I have been a member since Feb 07. I was "lurking" on the site since it went live. I was expecting a crash for years, as I had lived through one before.
I have read a lot of comments about members of the Pin been bitter dysfunctional 30 year olds still at home with Mammy or loser renters in shoe boxes.
I would disagree with this. The Pin has produced some of the best economic and Information analysis I have seen. I do not conform to this stereotype, and off the record, will happily disabuse any Journos of this opinion.
So here is my introduction:
Name: Onlyone, which means that I only ever owned one residential property at a time, and my Son, now, 11, was a massive fan of Star Wars when I registered. Saw all the movies about 10 times. I don’t wish to list my real name as the media read this site all the time.
Sex: Male, married, two Kids, age 44
House Buying Status: Long one, but read my posts. I took a kicking in UK in 1989, sold in 1997 for same nominal money, so lost big time, and lost the cost of all the improvements as well. Bought in Dublin in 1994 for IR67k, and sold Dublin in April 06 for >€1.5m. Mad. I did not buy back. I am renting at the moment, due to personal circumstances. My old Neighbours laugh when they see me, and expect me to buy the drinks. Did a few other commercial deals as well.
Current business/occupation: I have started 5 business in Ireland since 1996, and sold 4 of them. Most are still running, which is great. My current business specialises in high end travel and leisure, and after a bad 08 is now rocking. Thanks to the Pin for the advice given at my worst moment, which has helped me survive. I remain solvent, with significant assets, even at current value, at the moment. 2008 was awful.Business is really picking up in 09. Looking at 75% growth.
View on Irish Property: It is of course a one way bet, downwards! It will take 10 years given the lack of real market information in Ireland, which in turn creates uncertainty. I think Moran Kelly is right – 2nd time round, and 80% drops in real terms will be the outcome.
View on the Public Sector: I am an ex public sector employee, loved working there, no stress, benefits and hours unequalled. It’s however woefully mismanaged, and at the lower levels, and at higher levels, woefully overpaid. The Vanguard of the public sector; the nurses and teachers maintain this status quo, and to be honest we have no hope of changing it. The people get the government they elect, and we continue to elect the same people. Eg Sean Haughy – what a waste of public money.
View on Ireland: I love my country, but the mismanagement of it, the bungalow blight, the incompetent planning, and the embarrassment I suffer when I arrive at Dublin Airport, with its filth, delays, and overcrowding, is starting to make me doubt . I also wonder if we are still a democracy when a small unelected elite (called the social partners, IBEC,SIPTU,ICTU,CORI) can sit and dictate to the elected Government, and the people, what the, the government, will and will not do.
Would I emigrate: Already have, but I still have to manage the business in Ireland, and until I earn it out, I must commute.