Captainsatnav wrote: » This old chestnut agian. If only I could kick my blasted avocado habit...then I could buy a house. Oh well...
Mic 1972 wrote: » self entitlement isn't going to help, that's for sure
Mic 1972 wrote: » If I could afford a house being single with an average salary anybody can, but most people aren't willing to make sacrifices
awec wrote: » In fairness subjecting yourself to an utterly miserable existence shouldn’t be a prerequisite to buying a home.
awec wrote: » In fairness subjecting yourself to an utterly miserable existence shouldn’t be a prerequisite to buying a home. I always found the avocado toast thing to be pretty patronising.
The_Conductor wrote: » I agree. Life is short enough- without spending a chunk of it in sheer misery.
cnocbui wrote: » Yeah, that old chestnut saw me buying my first house with a 65% deposit and paying the mortgage off within a year. But I didn't go on holidays, drink, smoke or spend money on having a good time, or drive a car that was less than 10 years old. I certainly didn't buy a nice new build, I bought a relative dump.
cnocbui wrote: » The dump I bought had 3" flying cockroaches courtesy of the US, a few German cockroaches, and then there were the normal ones. Bull ants would come and go as they pleased. It had no insulation what so ever, so when it was 3° in the morning outside it was 4° in the bedroom when you got up and when it was 30° at 1 am in the morning you sprayed water on towels in the bedroom and had a fan blowing over them just to be able to get to sleep. And guess what, I wasn't miserable, because I never thought I was entitled to better at that age. Yeah, too much hardship for you lot, that life's to short trope. But you know what, I was only in there for two years and then sold it for 65% more than I paid for it. Now I own two properties, the one I live in has a lovely view, is roomy, no neighbours, no crime, and I haven't had a mortgage for a decade. I don't regret the cockroaches, massive huntsman spiders or ants or the sloping floor one bit. There is a reason other countries refer to a property ladder - one rung at a time. You want a property elevator, fair do's if you can pull it off, I'd rather be free of a mortgage before I was 30.
Umaro wrote: » Would it be fair to sum up your point as "I suffered, so you should suffer too." ?
cnocbui wrote: » There is a reason other countries refer to a property ladder - one rung at a time.
pearcider wrote: » There was 1700 properties to rent in Dublin city exactly a month ago. Now it’s 2031. I’ll be keeping an eye on that number.
pearcider wrote: » Well its a month later and we are up to 2,454. A steady increase but nothing to worry landlords yet. However I still see a perfect storm facing rents this year. Not only do we have a cyclical recession and covid 19 we have a crazy amount of student accommodation and hotels coming on stream recently. This will exert huge downward pressure on the rental market in Dublin. Now with tourism and foreign student numbers under severe pressure for next year, the bottom of the market could be a long way down.
cnocbui wrote: » No. How about; don't complain to me about the high cost of housing when it's high, precisely because most people want it now and are prepared to take on huge levels of debt to get it now and have driven up prices.
lisasimpson wrote: » Just because your saving and making sacrifices doesnt mean your living a miserable life. Its been a bit senseible. I dropped sky if i wanted to see a match i popped down to the pub. I still went to GAA matches. Would cancel netflix subs for the summer and i wouldnt be home much to walk it. Instead of full gym membership used pay as you go classes or 3 month membership and then when weather was good out for walks and runs no need for the gym. I still went on holidays and city breaks. Off peak travel and airb&b. Myself and a housemate would do taxi for each other if one of us wasnt going out for a night and the other was. Having decent wifi meant i had a pay as you go phone and just connected the phone to the wifi in the apartment. Still would meet friends for brunch. Make sure tax credits are up to date and in jan claim your refunds every year. Have a jar of tea or coffee in the drawer at work but can still treat yourself to a bought coffee a couple of times a week. Bulk up dinners with extra veg to have extra for lunch the next day Small sacrifices and you can still enjoy life.
Padre_Pio wrote: » A 30% increase in two months is pretty stark. Still too early to draw any conclusions. July will be the litmus test when companies will either open their doors, or keep them closed forever.
OttoPilot wrote: » Nobody should be making a 65% gain from a residential property in two years.
Graham wrote: » If somebody buys a fixer-upper and spends the time/money to bring it up to standard, a 65% increase in market price is not the same as a 65% gain.
OttoPilot wrote: » Nobody should be making a 65% gain from a residential property in two years. Did wages also go up 65%?
TSQ wrote: » What a miserable begrudger you are. If the op had lost 60% on an investment property he poured his savings into in the hope of a decent income in retirement (because only civil servants still have guaranteed, pay related pensions nowadays) you would be crowing. He worked hard, he lived frugally, he took a chance when many were still afraid to invest in property, and is now providing a home to someone else. Did he just get lucky, or is he one of those smart people who keeps up with the financial news rather than the Khardasians? Either way, fair play.
Dav010 wrote: » Why?
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