Things I like about the recession

anonymous_joe

Like? Nothing really.

A degree of realism however will be restored to the world's financial markets, no more high risk pie in the sky finances.

And Irish people are being forced to realise that we're part of a very big and scary real world and we're not very influential. Don't like that, but it's forcing us all to be more sensible.

m5ex9oqjawdg2i

I hope I can get a mortgage when this is over...

Rent for our apartment is 1200 a month, yet the bank seem to think that we cannot afford 672 a month for a fully furnished house...

How do they work these things out? I was thinking of doing a QFA in mortgages to:

1) Add to my education making it easier to find a job
2) Understand why they make the decisions they do...

I like how housing is a lot cheaper than it was 18 months ago. It would be nice to see it like this for a while. Not just for the next year or two...

useful_contacts

Amia Helpful Saboteur wrote: »

Rent for our apartment is 1200 a month, yet the bank seem to think that we cannot afford 672 a month for a fully furnished house...

huh?

im spending 540 on my gaff with my fella and ur spending that much?

n u t t e r

well im outside dublin so i guess that counts

jimmycrackcorm

Mothers will finally stop trying to push their kids into safe pensionable public service jobs.

Jamfan

A friend of mine was looking into buying a house about a year and a half ago. He showed up at the appointed time for the viewing and as it happened there were ten - yes, ten - other people/couples there at the same time. The 24year-old 'estate agent' showed up 20 minutes late and noncholantly parked his 3-Series Coupe and indulgantly let the viewers in to roam through the premises, unaided, I should add. He then arrogantly let the viewers bid against each other.

Although I wish unemployment on nobody, I think it is an absolute necessity that people like these carpetbaggers are sacked post haste.

I would imagine that this has already happened to our dapper BMW man, given that houses now only have notional values and you can't give them away. The 320i is probably sitting in the driveway, with an empty tank and bald tyres.

This is truly a pyrrhic victory (given that property prices have collapsed), but it's nice anyway.

Renegade_Archer

Houses might soon be halfway affordable.

watna

What I'd like to happen is that second hand shops become popular in Ireland. In NZ, people buy and sell on a lot of things. They have their own ebay type site and it's always so busy. Most people wouldn't buy new things - not just because they're more expensive or as a reaction to the recession but because it's just the way they do things - NZ being so far from everywhere else meant newer goods were harder to get. Things are just re-used or passed on. All our furniture is second hand and every week or so I pick up a bargain and get something nice for the flat. That goes for clothes too. Lots of people buy second hand clothes (they call them op shops here - it comes from opportunity shops because you'd never know what you would find). The quality of things you get in the shops is great and I've bought some really nice things, in good condition from expensive shops at a tiny costs. I've got quite in to looking for bargains and I've got some lovely things - some of them never worn with tags still on them (I bought a small bag from an op shop yesterday for £3 - about €1. It was from the UK high street shop Wallis and had never been used - still had tags.). There's shops called "recycle boutiques" where you can sell on clothes you don't use any more. When I think of all the clothes I've hardly worn still sitting in my wardrobe in my parents house in Dublin I think how of how much useless stuff in Ireland I have to sell on.

I would never have dreamed of buying second hand clothes in Ireland - which is a pity. I'm sure some readers here might think they'd never do that either but it's great. I can buy good quality second hand things and then buy more expensive long lasting clothes to go with them - instead of buying a lot of disposable items like I did at home.

bobbbb

Im enjoying the way that the younger people who have never experienced a recession all think it will last forever. They are too consumed with who to blame and the delight in others misfortune, that they are not preparing for the end of the recession when they can take advantage of the situation. All this has happened before and it will happen again.

97i9y3941

bobbbb wrote: »

Im enjoying the way that the younger people who have never experienced a recession all think it will last forever. They are too consumed with who to blame and the delight in others misfortune, that they are not preparing for the end of the recession when they can take advantage of the situation. All this has happened before and it will happen again.

yes,god i never seen or heard such bollox talk during the boom with people my own age,came from working class family meself so never had daddy to pay me for stuff or mammy buying me that,so personally it doesnt effect me

RaoulDukeHST

The ability to say 'I told you so, over two years ago!'

The prospect of buying a house in a decent Southside Dublin location for a reasonable price!

niceirishfella

Back on Topic, I like the VALUE that is around - in the shops, online, in everyday life tbh - there is competition coming back which is good to see.

ninkynonk

the only good thing i see is people arent as smug as they where. There was too much "competing with the next door neighbours" but its still sh1t if you lose your job!

Nolanger

bobbbb wrote: »

Im enjoying the way that the younger people who have never experienced a recession all think it will last forever.

It will last forever - the Celtic Tiger is not coming back. We might have a slight upturn in a few years time but nothing like the the last decade.

cbreeze

I like that the couriers all speak english now, and you sometimes see the same ones coming in with deliveries

bobbbb

Nolanger wrote: »

It will last forever - the Celtic Tiger is not coming back. We might have a slight upturn in a few years time but nothing like the the last decade.

Thats just a stupid statement tbh.

Oh great crystal ball gazer how do you know this? Is Ireland is different? Will it not have boom bust cycles like every other country does?

niceirishfella

bobbbb wrote: »

Thats just a stupid statement tbh.

Oh great crystal ball gazer how do you know this? Is Ireland is different? Will it not have boom bust cycles like every other country does?

Well, its not stupid really.
I too agree that we'll never see the high standards and stupidity levels of spending in the boom just gone.
Reason is the big banks will be all state owned (soon)and lending will never be as "easy to get" as in the past....Never.;)

Nolanger

And two years ago you would have been one of the many idiots in denial about the recession.
I know these things because the country is f**ked and it will take at least a decade to recover.
There is no boom-bust cycle - this is the worst recession ever - will last years - the next Celtic Tiger is decades away.

bobbbb

Nolanger wrote: »

And two years ago you would have been one of the many idiots in denial about the recession.
I know these things because the country is f**ked and it will take at least a decade to recover.
There is no boom-bust cycle - this is the worst recession ever - will last years - the next Celtic Tiger is decades away.

Im well aware of boom bust cycles.
You are as bad as the people who said the boom would go on forever. My guess is that you are under 30 and a bit on the ignorant side. Read something about economics will ya and get real.

Here
http://en.wikipedia.org/wiki/List_of_recessions_in_the_United_Kingdom

http://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States

Now go find some books to read.

javaboy

Nolanger wrote: »

And two years ago you would have been one of the many idiots in denial about the recession.

bobbbb wrote: »

My guess is that you are under 30 and a bit on the ignorant side. Read something about economics will ya and get real.

Quit bickering.

MySelf56

• More day time TV with Seoige Sisters...
• Quality time with loved under duvet.
• Visiting Library (god I missed it sooooooooooo much)
• and looking for UFO's

papu

Winning free things is so much better now.

Alessandra

I am placing better value on the money in my pocket and being less frivolous. Have curtailed spending and focus is on getting out of debt and saving.

Luisella

A new May '68 is coming.

Luisella

Senna wrote: »

Watching all these people that bought 3/5/10+ house in 2004-2006, paying whatever amount the sellers wanted, thinking they could sell them in a few years and make millions. They pushed FTB's further out of cities or into shoeboxes. That was greed and stupidity and i have no problem laughing at their misfortune.

That cracked me out These damn renters are nothing else than parasites, if they want property they should pay for it themselves.

happy09

• we are started getting value for money
• customer service is improving (I mean only when you can find a shop assistant.There are so less of them now :rolleyes:)
• less traffic
• more family nights in

<SNIP>

Luisella

James T Kirk wrote: »

A)

2) I am woken from my slumber by birdsong instead of traffic.

q) More time. And that's probably the best one of all.

Wonderful.. why don't we... abolish capitalism?

Alessandra

Everyone is competing to save money rather than spend it. It's a reality check for people.

Echelle

No more houses like this one...
Ger Killally sobbed in court yesterday as he told the judge that he needs €4,000 a week to meet his household expenses, which include €1,500 a month for electricity costs and €42,000 a year for health and life insurance policies for him and his wife Naomi. The outgoings for his nine-bedroom Edenderry home, pitcured, amounted to some €384,000 for the year

James T Kirk

Luisella wrote: »

Wonderful.. why don't we... abolish capitalism?

April 1... Ya comin' along?

S.I.R

i like laughing at the people who laughed at me during the celtic tiger... when i worked my arse off and im still working to this day, trying living it up now on 200 quid a week you Muppets !!! ( sorry, mini rant ) !!


im eating steaks while them fools eat cheap noodles... :rolleyes:


Enjoy the dole queue !!

bangersandmash

useful_contacts wrote: »

huh?

im spending 540 on my gaff with my fella and ur spending that much?

n u t t e r

well im outside dublin so i guess that counts

Supply and demand I suppose. From what I hear the jobs market in Tipperary isn't exactly booming. Still €540 is reasonable assuming you don't mind your weekly commuting hours being in double figures.

A related feature of the boom that I won't miss - the boasts of those who bought vulgar one-off McMansions in poorly-serviced areas so they could get that all-important 6th bathroom. The appeal of a 4000sqft monstrosity is somewhat diminished if there are no jobs available within sane commuting distance.

JimmyCrackCorn!

A good dose of well needed humble pie.

James T Kirk

Good eatin'... Mwaha... With a nice Schadenfreude filling. :cool:

JimmyCrackCorn!

James T Kirk wrote: »

Good eatin'... Mwaha... With a nice Schadenfreude filling. :cool:

Nope not my point.
My point is the misguided hope that we can actually have a country back that cared about your neighbour and helped them out.

Not the massive dose of selfishness and greed that was the cause and ultimate downfall of the celtic kitten.

James T Kirk

I know, and agree totally. I was being facetious...

suitseir

People start becoming frugal (another word for mean!) again! Bargains in the local supermarkets! Those people, who by and large, are not affected by the downturn, become even meaner!

A neighbour of mine, who recently inherited a large sum of money(6 figure sum) and has just turned 70, is gone ape! During a messy separation some years back, she didn't have a cent and always hoped that some day, she would be able to do all the things she couldn't do years ago! When I said she was going ape! she aint spending it! She has gotten MEANER. She now has no intention of changing her 00 micra and both her and her car are a danger on the road! She is running from Bank to Bank(well that's a laugh!) trying to get the best rate possible. Hey, I said, you are 70----get out there and go on a world cruise!!! You see, the lack of money and having money, sometimes has the same effect on the graw mo cree, cute, Irish sikay! Ha! I say, this country is awash with money!!!! Ha! definintely, things I like about the recession!!!:P

James T Kirk

Not as many Mondeo-drivin', blue shirt, bluetooth, red tie-wearin', slick-haired, rictus-smilin' wannabe bad-bastards knockin' around.
Whatever happened to the Mondeo-drivin', blue shirt, bluetooth, red tie-wearin', slick-haired, rictus-smilin' wannabe bad-bastard?
Maybe Alan Sugar has 'em all for our television entertainment. :cool: SNARK -OFF

nogoodnamesleft

Nolanger wrote: »

The biggest, thickest c*nt in your class at school who earned loads working on building sites is now on the dole and will probably never work again.

+1

Know one lad from my construction class in secondary that could hardly join his hands never mind trying to make a decent tenon. Met him a few years ago in the pub he proudly announced he was a carpenter.:eek:

althompsone

(Things I like about the recession):

The depletion of credibility of people who might say things like "renting is dead money", while failing to realise that in many circumstances the postponement of buying a house would leave young parents with less debt worries and allow them to spend more time with their kid(s) in their earliest years.

And no, Luisella, I'm not a Communist.

I'm not a parent yet either, and remain open to correction/qualification, though I'm very confident of, and indeed quite passionate about, the credibility of my above point.

And yes, of course renting is, in its own right, dead money, and a less sensible option for certain people in certain circumstances.

Sigh...

masonman

bobbbb wrote: »

Now that was a real recession. Ask your parents. This one is nothing.

Try telling the bailiff that.

Good time to be him, methinks.

HalloweenJack

3 for 2 in Dubray books.

midlandsmissus

Totally loving seeing all the t*ats with their four cars, especially tradesmen who overcharged everyone, now eating humble pie.

They had it coming.

James T Kirk

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