House prices in Charlesland.

iguana

ian_m wrote: »

Im glad we don't all live our lives in a 'drone zone' such as the previous poster. And I'm glad i don't live my life on negativity. You can't live your life in fear.

I am confused as to the motives of some posters on this forum. And posting about a Nuclear facility in the UK in a thread specifically about Charlesland confuses me. Its rather dramatic to say the least.

There are alot of happy in Charlesland. Thats their opinion and some things can't be argued. House prices go up and down everywhere. Such is life and you get on with it.

I'm glad you're happy in Charlesland, I never said you shouldn't be. I just said it wouldn't be for me. But people have different things that they choose not to deal with. I live in a city which has had 27 teen on teen murders so far this year, one in a pub 10 minutes from my house. It's also suffered quite few terrorist attacks and is likely to continue to do so. I know a huge amount of people who would find that cause enough to not to live here, some who wouldn't even visit.

I don't live my life in negativity and fear, I take about 25 tubes a week and the only times I think of somebody blowing them up is when I would appreciate any excuse not to go to work. (Shameful but true - though apparently I'm not alone in this.) The reason I brought up Sellafield is that it pumps millions of litres of waste into the body of water that many people on this thread have mentioned is a wonderful aspect of living where they do. All I'm doing is pointing out that some people think the opposite. Just like some people in Chiswick love living on the Thames and others worry about flood risk. Plenty of things sound very nice about Charlesland, I read the Halloween thread a few weeks ago and that sounded really nice. Nobody seems to do Halloween on my street and I've spent the last two years eating fun packs of sweets that I keep buying in October - just in case.

And yes house prices go up and down everywhere, even well located mansions in bustling economic centres. I don't think Charlesland will fare any worse than anywhere else. In fact as I said quite a few posts back I think that it could be the more expensive areas that lose more €'s in value. It's certainly what happened in the UK in the 90's, but as long as you like living where you do it doesn't really matter does it?

As for the motives of people posting on this thread? Well I guess some people who have been priced out of the market in Ireland are glad to see prices drop so that they can have a peice of what so many already have. Others are appalled at the way the economy has been run and now that it's collapsing are hoping that people will start to open their eyes a bit, so that once the crash ends we can start to build a sustainable economy. Maybe they want to point out that they are not doom and gloomers, but realists and that sound economies are rarely talked down. And maybe they are hoping that if people worry about falling prices they won't do something potentially disasterous like release equity on their houses right now. I know some people in London who are set to do that, and I wouldn't mind having a thread just like this one to suggest they take a read through.

SlinkyToo

It seems odd to be going on about London when this is the Greystones/Charlesland forum. Nonetheless I think you need to get out of the city and come back to reality in Ireland.

You can always wear a tinfoil hat if you are scared of the microwaves or alien abduction.

My motive is clear - I want to buy a nice house or two in 6 months time at the real value of the house. I doubt very much if anyone is going to take any notice of my rantings but I live in hope.

Apart from that I find it amusing to see people constantly justify the valuation they got for their house last year.

iguana

SlinkyToo wrote:

It seems odd to be going on about London when this is the Greystones/Charlesland forum. Nonetheless I think you need to get out of the city and come back to reality in Ireland.

I'm comparing the two in order to point out that people can have different preferences. I'm running down where I live in order to show that if I point out some reason someone might not want to live in Greystones it isn't intended as an insult.

And I'd love to return to Ireland at some point but the reality of the situation is that my husband works in a specialised field that no longer exists in Ireland in any real way.

SlinkyToo wrote:

You can always wear a tinfoil hat if you are scared of the microwaves or alien abduction.

Thanks for making fun of the people I've worked with who've watched family members die, and believe it is linked to one of the biggest polluters on the planet. I've spent 8 years working for different charities, mostly related to the developing world, but some cancer related and some environmental. I do actually know what I'm talking about.

SlinkyToo

Sigh

I should resist but I can't....

How many of these people lived in Greystones, swam in the Irishsea, had a bit of fish from Joe Sweeney's...

iguana

SlinkyToo wrote: »

Sigh

I should resist but I can't....

How many of these people lived in Greystones, swam in the Irishsea, had a bit of fish from Joe Sweeney's...

Instances of leaukemia and cancer are proportionally higher the nearer the proximity to the Irish sea. This includes the west coast of England and Wales. It's just an unfortunate fact. But don't let scientific study get in the way of making fun of me.:rolleyes:

http://www.llrc.org/health/subtopic/child_leuk_wales.htm wrote:

Between 1974 and 1989, relative risk of leukemia in children aged 0-4 in coastal areas of Wales adjacent to the Irish Sea was over four times that expected on the basis of national figures for England and Wales (RR = 4.6;
P = 0.0000). Discounting outliers, this effect persisted up to 20 km from the sea and fell off continuously with distance through the whole of Wales to its border with England. The effect is most probably caused by exposure to radioisotopic pollution from the BNFL plant at Sellafield.

MuffinsDa

woodser wrote: »

House prices in Charlesland
Fact3 Highest price achieved for 2 bed mid terrace house in Charlesland was 427k in nov06 A 2 bed is on market for 355k o.n.o. at moment a drop of 72k.

I agree that there's a considerable drop in prices in general, but where did you get the above figure (355K)? That's a fairly significant drop, perhaps the one you are talking about (which is on market for 355) is a 2-bed apartment and not a mid-terrace one. Currently the advertised value for mid-terraced ones are 375-390 as far as I am aware (which I think is still a bit higher than what they should be - and I have a 2 bed mid-terrace myself!). But maybe I'm wrong, could you send a link for that if you have it handy?

ian_m

iguana wrote: »

I know some people in London who are set to do that, and I wouldn't mind having a thread just like this one to suggest they take a read through.

Well off ya go so. Every so often you refer to Charlesland to just barely keep it on topic. You refer to a string of separate topics entirely unrelated most of the time.

iguana

ian_m wrote: »

Well off ya go so. Every so often you refer to Charlesland to just barely keep it on topic. You refer to a string of separate topics entirely unrelated most of the time.

I just gave my opinion on your question. I did not bring up the sea, I just pointed out that not everyone considers it to be an amenity and I mentioned the negatives about where I live in order not to come across as running Greystones down, because some pretty uncomplimentary things have been said about people who believe prices will drop. I also brought up other areas in regard to how I believe they will drop in price in relation to how I think Charlesland will.

If you went on the Limerick board, for example you will often see threads, like this, where people compare Limerick to Cork, Galway or Dublin. It's called drawing a comparison in order to illustrate a point. Ironically it's what I'm doing right now.

ian_m

I don't recall asking you a question.

Thanks for the links. My opinion still stands.

flight93

Hammiepeters statements below do you not agree with?? I would love to know which ones you think are incorrect or over the top or doom and gloom???

1) Our economy although it is doing very well is not doing as well as it was.

2) House prices are still very high, but they have dipped a little (including Charlesland).

3) The employment situation here is great, just not quite as good as it was.

Hammiepeters

flight93 wrote: »

Hammiepeters statements below do you not agree with?? I would love to know which ones you think are incorrect or over the top or doom and gloom???

1) Our economy although it is doing very well is not doing as well as it was.

2) House prices are still very high, but they have dipped a little (including Charlesland).

3) The employment situation here is great, just not quite as good as it was.

Yes,Yes and Yes

Wineman

iguana wrote: »

Both are bigger, cheaper houses, a similar distance from Dublin. Oh they don't have the cache of being Greystones, but many people don't agree that Charlesland does either.

Ridiculous comment. Charlesland is the same distance from the village centre as Rathdown Park is to the village centre, does that mean they are not living in Greystones? People living on Castlepark road in Dalkey are about a mile from Dalkey village, maybe they should also change their postal address?

Tell you what though the fishing is great, look what i caught on Greystones beach...imagesCANUC97T.jpg

flight93

Hammiepeters:

This is the original question asked by the OP:

Has anyone had their house valued recently. Are house prices in Charlesland really going down?

Here is what you agreed to:

1) Our economy although it is doing very well is not doing as well as it was.

2) House prices are still very high, but they have dipped a little (including Charlesland).

3) The employment situation here is great, just not quite as good as it was.

In other words, house prices in Charlesland were going down at the time the poster asked the question (22-6-2007)

So you must be a doom and gloomer like the rest of us!!! I agree with the above statements too!! great to see we are both singing from the same hymn sheet!

Hammiepeters

Well I wouldn't go that far. Flight 93? Wasn't that a plane that crashed and burned? When the original question was asked it was my view that in order to stop people panicikng it would be an idea to talk it up. I mean some of the most negative posts were from people attempting to sell property in Charlesland. What chance did they give themselves?. If for instance you were a FTB living with parents or renting cheap at present and you were thinking of a 2 bed terrace in Charlesland; you would have a choice of 12 and would have to be nuts to buy today. You would gamble that every month it will get cheaper and cheaper. I still think that the current malaise was started by Govt interference in the market and that the domino effect it has had will not be good for anyone. Bring on a new Taoiseach named Brian Cowen. Things will start again then.

Tom123

Hammiepeters wrote: »

Well I wouldn't go that far. Flight 93? Wasn't that a plane that crashed and burned? When the original question was asked it was my view that in order to stop people panicikng it would be an idea to talk it up. I mean some of the most negative posts were from people attempting to sell property in Charlesland. What chance did they give themselves?. If for instance you were a FTB living with parents or renting cheap at present and you were thinking of a 2 bed terrace in Charlesland; you would have a choice of 12 and would have to be nuts to buy today. You would gamble that every month it will get cheaper and cheaper. I still think that the current malaise was started by Govt interference in the market and that the domino effect it has had will not be good for anyone. Bring on a new Taoiseach named Brian Cowen. Things will start again then.

Do you not think that houses were simply too expensive?

Tom123

Two further price drops in Charlesland

www.daft.ie/1286760
€359k to €345k

www.daft.ie/1235926
€410k to €395k

miju

actually hammie the current malaise was not caused by the government at all. im not a FF fan by any stretch of the imagination. but in fairness to them they tried and tried to say stamp duty will be untouched. it was only an election things that made them change it.

mikedragon32

This thread is rapidly becoming repetitive and having discussed it with Eoin_S we're seriously considering closing the thread.

If contributors to this thread can't make a constructive discussion without petty point scoring, abuse, off-topic remarks or anything else we deem inappropriate, the thread will be closed and the offending posters can take a week off, courtesy of us.

You can't say you haven't been warned.

Eoin

By the way, if people are interested in the wider issue of the housing market etc., there are more appropriate forums here.

Fiachra2

Well just to help kep it on track (because the less confrontational parts of this thread are very interesting)

Am I the only person who sees a positive in a fall in house prices in a place such as Charlesland? Surely a fall, even a substantial one, makes everything more affordable and therefore benefits almost all homeowners as well as first time buyers.

(I'm not an economist so there may be something very flawed in my logic!)

Delganys Finest

ah I'm not too up on it myself Fiachra2 but I think the peoples concern is that their mortgages end up being more than the current value of the house which is bad news for the folk involved who may have bought their houses in or around the peak of the market.That's my understanding of it and I believe it's called negative equity

miju

you are right Fiachra2 falls do benefit everyone. even current homeowners as providing they're not in negative equity terratory any house they trade up to will also have suffered similiar falls

Wineman

miju wrote: »

you are right Fiachra2 falls do benefit everyone. even current homeowners as providing they're not in negative equity terratory any house they trade up to will also have suffered similiar falls

That makes sense but surely the economy and the amounts banks will lend will fall too. When you look at it that way though it all seems relative, except for those in negative equity of course.

DonJose

Tom123 wrote: »

Two further price drops in Charlesland

www.daft.ie/1286760
€359k to €345k

www.daft.ie/1235926
€410k to €395k

Plus this €35k drop from €435k to €400k

http://www.daft.ie/1258733

miju

Wineman wrote: »

That makes sense but surely the economy and the amounts banks will lend will fall too.

they amounts banks are willing to lend has already fallen and is whats more commonly referred to as a credit crunch. this is one of the main reasons why houses aren't selling for the amounts they used to.

it's not (and never was) because of stamp duty or an off "selling season". the banks are simply turning the taps off, (i might be a bit off here but for approx every .25 increase in interest rates from the ECB it knocks approx €30,000 off the max you can borrow from a bank if your a couple earning the "average" €75k between you).

also, you only have to see that rake of Banks & building socities within the last month who have rowed back on their 100% mortgage offerings to see an obvious example.

fishdog

Am I the only person who sees a positive in a fall in house prices in a place such as Charlesland?

No you are not!

I think the peoples concern is that their mortgages end up being more than the current value of the house which is bad news for the folk involved who may have bought their houses in or around the peak of the market.

This does not matter unless you are planning to sell. If you are it is not good, however I dont think that many people that bought at the peak are trying to sell.

Hammiepeters Quote:
Originally Posted by flight93
Hammiepeters statements below do you not agree with?? I would love to know which ones you think are incorrect or over the top or doom and gloom???

1) Our economy although it is doing very well is not doing as well as it was.

2) House prices are still very high, but they have dipped a little (including Charlesland).

3) The employment situation here is great, just not quite as good as it was.

Yes,Yes and Yes

I would have to say yes, yes and yes also. Great to see we agree at last!

it's not (and never was) because of stamp duty

I understand what you are saying, but I think the stamp duty issue before the election was the catalyst for the drop in house prices that we are now experiencing.

you are right Fiachra2 falls do benefit everyone

Not good for investors. Developers that can not sell homes are now being forced to rent them out.

miju

fishdog wrote: »

I understand what you are saying, but I think the stamp duty issue before the election was the catalyst for the drop in house prices that we are now experiencing.

i would strongly disagree and would be of the opinion that stamp duty was an excuse trotted out by "vested interests" in order to try and keep things going and to try to hoodwink the masses.

the reason why I say that is because there are 2 websites that were recording price drops at least 6 months before it even became an "election issue"

Hammiepeters

miju wrote: »

i would strongly disagree and would be of the opinion that stamp duty was an excuse trotted out by "vested interests" in order to try and keep things going and to try to hoodwink the masses.

the reason why I say that is because there are 2 websites that were recording price drops at least 6 months before it even became an "election issue"

Would the fact that you are a moderator on the conspiracy theory board have any bearing on your opininion in this matter?

Delganys Finest

thanks fishdog,I getcha now

miju

guffaw :rolleyes: , by vested interests I mean builders, estate agents , banks etc who without a shadow of a doubt operate in unison. not some stupid government conspiracy (though with the amount they make on stamp duty you could lump them in as another vested interest I suppose )