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We're rich! (again)

Kermit.de.frog

Net worth of Irish households jumps 60% as property prices surge

https://www.irishtimes.com/business/economy/net-worth-of-irish-households-jumps-60-as-property-prices-surge-1.3281633

I intend to be prudent this time and only go with the one patio deck and 2 high powered luxury cars (for me).

How about you?

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Ronaldinho

topper75 wrote: »

There was me thinking that this link was realtime. It's obviously an out-of-date gif as it should be moving backwards.

http://www.nationaldebtclocks.org/debtclock/ireland

I wouldn't be so sure that it's not accurate.

The country's gross and net debt figures have barely declined.

We're still projected to run a modest fiscal deficit for the next few years.

Grayson

professore wrote: »

LESSER???? LESSER???? I'LL GIVE YOU LESSER YOU JUMPED UP JACKEEN BEOIR!!!!

Did that word mean something else at one stage or is it completely out of place in that

dr.fuzzenstein

Has anyone already received a letter that they were pre-approved for a Platinum Visa Card with a €10k Limit?

Pinch Flat

dr.fuzzenstein wrote: »

Has anyone already received a letter that they were pre-approved for a Platinum Visa Card with a €10k Limit?

Myself and herself were browsing for cars at local Dublin dealers, thinking of picking up a newer set of wheels.

"All major credit cards accepted" displayed on a good few car dealer websites. Do people really buy cars on a credit card?

Wanderer78

Pinch Flat wrote: »

Myself and herself were browsing for cars at local Dublin dealers, thinking of picking up a newer set of wheels.

"All major credit cards accepted" displayed on a good few car dealer websites. Do people really buy cars on a credit card?

its looking like this is the next credit bubble!:rolleyes:

sozbox

Cee-Jay-Cee wrote: »

I work. I pay my own bills/mortgage/childcare and no thick arsed jackeen funds anything I have or own.

Except for the road you drive to work on ðŸ˜€

[Deleted User]

server down wrote: »

My net worth is positive but I’d still lose the house if I stopped paying the mortgage. The net worth in the family home is a largely meaningless statistic.

And pretty much skewed by the generated economic activity in Dublin which itself is skewed by the ever inflated property market

Ipso

dr.fuzzenstein wrote: »

Has anyone already received a letter that they were pre-approved for a Platinum Visa Card with a €10k Limit?

Yeah using the money to put towards the off the plans apartment I'm buying in Varna, it's the capital of Bulgaria.

[Deleted User]

Cina wrote: »

Dublin and to a lesser extent Cork are rich (and funding the rest of the country).

The rest of Ireland, not so much.

They are rich because there is investment being put in. Rural Ireland can't generate when nothing is being invested in it. You see the current hassle in Athenry with the Apple saga

Electric Sheep

Quick, time to "release some equity" in your house, so that in a year you can whinge again about being in Negative Equity, just like last time.

Spanish Eyes

I was sensible enough not to be taken in by the loan offers galore the last time. I won't this time either.

But you know what, I learned to live a little more frugally during the bust. Nothing major, just little things like bringing lunch into work and not buying the take away coffee. Not being tempted by the latest must have phone/tablet/gizmo things like that. And it will stick. I am still the same, but have a good life thankfully but not a frivolous one either. Things were quite tough the last time around, lesson learned.

I hope another crash doesn't happen, but it apparently comes in cycles. So you have been warned. lol.

Sorry for the downer.

_Brian

My neighbour ownes a plastering company, just 2 men, he was on his knees 18 months ago, 6 weeks ago he bought a sports car for the evenings and a speed boat and he's building a new house..
Anything building related really is BOOM-BUST-BOOM

ToddyDoody

"When I have it, I spend it. When I don't, I run off and let the IMF run the country"

Remember having to take this seriously...

https://www.youtube.com/watch?v=ZSeJITHmDWQ

Doltanian

Judging by some of the Instagram whores and snapchat sluts I follow we badly need another recession and quick.

fergus1001

Don't know about the rest of you but I wipe my arse with 50's and then use them to light my Cuban cigar

I love the smell of smoldering ****e

Atoms for Peace

Not to boast but I did have a spicy chicken fillet roll last Friday but its been years since I last had a breakfast roll.

Ipso

If it wasn't served with 8 chips stacked on a slate, jenga style then you're a pleb.

WoollyRedHat

Does anyone know where i can go to get my driveway paved gold?

alchemist33

There's no house prices booming in Donegal.

WoollyRedHat

alchemist33 wrote: »

There's no house prices booming in Donegal.

Quick guys, buy houses in Donegal quick!!!

tritriagain

Trying to sell house in south east and no movement at all.

Zebra3

Kermit.de.frog wrote: »

Net worth of Irish households jumps 60% as property prices surge

https://www.irishtimes.com/business/economy/net-worth-of-irish-households-jumps-60-as-property-prices-surge-1.3281633

I intend to be prudent this time and only go with the one patio deck and 2 high powered luxury cars (for me).

How about you?

There’s a distinct lack of gob****es about saying how their gaff made them €x this week/month as prices have risen.

Did people actually learn something or are they saying something different now that’s just as retarded?

e.r

_Brian wrote: »

My neighbour ownes a plastering company, just 2 men, he was on his knees 18 months ago, 6 weeks ago he bought a sports car for the evenings and a speed boat and he's building a new house..
Anything building related really is BOOM-BUST-BOOM

Getting rid of all his cash
Wink wink

Alf Veedersane

WoollyRedHat wrote: »

Quick guys, buy houses in Donegal quick!!!

Fill them with bulls and bears and all that good sh*t!

Are Am Eye

WoollyRedHat wrote: »

Quick guys, buy houses in Donegal quick!!!

I'll give you two Donegal houses for it. Throw in a breakfast roll.

James 007

Are Am Eye wrote: »

I'll give you two Donegal houses for it. Throw in a breakfast roll.

Do you want ketchup with that.

previous user

Odhinn wrote: »

...with an overpriced latte in the other hand, absolutely.

Even in the recession they were still overpriced. (were still in a recession btw).

dr.fuzzenstein

It's official as soon as Eddie Hobbs comes back on the telly, telling us all to be credit card sluts (i.e. jump from card to card to avail of 0% offers)

Annasopra

Cookie_Monster wrote: »

Smashed Avo on toast all round, hurrah!

Avolattes?

archer22

WoollyRedHat wrote: »

Does anyone know where i can go to get my driveway paved gold?

Oh I'm sure there are a few lads in a Hiace can sort that out for you boss.