RTE continues it’s coverage of the property crash with our auld friend Liz joined by property developer Sarah Beeny
Irish Property Special
With the property market in a state of flux at the moment, the RTÉ Guide has enlisted the help of six experts - Sarah Beeny, George Lee, Liz O’Kane, John McGuire, Duncan Stewart and Jim Smyth - to give their advice on coping in these difficult times
A lot of what Sarah Beeney says is actually quite rational and she always points out that making money from capital appreciation is not to be relied on. Also according to her btl investors should be looking for yields of 10%.
Both McGuire and O’Kane used their pieces to promote their companies, the main thrust of O’Kane’s article is that it’s a good time to buy, but there’s so much choice you’ll need lots of time, which is where her company come in.
A choice quote from Liz:
“Right now just about every property on the market nationally has had its price revised by up to 30%”
Dude you’re going to be getting a rap on the knuckles from the mods for that, in fairness it’s a bit vulgar. Getting tips on negoatiating today’s property market from herself who can’t even sell her own house (or know where to hang a mirror) is a joke. She has lured plenty of innocents into buying showboxes so if she gets stung on her own house it would be glee free karma as far as i’m concerned.