Timing belt wrote: » What decisions have they undertaken to ‘put us in a similar place that resulted in the last bust’? I don’t think you know what you are talking about!!!
PropQueries wrote: » Interesting betting odds on Paddy Power. The lowest odds are for the next general election being in 2021. Is there something stirring I'm not aware of and how will this impact on the property market this year as if there's something stirring, will FF/FG change tack fast to bring in further policies to solve the housing issue this year?
WhenPigsCry wrote: » Because there is a no confidence vote in Varadkar scheduled for this week, which if he lost, would in turn bring down the government. But he is unlikely to lose.
Idbatterim wrote: » 100% agree, they will have the rosary beads out, hoping for some miracle, but I absolutely reckon you are right on this. I do think they would prefer rip off houses and property and would lose power over it, before they would touch it. I was speaking to a mate who hates SF, I said to him, once it is sorted for working people, I dont care who does it, if it takes SF to get in, an economic collapse and that is what it takes, to get the issued addressed by government here, once and for all so be it. you are now asking, how will an economic collapse help the situation. If SF are elected on pretty much housing 100%, or cause a collapse, how could a new government, not actually address, what they (FFG) dont currently want to touch with a barge pole? their only current concern, is giving away as many free houses as possible, paid for by the taxpayer, to keep RTE off their backs a few years back economy booming and there were none or as good as no income tax cuts, from pro worker FG, during a boom! so forgive me for thinking being robbed hundreds of thousands of extra in property expense over a lifetime, warrants a vote for the only party that MIGHT do something about it or if they dont, it will create enough of an issue, that someone will have to do something about it IMO. The issue will be too big for the money hungry scumbags to ignore...
Deleted User wrote: » the issue for govt is that they cannot and will not countenance any measure that sees house values fall so massive govt money pours into monthly spend on rental support schemes, and more schemes roll out to entice buyers on the ladder but not under any condition will the govt meet social housing demand by building, which is step one on easing rental pressures and easing second hand property supply problems.
almostover wrote: » You made a lot of valid points too, not knocking that. Problem is that there is such a shortage right now in supply that it isn't that estate agents don't want to answer questions it's that people are panicked into act know ask questions later type decisions and the estate agents are exploiting that. Want to take a week to ask questions and have a think though a major decision, tough luck pal, all houses in your price range are now reserved.
cubatahavana wrote: » median house price from the PPR According to this, the median value in 2020 is higher now than any other year before (for the month of October)
brisan wrote: » This Government won't fall because if they do they know they will not get in again They have one shot at fixing the housing crisis. However I do not think they are capable or willing to fix it because of vested interests
enricoh wrote: » Is there any fixing of the housing crisis possible? Getting social housing is so attractive now more and more people are looking for it. Friends of mine bought a 3 bed semi in the summer- roughly 300k in a commuter town. Probably e1500 a month mortgage?Mates of theirs got a better spec-d one a few doors down off the social for probably e150 a month.It's nuts, my friends are working out how theyll afford a couple of nippers.
awec wrote: » This is likely not true.
AssetBacked2 wrote: » I wonder how the post-covid recovery will pan out. The narrative to date is that actually the housing market is stable and robust, that lots of people are saving money this year etc. So to then ignore taking extreme measures to fix the housing market due to an alleged economic problem to be fixed post-covid would be very disingenuous. Essentially, the claim to date has been that most things are business as usual, therefore covid is not an excuse to not fix the housing crisis in the next 2--4 years.
Pelezico wrote: » Maybe house prices will rocket now...if they have stayed stable and even increased during covid. Interest rates will remain low for years to come. The fed has told us this. What is not to like?
Mic 1972 wrote: » This is the evidence that most people are still rejecting. Prices are still going up, and if they went up during 2020 with all that has happened, what stops them from keep going next year?
woejus wrote: » Loathe as I am to provide you with more basic education in macroeconomics, I must point out to you that the Federal Reserve is responsible for setting interest rates in the USA. Here, in this country, the ECB sets interest rates. Also, is your supposition not in direct contradiction to what you were saying yesterday? Whither your offspring's warchest in this scenario?
combat14 wrote: » magic vaccine in a couple of weeks .. house prices to the moon & to infinity and beyond!! its all good news
Pelezico wrote: » I agree with you. House prices will rocket with the vaccine. My lad has to get on the ladder. Then he can pull the ladder up. It is just so good.
Limpy wrote: » House prices in my estate are selling 5-10% over asking. People are looking. Many people have lots of cash saved. The thing is prices haven't changed much considering 2020. If a vaccine is almost ready then confidence will come back. Booms are good, but big house prices are not.
Donald Trump wrote: » The vaccine that they have is 90% effective. That means 10% still susceptible even if everyone gets it- which will take a long time. You don't foresee any effect from Brexit?
Valentin_N wrote: » The reason the median price is going up is because the number of transactions for lower value properties has gone down significantly. With the volume of transactions for more expensive properties mostly unaffected, the median goes up.
Pelezico wrote: » Rocketing house prices are really good. I would love another construction boom I dont know a single person in the construction industry who did not seriously enjoy himself in the celtic years. I want them.back after my son presses his purchase button
fliball123 wrote: » so is your son going to buy soon you have been saying for months he will be waiting for the drop??