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Human Rights in Ireland
Indymedia Ireland is a volunteer-run non-commercial open publishing website for local and international news, opinion & analysis, press releases and events. Its main objective is to enable the public to participate in reporting and analysis of the news and other important events and aspects of our daily lives and thereby give a voice to people.

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Lockdown Skeptics

The Daily Sceptic

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Voltaire Network
Voltaire, international edition

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Was that a "pop"? -The Irish Property Market

category national | housing | other press author Thursday November 09, 2006 12:09author by The Unwelcome Guest - thepropertypin Report this post to the editors

Irish Property Market Rides Slope Of Hope

"If you accept that the bubble has popped, which most casual observers would, then we will have a period of rising inventories, falling sales and static price growth. There is nothing supporting current valuations, no supply deficit, potential investment returns, prospects of cheaper financing or outside macro economic developments.

We are on the slope of hope." - Duplex @ thepropertypin

Perennial warnings about the Irish property bubble / boom / crisis, have long made people sceptical about the entire issue. But the warning signs have been coming thick and fast over the previous months and the Q3 results from Daft are in, 5% approximate drops in the south and north Dublin county and more drops in the city itself. With lending institutions being told to reign in credit by the Central Bank, another interest hike from the ECB on the way, will there be a flood of investors seeking to realise value before the soft landing turns into a crash?

Wend your way to thepropertypin to discuss further!!!

thepropertypin - Making a point at the top of the Irish Property Bubble!!!

thepropertypin collecting contributions from Ireland's blogging community on the property bubble, price drops and analysis, continuing the debate that was exiled from askaboutmoney on "current public sentiment towards the housing market"...

Related Link: http://www.thepropertypin.com

 #   Title   Author   Date 
   Recommendations...     The Unwelcome Guest    Thu Nov 09, 2006 12:24 


 
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