Assetbacked wrote: » My guess would be a rental tax credit combined with rent freeze, brought in as an emergency measure with any breaches strongly enforced. Don't think many would complain as it ensures security for both landlords and tenants.
beggars_bush wrote: » If people aren't working, rents will fall
landofthetree wrote: » Cairn homes share price down 25% and still falling. Glenveagh down 18% and falling. Anybody who thinks prices aren't falling is in the aniexty/denial phase.https://www.mymoneyblog.com/wordpress/wp-content/uploads/2017/12/cyclewhere.gif
SozBbz wrote: » You're assuming all sellers are desperate to sell. If I were selling, I'd take my property off the market and relist it in the autumn.
ebayissues wrote: » This is the correction we needed in the stock markets. All Major indices are down 20%. This correction will eventually affect property markets.
smurgen wrote: » Delighted I didn't buy.time to go shopping now.
ebayissues wrote: » House prices won't turn red over night...it'll take months.
Taylor365 wrote: » Yea, if house prices go back to 2017 levels, you'll save.... 10k?
Mic 1972 wrote: » A couple of 1 bed apts for sale in Smithfield under the 200K mark came up in the last few days, maybe it's just coincidents Normally they sell for over 200K
OttoPilot wrote: Mark my words, if there is a slowdown, the rules will be relaxed to encourage demand.
OttoPilot wrote: Yes, thank god we have fine gael to prevent profiteering off misery.
Mic 1972 wrote: LOL nice try it's very definitely not a good time to invest money in anything right now, at least wait until prices come down
Claw Hammer wrote: It would be unconstitutional to force landlords to subsidise tenants to that extent. The government can't do anything about that. The banks aren't guaranteed but they are secured.
J_1980 wrote: Maybe Dermot and MaryLou should go to Germany and teach Irish house building lessons??? How to make it cheaper. You guys are total jokers. At least the virus will end all this nonsense.
Villa05 wrote: » Central Bank is is influenced by the Ecb. Rules will not be changing 😄😄😄 I'm drawing up a list of shares to buy. Time to buy is very close. Irish property not on that list this time round Rents can be brought down by increasing supply Taxing land hoarding, empty units Build on state land to rent at affordable yet profitable rents Rezoning land thereby increasing supply and forcing land hoarders to act Biggest cost in housing is land and tax. State has sufficient land to solve supply demand imbalance. Given current rents and long term interest rates the state could make a significant profitable revenue stream from delivering affordable accommodation in large employment areas Everyone is a winner. Not rocket science,
Claw Hammer wrote: » Landlords will serve notice of rent arrears and proceed to notice of termination if not paid on time. There's nothing obliging a landlord to simply not attempt to recover the rent. Landlords are well aware that they are always at the mercy of economic conditions, however that doesn't mean that they have no protection.
landofthetree wrote: » https://mobile.twitter.com/irishexaminer/status/1238458554874380288 I can see the government banning evictions. Too risky to have an increase in homless people.
landofthetree wrote: » https://mobile.twitter.com/obraonain/status/1238402783889498113 People won't be able to pay high rents.
landofthetree wrote: » I can see the government banning evictions.
PommieBast wrote: » Wouldn't surprise me. Downside is that it will instantly make landlords an endangered species within Ireland.
Mic 1972 wrote: » 2 more 1beds up for sale in Smithfield, that's 4 new ads going up in a few days for 1beds. LLs trying to capitalize before it's too late?
Claw Hammer wrote: » It could be former air B&Bs coming on the market due to pressure from the City Council and cancellations of future bookings due to the virus.
landofthetree wrote: » The wise seller will try to find the last few "greater fools".https://en.m.wikipedia.org/wiki/Greater_fool_theory
