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How much did your house cost?

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Comments

  • Registered Users Posts: 1 albertwygant


    It depends on the horse, its breeding, conformation, dispositing, level of training, show history, color, etc....lots of things factor into it. In the midwest right now you can get a horse for $20 at an auction...maybe even free ones. If you want a green broke horse, it might cost $200. If you want a registered, well-broke trail horse, I would be prepared to spend around $2500. And prices go up from there.


  • Registered Users, Registered Users 2 Posts: 2,589 ✭✭✭DoozerT6


    ^^^ But who'll take the horse to France???


  • Registered Users Posts: 2 CunhuntMoran


    Bought for €220K in 2010 down from €650 8months earlier.

    Now worth €310


  • Registered Users Posts: 919 ✭✭✭Joe prim


    Good way to look at it. If you bought somewhere where you're happy to love in for the forseable future, what does it matter on the value if you're paying less per month than someone who paid less than you to buy, but more in mortgage payments due to the higher interest rate.

    Errr......yes, quite.......


  • Closed Accounts Posts: 1,029 ✭✭✭Wicklowrider


    1988. 26,000 punts. Average 3 bed semi.
    Nearly backed out of deal because I was worried about getting that deep in debt. 2 years before that a mate was left a house in Smithfield , an old council house with an outside toilet, he offered it to me for 3, 500 cash. Thats not a typo.

    I think back then an average worker could buy an average house in the Dublin area for aprx 2 years of his gross salary. If you had a secure factory job or something like that you could do a lot better. Something went seriously wrong


  • Closed Accounts Posts: 32,688 ✭✭✭✭ytpe2r5bxkn0c1


    32k


  • Registered Users Posts: 33,758 ✭✭✭✭RobertKK


    The cost of solicitor fees and stamp duty, I was given the family home when I was 20 years old, along with the farm.


  • Registered Users, Registered Users 2 Posts: 6,068 ✭✭✭LoonyLovegood


    Parents bought it in '90, I think. £50K.


  • Registered Users Posts: 1,738 ✭✭✭dirtyden


    1988. 26,000 punts. Average 3 bed semi.
    Nearly backed out of deal because I was worried about getting that deep in debt. 2 years before that a mate was left a house in Smithfield , an old council house with an outside toilet, he offered it to me for 3, 500 cash. Thats not a typo.

    I think back then an average worker could buy an average house in the Dublin area for aprx 2 years of his gross salary. If you had a secure factory job or something like that you could do a lot better. Something went seriously wrong

    It is crazy how things have changed. I bought a few years ago and I remember having a number of discussions with my dad about buying now compared to when he would have bought our old family house. Back than you would have needed at the very least quarter of the price up front in general, as well as having some serious security most likely provided by your parents house/farm/business versus the loan. But the average house price was as you have said somewhere between 2-4 times a decent annual income. Houses were cheaper and credit was more expensive but much harder access.


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  • Closed Accounts Posts: 4,754 ✭✭✭oldyouth


    IR£32,500 in 1986. To put it in to perspective, I was earning IR£11,500 per annum at the time


  • Registered Users, Registered Users 2 Posts: 306 ✭✭NZ_2014


    oldyouth wrote: »
    IR£32,500 in 1986. To put it in to perspective, I was earning IR£11,500 per annum at the time

    So you were earning 35.3% of the house value per year. So the rough equivalent would be somebody earning €50,000 per annum buying a house for about €140,000


  • Registered Users, Registered Users 2 Posts: 16,409 ✭✭✭✭Grayson


    1988. 26,000 punts. Average 3 bed semi.
    Nearly backed out of deal because I was worried about getting that deep in debt. 2 years before that a mate was left a house in Smithfield , an old council house with an outside toilet, he offered it to me for 3, 500 cash. Thats not a typo.

    I think back then an average worker could buy an average house in the Dublin area for aprx 2 years of his gross salary. If you had a secure factory job or something like that you could do a lot better. Something went seriously wrong

    My parents bought their first house in the UK. It was in the mid 70's and my grand dad had left my mum £200. So they paid for a house with it and had enough for renovations.

    When i was in college in 95 my landlord sold the house (a 4 bed semi in a nice neighbourhood). He said "lads, I bought this for 30k two years ago. It's worth 35 now. these prices won't last". He was right :(


  • Closed Accounts Posts: 4,754 ✭✭✭oldyouth


    NZ_2014 wrote: »
    So you were earning 35.3% of the house value per year. So the rough equivalent would be somebody earning €50,000 per annum buying a house for about €140,000

    Company I worked for did mortgages and the limit was 3.5 times your salary


  • Registered Users Posts: 202 ✭✭Dredd_J


    dirtyden wrote: »
    It is crazy how things have changed. I bought a few years ago and I remember having a number of discussions with my dad about buying now compared to when he would have bought our old family house. Back than you would have needed at the very least quarter of the price up front in general, as well as having some serious security most likely provided by your parents house/farm/business versus the loan. But the average house price was as you have said somewhere between 2-4 times a decent annual income. Houses were cheaper and credit was more expensive but much harder access.

    And generally women didnt work after they were married, and if they did, they were paid sh1t money.
    Much more money coming into family homes nowadays.
    Oh and income tax was outrageous. As was the interest rate they were probably paying.


  • Registered Users, Registered Users 2 Posts: 12,235 ✭✭✭✭Cee-Jay-Cee


    235k originally with 193k still left to pay. It'll take me till feckin next christmas to pay the damn thing off!!!


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  • Registered Users Posts: 227 ✭✭The Letheram


    Built it on my own land. 4 bed two storey doing a lot of work myself. Carpenter by trade in a previous life. €145k mortgage at the time but prob put in another €60-80k myself. Built it in 05. 4 years roughly left on the millstone around my neck every month.


  • Registered Users Posts: 202 ✭✭Dredd_J


    Built it on my own land. 4 bed two storey doing a lot of work myself. Carpenter by trade in a previous life. €145k mortgage at the time but prob put in another €60-80k myself. Built it in 05. 4 years roughly left on the millstone around my neck every month.

    You wouldnt be allowed to do that nowadays with the new regulations.
    Pity. Id love to build my own house.


  • Registered Users Posts: 19 and other disasters


    £29,000 in 1987. At the height of the boom people paid around €400k to be my neighbours, feel kinda sorry for them, not least for having to live next to me!


  • Closed Accounts Posts: 3,642 ✭✭✭MRnotlob606


    a fiver


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