I saw prices rose by 12k last year.
Does anyone know how much this is caused by new builds?
A new build will obviously mean higher price. With more new builds, means higher price.
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03-01-2019, 19:48 | #32 | |
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I want to look after myself like everyone does. |
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03-01-2019, 20:06 | #33 |
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03-01-2019, 20:09 | #34 | |
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03-01-2019, 20:13 | #35 | |
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I take it you mean national prices rose by 11.5% (Dublin was a more modest 4.8%- unless you were in West Dublin- where they actually fell). I don't see why a new build necessarily means higher prices (than second hand sales) though? In general- you are not comparing like with like. A lot of the new builds are far smaller than second hand units in similar locations- and while they may have far better BER ratings etc- people are not willing ascribe a comparable value to these attributes- with property its all location-location-location- everything else is secondary. The reason for ongoing price increases- is even now our supply is not in keeping with demand. Even a tin can will rise in price- if there is a scarcity of tins cans. Its simple supply and demand. |
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03-01-2019, 20:43 | #36 | ||
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03-01-2019, 20:59 | #37 |
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03-01-2019, 21:06 | #38 |
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Users leaving both platforms in droves and failure to monetise coupled with rising costs. Two lame ducks.
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03-01-2019, 21:14 | #41 |
LinkedIn currently owned by Microsoft so safe enough there. Facebook itself is shot agreed, but they own WhatsApp and Instagram, both massive platforms in their own right. Luckily Irish property prices don't really track individual US companies stock prices.
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03-01-2019, 21:17 | #42 |
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04-01-2019, 08:58 | #43 | |
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Also the network effect is working very well for them. I refused to register on WhatsApp until recently but I eventually felt forced to do so as I was missing out on some things which were only communicated on WhatsApp groups. Anyway, a discussion for another topic, but to answer another poster, if Irish property prices don’t track stock prices of US multinationals they are still fairly influenced by the presence of multinationals (at least in Dublin, Cork, and possibly Galway). |
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04-01-2019, 09:27 | #44 | |
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04-01-2019, 09:45 | #45 | |
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I am precisely saying that I think it is unlikely for people to leave en masse. Last edited by Bob24; 04-01-2019 at 09:55. |
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