Bass Reeves wrote: » If he bought in 2005 and is on a tracker he on the best sure fire winner in history. His tracker would be in the 0.5-0.75% range. He had 2-3 bad years from 2009-2011 after that he was home free. He probably got a 110% @ 4-5 times earnings mortgage. If he borrowed 350K over 25 years his repayments at present are sub 1300/month and he pay a bit with 400K back over the 25 years and that is including the 2-3 years he was paying back at 3-4%
brisan wrote: » So 2 people in the same company doing exactly the same job and one gets paid less Good luck to the company if the one getting paid less is a woman
brisan wrote: » Bigger availability of cheaper building land in rural areas. Do you not think councils would fast track planning and builders build quickly if they thought there was a market
PropQueries wrote: » Even if significant demand for rural properties does materialise, there are tens of thousands of them available and ready to be marketed and sold.
Graham wrote: » I don't think so but open to evidence to the contrary.
Cyrus wrote: » you think cairn and glenveagh are publishing false accounts?
Springy Turf wrote: » This isn't my situation specifically to be clear. But in my view, the very obvious choice in this case is to go ahead and buy rather than spending 24000+ a year in rent to be in a precarious rental situation. I think you will be very much in the minority if you think this couple shouldn't go ahead with their 350k deal.
MacronvFrugals wrote: » Houses in what people on here would call the dodgier parts of the northside are taking a hammering, daily 15-30k drops. I know some places over the southside are doing great price wise but its decent news for myself as a lot of these places are dropping back to half decent value so by the time i buy could grab a good deal. Worth adding pre-pandemic there was rarely drops >3-5% in the same areas.
Vikings wrote: » Can everyone agree that WFH will not have any impact on 2020 property prices, kick it to touch and discuss it elsewhere and get back to talking about the current property market? Viewed a house today asking 450k commuter town just outside Dublin. Sold for 410k 3 years ago and received significant work. EA reckons it'll go for 500k. I think in the present market it'll certainly fetch over asking probably 475-480.
Cyrus wrote: » 5 out of the 6 or 5 out of 11? depends on your definition of prime as well, some locations are more prime than others, whatever it is, houses at that price on the northside dont tend to shift as well as similar on the southside.
Pelezico wrote: » Hold your nerve. The deals will get better.
MacronvFrugals wrote: » If legit those margins are astonishing
brisan wrote: » https://www.myhome.ie/residential/brochure/belltree-belltree-clongriffin-dublin-13/3295777https://www.myhome.ie/residential/wexford/new-homes/property-for-sale?maxprice=250000
brisan wrote: » 5 out of 6 killester -clontarf border ,considered a prime location
Pelezico wrote: » Cairn and Glenveagh share prices have fallen significantly. They are discounting falls of over 10% in future sales.
Cyrus wrote: » Why are you quoting me I was asking a different poster a different question . And their share prices have risen over the past 3 months oddly enough
Pelezico wrote: » Since February they are down heavily. The market, which is a fabulous discounting mechanism is anticipating falls in future prices.
PropQueries wrote: » Not only that. Cairn Homes had their IPO in 2015 at €1.00. Today, they are at €0.85. They hit €2.00 in January 2018. In December 2018, they were at €1.05. The big investors, including the founders, have been selling their shareholdings (i.e. getting out) strongly for the past 18 months, long before Covid.
Cyrus wrote: » On 27 feb glenveagh was 75c and on 12 August they were 73 cent You are just making stuff up
Pelezico wrote: » Glenveagh was 92c on 21st January...now 68c. Serious decline post covid.
Cyrus wrote: » They were the exact same share price a year ago as they are now But go on and selectively pick a period that supports whatever it is you are trying to say
PropQueries wrote: » But, wouldn't that show that the big investors weren't too confident about the future of the residential property market in Ireland even pre-covid?
