Property Market 2018

johnp001 · 03-04-2018 12:44pm

Also if the house belongs to a family with children then tripling of house prices without corresponding dramatic increases in wage rates means that housing is going to be significantly less affordable for these children when they want to move out and set up their own home and family.

draiochtanois · 03-04-2018 5:40pm

This post has been deleted.

Samuel T. Cogley · 03-04-2018 5:42pm

A friend of ours just bought a lovely 2 bed apartment in Amsterdam. 600K bargain.

Cyrus · 03-04-2018 5:42pm

an amsterdam is cheaper than dublin?

i dont think so

https://www.ft.com/content/79dca9b4-c3b7-11e7-b30e-a7c1c7c13aab

draiochtanois · 03-04-2018 5:46pm

This post has been deleted.

draiochtanois · 03-04-2018 5:48pm

This post has been deleted.

draiochtanois · 03-04-2018 5:49pm

This post has been deleted.

Samuel T. Cogley · 03-04-2018 5:49pm

No it's not! You can buy a two bed apartment in D8 for 300K and walk in under half an hour. Norway is the highest quality of life IIRC, whats a gaffe in Oslo gonna set me back?

Cyrus · 03-04-2018 5:52pm

sorry disagree, dublin isnt as expensive as everyone wants to think it is.

what do you mean by quality?

sure there was some rubbish put up in the mid 2000s but thats not indicative of the entire housing stock!

CalRobert · 03-04-2018 11:14pm

I could buy a 2 bed in Amsterdam and not die while cycling to work too.

Samuel T. Cogley · 03-04-2018 11:17pm

People are on dutch bikes pootling along, not MAMILs whizzing along like eejits. If we could stamp out the latter in Ireland we could do what they do in Amsterdam and essentially share the pavement albeit with a divide.

Alternatively you could buy a 3 bed house and use the nice cycle track along the coast.

draiochtanois · 04-04-2018 9:36am

This post has been deleted.

OwlsZat · 04-04-2018 9:44am

I think people will start to emigrate for better housing, commuting, quality of life rather than the historical reasons of finding a job or better pay.

That's certainly the conclusion I'm coming too.[/quote]

Can't help but agree. I think the grey voters have had it all to easy, while new labour entrants are saddled with the debt of their mistakes. I will also be immigrating rather than carry the financial noose of my predecessors. Sunshine and financial freedom await.

Cyrus · 04-04-2018 9:44am

and so are parts of amsterdam,

the point is using amsterdam as an example of somewhere people will leave ireland to go and find the utopia of cheap housing close to work is a bad one.

Samuel T. Cogley · 04-04-2018 10:11am

I've had more issues in D4 than D8

Bob24 · 04-04-2018 10:26am

I have no interest in getting into a postcode war, but while individual experiences can of course differ and each postcode has both good and bad areas; it is obvious that things like general safety level and cleanness of public space are on average quite a bit better in D4 than in D8. And all this reflects in property prices.

draiochtanois · 04-04-2018 10:35am

This post has been deleted.

Cyrus · 04-04-2018 11:10am

i disagree that irish people will be moving in any significant numbers (incremental to those that already do because they work for a dutch, german or spanish multi national) to any of those cities.

House prices arent any cheaper in desirable locations especially compared to the wages on offer.

If Madrid is so amazing why are there so many spanish people in their 20s over here?

draiochtanois · 04-04-2018 11:14am

This post has been deleted.

Cyrus · 04-04-2018 11:24am

You are flogging a dead horse, we aren't particularly multi lingual here either, and the 3 spanish people working for me at the moment are all university educated qualified or part qualified accountants that were fluent in english when they landed.

Bob24 · 04-04-2018 12:03pm

And now we are getting interest only buy-to-let mortgages: https://www.rte.ie/news/business/2018/0404/952015-concerns-over-new-interest-only-buy-to-let-mortgages/

How could anyone in the government/CBI think it is a good idea to allow this???

Arthur Daley · 04-04-2018 12:22pm

Business as Usual

gargargar · 04-04-2018 12:58pm

Spain has an awful problem with youth unemployment. Hence the migration abroad.

FullOf..IT · 04-04-2018 1:22pm

About to jump and Im being drawn towards locking in 10 year fixed with KBC @ 2.99%.

I would have to move to them from PTSB to secure a 0.2% rate decrease but looking at their fees I should still be better off.

Whats forums thoughts?

Samuel T. Cogley · 04-04-2018 1:26pm

KBC rate is about to be no more, so whatever is available.

Cyrus · 04-04-2018 1:27pm

other option is 2.6% or 2.5% (depending on mortgage size) with UB and legal fees are covered.

Assetbacked · 09-04-2018 2:15pm

I have decided to spend the next six months learning German with the hope of moving over to one of the major cities there in the next twelve months. Educated here and qualified but willing to (initially at least) sacrifice my career in order to experience the better lifestyle (energy and financial cost versus reward) on offer in Germany.

Initial financial projections would indicate that I would be almost equivalent financially by taking a job with an average salary in Germany (currently on an above average salary in Ireland). Therefore, it makes more sense for me to have the benefits of the German lifestyle.

CalRobert · 09-04-2018 2:19pm

Good luck!

It's pretty sad when a country's people have to emigrate in bad times AND good times. FG might as well mean 0 ****s Given.

Cyrus · 09-04-2018 2:52pm

whats the better lifestyle in germany and what industry is this in? Genuinely curious

draiochtanois · 09-04-2018 2:53pm

This post has been deleted.

Property Market 2018

Comments