Name: Mr Magpie
Employment status: Private Sector - Medical Devices/Software
House buying status: Despite constant cajoling by parents did not buy, did the maths one day and it did not make sense, understood little about property/property prices buy knew it did not add up
**AAM status: **Occasional lurker for advice on saving a shilling or two
View on the public sector: Have a lot of friends that are teachers, they do not endear themselves with some of the ‘complaints’ they make.
I imported a few cars, remember going into the customs house in Galway to pay the vrt, sitting in that office would make your blood boil!!!
Where would I buy property: Galway
**Interests:**Mountain Biking, reading (fiction, history, science), rugby
View on an Irish property crash: To use a blackjack analogy, the VI’s were doubling down and winning - they had four hands all on 20, but the house got BlackJack. now they try and recoup lost gambling money, playing the same game, it never ends well, walk away.
Timeline for crash: How long is a piece of string?
Every month we save the price of a mortgage repayment, every month houses fall by about a mortgage repayment, that knocks about another month of the time required to repay the interest on the mortgage. So ones saving are 3xSavings, add that to the dearth of mortgages being issued it is easy to see why the only buyers are cash buyers.
**View on Ireland: ** As long as we elect people to make decisions for us we will never progress from parish pump gombeen politics. Every few years politicians come and tell us how wonderful life will be under their benovelant rule, once in power they shaft us and line their pockets. We no longer live in a democracy, yeah we have elections but for what? Lies and broken promises, same shite different party!! FG tell us that the election was democracy in action by kicking out FF, yeah I’m sure the ousted FF politicians on 3 pensions are absolutely heart broken. When you see people like Ivor Callely and others so obviously abusing the system you know the game is rigged and nothing will change without fundamental change at every level of elected office.
All major decisions should be put to the people. Asking them to vote for option A,B C,…, the technology to make this happen exists. Democracies should have a large element of Direct Democracy so the government will be held in check throughout their tenure, and not just for the period up to the election.
People are very cynical now, and won’t be fooled quite so easily, they don’t believe what they are told by banks, politicians, etc… I remember my grandfather would not trust banks, Doctors, Priests, Guards… At the time I could not understand it, I thought he was old fashioned and crazy, but not i see why. You trust someone/thing, you get burned, the trust never comes back.