Is it me??

rs8 · 24-03-2021 12:41am #1

Is it me or are things gone back to the celtic tiger days ?

Machinery at a crazy all time high especially secondhand stuff ... wore out tractors/diggers fetching stupid money. Seen a fiat 110/90 for 45k on done deal like is there something I'm missing?

14 year old landcruisers/hiluxes with high mileage getting about 4k more than there worth!!

Man came at me to sell my mini digger and offered 3k more than I paid for it 2 years ago.

Sorry about the rant but do people not remember the years of 2010/2011/2012? Is anyone forecasting a big downturn and how soon do you reckon it will come?

roosky · 24-03-2021 12:50am

rs8 wrote: »

Is it me or are things gone back to the celtic tiger days ?

Machinery at a crazy all time high especially secondhand stuff ... wore out tractors/diggers fetching stupid money. Seen a fiat 110/90 for 45k on done deal like is there something I'm missing?

14 year old landcruisers/hiluxes with high mileage getting about 4k more than there worth!!

Man came at me to sell my mini digger and offered 3k more than I paid for it 2 years ago.

Sorry about the rant but do people not remember the years of 2010/2011/2012? Is anyone forecasting a big downturn and how soon do you reckon it will come?

Ya fully agree recently gave up on upgrading tractor as second hand tractors are gone mad money and currently trying to buy a jeep which is proving difficult while spending less thank 20 k !!!

mickdw · 24-03-2021 12:53am

Everything is gone mad - builders, materials machinery etc. There is a **** storm coming.
Covid, businesses going bust, tax increases coming. All we need now are the banks to sh1t the bed and stop giving out loans and the whole thing will come crashing down.

Say my name · 24-03-2021 12:55am

rs8 wrote: »

Is it me or are things gone back to the celtic tiger days ?

Machinery at a crazy all time high especially secondhand stuff ... wore out tractors/diggers fetching stupid money. Seen a fiat 110/90 for 45k on done deal like is there something I'm missing?

14 year old landcruisers/hiluxes with high mileage getting about 4k more than there worth!!

Man came at me to sell my mini digger and offered 3k more than I paid for it 2 years ago.

Sorry about the rant but do people not remember the years of 2010/2011/2012? Is anyone forecasting a big downturn and how soon do you reckon it will come?

Give it a year after Covid lockdown ends and all the money that people saved up has washed through.
Atm people have too much money and manufacturers are putting up prices because of scarcity of product from factories on half work from covid.

Sister bought a new car last year. Same car this year is 3k at least dearer.

Related to grant and covid but waiting lists on some slurry tanks are 8 months some a year. Prices have exploded naturally enough.

Even my dairy service technician for the dairy annual service was twice what it usually is.

Things are very very expensive now and some services and sellers are increasing margin to compensate. Becomes a vicious circle.

rs8 · 24-03-2021 1:04am

Me and a buddy are both in the market for fresh second hand jeeps and were holding off till things come somewhat more realistic. As he said he's never seen so many rangers/hiluxs with no towbars going into building sites so we're just going to bid our time

mengele · 24-03-2021 1:12am

Everything is gone made expensive alright but are things selling at these prices I wonder? How busy are machinery dealers with sales?

SouthWesterly · 24-03-2021 1:54am

Saw a rust heap of a power washer for sale near me. Wanted 500. I nearly spilled my coffee.

Birdnuts · 24-03-2021 2:09am

Governments around the world have been printing money like drunks since the last financial crisis - I guess you could call it Mugabe economics(after the late Zim leader)

Cavanjack · 24-03-2021 6:50am

roosky wrote: »

Ya fully agree recently gave up on upgrading tractor as second hand tractors are gone mad money and currently trying to buy a jeep which is proving difficult while spending less thank 20 k !!!

I’m in the same boat re jeep. No value out there. Another thing is the price of dogs. They seem to be latest boom.

kollegeknight · 24-03-2021 8:00am

Dogs and horses gone mad dear. One of my friends is a builder, has just upgraded the tractor for towing a trailer and just got a 50k 7seater skoda for the Mrs. Was going on about wind turbines could drop the value of his house from €400k. I told him not to be fooled by what auctioneers put on a house around here- there is no way he would get close to €250k for it no matter the spec.

He was saying he might need the extra value to invest in the company.

I’ll stick to my little Toyota car a while longer- 430000 km on the clock.

I had been looking on belted galloways for our wintering but the two in gory for big money for what they are is putting me off- a lad that’s always in the mart said, everyone is getting a Covid payment and nothing to spend it on and driving up prices of unusual cattle and dogs.

duffysfarm · 24-03-2021 8:28am

Was half thinking of getting a dog. Wont say how much it was in the first place as it was mad but it has jumped up another €500 in the last week. The arse will fall out of that market whenever travel opens back up

richie123 · 24-03-2021 8:50am

Have to agree.
Time to buckle up and spend as little as possible on anything bar the essentials.
This could last a year or two maybe longer.

Now is not the time to build or buy expensive machinery.
Quantitieve easing and extreme low interest rates compounded by this pandemic.
Be some ****ing bang when this one blows.
And no one will know when or how.
Just like no one predicted the pandemic.

My prediction; 2023 it blows.

memorystick · 24-03-2021 9:50am

Shure aren’t lads eating sambos now for €90 and he can’t keep them out.
The boom is back I’m afraid.

blue5000 · 24-03-2021 10:08am

richie123 wrote: »

Have to agree.
Time to buckle up and spend as little as possible on anything bar the essentials.
This could last a year or two maybe longer.

Now is not the time to build or buy expensive machinery.
Quantitieve easing and extreme low interest rates compounded by this pandemic.
Be some ****ing bang when this one blows.
And no one will know when or how.
Just like no one predicted the pandemic.

My prediction; 2023 it blows.

Whenever the covid payment stops the key will be turned off for this one I reckon.

Was paying €8 for 5ft stakes in a local hardware one weekend and I was saying to myself a new chainsaw wouldn't be long paying for itself. Anyway supply and demand is the reason, timber is scarce because of this felling licence fiasco and decking boards are now €19.......Declan Decklander must be busy again:D.

I think some of it is due to card payments, people are not actually handing over cash.

rs8 · 24-03-2021 10:18am

mickdw wrote: »

Everything is gone mad - builders, materials machinery etc. There is a **** storm coming.
Covid, businesses going bust, tax increases coming. All we need now are the banks to sh1t the bed and stop giving out loans and the whole thing will come crashing down.

We're seeing here in meath and the commuter towns around Dublin that lads won't work unless there getting 250 euro plus because there getting it in the city!!

I do be keeping an eye on the auctions on the phone and Saturday in portlaoise a taarup 6 rotor tedder made €4300 plus commission and properly vat!! We bought a shop soild 4 rotor krone for 8k two years ago .. considering how old a taarup product is since kverneland bought them out I think ill stick to my new machine for 3.5k more and do a few more laps of the field!!

patsy_mccabe · 24-03-2021 10:31am

Governments are printing money. Its as simple as that. Its inflation, but by another name.

tabby aspreme · 24-03-2021 10:45am

Plenty of people working from home on full wages, no commuting costs, no holidays to spend money on, no pubs or restaurants, kids at home during college, no accommodation costs, no expensive clothes shopping just basics bought online, no creche fees for some family's , a lot of money has been saved during the last year and it's burning a hole in people's pockets

roosky · 24-03-2021 10:46am

Cavanjack wrote: »

I’m in the same boat re jeep. No value out there. Another thing is the price of dogs. They seem to be latest boom.

I bought a pup for €300 at Christmas and I’m still giving out about it so really struggling with the price of Jeeps ðŸ˜‚

amacca · 24-03-2021 10:53am

tabby aspreme wrote: »

Plenty of people working from home on full wages, no commuting costs, no holidays to spend money on, no pubs or restaurants, kids at home during college, no accommodation costs, no expensive clothes shopping just basics bought online, no creche fees for some family's , a lot of money has been saved during the last year and it's burning a hole in people's pockets

I wish people werent such retards with their money.......

Sick of cyclical rises and falls...messes up plans etc, would love a relatively stable predictable sustainable reasonable level for prices for everything so I could get on with living instead of constantly adjusting plans.

Doctors room ghost · 24-03-2021 10:56am

The dog pounds and rescues will be full of the 2 grand dogs in 6 months time after they eat wee pateens Tommy Hilfiger slippers and they get fed up with not walking him and he barking at night.
A fool and his money are easily parted.

K.G. · 24-03-2021 11:19am

2 things i think,alot of people have money as they havent been spent the money on drink nights out holidays and transport.alot of people have an extra 10 grand in the current account and the second thing is people are comfort buying.they have been stuck at home looking at the same thing with the last 12 months and just comfort buying.the other thing is working from home has become firmly established in the countryside is shifting people to the country

Ginger83 · 24-03-2021 11:27am

rs8 wrote: »

We're seeing here in meath and the commuter towns around Dublin that lads won't work unless there getting 250 euro plus because there getting it in the city!!

I do be keeping an eye on the auctions on the phone and Saturday in portlaoise a taarup 6 rotor tedder made €4300 plus commission and properly vat!! We bought a shop soild 4 rotor krone for 8k two years ago .. considering how old a taarup product is since kverneland bought them out I think ill stick to my new machine for 3.5k more and do a few more laps of the field!!

I'm in Cavan and I got a price off a guy of 3500 to lay about 750 blocks, didn't even come and look and then said it was a cash price.

Are people on drugs? They want a months wages for a weeks work if that.

I can't get a digger and operator to dig a soak hole and drainage trench, stone on site weeks now. Nobody interested in small jobs.

Pull the covid payment and roll on the big bang please !!!

24-03-2021 11:32am

Ginger83 wrote: »

I'm in Cavan and I got a price off a guy of 3500 to lay about 750 blocks, didn't even come and look and then said it was a cash price.

Are people on drugs? They want a months wages for a weeks work if that.

I can't get a digger and operator to dig a soak hole and drainage trench, stone on site weeks now. Nobody interested in small jobs.

Pull the covid payment and roll on the big bang please !!!

Funny enough but digger driving and concrete/block work were bits I was looking at on YouTube last night, I know the lads doing them jobs will do them faster and better, but like you say they see small jobs as a ballache.

blue5000 · 24-03-2021 11:33am

Ginger83 wrote: »

I'm in Cavan and I got a price off a guy of 3500 to lay about 750 blocks, didn't even come and look and then said it was a cash price.

Are people on drugs? They want a months wages for a weeks work if that.

I can't get a digger and operator to dig a soak hole and drainage trench, stone on site weeks now. Nobody interested in small jobs.

Pull the covid payment and roll on the big bang please !!!

I think you're supposed to have your own digger, sure nearly everyone has one now;).

Mimon · 24-03-2021 11:36am

The secondhand market in Ireland was always ridiculous for everything with people wanting new money for something years old.

A small market/lack of competition and idiots willing to pay it people got away with it. Don't think bigger economies like the US, UK and Germany have this problem and second hand stuff is dirt cheap.

Reggie. · 24-03-2021 11:48am

Ginger83 wrote: »

I'm in Cavan and I got a price off a guy of 3500 to lay about 750 blocks, didn't even come and look and then said it was a cash price.

Are people on drugs? They want a months wages for a weeks work if that.

I can't get a digger and operator to dig a soak hole and drainage trench, stone on site weeks now. Nobody interested in small jobs.

Pull the covid payment and roll on the big bang please !!!

Fully agree. Lads are very quick to forget the jobs that's keep them going in the hard times. Lads do suffer in the long run with attitudes like that

Ginger83 · 24-03-2021 11:57am

Reggie. wrote: »

Fully agree. Lads are very quick to forget the jobs that's keep them going in the hard times. Lads do suffer in the long run with attitudes like that

I'm happy to pay for the work but I would have thought two quid a block would be good money even into the hand. According to a self build facebook page two quid is city rates and the guy that wanted 3500 wouldn't have 15 minutes to travel.

Reggie. · 24-03-2021 11:58am

Ginger83 wrote: »

I'm happy to pay for the work but I would have thought two quid a block would be good money even into the hand. According to a self build facebook page two quid is city rates and the guy that wanted 3500 wouldn't have 15 minutes to travel.

3500 is scandalous is any book for 700 blocks

lakill Farm · 24-03-2021 12:01pm

Westmeath here and I paid lads €1 on flat and €1.20 on edge for 6 inch blocks and €1 per foot to cap the wall including piers about 3 weeks ago

I provided the cement mixer, barrow, consaw and I was around with a blockgrab.

Ginger83 wrote: »

I'm in Cavan and I got a price off a guy of 3500 to lay about 750 blocks, didn't even come and look and then said it was a cash price.

Are people on drugs? They want a months wages for a weeks work if that.

I can't get a digger and operator to dig a soak hole and drainage trench, stone on site weeks now. Nobody interested in small jobs.

Pull the covid payment and roll on the big bang please !!!

Dunedin · 24-03-2021 12:06pm

Ginger83 wrote: »

I'm in Cavan and I got a price off a guy of 3500 to lay about 750 blocks, didn't even come and look and then said it was a cash price.

!

That’s €4.67 a block ffs. Obviously the guy has plenty of work and doesn’t want the job so throws a ridiculous price on and he’s laughing if he gets it.

750 blocks is 2 or 3 day’s work - nice money if he got it but I’d be telling him to take a run and jump. Too much at a 1/3 of the price even if they were 6” blocks. I’d love to say for the craic - aye no bother, when can you start, and tell him the evening before that something has changed and you’re not not doing the job now.

Reggie. · 24-03-2021 12:09pm

Dunedin wrote: »

That’s €4.67 a block ffs. Obviously the guy has plenty of work and doesn’t want the job so throws a ridiculous price on and he’s laughing if he gets it.

750 blocks is 2 or 3 day’s work - nice money if he got it but I’d be telling him to take a run and jump. Too much at a 1/3 of the price even if they were 6” blocks. I’d love to say for the craic - aye no bother, when can you start, and tell him the evening before that something has changed and you’re not not doing the job now.

Money ran out tell him

Mad_maxx · 24-03-2021 12:11pm

Say my name wrote: »

Give it a year after Covid lockdown ends and all the money that people saved up has washed through.
Atm people have too much money and manufacturers are putting up prices because of scarcity of product from factories on half work from covid.

Sister bought a new car last year. Same car this year is 3k at least dearer.

Related to grant and covid but waiting lists on some slurry tanks are 8 months some a year. Prices have exploded naturally enough.

Even my dairy service technician for the dairy annual service was twice what it usually is.

Things are very very expensive now and some services and sellers are increasing margin to compensate. Becomes a vicious circle.

i can confirm this about cars , i bought a new car last year , same model is 3 k dearer this year and it wasnt a 90 k BMW either

signed a contract for new windows yesterday , 15300 for treble glaze , same job was 11900 in may 2018 , we didnt proceed that time which was foolish in hindsight

home improvements are awful expensive such is the demand , materials scarce ( allegedly )

Lurching · 24-03-2021 12:13pm

duffysfarm wrote: »

Was half thinking of getting a dog. Wont say how much it was in the first place as it was mad but it has jumped up another €500 in the last week. The arse will fall out of that market whenever travel opens back up

Wait until people go back to their offices.
The pounds will be bursting at the seams with dogs.

893bet · 24-03-2021 12:15pm

Ginger83 wrote: »

I'm in Cavan and I got a price off a guy of 3500 to lay about 750 blocks, didn't even come and look and then said it was a cash price.

Are people on drugs? They want a months wages for a weeks work if that.

I can't get a digger and operator to dig a soak hole and drainage trench, stone on site weeks now. Nobody interested in small jobs.

Pull the covid payment and roll on the big bang please !!!

Out of curiosity does the at price include supply and fit?

Is he laying a new foundation for the wall?

How long is the wall? How high?

Good money if you can get it.

Ginger83 · 24-03-2021 12:22pm

893bet wrote: »

Out of curiosity does the at price include supply and fit?

Is he laying a new foundation for the wall?

How long is the wall? How high?

Good money if you can get it.

No that's a labour only price.
750 blocks with 100mm cavity board, ready to lay on foot blocks.
All materials supplied.

laoch na mona · 24-03-2021 12:23pm

rs8 wrote: »

Is it me or are things gone back to the celtic tiger days ?

Machinery at a crazy all time high especially secondhand stuff ... wore out tractors/diggers fetching stupid money. Seen a fiat 110/90 for 45k on done deal like is there something I'm missing?

14 year old landcruisers/hiluxes with high mileage getting about 4k more than there worth!!

Man came at me to sell my mini digger and offered 3k more than I paid for it 2 years ago.

Sorry about the rant but do people not remember the years of 2010/2011/2012? Is anyone forecasting a big downturn and how soon do you reckon it will come?

Celtic tiger prices with recession wages isn't a good mix for the country

and the mad thing is some people seem to be welcoming it (probably think they can make a few euro) as if it didn't blow up spectacularly last time.

An auctioneer here is saying a cottage without a kitchen or central heating system will make 100k, absolute lunacy

lab man · 24-03-2021 12:25pm

rs8 wrote: »

We're seeing here in meath and the commuter towns around Dublin that lads won't work unless there getting 250 euro plus because there getting it in the city!!

I do be keeping an eye on the auctions on the phone and Saturday in portlaoise a taarup 6 rotor tedder made €4300 plus commission and properly vat!! We bought a shop soild 4 rotor krone for 8k two years ago .. considering how old a taarup product is since kverneland bought them out I think ill stick to my new machine for 3.5k more and do a few more laps of the field!!

Kubota bought them they own kvernland too

laoch na mona · 24-03-2021 12:36pm

tabby aspreme wrote: »

Plenty of people working from home on full wages, no commuting costs, no holidays to spend money on, no pubs or restaurants, kids at home during college, no accommodation costs, no expensive clothes shopping just basics bought online, no creche fees for some family's , a lot of money has been saved during the last year and it's burning a hole in people's pockets

yet on the other side of the economy a lot of people who aren't working due to covid have had to borrow to keep up with bills, the credit unions are giving out covid loans.

It's been good for those of us who can work from home and very bad for others

yosemitesam1 · 24-03-2021 12:43pm

What are the central bankers choices?
Allow interest rates to rise, even a small bit and a massive amount of the economy will unwind...
Ignore inflation and tell us it isnt happening until it gets serious, then allow interest rates to rise and unwind the economy.

Think that the second option is what they'll go for

duffysfarm · 24-03-2021 1:11pm

add to that that 40% of all the US dollars that have ever been printed have been printed have been printed in the last year. US companys are using this cheap money to buy back their shares which is driving the stock markets crazy when they should be investing their companies and innovating.
And bitcoin - noting but a glorified pyramid scheme making some people a lot of money I know but when you see crap like that you know we are in for some trouble ahead

timple23 · 24-03-2021 1:28pm

duffysfarm wrote: »

add to that that 40% of all the US dollars that have ever been printed have been printed have been printed in the last year. US companys are using this cheap money to buy back their shares which is driving the stock markets crazy when they should be investing their companies and innovating.
And bitcoin - noting but a glorified pyramid scheme making some people a lot of money I know but when you see crap like that you know we are in for some trouble ahead

I spent a small few pound on bitcoin at the start of covid, price of a nice calf. Cashed out 75%. Made more money than all my savings in credit union and bank in my entire life.

I think I will start to mind what I have a bit better. Woeful waste makes for woeful want.

rs8 · 24-03-2021 2:34pm

lab man wrote: »

Kubota bought them they own kvernland too

Out of interest what age would you put a taarup tedder at? Surely 15 years old?

K.G. · 24-03-2021 2:55pm

Ginger83 wrote: »

I'm in Cavan and I got a price off a guy of 3500 to lay about 750 blocks, didn't even come and look and then said it was a cash price.

Are people on drugs? They want a months wages for a weeks work if that.

I can't get a digger and operator to dig a soak hole and drainage trench, stone on site weeks now. Nobody interested in small jobs.

Pull the covid payment and roll on the big bang please !!!

Read between the lines.he didnt look at the job and quoted you a crazy price, he dosent want to do your job.

Ginger83 · 24-03-2021 3:09pm

K.G. wrote: »

Read between the lines.he didnt look at the job and quoted you a crazy price, he dosent want to do your job.

He might have had the decency to say

Dunedin · 24-03-2021 3:20pm

K.G. wrote: »

Read between the lines.he didnt look at the job and quoted you a crazy price, he dosent want to do your job.

Yeah but if poster was foolish enough to give him the job you can bet your bottom dollar he’d take it and smile all the way - €3.5k cash for 3 days work, nice if you can get it.

patsy_mccabe · 24-03-2021 4:09pm

duffysfarm wrote: »

.......
And bitcoin - noting but a glorified pyramid scheme making some people a lot of money I know but when you see crap like that you know we are in for some trouble ahead

It's frightening the amount of so-called investors who think cryptocurrency is a good investment. :mad:

C0N0R · 24-03-2021 4:32pm

duffysfarm wrote: »

add to that that 40% of all the US dollars that have ever been printed have been printed have been printed in the last year. US companys are using this cheap money to buy back their shares which is driving the stock markets crazy when they should be investing their companies and innovating.
And bitcoin - noting but a glorified pyramid scheme making some people a lot of money I know but when you see crap like that you know we are in for some trouble ahead

20% of US dollars not 40%

24-03-2021 5:48pm

i think this printing money is likely to continue for next 2 to 3 years.....everything from pedigree ewes,to vintage tractors to sheepdogs is rocketing well beyond its realistic value

No government has appitide for austrity and the populace wont take it either after the lost decade of 09 to 19 and massive restrictions of last year or so

Which is a balls really,as im hoping to be in a position to build towards end 2022,/early to mid 2023......fcuk knows what build prices will look like then

duffysfarm · 24-03-2021 5:54pm

correct, 20% not 40% - but still a lot

C0N0R wrote: »

20% of US dollars not 40%

Red Sheds · 24-03-2021 6:10pm

I am very tempted to now sell a fairly rough 165 I have after reading all this. It only does about 50 hours a year, has new tyres and mechanically good.

kerryjack · 24-03-2021 7:25pm

Big push down these parts for lads to go to UK again mad looking for lads again, serious money being promised for trades men and semi skilled operatives. I was talking to a middle aged chap today, has 3 or 4 kids here itching to go, 1200 sterling into the hand accommodation paid for, working on utilities and pulling cable, tempting

Is it me??

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