Jan 17th Bubble News Update
RTE: Dublin commuters may risk negative equity ...the 'doomsayers' have been trying to warn you
Indo: First-time buyers clubbing together to buy a home ...not exactly news, but very dangerous (see RTE above and wake up!)
Indo: Up to 100 houses at half price in classy suburb ...affordable scheme. Affordable being the keyword her. Makes ya think, affordable is half price - can prices fall my up tp 50% when the dust settles?
Indo 15th: Building is rising as house prices are falling ....as I thought, which builder is gonna stop first? They'll keep building, that's what they do and if prices fall by 33% they will still make tidy profits
posted by JaneyMackers @ 8:39 pm
2 comments
2 Comments:
I think the prices on the commuter belts are going to plummet as Prices in Dublin get cheaper. People will be able to move back in if they want and we will get a huge oversupply of starter homes in Kildare, Wicklow and Meath.
well done great to see pages like this..I do hope prices keep going down to give ordinary hard working people a chance to live where they want and not have to spend 1 to 2 hours drive to work..
Ive just moved back to ireland after 8 years working in Europe.I welcome this price drop even though i own a property here.
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