smurgen wrote: » Another factor to consider. Australian economy collapse. Due to contract about 10% due to covid 19 and the AUD was already in free fall. Our builders won't be going anywhere this time around and there'll be many returning. I think the skilled labour shortage that helped drive up the cost of building is about to come down.
cnocbui wrote: » Trust me, I would gladly be proven wrong by events. Here's a few similar quotes:
Deleted User wrote: » This has given people a big shock. Even when this is over and things start to improve we will probably see an increase in savings and paying down debts when people get back to work or employment. The world economy will likely suffer due to that.
JimmyVik wrote: » ............... Basically ive spent no money in the last 6 weeks apart from my car loan..........
Cyrus wrote: » Whoever built these will struggle, pre covid +2m was a small market, post covid its smaller, and for +2m most will want some decent outside space and something a bit nicer than a generic white box with big windows. If it was by the sea i could just about get on board with the amount of glazing but not where it is, they look ridiculously incongrous, cant believe they got planning.https://www.myhome.ie/residential/brochure/30-temple-park-avenue-blackrock-co-dublin/4427504
Billythekid19 wrote: » Do people reckon there will be a drop in the price of new builds from developers? For example I have my eye on this 3 bed semi D new build advertised at 315k, would developers take a bid of say 300k? https://www.daft.ie/cork/houses-for-sale/carrigaline/b1-house-type-janeville-carrigaline-cork-2430975/
Ozark707 wrote: Well here is some competition now...vendor looks like they have seen that the writing is on the wall...
Cyrus wrote: » ..........https://www.myhome.ie/residential/brochure/30-temple-park-avenue-blackrock-co-dublin/4427504
eagle eye wrote: » You might note that it's the second large reduction in the price if that property, the first taking place in October 2019.
Ozark707 wrote: » Well here is some competition now...vendor looks like they have seen that the writing is on the wall...https://www.myhome.ie/residential/brochure/carrig-na-chattan-mornington-avenue-sandycove-co-dublin/4361895
Augeo wrote: » Food, rent, utility bills, toiletries, mobile phone ?
The_Conductor wrote: » ............. I don't think our outgoings here are a whole lot less than they were pre-lockdown-............
The_Conductor wrote: » ................ I think it is inevitable that we're all going to have to pay more tax to pay for this mess when it all quietens down. I think its going to be a lot more tax- but I also think its going to be a broadening of the tax base- everyone is going to pay-............... The incoming government is going to have to make a lot of very unpalatable decisions that they are not going to be thanked for.
Ozark707 wrote: » Have they been hanging around for a while unsold or have these just been added? If the former then you might have some luck.
Augeo wrote: » I'm spending maybe €200 less a month on meals out etc, and over €200/month less on diesel. It's going to be a strange and tough one to sort out. You've the restaurant association and in time the vintners will be calling for tax and rates breaks/cuts but as you say someone has to pay.
The_Conductor wrote: » €2,250,000? Good luck to them- they are very high spec'ed- but while a design like this might (just maybe) work as a one-off- a couple of these together detract from one another. I think its an unusual ask to try and sell these for top dollar- they just don't work as a group development- to say nothing about the completely outrageous price. Unless you can find a complete D4 head with more money than sense- who *has* to have one- these are not going to shift. Even people who might like to live in Blackrock- won't see the sense in the completely over the top price of these.
Augeo wrote: » I'm spending maybe €200 less a month on meals out etc, and over €200/month less on diesel.
Billythekid19 wrote: Do people reckon there will be a drop in the price of new builds from developers? For example I have my eye on this 3 bed semi D new build advertised at 315k, would developers take a bid of say 300k?
The_Conductor wrote: The only bright light at the end of the tunnel for many people- is the headlines that the increase in the age at which the contributory old age pension vests- isn't going to increase after all- however, like all current expenditure- we're also going to have to figure how to pay for it.......
Villa05 wrote: » Bid too high, if banks are reducing loan offers by 10%, you need to be doing at a minimum the same. If you feel uncomfortable about doing that, get friend/family to do it and be patient, use a stalled market to your advantage Has the asking price reduced? Nope no change in the asking price. I guess they cant publicly drop it because people have already paid the advised market rate for the 100 odd houses already sold in the development.
Billythekid19 wrote: » Nope no change in the asking price. I guess they cant publicly drop it because people have already paid the advised market rate for the 100 odd houses already sold in the development.
awec wrote: » Just ask if they’ll take the 300k. They’ll probably say no (still very early days), but no harm in trying. If you’re going to threaten to walk away if they don’t accept it then you’ll have to follow through unless you want to look like an idiot.
Padre_Pio wrote: » Who cares if you look like an idiot?
awec wrote: » I would think it's the preference of the majority not to come across as a total clown in interactions with others. If you act like an idiot you'll be treated as an idiot. No point playing hardball if you won't walk away. If you're happy to walk away if you don't get what you want, then work away. Definitely go and offer the 300 price, no harm in trying.