a batch of unsold houses was sold in Waterford recently for €65k. The next batch is now on sale for €70k. Nope. They'll never, ever learn.

Shame on anyone for attempting to make a profit or stem their losses

hardybuck

spankmemunkey wrote: »

Whats your angenda by asking such a question? Are we not allowed view good things happening in and around the city and pass comment on it being a good sign rather than people making accusations and focusing on misery? Are we not allowed focus on good things for a change? Are you not sick to the back teeth with all the misery being spouted about? Its time to start focusing on good things no matter how trivial they are and if you wanna sit at your computer blaming political parties and wallowing then be my guest but i for one dont want that anymore.

It's just that it was a line which Fianna Fail kept trotting out to discredit people who cautioned against their foolhardy policies during the boom. If we're to learn from our mistakes, phrases like that need to be banished forever. I will blame them for chronic mismanagement of the economy. Also, far from wallowing, I've been relatively unscathed by the recession.

Our growth is dependent on Eurozone growth. The good news there is that France and Germany are in growth, and therefore the Eurozone is in growth, at least in the latest quarter. Despite that, the European Central bank are desperate to downplay the short to medium outlook, and are determined not to raise interest rates in the next year at least. Domestically, I would say that things have bottomed out or therabouts, but we're still a long way away from any form of stable growth.

Am I sick to the teeth of the misery - absolutely. I don't bother tuning into the likes of Prime Time any more. I'm all for discussion about the positive efforts being made, Waterford is certainly looking more visually appealing. However, if you make undercooked observations on the economy, there is a strong chance I'll call you out on that.

spankmemunkey

hardybuck wrote: »

It's just that it was a line which Fianna Fail kept trotting out to discredit people who cautioned against their foolhardy policies during the boom. If we're to learn from our mistakes, phrases like that need to be banished forever. I will blame them for chronic mismanagement of the economy. Also, far from wallowing, I've been relatively unscathed by the recession.

Our growth is dependent on Eurozone growth. The good news there is that France and Germany are in growth, and therefore the Eurozone is in growth, at least in the latest quarter. Despite that, the European Central bank are desperate to downplay the short to medium outlook, and are determined not to raise interest rates in the next year at least. Domestically, I would say that things have bottomed out or therabouts, but we're still a long way away from any form of stable growth.

Am I sick to the teeth of the misery - absolutely. I don't bother tuning into the likes of Prime Time any more. I'm all for discussion about the positive efforts being made, Waterford is certainly looking more visually appealing. However, if you make undercooked observations on the economy, there is a strong chance I'll call you out on that.

You don't need to tell me or give me a lecture on economics thanks. I know how it works. Its your sudden judgemental view or political view you suddenly take when i say things look nice and its nice to see activity and you start beating me with a political stick okay boo hoo this place is sh.t doesnt it look terrible and nothings happening.

7upfree

Nypd wrote: »

Shame on anyone for attempting to make a profit or stem their losses

No problem with anyone making a profit. But, given the events of recent years you can see where this is heading. Pure, unadulterated greed caused the collapse.

Someone making a profit to earn a living or providing employment? No problem. But greedy people speculating flushed this country down a toilet.

I, and many others, hope we don't go back there.

hardybuck

spankmemunkey wrote: »

You don't need to tell me or give me a lecture on economics thanks. I know how it works.

Fair enough, but with respect, you wouldn't know it from your posts on this thread.

allthedoyles

spankmemunkey

hardybuck wrote: »

Fair enough, but with respect, you wouldn't know it from your posts on this thread.

What? Saying its nice to see things working in waterford again? Nice to see building picking up again? See people in waterford getting jobs? See people who have to sell houses finally get them sold? Have to laugh at disgruntled people taking a swipe and trying to insult people simply cos they don't agree with what they write, do me a favour just start a doom and gloom thread somewhere else and take the idiot with you who doesnt like to join in he just likes to watch.

7upfree

spankmemunkey wrote: »

What? Saying its nice to see things working in waterford again? Nice to see building picking up again? See people in waterford getting jobs? See people who have to sell houses finally get them sold? Have to laugh at disgruntled people taking a swipe and trying to insult people simply cos they don't agree with what they write, do me a favour just start a doom and gloom thread somewhere else and take the idiot with you who doesnt like to join in he just likes to watch.

You've excelled yourself there really.:rolleyes: Reality check: The country is bankrupt. There are some 400,000 people unemployed. We're subservient - effectively - to a foreign power. That subservience has caused a property tax; a "household charge"; water rates to come; a brain drain on the country - and silly people believe the property market "has hit the bottom". And yet idiots try to convince us we're on the up?

Yes, there are some very tiny signs that things may be starting to bottom out. But to dress it up as a "recovery" is incredibly stupid. It's precisely that kind of drivel that is being shoved down our throats weekly by this "socialist" supported Government.

The majority of "disgruntled" people are not gullible enough to believe it. Unlike some.

spankmemunkey

7upfree wrote: »

You've excelled yourself there really.:rolleyes: Reality check: The country is bankrupt. There are some 400,000 people unemployed. We're subservient - effectively - to a foreign power. That subservience has caused a property tax; a "household charge"; water rates to come; a brain drain on the country - and silly people believe the property market "has hit the bottom". And yet idiots try to convince us we're on the up?

Yes, there are some very tiny signs that things may be starting to bottom out. But to dress it up as a "recovery" is incredibly stupid. It's precisely that kind of drivel that is being shoved down our throats weekly by this "socialist" supported Government.

The majority of "disgruntled" people are not gullible enough to believe it. Unlike some.

So as I said is it nice to see some work going on or is it not nice to see some work going on? I think your taking this all far too serious. A lot of jobs announced last week in dublin so I suppose none of that is nice to see,

stefan idiot jones

spankmemunkey wrote: »

So as I said is it nice to see some work going on or is it not nice to see some work going on? I think your taking this all far too serious. A lot of jobs announced last week in dublin so I suppose none of that is nice to see,

Why are you attacking posters who have a different (correct,) opinion on things than yourself ?
Who has mentioned not being happy once concerning any positive news ? No one.
You mentioned about jobs in Dublin, maybe I'm mistaken but I could have sworn that the thread was about Waterford not Dublin ?
The property market has not bottomed out yet in the majority of this country, if you think it has then you are very mistaken.

Please do not take personal swipes at me or other posters. Take it to a mod if you have an issue with a 'debate of difference of opinion'.
Other posters in this forum have the right to take anything as serious as they want to.

nice_very

Is there one of those fancy mis-spelled posters doing the rounds, campaigning for the (soon to be defunct, thanks to fg) CC to reduce their rates to at least try and get business back in the City??? So that there would be more varied local business to support? I cant count the number of vacant units all along the quay and in the centre of the city.


I suppose those bondholders need our money more than anyone else, bless them.

MRnotlob606

some businesses have monopolies in this city, would love to see more competition

7upfree

spankmemunkey wrote: »

I think your taking this all far too serious.

Life, my friend, is a very serious business. Especially for this City, which is under virtual attack and is constantly discriminated against. If certain people like Morgan Kelly had been taken seriously in the past 15 years we wouldn't be where we are now. But I take it you would have dismissed him also?

Have a look at that video of Morgan Kelly at 02:50 in:

OECD: "A soft landing the most likely"

Central Bank: "House Prices are not out of line with market fundamentals:.

Doesn't it say it all really?

spankmemunkey

stefan idiot jones wrote: »

Why are you attacking posters who have a different (correct,) opinion on things than yourself ?
Who has mentioned not being happy once concerning any positive news ? No one.
You mentioned about jobs in Dublin, maybe I'm mistaken but I could have sworn that the thread was about Waterford not Dublin ?
The property market has not bottomed out yet in the majority of this country, if you think it has then you are very mistaken.

Please do not take personal swipes at me or other posters. Take it to a mod if you have an issue with a 'debate of difference of opinion'.
Other posters in this forum have the right to take anything as serious as they want to.

As I said its nice to see building work starting again in the city, people in jobs the old crystal site working again and maybe as another poster said call centre jobs going in there,flood defences being improved, oh yeah and empty houses being sold in one go in meadowbank, I think the first ten went in a few hours, I'm not sure how the next lot went, but thats great news for people trying to sell houses that there are fewer houses on the market not to mention the social aspect of those houses now being occupied instead of anti social behaviour going on, its also nice to see tesco fuel isnt destroying cars and recommended by my local vw garage.

Its all nice to see, nobody said the recession was over or the housing market is now sorted, its nice to see and I for one take a positive from it. As regards jobs in dublin, there will always be a ripple effect when theres positive news in dublin and it has to start somewhere. And why are you accusing me of attacking people, you only like joining in threads to try and ridicule since I disagreed with your libelous conspiracy theories about tesco petrol and you have the cheek to say in talking tripe.

spankmemunkey

7upfree wrote: »

Life, my friend, is a very serious business. Especially for this City, which is under virtual attack and is constantly discriminated against. If certain people like Morgan Kelly had been taken seriously in the past 15 years we wouldn't be where we are now. But I take it you would have dismissed him also?

Have a look at that video of Morgan Kelly at 02:50 in:

OECD: "A soft landing the most likely"

Central Bank: "House Prices are not out of line with market fundamentals:.

Doesn't it say it all really?

Nobody said the housing market is fixed nobody said the recession is over, I'm simply trying to highlight some positives going on in the city instead of the usual and the majority of posters agreed with me if you look at the thumbs up from my initial post bar 3 posters or so they agreed with me.

achiman

The weather

wellboytoo

Whatever was or wasn't said in this thread so far, I have noticed a pick up in business in the last two months.Small builders have 4 months work ahead of them for first time in 6 years, there is definitely an increase in volume, not rates but volume, as regards the house sales anything hitting the market priced to sell is selling fast, because the sale price is below cost of building at the moment. This will have to change if we are to have a stable market.
So expect price increases in houses as the market stabilises , it will have to become cheaper to build than buy for a real market to exist!

spankmemunkey

wellboytoo wrote: »

Whatever was or wasn't said in this thread so far, I have noticed a pick up in business in the last two months.Small builders have 4 months work ahead of them for first time in 6 years, there is definitely an increase in volume, not rates but volume, as regards the house sales anything hitting the market priced to sell is selling fast, because the sale price is below cost of building at the moment. This will have to change if we are to have a stable market.
So expect price increases in houses as the market stabilises , it will have to become cheaper to build than buy for a real market to exist!

This is roughly what I was saying I never said the housing market is sorted and I never said that the recession is over I merely pointed out that it was nice to see the amount of building work starting the effort that seems to be made lately in waterford and I have been viewing houses with a friend for awhile and decent houses are moving which is good to see, I also gave examples of meadowbank selling the first bunch in about 3 hours and 2 houses selling in grange manor before we even got there to see them, the estate eagent rang us once when we were on our way to view the house and another time before a viewing they were gone.

Simply put its good to see SOMETHING happening and I see people in jobs and houses even empty houses moving off the market as a good thing, obviously some other posters don't.

7upfree

spankmemunkey wrote: »

This is roughly what I was saying I never said the housing market is sorted and I never said that the recession is over I merely pointed out that it was nice to see the amount of building work starting the effort that seems to be made lately in waterford and I have been viewing houses with a friend for awhile and decent houses are moving which is good to see, I also gave examples of meadowbank selling the first bunch in about 3 hours and 2 houses selling in grange manor before we even got there to see them, the estate eagent rang us once when we were on our way to view the house and another time before a viewing they were gone.

Simply put its good to see SOMETHING happening and I see people in jobs and houses even empty houses moving off the market as a good thing, obviously some other posters don't.

So you equate "something good happening" with the
Prices of the second batch of meadow bank house
being increased by 12%?!

This is precisely what caused out current difficulties.

It is an economic fact.

BadCharlie

I think things are picking up also. Its very very slow in waterford & other county's such as dublin picking up at a faster rate. Its not going to happen over night like the crash but will take some years yet. Lots of work going on in waterford at the moment, i hope when its all finished we will have a nice City that we can be proud about.