Caquas wrote: » Don’t watch that movie if you are thinking of buying. Stalker nightmare! €10M. is very ambitious. Hendre, just down the street, sold for €3.7M in 2018. Similar style but 30% smaller, lower spec, smaller garden. I can’t see Ananda getting over €8M but, hey, out of my league at any price. :rolleyes:
decreds wrote: » Lol. Facing down the biggest depression and history, supply starting to come on stream, job losses and tax hikes but yeah, no price drops this year. While i do agree it may take some time to see modest drops, if we are out of lockdown by May, we should see drops by September and complete crash after the next GE.
Browney7 wrote: » https://m.independent.ie/news/publican-charlie-chawke-lodged-186m-fast-track-plans-to-construct-299-apartments-beside-dublin-bar-40160065.html looks like Charlie is either bullish on the property market or is now happy with prices that can be achieved after sitting on the land for the past while. Bit eye watering the prices he's proposing to sell to the council at. If you take the the site value of 12.5 million and take the 299 apartments, being generous, you're looking at 50k max of land "value" for the two bed apartment. Considering a private developer in Castleknock is willing to sell these brand new build 2 beds https://www.daft.ie/new-home-for-sale/clonbern-development-castleknock-road-castleknock-dublin-15/1198520 for between 410-450 depending on floor and aspect, it seems like a sick joke the state is being offered the "opportunity" to buy at the 675-775k range.
PropQueries wrote: I actually think immigrants (from all places) are good for our economy and society it’s why the states was / is such a success.
Hubertj wrote: I think it’s a great idea. Premium apartments sell very well in this country. He’s clearly done his homework and realises the opportunity. What could possibly go wrong. Good track record in development as well. Picked up the orchard for €22m way back. Worked out well.
Graham wrote: » Why?
decreds wrote: » Let's hope it remains that way. Listening to the discourse among the younger generation (20-30 year olds) these days i wouldn't be too optimistic. Many are leaning right by the sounds of it.
Edgware wrote: » With the amount of build to let going on. I can see it happening that not enough private tenants will be available and as a result long term swertheart deals with councils will be popular
Cyrus wrote: » you have basically explained yourself why its in demand, there are a few people like you that have similar requirements and very few houses that meet them. as an aside youd want deep pockets to renovate that, it was obviously used as a school or creche or something so the layout is all over the place and one would wonder about the quality of the extension. i wouldnt pay 1.3m for it in a fit but clearly im not the target audience!
Deleted User wrote: » Exactly ! Time is different because it is 2021 but rules of the market the same : No job-No money ! No money- No demand ! No demand-small prices !
Edgware wrote: » A lot of them are wondering about getting a mortgage to buy an apartment only to see Whacker, Sharon and their brats moving in next door for 35 Euro a week
cnocbui wrote: » Well thanks for setting me straight then, I see your point now. 100% of people will be unemployed so obviously no demand. Should be able to pick up a 4 bedroom for €10 K, any day now.
[Deleted User] wrote: » I looking for new car for about 1 year on donedeal When all dealerships and yards been closed on mid of last year the ammount of cars for sale on donedeal jumped from 74 000 to about 79 000 When lockdown been ended before Christmas the amount of cars for sale went down to 75000 The 3 weeks ago the amount of cars was about 75500 Now the amount jumped to 80000 ,mostly private sellers I would like remind you that dealerships and yards are open and this jump about 4500 cars was only in 3 weeks time. For mee it looks like people has problems with money and very soon they will have problems pay rent and mortgages.
2lazytogetup wrote: » im a buyer myself but im afraid and expect property prices to go up about 20% over the next 2 years. The reason - the economy is going to go off like a rocket. unemployment will go to about 5%. inflation will go up a bit and drive up prices a bit. But all the built up savings. im dying to buy asap. i have to balance buying now with little choice or wait till end of year when there are more properties but will be paying alot more.
HansKroenke wrote: » If prices have not risen that amount during covid restrictions, when supply is at its lowest in a decade, it does not make sense that they would rise as the economy reopens and supply picks up. Building sites are reopening soon, Brexit has already happened so that will get the market moving as the dust settles and those that sat tight during covid will look to test the water with advertising their properties for sale when they feel like things are returning to normal. Covid restrictions have lead to a dead cat bounce for house prices which have been on the decline since the market peaked in January 2018.
Cyrus wrote: » to be fair prices were stagnating with some relatively small drops in certain locations where affordability was being bounced off, and i dont think basis the reported data that they have risen significantly during covid either, a dead cat bounce is a little hyperbolic imo.
HansKroenke wrote: » Well, we shall see but I think the trend is for a gradual decline in house prices.
Deleted User wrote: » I looking for new car for about 1 year on donedeal When all dealerships and yards been closed on mid of last year the ammount of cars for sale on donedeal jumped from 74 000 to about 79 000 When lockdown been ended before Christmas the amount of cars for sale went down to 75000 The 3 weeks ago the amount of cars was about 75500 Now the amount jumped to 80000 ,mostly private sellers I would like remind you that dealerships and yards are open and this jump about 4500 cars was only in 3 weeks time. For mee it looks like people has problems with money and very soon they will have problems pay rent and mortgages.
2lazytogetup wrote: » is it just me or has anyone else noticed a total lack of supply of houses for sale on the market. Do we expect a massive number of res property to hit the market later this year when restrictions have eased.
awec wrote: » I would think this is very unlikely. I think the worst case outcome for someone in your situation is price stagnation with a reduced quality of supply. i.e. you may not find any decent houses in the area you want to live in.
awec wrote: » I think the worst case outcome for someone in your situation is price stagnation with a reduced quality of supply. i.e. you may not find any decent houses in the area you want to live in.
PommieBast wrote: » Looking at the quality of the housing stock, prices should be 20% lower than what they are. Not how things work in Dublin though..
fliball123 wrote: So your left with renters/landlord system. This system has been shifting over the last 5/6 years to REITS and vulture funds and away from the small landlord. So the vultures/REITS are the predominant force in the market today, so much so they can leave property vacant in order to keep the rents higher. Now if our cohort of renters cant afford them then the lefties who have been shouting loudest with crap like "free homes for everyone" and "housing is a right" will force the current government or the government at the time to pick up the cheque to house these people. This is already currently happening as can be seen by the subsidies which include HAP, Help to buy, FTB grant.
fliball123 wrote: » Yeah I think the market is a little flawed in some respects .. If you pump say a 100k into a gaff and have it done up to the nines and you and your next door neighbour are putting up at the same time and they have done nothing to the house the premium you get for your add-ons is p1ss poor
