These were the the words of Mr Mcwilliams today on today fm. Fall was based on a 3 bed semi. Cant find any evidence on Daft or irish property watch to show any such decreases in Athlumney, or for that matter anywere else along the Dublin comuter belt. Im sure that these falls will come, but when?
Heard it as well and posted in the bubble radio thread. He said he was looking at an ad that was being published in the next couple of days in which houses at Athlumney, Navan, were being offered for sale at half their launch price is what I gathered. He mentioned about 3 bed semis having fallen from 300 to 150k in Navan,
There is still some lingering sense that property always has a value. Think of the gold prospecting ghost towns. At some point they were vibrant. When the gold ran out, people could no longer make a living and left.
Not sure. He did say 3 bed. Doesnt really matter because i aint gonna buy in navan. Just thought it was interesting to hear that there was 50%+ drops in an area i would consider pretty good in terms of amenities.