DublinWriter wrote: Your maxium mortgage is calculated on 3.5 times your annual salary. So in order to get a mortgage of €350,000 you'd need to be earing €100K a year.
Archeron wrote: Here a good one for you. In a major music store in Liffey Valley (can I name and shame???). After queueing for 25 mins to get to the till, (there were 8 people behind the counter, 2 serving and 6 trying to figure out how to put vouchers thorugh). Get to the till, and this manicly depressed looking bird just looks at me and holds out her hand to take my items. Fair enough, i dont expect pleasantries anymore. The guy on the till next was doing something on the desk, but not actually serving anyone. Young woman with a child comes over to ask advise as to where a certain DVD boxset is. The guy looks at her, rolls his eyes to heaven, and in the best los angeles spoiled rotten vally girl way says "cant you see I'm BUSEEEE" Woman looked at me to see of he actually said that, and started laughing, gently put her app €100 worth of items on the counter beside him and walked out of the store. This particular store seems to be notorious for this behavior from the staff, and as a result I never go there. I was only there this time because somebody bought me store vouchers for christmas. Without naming, I bet most people know which store this is anyway.
boo4842 wrote: Now living in Canada the bus stops for you whether you put your hand out or not - just in case. A big change from the full (or empty buses) speeding past you in Dublin, chasing them down and they refuse to open the door. That sums up the difference in attitude in Dublin to me in a nutshell.
whizzbang wrote: I have to agree here. I got 2 buses in the UK last weekend, 1 driver was polite and efficient the other two were polite, efficient and funny to boot! Its a pity some people in Ireland don't take more pride in their work and how they deal with others.
fischerspooner wrote: when did I ever say I was sitting in pubs night after night?? I just said I like the pubs here. Yes Berlin is a great city, but there are no jobs, and it's kind of bleak and depressing, I'd say you'd get fed up there after a while. If you ever go, check out a bar called "King Kong", it's somewhere in the east, one helluva place.
fischerspooner wrote: Well everywhere gets boring after a while buddy, that's life. Do you think people who live in the so-called best cities in the world i.e. London, New York, Sydney etc. don't ever get bored with the place? Life is what you make of it, no matter where you are.
fischerspooner wrote: Variety of what? What do you want from a city? If you want a crap city try a mid wester canadian or american city, then you'll know all about it. People complain about people not being friendly here when they go out... it's your own fault, do you ever try talking to people? No you probably stand there with a scowl on your face all night and ignore people who try and talk to you and then mutter "bleedin' weirdo"... I see it all the time.
fischerspooner wrote: it's a class city, I really can't believe the words people are saying about the place. If you don't have a good time when you go out here you wont have a good time anywhere. We have the best pubs in the world as far as I'm concerned. We have a great mix of people. If you want unfriendly stuck up people go to Edinburgh, I used to live there for a while and none of the locals talk to you, or want to talk to you.
DamoKen wrote: mate of mine bought a 2 bed new duplex apartment in Kimmage for 300,000 last year, really nice place. Was this 2 bed place your mate bought on it's own grounds or something? cos for that price a "few" years ago as you say, there would need to be something extra special about it.
DamoKen wrote: I take it you haven't bought a home?
DamoKen wrote: that both of them would want to be earning over 50,000 each, which is well over the average wage. So are you saying that only people earning above the average are buying houses?
DublinWriter wrote: Because houses there were going for 350,000 at the time.
DublinWriter wrote: Because they took out a 300K Mortgage. You do the maths.
DublinWriter wrote: Because when you walk into a bank/building society and say "please may I have a mortgage?" they'll ask you "how much do you earn a year?" and you'll say "X" and they'll say "we can offer you a mortage of X times 3.5". That's the way it works and these are the guidelines set out by the Central Bank. Financial instituations did get a bit cheeky in the late 90's by giving out more, but they were soon slapped on the wrist by the Central Bank.
DublinWriter wrote: The house is now valued at 550K. .... Tell me what other investment vehicle would have given them that kind of profit in two years?
DublinWriter wrote: Because when you walk into a bank/building society and say "please may I have a mortgage?" they'll ask you "how much do you earn a year?" and you'll say "X" and they'll say "we can offer you a mortage of X times 3.5".
DublinWriter wrote: That's the way it works and these are the guidelines set out by the Central Bank. Financial instituations did get a bit cheeky in the late 90's by giving out more, but they were soon slapped on the wrist by the Central Bank.
DublinWriter wrote: No, when you apply for a Mortage as a couple they let you have a maximum mortgage amount 3.5 times the higher of the two salaries *plus* 1.5 times the lesser salary.
DublinWriter wrote: THATS WHY BOTH PARENTS NEEED TO WORK! Capice now?
DublinWriter wrote: My friend recently had to get the property valued as he's looking at getting an extension with another kid on the way. The house is now valued at 550K. They could sell up now and make 200K profit before Capital Gains Tax. Tell me what other investment vehicle would have given them that kind of profit in two years?
DublinWriter wrote: If they had rented, they'd have spent roughly 35K in the past two years and would have had nothing to show for it.
MorningStar wrote: Where are you living? THis sounds like pure fiction. First off a few years ago they paid how much for Kimmage? Why pay so much?
MorningStar wrote: Next why is their mortgage so high?
MorningStar wrote: Next since when have you only been able to get 3.5 time of your wages in Ireland?
MorningStar wrote: Your mate was making €100k a year with his wife then? Their mortgage would be a small portion of their wages
MorningStar wrote: They would be better off renting and if they don't know that then they have a problem with understanding that is a bad choice. Thier choice to pay too much for their house when they could live better renting with less maintenace. As their friend you should tell them they could live a better quality of life by renting.
DublinWriter wrote: I'm talking about both parents having to work just to afford the basics. A mate of mine has one young kid, his wife has another on the way. They live in a 2-bed in Kimmage that they bought a few years ago for €350K. He normally cycles to work, she drives. They both need to work to afford to pay the €2,800 monthly mortgage payment. Your arguement about both partners having to work just to afford luxeries and 4x4's is just so much phish. Your maxium mortgage is calculated on 3.5 times your annual salary. So in order to get a mortgage of €350,000 you'd need to be earing €100K a year. That really isn't very practical for most couples is it morningstar?
MorningStar wrote: If you have a house with more rooms than you need and two cars that use huge amount of fuel and have to work two jobs to fund that it is your choice. There is no way everybody living like this is forced to live like this they chose to do it.
MorningStar wrote: Manners are a set of rules, rules are authority get the idea. Tell somebody they are rude on the street and they blow up. You people are so mad you aren't listening to what I am saying. I have told you how I suggest you deal with rude staff. I highlighted to help I suggest you read it again. I have stated a course of action to address the problem. What are you saying Archeron? The truth is the staff are reacting to how they are treated it is that simple. Everybody reacts to how they are treated. You are so mad that you keep thinking I am saying it is not true that people are ruder. I have said everybody is ruder. What do you want me to say? Tell me because you don't like the idea tha I agree. I don't agree that we are ruder than any other western city. I think we moan about it more than any other city and put ourselves down and won't do our part to correct it.