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Queueing up to buy houses and house expos during the boom

  • 28-08-2011 05:34PM
    #1
    Closed Accounts Posts: 1,571 ✭✭✭


    Does anyone remember this trend,a massive queue forming around the block to buy the latest development?,or when an expo was held in a local hotel telling you about the property abroad.

    Any memories?.


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Comments

  • Closed Accounts Posts: 19,967 ✭✭✭✭mikemac


    Sure who couldn't resist these by Darndale, near the halting site ,Northern Cross

    Sex Sells

    Future ghetto land out there


  • Registered Users, Registered Users 2 Posts: 294 ✭✭Bride2012


    Does anyone remember this trend,a massive queue forming around the block to buy the latest development?,or when an expo was held in a local hotel telling you about the property abroad.

    Any memories?.

    I never bought a property but I do remember hearing the $h1te coming from people in the pub, 'oh Spain is so 90s, everyone knows that the money is in Croatia now'. Give me strength.


  • Registered Users, Registered Users 2 Posts: 37,310 ✭✭✭✭the_syco


    a massive queue forming around the block to buy the latest development
    This still happens, but the people are led to think that "OMGZLOL, we has super cheap houses for you" that are one gizzillion miles away from anywhere with no schools or shops nearby, and fed by a small little road.

    Lovely houses here, that are OMGZ being sold at a low price: http://www.boards.ie/vbulletin/showthread.php?t=2056363874 but there "lower than what they were" and there's "actually low". Seem the EA's want us to think that all of the former are the latter.


  • Closed Accounts Posts: 13,029 ✭✭✭✭Chuck Stone


    That house buying mania is a disease imo.


  • Closed Accounts Posts: 9,362 ✭✭✭Sergeant


    The Property Pin has some great material on all that rubbish. The "What they said, when they said it. Quotes from VIs." has some lovely nuggets of wisdom from the great and the good of Irish society.

    The site has been taken over by the lunatic fringe now though, so best used as a historical reference.


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  • Registered Users, Registered Users 2 Posts: 12,816 ✭✭✭✭galwayrush


    I remember reading in a local paper in Galway that some people paid students to queue for them overnight in order to secure the property.


  • Registered Users, Registered Users 2 Posts: 347 ✭✭Mr. Boo


    People thought it was normal to queue up to put a deposit on a house in the middle of nowhere? They thought they would in fact be mad not to do it. lol


  • Registered Users, Registered Users 2 Posts: 3,680 ✭✭✭policarp


    Anyone want to buy a 2 bed appartment in the Alicante area of Spain, with stunning sea views and off street car parking?
    Price very very reasonable. . .


  • Closed Accounts Posts: 2,822 ✭✭✭iPlop


    Does anyone remember this trend,a massive queue forming around the block to buy the latest development?,or when an expo was held in a local hotel telling you about the property abroad.

    Any memories?.

    I remember a new development across from my house going up in 2005, the houses started at €440k for a 960ft 3 bed semi, €580k for the 4 bed semi and €770 for the 5 bed detached.


    People flocked to the building site one sunday evening and slept in their cars for a week until launching day.

    Today the 5 bed is on sale for €300k and the developer will be lucky if he even gets that.


    Madness.


  • Closed Accounts Posts: 19,967 ✭✭✭✭mikemac


    I seem to remember a teacher on over fifty thousand salary crying as she was struggling to pay for her holiday home in Croatia on a radio show

    Got a lot of debate on boards at the time


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  • Registered Users, Registered Users 2 Posts: 10,992 ✭✭✭✭partyatmygaff


    policarp wrote: »
    Anyone want to buy a 2 bed appartment in the Alicante area of Spain, with stunning sea views and off street car parking?
    Price very very reasonable. . .
    I'll take it off your hands for a tenner. Well above market price so consider yourself lucky.


  • Registered Users, Registered Users 2 Posts: 5,933 ✭✭✭Logical Fallacy


    I know people who used to make money by "standing in line" and generating buzz.


  • Closed Accounts Posts: 100 ✭✭Paarse Krokodil


    No

    Actually I don't remember ever seeing that


  • Closed Accounts Posts: 46,938 ✭✭✭✭Nodin


    Does anyone remember this trend,a massive queue forming around the block to buy the latest development?,or when an expo was held in a local hotel telling you about the property abroad.

    Any memories?.

    I remember it, and I remember being sneered at for not getting in on it. I also remember being slagged off by a supervisor for not getting in on the Eircom shares. Thats me, financial risk adverse.


  • Registered Users, Registered Users 2 Posts: 26,242 ✭✭✭✭Eric Cartman


    i remember new developments in the far off wilds of kill , kilcock and even the exotic celbridge having open days back in 2002-2005 , everyone would flock to these days and browse around a well done up show house with the prospect of buying , people were queuing outside a portacabin to pay deposits etc on these houses , madness


  • Closed Accounts Posts: 100 ✭✭Paarse Krokodil


    Nodin wrote: »
    I remember it, and I remember being sneered at for not getting in on it. I also remember being slagged off by a supervisor for not getting in on the Eircom shares. Thats me, financial risk adverse.

    The eircom shares were a dead give away, with the amount of advertising for it going on at the time it reeked to high heaven of a Pump n Dump.

    and sure enough once all the suckers had bought in the shares started to plummet. Who actually benefited from this scam?


  • Banned (with Prison Access) Posts: 25,233 ✭✭✭✭Sponge Bob


    The massive queues for days beforehand were sort of a 2004-2006 thing and mainly in the Pale. I talked quite a few people out of it at the time, many of whom have emigrated since ........because they could!


  • Registered Users, Registered Users 2 Posts: 3,696 ✭✭✭paddylonglegs


    i remember new developments in the far off wilds of kill , kilcock and even the exotic celbridge having open days back in 2002-2005 , everyone would flock to these days and browse around a well done up show house with the prospect of buying , people were queuing outside a portacabin to pay deposits etc on these houses , madness

    ah hindsight is great.


  • Closed Accounts Posts: 5,092 ✭✭✭catbear


    One of the Ross O'Carroll Kelly books captured it very well. Ross was working as an EA and I think one of the lines he used was "Athlone, the gateway to Dublin!".


  • Closed Accounts Posts: 4,476 ✭✭✭Samba


    Those were the days, I remember getting paid €250 for standing in such a queue for 20 minutes, the auctioneer decided to bring it forward to that evening instead of the following day and I still got paid.


    Was tough business earning money back then :pac:


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  • Banned (with Prison Access) Posts: 25,233 ✭✭✭✭Sponge Bob


    You were well worth every penny Samba :p


  • Registered Users, Registered Users 2 Posts: 17,446 ✭✭✭✭jesus_thats_gre


    i remember new developments in the far off wilds of kill , kilcock and even the exotic celbridge having open days back in 2002-2005 , everyone would flock to these days and browse around a well done up show house with the prospect of buying , people were queuing outside a portacabin to pay deposits etc on these houses , madness

    ah hindsight is great.

    It is indeed. Know what is even better, being called an idiot on countless occasions between 2004 and 2008.

    Want to guess why I was being called an idiot? You guessed it, I told that i was opting not to buy a property as they were at least double their true value and that the market was due to crash shortly - they really didn't like that I thought that 2001 would have seen the market settle down if it wasn't for the drop in interest rates back then.


  • Registered Users, Registered Users 2 Posts: 26,242 ✭✭✭✭Eric Cartman


    It is indeed. Know what is even better, being called an idiot on countless occasions between 2004 and 2008.

    Want to guess why I was being called an idiot? You guessed it, I told that i was opting not to buy a property as they were at least double their true value and that the market was due to crash shortly - they really didn't like that I thought that 2001 would have seen the market settle down if it wasn't for the drop in interest rates back then.

    but houses only go up in value dont you know


  • Closed Accounts Posts: 100 ✭✭Paarse Krokodil


    I saw people queing up to buy mediocre cars such as the BMW 730 Li during to boom :D:D:D


  • Registered Users, Registered Users 2 Posts: 26,242 ✭✭✭✭Eric Cartman


    I saw people queing up to buy mediocre cars such as the BMW 730 Li during to boom :D:D:D

    the only thing mediocre about that was that it wasnt a 745 or 750


  • Registered Users, Registered Users 2 Posts: 11,692 ✭✭✭✭OPENROAD


    I remember a new development across from my house going up in 2005, the houses started at €440k for a 960ft 3 bed semi, €580k for the 4 bed semi and €770 for the 5 bed detached.





    Madness.

    And that was at the cheap end of things


  • Closed Accounts Posts: 100 ✭✭Paarse Krokodil


    the only thing mediocre about that was that it wasnt a 745 or 750

    I saw queues for them too. They'd all show up at the dealer and they'd have to stand in a different queue for each model

    Pretend posh people would emerge from 5 star hotels with their tent in the middle of the night to camp outside the BMW dealer so they'd get the first spot only to find out some D4 students had beaten them to it. Then they'd have to move down to the 730 Li queue so they could still honestly say they slept in a hotel and got the first spot in the queue

    may possibly be a complete pack of lies


  • Registered Users, Registered Users 2 Posts: 4,735 ✭✭✭jam_mac_jam


    ah hindsight is great.

    Yeah because nobody saw it coming...


  • Banned (with Prison Access) Posts: 25,233 ✭✭✭✭Sponge Bob


    My brother bought one recently, down 80% from new and the mileage is not exactly shocking either.

    Anyone remember this classic Irish property porn ??

    http://img99.imageshack.us/img99/4038/belmayne2fx2.png

    http://www.zimbio.com/pictures/yU0eKo_xPPO/Jamie+Louise+Rednapp+Unveil+Gorgeous+Living/v0xoWGzg7P2


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  • Closed Accounts Posts: 16,096 ✭✭✭✭the groutch


    "stunning new development in portlaoise, only 40 minutes from the m50" was one of my favorites that I remember.

    reality: "cardboard box in the A-hole of nowhere with a 2hr drive into the city centre each morning, and 3 hours back"


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