tomwaterford wrote: » Not a hope....toyed with the idea/dream of building a house.....but would never get a mortgage (well 2.5 times my income wouldn't build a house) All this is based on the presumption I'll never win the lotto
Elessar wrote: » For those of you who haven't yet bought a place, do you ever think you will? I was having a look at the prices in some estate agents recently and was shocked to say the least. Most were going for €600-700k. Now granted this was in an apparently desirable part of Dublin (Malahide), but even further out, places like Donabate and parts of Swords I'm still seeing lots of €400-500k+ houses. I'm not sure how are people affording these. There's obviously a significant number of people who can. But if you haven't bought yet, particularly if you're in Dublin, do you reckon you will be able to?
_Brian wrote: » There's plenty of life outside Dublin and indeed even outside the pale. Mich easier to afford a living and a house too.
Akrasia wrote: » Bought a 3 bed semi in a nice part of Ennis with a nice big south facing garden for 84k last year. Dublin house prices are insane.
Glenster wrote: » your pricing seems in the high side. if you're willing to live on the north side you can get a decent 3 bed for 350. you could swing that on salaries of 35 and 25k, assuming you don't have massive debts. the deposit is a matter of saving for two/three years.
Gunslinger92 wrote: » It kinda bugs me people saying oh just move out of Dublin sure. But... I like Dublin. All my friends are here, my unusual hobby is here. I'm from Munster and I couldn't imagine settling there. I'm aware I could change my mind, of course, but for the moment, no.
Samuel T. Cogley wrote: » IF Dublin's property market ever sorts itself out a few things will happen i) Working class people will live in working class areas. Working class people (now retired) living in Malahide and D4 moved there when property prices were artificially low. I say that with no aspersions what so ever, working class and living in a working class area. ii) Property prices will be high in certain areas and remain high, this is simple supply and demand. iii) People will start off in something smaller and trade up, as is the norm in the UK. There is no disputing we need supply urgently, but even now there are affordable houses in Dublin D5 has some great value. There are also options in D12, D9, D11 and D15.
Grayson wrote: » I'm not sure where you think someone on 35k could save 35k in 3 years.
LirW wrote: » Good that you brought that up because I genuinely want to know how working class is defined nowadays? I know a lot of people would avoid the postcodes you mentioned. Personally I do not understand that because for example in D11 there are so many parts that are perfectly fine. We were looking into buying in D11, prices unfortunately overtook what we're willing to spend so we decided to look outside. And believe me, convincing a Dub who grew up in the wonderful entitled parts of D9 to move outside... tough bit of work here. Have to say though, we're not the classic couple with the routine of education, work, wedding, mortgage, family so getting a mortgage in the first place is a good bit of work.
Caliden wrote: » There will be another 'crash' soon enough. The rate of increase is simply not sustainable. Despite the government saying 'there will be no crash', it reeks of 'DON'T PANIC, JESUS DON'T PANIC' while everything is on fire around them. Many have vested interests in property so of course they would say that. Experts have been saying it for the past 5 years that more houses need to be built at a faster rate, however, doing so would cause the crash.
Samuel T. Cogley wrote: » I'd define it as anyone who doesn't have a profession such as Doctor, Lawyer, Accountant, IT Engineer etc. If you fit into the general category like me (semi-skilled), skilled work or trade you're generally working class. Again IMHO.
LirW wrote: » I fully agree, can't wrap my head around though why it's used as a synonym for "Omg all those blokes in D13 are on the dole anyway, who in their right mind would buy there?" Don't wanna dismiss that there are problematic parts in town but there is definitely some snobbery going on. Also, heard on the radio yesterday that Celtic Tiger prices are expected to be back in 3 years from now. :pac:
