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Property Market 2018

castle2012

With supply still very tight. A homeless problem. Rising employment. It sure looks like where set for more large rises. There's not much to suggest otherwise. Any thoughts?

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ELM327

Bargain_Hound wrote: »

https://www.independent.ie/irish-news/in-pictures-desperate-househunters-queue-outside-new-dublin-development-days-ahead-of-sale-36792964.html

Nothing new to see here...

2006 is calling

Bargain_Hound

https://www.independent.ie/irish-news/in-pictures-desperate-househunters-queue-outside-new-dublin-development-days-ahead-of-sale-36792964.html

Nothing new to see here...

zl1whqvjs75cdy

utmbuilder wrote: »

Outside Dublin I believe has peaked with second hand homes under serious pressure now to hold the their prices due to new builds coming online every 4 months, 50 coming online from each development at a time

The amount of zoning given out in places like navan for 1000s of homes are going to make it extremely hard for second hand property's to compete against new builds a rated with fittings , even solar as standard

New building regs seem to be bringing good standards

Not from what I've seen. Multiple bidders all over any kind of decent second hand place. It obviously is house dependant (rewire, replumb or just cosmetic work) but any second hand house I've heard of in my area as gone 10 % over asking and seems to be continuing to climb. There are some new builds coming on stream alright but only 50 or so in my town. In other towns I've seen (naas foe example) there are 300 to 400 currently being build with another 700 planned if they can get the road infrastructure sorted. That will obviously affect prices all over. Don't think it's as simple as all second hand houses are maxed on price though.

utmbuilder

Outside Dublin I believe has peaked with second hand homes under serious pressure now to hold the their prices due to new builds coming online every 4 months, 50 coming online from each development at a time

The amount of zoning given out in places like navan for 1000s of homes are going to make it extremely hard for second hand property's to compete against new builds a rated with fittings , even solar as standard

New building regs seem to be bringing good standards

Assetbacked

Franz Von Peppercorn wrote: »

Hmm. My brother lives in Germany and he would agree with only some of that. Far away fields. Let’s see what you think in a few years there.

I’m not a big drinker and prefer to get up very early to just be up and active. Is your brother more into socialising?

Franz Von Peppercorn

Assetbacked wrote: »

I have a German girlfriend so she would be happier living there for one!

For me, the lifestyle benefits include; Thermal spas/saunas are popular, sports halls where it is possible to pay and use gyms, pools, badminton halls etc, open attitude to sex so swinger clubs are common, German food and beer is incredible (obviously not particularly healthy though!) and not expensive to go out, skiing in winter (having the Alps in the country, not just for skiing), actually having seasons like hot summers and snowy winters; being based on continental Europe so easy access to other European countries, there is a stable and more affordable rental situation, football is the main sport, transport systems and infrastructure is efficient and so reliable, there is so much culture within Germany (Oktoberfest, Christmas markets, white asparagus season, carnival, May festival etc), incredible and extremely safe cities and towns, relaxed attitude in the South, inexpensive supermarkets and the people are fantastic (beautiful women, great sense of humour and very friendly and down to earth).

All of the above makes up the lifestyle benefit for me. I work in law in Ireland but am happy to go to Germany and not initially work in law just to experience Germany, which may mean taking a job on half my current salary but, as I’ve said, even if I did that, financially myself and my girlfriend would not be much worse off than we are currently in Dublin.

Hmm. My brother lives in Germany and he would agree with only some of that. Far away fields. Let’s see what you think in a few years there.

Assetbacked

Cyrus wrote: »

whats the better lifestyle in germany and what industry is this in? Genuinely curious

I have a German girlfriend so she would be happier living there for one!

For me, the lifestyle benefits include; Thermal spas/saunas are popular (so nice for relaxing and not seen as a luxury too), sports halls where it is possible to pay and use gyms, pools, badminton halls etc, open attitude to sex so swinger clubs are common, clubs in general for so many different activities, German food and beer is incredible (obviously not particularly healthy though!) and not expensive to go out, skiing in winter (having the Alps in the country, not just for skiing), actually having seasons like hot summers and snowy winters; being based on continental Europe so easy access to other European countries, there is a stable and more affordable rental situation, football is the main sport, transport systems and infrastructure is efficient and so reliable, there is so much culture within Germany (Oktoberfest, Christmas markets, white asparagus season, carnival, May festival are just some examples of the popular big festivals), incredible and extremely safe cities and towns, relaxed attitude in the South, inexpensive supermarkets and the people are fantastic (beautiful women, great sense of humour and very friendly and down to earth).

All of the above makes up the lifestyle benefit for me. I work in law in Ireland but am happy to go to Germany and not initially work in law just to experience the lifestyle, which may mean taking a job on half my current salary but, as I’ve said, even if I did that, financially myself and my girlfriend would not be much worse off than we are currently in Dublin. One thing I’ve noticed with Germany is that money has a far less impact on the class of a person. There are so many more people in Germany that are not rich but are still respectable, polite and open compared to Dublin where there seems to be a more prevalent “I’m a victim” or “life is about getting what you can from the State” attitude.

Samuel T. Cogley

Cyrus wrote: »

whats the better lifestyle in germany and what industry is this in? Genuinely curious

A much less repressed attitude to sex is a good starting point. :pac:

Bob24

Shedite27 wrote: »

The poster said he's choosing to move because he thinks it's a better lifestyle. Nothing forcing him to move.

People have always left Ireland (and other countries) through good and bad, it's nothing new.

Yes and there are also Germans who are moving to Ireland. Works both ways and doesn’t mean any of the 2 countries is crap.

Shedite27

CalRobert wrote: »

Good luck!

It's pretty sad when a country's people have to emigrate in bad times AND good times. FG might as well mean 0 ****s Given.

The poster said he's choosing to move because he thinks it's a better lifestyle. Nothing forcing him to move.

People have always left Ireland (and other countries) through good and bad, it's nothing new.

draiochtanois

This post has been deleted.

Cyrus

Assetbacked wrote: »

I have decided to spend the next six months learning German with the hope of moving over to one of the major cities there in the next twelve months. Educated here and qualified but willing to (initially at least) sacrifice my career in order to experience the better lifestyle (energy and financial cost versus reward) on offer in Germany.

Initial financial projections would indicate that I would be almost equivalent financially by taking a job with an average salary in Germany (currently on an above average salary in Ireland). Therefore, it makes more sense for me to have the benefits of the German lifestyle.

whats the better lifestyle in germany and what industry is this in? Genuinely curious

CalRobert

Assetbacked wrote: »

I have decided to spend the next six months learning German with the hope of moving over to one of the major cities there in the next twelve months. Educated here and qualified but willing to (initially at least) sacrifice my career in order to experience the better lifestyle (energy and financial cost versus reward) on offer in Germany.

Initial financial projections would indicate that I would be almost equivalent financially by taking a job with an average salary in Germany (currently on an above average salary in Ireland). Therefore, it makes more sense for me to have the benefits of the German lifestyle.

Good luck!

It's pretty sad when a country's people have to emigrate in bad times AND good times. FG might as well mean 0 ****s Given.

Assetbacked

draiochtanois wrote: »

This post has been deleted.

I have decided to spend the next six months learning German with the hope of moving over to one of the major cities there in the next twelve months. Educated here and qualified but willing to (initially at least) sacrifice my career in order to experience the better lifestyle (energy and financial cost versus reward) on offer in Germany.

Initial financial projections would indicate that I would be almost equivalent financially by taking a job with an average salary in Germany (currently on an above average salary in Ireland). Therefore, it makes more sense for me to have the benefits of the German lifestyle.

Cyrus

FullOf..IT wrote: »

About to jump and Im being drawn towards locking in 10 year fixed with KBC @ 2.99%.

I would have to move to them from PTSB to secure a 0.2% rate decrease but looking at their fees I should still be better off.

Whats forums thoughts?

other option is 2.6% or 2.5% (depending on mortgage size) with UB and legal fees are covered.

Samuel T. Cogley

KBC rate is about to be no more, so whatever is available.

FullOf..IT

About to jump and Im being drawn towards locking in 10 year fixed with KBC @ 2.99%.

I would have to move to them from PTSB to secure a 0.2% rate decrease but looking at their fees I should still be better off.

Whats forums thoughts?

gargargar

draiochtanois wrote: »

This post has been deleted.

Spain has an awful problem with youth unemployment. Hence the migration abroad.

Arthur Daley

Bob24 wrote: »

And now we are getting interest only buy-to-let mortgages: https://www.rte.ie/news/business/2018/0404/952015-concerns-over-new-interest-only-buy-to-let-mortgages/

How could anyone in the government/CBI think it is a good idea to allow this???

Business as Usual

Bob24

And now we are getting interest only buy-to-let mortgages: https://www.rte.ie/news/business/2018/0404/952015-concerns-over-new-interest-only-buy-to-let-mortgages/

How could anyone in the government/CBI think it is a good idea to allow this???

Cyrus

draiochtanois wrote: »

This post has been deleted.

You are flogging a dead horse, we aren't particularly multi lingual here either, and the 3 spanish people working for me at the moment are all university educated qualified or part qualified accountants that were fluent in english when they landed.

draiochtanois

This post has been deleted.

Cyrus

draiochtanois wrote: »

This post has been deleted.

i disagree that irish people will be moving in any significant numbers (incremental to those that already do because they work for a dutch, german or spanish multi national) to any of those cities.

House prices arent any cheaper in desirable locations especially compared to the wages on offer.

If Madrid is so amazing why are there so many spanish people in their 20s over here?

draiochtanois

This post has been deleted.

Bob24

Samuel T. Cogley wrote: »

I've had more issues in D4 than D8

I have no interest in getting into a postcode war, but while individual experiences can of course differ and each postcode has both good and bad areas; it is obvious that things like general safety level and cleanness of public space are on average quite a bit better in D4 than in D8. And all this reflects in property prices.

Samuel T. Cogley

draiochtanois wrote: »

This post has been deleted.

I've had more issues in D4 than D8

Cyrus

draiochtanois wrote: »

This post has been deleted.

and so are parts of amsterdam,

the point is using amsterdam as an example of somewhere people will leave ireland to go and find the utopia of cheap housing close to work is a bad one.

OwlsZat

draiochtanois wrote: »

This post has been deleted.

I think people will start to emigrate for better housing, commuting, quality of life rather than the historical reasons of finding a job or better pay.

That's certainly the conclusion I'm coming too.[/quote]

Can't help but agree. I think the grey voters have had it all to easy, while new labour entrants are saddled with the debt of their mistakes. I will also be immigrating rather than carry the financial noose of my predecessors. Sunshine and financial freedom await.

draiochtanois

This post has been deleted.

Samuel T. Cogley

CalRobert wrote: »

I could buy a 2 bed in Amsterdam and not die while cycling to work too.

People are on dutch bikes pootling along, not MAMILs whizzing along like eejits. If we could stamp out the latter in Ireland we could do what they do in Amsterdam and essentially share the pavement albeit with a divide.

Alternatively you could buy a 3 bed house and use the nice cycle track along the coast.