Softening house market?

Couldn't care less how people choose to interpret it. It's a fairly basic statement. In other words, it's all fur coat now and no knickers.

There seems to be alot of people now that want to blame everyone else for their own shortcomings. There can't always be a shortcut to your goals. Sometimes we have to take the scenic route.

.5% is some joke on savings.

Talk about pot calling the kettle black. You are oblivious to what hard work and saving is.

When I was building my second house I had to sell my car to pay for furniture. Ended up selling mine for 10k and buying another for 600 euro.

Nothing ever came easy for me and I believe that's the biggest problem for people nowadays is they are used to having everything they want when they want it. Throw their toys out of the pram then when they can't have it.

As I said already, there are plenty houses available in cork city for under 250k and that's easily affordable for any couple on an average wage plus a little bit of saving.

I sit beside a guy at work, he bought his house in 2005. About 5 or 6 years ago it was sold to a vulture fund and he has been paying interest only on his mortgage for while now. Yet he drives a 3 year old car on PCP, has the latest iPhone, buys lunch every day at work, buys two coffee at the coffee kiosk even though there is free coffee. Yet he bitches about his car payment or how much heating costs him. He will be in his early 50s.

Personally I think he is fortunate to have bought even though he is paying feck all on his mortgage today. Many would die to be in his shoes and actually pay the mortgage. But our government policy makes it impossible for lenders to repossess the house and he knows, hence doesn't care. Where is the fairness in the system there ?

Its not actually nonsense though is it. Im just back from helping a neighbor across the road hang up his television. While I was there his son (who bought the TV by the way. 65in QLED) and daughter in law, who ive heard moaning hundreds of times about not being able to afford a house and living with the parents to save for a deposit ordered justeat for the pair of them. €64. And both with new cars on PCP too. But no, its not their fault they cant save for a house. That sh!t wouldnt have happened in my parents house I can tell you.

You described very well what is happening with a lot of people, I know many more just like that.

5 years is a blink of an eye. You will see that as you get older.

My generation seems to have spawned an entirely new one uppery, an insta photo on phi phi island. This wasteful lifestyle and bad decisions slap them in the face when it comes time to buy. Countless holidays, weekends away and takeways and coffee. On finishing a graduate program in Galway with 30 others, 80% of them just had to be in the Dublin office, for what I do not know, to spend 600e a month sharing a five bed in Lucan? I spent 6 years in Galway living practically for free in comparison saving hard and managed to buy and sell. I have moved home for the moment saving as much as possible but will be buying soon regardless. I know lads who bought BMWs for 15k in cash and have lived at home all their lives and yet still complain about house prices. A lot of people want it all with no compromise.

I guess alot of the new regs are to prevent guys like him from buying in the first place. I have friends like that and I often envy how care free they are as they bungle through life.

And now you pick up the dishonesty point from my earlier note! Failure to pay simpliciter is not a criminal offence it needs a dishonesty element. At least you’ve now realised it!

No I'm perfectly fine. I'm sorted. Thanks for your concern gramps

I started saving from my first paycheck. I'd save 15k a year on my own no bother. Get the house sorted because once children come along there is no more saving.

Thanks for the exchange of views today lads. No doubt alot of people finding it difficult. I don't come on here to antagonize or upset anyone but I just thought I'd share my own lived experience in the hope that it might help someone.

Few lads a bit touchy alright, you couldn't open your mouth but you would be accused of avocado.

I'll leave ye with one bit of advice which I got years ago and sadly I didn't listen to it.

"Throw down the deposit as soon as you can and be paying away".

I thought I could time the market. Was waiting for the drop, house prices doubled in the meantime. Eventually bought near the top of the market after my girlfriend insisted.