Prime Time looking for opinions on the property market


You’ve got to love message boards for the wide variety of opinions…

There are some excellent suggestions on here, which I very much appreciate.

I probably should have made it clearer in my initial post - this will be a show about the economy as a whole. Clearly, the property situation will have a major role in this but we are also looking at other issues such as the decline of the manufacturing sector, international conditions etc.

So…still looking for volunteers to talk about their own personal situation and their view of the bigger picture - including all of the issues mentioned in this thread.

Thanks for your time and feel free to contact me at the numbers or email listed above.


Ken O’Shea
Prime Time


I don’t know if this has been suggested, but it might be worth hanging out on the platform of a train station in one of the commuter towns an hour or so from Dublin, and asking if anyone would like to go on camera and talk about their situation.

Better still, grab a camera and ride the trains, and talk to some of the people who can’t get a seat.

On the wider economy, employment etc, the biggest story there is the number of pepple who were working directly or indirectly in construction. Nearly one third of the people in the country who worked, worked in construction, and very few “leading” economists were
flagging this as the potential timebomb that it was.


How about heading out to Gdansk to ask why so many former Ireland residents have returned?

Then you can ask Tom Parlon how negative immigration will effect property market.

cough, splutter MESSAGE BOARD!

It’s a* forum *don’t you know…

Get Austin or Dan on to explain that minor 73% discrepancy between fundamental and actual values in the housing market please. How much did incomes increase by between 1996 and 2006? Was it 400%? Methinks not.

Or get them to explain why the IMF recently reported that we have the most overvalued residential property market in the world.

Is this situation sustainable?
Is it desirable?

If the answer to those questions is no, then why does the whole country seem hell bent on prolonging it and perpetuating it a la Donie Cassidy.
If wages are not going to grow by 20-30% over the next 12-18 months → where exactly is all his recently predicted House Price Inflation coming from?
Even more growth in private sector credit?

Seriously, get him on and ask him. I really, really want to know how this whole thing works.

My explanation would be it’s all a gigantic almighty credit bubble of biblical proportions, but that’s just me…

Donie has painted a giant target on his arse.

You might be right, I’m 99% sure I saw that figure quoted here on the Pin, so I’m searching now for where I saw it. If I turn out to be wrong, thanks for calling me on it.


Looks like it’s 19% of workers which is lower than I thought.
About 24% of GNP. … 1255.shtml


It is still a fifth of the workforce, a level not sustainable in the long run.

What was that get out clause that Bertie tried to use? - anything said
in the Dail cannot be cross examined in public because it could cause
a temporal rift. Or something like that…

It’s also twice the international average, and twice what Ireland used to be. 10% if the workforce is sane. … r/over.htm


And he talks through his arse when he said

“I will remind the House, perhaps in 12 or 18 months, when prices have again increased by 25% or 30%, that they were told this by the Leader of the House on this historic day, the tenth anniversary of the Good Friday Agreement.” - did you ever hear such fecken shite in all your life?

Erm, that’s what Bugler was referring to…

Donie is a sound man, one of the backers of Celtic Note and of course, Foster & Allen, so you know he’s been trading in the shite for years… :blush:

I am just concurring with what he said - pure bolix from Donie - couldn’t believe he said that - a touch of Verbal Diarrhoea from his throne in the senate

He has specialised in pure bollox for a long time, not purely when he’s horsetrading poor Irish tourist trad…

Brilliant - I love it :smiley: :laughing:

I was thinking The Dead Parrot sketch should be used.

A customer enters a Bank.

Customer: 'Ello, I wish to register a complaint.

(The owner does not respond.)

C: 'Ello, Miss?

Owner: What do you mean “miss”?

C: I’m sorry, I have a cold. I wish to make a complaint!

O: We’re closin’ for lunch.

C: Never mind that, my lad. I wish to complain about this property market what I bought into not half an hour ago in this very bank.

O: Oh yes, the, uh, the Celtic Tiger…What’s,uh…What’s wrong with it?

C: I’ll tell you what’s wrong with it, my lad. 'E’s dead, that’s what’s wrong with it!

O: No, no, 'e’s uh,…he’s resting.

C: Look, matey, I know a dead housing market when I see one, and I’m looking at one right now.

O: No no it’s not dead, it’s, it’s restin’! Remarkable creature, the Celtic Tiger, idn’it, ay? Beautiful plumage!

C: The plumage don’t enter into it. It’s stone dead.

O: Nononono, no, no! resting!

C: Um…now look…now look, mate, I’ve definitely 'ad enough of this. That housing market is definitely deceased, and when I bought into it not ‘alf an hour ago, you assured me that its total lack of movement was due to it bein’ tired and shagged out following a prolonged boom.

O: Well, he’s…he’s, ah…probably pining for the fjords.

C: PININ’ for the FJORDS?!?!?!? What kind of talk is that?, look, why did the housing market fall flat on it’s back the moment I got a home?

O: The Celtic Tiger prefers kippin’ on it’s back! Remarkable beast, id’nit, squire? Lovely plumage!

C: 'E’s passed on! This Tiger is no more! He has ceased to be! 'E’s expired and gone to meet 'is maker!

'E’s a stiff! Bereft of life, 'e rests in peace! If you hadn’t propped him up with cheap credit for so long 'e’d be pushing up the daisies!
'Is metabolic processes are now 'istory! 'E’s off the twig!
'E’s kicked the bucket, 'e’s shuffled off ‘is mortal coil, run down the curtain and joined the bleedin’ choir invisibile!!



O: Well, I’d better replace it, then.

(he takes a quick peek behind the counter)

O: Sorry squire, I’ve had a look 'round the back of the shop, and uh, we’re right out of housing booms.

C: I see. I see, I get the picture.

O: I got a Deposit Account.


C: (sweet as sugar) Pray, does grow at 16% per annum?

O: Nnnnot really.


Brilliant Daltonr. Got a good laugh from that. Wish rte could get Palin & Cleese to act it out.