thepropertypin.com

Is the bailout on the way?

PROFESSORI — Sat Jul 05, 2008 6:40 pm

Author: PROFESSORI

Posted: Sat Jul 05, 2008 6:40 pm

The Unwelcome Guest wrote:

grumpy wrote:

Last week professori wrote:

Quote:

We haven't got 1 yet, and as mentioned previously, the ECB is NOT going to raise interest rates, no matter what happens to inflation-real rates or the fictitious rates.In fact I can see rates going ever lower as the economy deteriorates further towards 2-3%.

This week following interest rate rise

Quote:

But my predictions and statements keep getting proved right

We weren't meant to bring that up...

There is nothing quite like quoting people out of context to prove point is there?If this is the level people have to stoop to discredit people with a contrary opinion to their own,all I can say is they must be very insecure in their own beliefs.

Here is what I ACTUALLY said on 29th June:

Numerous pinsters have predicted armaggedon in the Irish property market but it simply won't happen. To quote the DR Pepper ad what's the worst that could happen?Well I see it something like this, the ECB, like the FED and Bank of England always talks tough on fighting inflation while keeping interest rates NEGATIVE i.e below the rate of inflation, in simple terms they still have the foot on the gas pedal while saying they are targeting inflation,but if the rates of inflation in the UK and the Eurozone are above the target this would mean they should have interest rates above the rate of inflation in other words putting their foot on the brake. Since central banks are run by bankers for bankers they don't care one jot about infation wiping out the savings of a generation or people on low or fixed incomes struggling to pay food and utility bills, all they care about is the survival and profiability of the banks. So after the token 0.25% increase next month(if it even happens at all) the ECB will like the Bank of England start cutting rates quite aggressively as the economic situation deteriorates.See what happened to gold and commoditiies last week when they sussed Bernanke wasn't going to put up interest rates.

It appears the pin is somewhat of a clique,populatled by those who do not appreciate those of a contrary opinion posting on their website and much prefer the cosy back slapping atmosphere of like minded individuals who only ever agree with each other and praise each other for being both witty and correct in equal measure.

The Cappuccino Index

2Pack — Sat Jul 05, 2008 6:37 pm

Author: 2Pack

Posted: Sat Jul 05, 2008 6:37 pm

Septic Crank wrote:

. It's maxwell house and marietta biscuits.

Lads , Aldi do cheap own brand coffee and chocolate digestifs which are both cheaper than ...powdered ( to be pedantic) Maxwell house and mariettas .

Mariettas are a well known cure for morning sickness did you know, therefore a medicine and consequently expensive .

Daftwatch Rentals to hit 13000 by Tuesday 3rd June ?

gurramok — Sat Jul 05, 2008 6:23 pm

Author: gurramok

Posted: Sat Jul 05, 2008 6:23 pm

igy wrote:

Is anyone factoring in the house-share part of daft for this?
I.e a 4 bed house where someone is trying to rent a single room out, that's not counted by daft as a house to rent, is it?

I doubt thats happening.

For Lettings in Dublin for example. I trawled through the first pages of ads from a non-specific search and house shares were rare.

Also just put in the usual max rent for a single room. I put in an expensive 700 max(a max price for a house share) and it came back with 104 results out of 5673 units available and even some of these results were not house shares so its under 1.8% error!

And guess what, Daftwatch has Dub rentals at over 5500 and this is the same as my search results of 5673!!

While searching non-specifically, i did get a shock at the amount available in D15. 447 results came back to let and hardly any was a house share.
24 1beds, 180 2beds, 146 3beds, 73 4beds, 23 5beds units available to let.

Under Sharings itself , 374 rooms were available.

So at least 1279+ rooms are available to rent right now in D15, that is some supply.

102 Beechdale Court,Firhouse,Dublin 24 (-80K)-7th Price drop

Longtermrenter — Sat Jul 05, 2008 6:09 pm

Author: Longtermrenter

Posted: Sat Jul 05, 2008 6:09 pm

Places like this should be sub 200k and will be circa 2010-12

Cheap is the new Chic

sonofstan — Sat Jul 05, 2008 5:58 pm

Author: sonofstan

Posted: Sat Jul 05, 2008 5:58 pm

the edge wrote:

Green Bear wrote:

Tesco in Prussia Street have gone really downhill over the years, I can get less and less of what I need there.

That article is from seven years ago. Hardly fair to bring it up now.

Maybe he means he needs live mice and he can't get them there anymore

Sunday Trib. - 16.12 - invest in prop. in 2008 or not ?

oilman — Sat Jul 05, 2008 5:54 pm

Author: oilman

Posted: Sat Jul 05, 2008 5:54 pm

anyone got any blonde jokes ?

The Quality of the Housing Stock

a house is not a home — Sat Jul 05, 2008 5:51 pm

Author: a house is not a home

Posted: Sat Jul 05, 2008 5:51 pm

Can anyone point me to any research that has been done re the actual QUALITY of the housing stock in this country ? Both new and second-hand, I mean.

I mean from the point of view of insulation, materials, sustainability etc.

Surely these things will increasingly have a bearing on the market price being paid ?

Thanks.

ICTU Want To Have A "Word" With Trichet

johnny_utah — Sat Jul 05, 2008 5:50 pm

Author: johnny_utah

Posted: Sat Jul 05, 2008 5:50 pm

Any goodwill we had in Europe has surely evaporated post Lisbon....

Most tiny 'studio' ever?

CelloPoint — Sat Jul 05, 2008 5:47 pm

Author: CelloPoint

Posted: Sat Jul 05, 2008 5:47 pm

Modern day Juno and the Paycock

Indo - 250,000 facing the dole by Christmas

NovoOrdoSeclorum — Sat Jul 05, 2008 5:40 pm

Author: NovoOrdoSeclorum

Posted: Sat Jul 05, 2008 5:40 pm

Quote:

Longtermrenter wrote:

I reckon the great Australian migration will commence shortly.

Already , not forgetting Germany and Holland either and even Scotland .

Anedoctally, i had a Polish guy sitting beside me on a Ryanair flight going to Eindhoven (Holland). He was leaving Ireland to join his friends in Rotterdam to work at the port.

Liam Carroll loses 20million in Firesale of Air Lingus share

CelloPoint — Sat Jul 05, 2008 4:48 pm

Author: CelloPoint

Posted: Sat Jul 05, 2008 4:48 pm

Lol -- 10 mins to Temple bar...

Just hope you don't get mugged going by the flats

What washed up when the tide went out in the 80's

Green Bear — Sat Jul 05, 2008 4:39 pm

Author: Green Bear

Posted: Sat Jul 05, 2008 4:39 pm

Thing Fish wrote:

is that the same Patrick Gallagher who was friends with CJ Haughey?

yes

10 Abbeywell Kinsealy (Malahide) (-80K, -14%)

gurramok — Sat Jul 05, 2008 4:13 pm

Author: gurramok

Posted: Sat Jul 05, 2008 4:13 pm

Thats mad about the merc car included. Wonder if a developer type is trying to flog the gaff.