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 Post subject: Re: Bubble Radio / TV: Give advance notice here!!!
PostPosted: Mon Dec 10, 2018 7:18 pm 
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IMF'd

Joined: Sep 13, 2007
Posts: 31893
Location: Tullamore
Skippy 3 wrote:
I wish you well with your scheme that involves riskless gains on pieces of empty land in Ireland :D :D :D

:D
Hey, I think it'll end in disaster too, but that's how I see the participants behaving. I have even heard that mezzanine debt style development schemes (shareholders in development schemes with senior and junior debt ahead of you) are creeping back. You'd be mad not to apparently... XD

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"It is impossible to design a system so perfect that no one needs to be good."

So long and thanks for all the fish.


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 Post subject: Re: Bubble Radio / TV: Give advance notice here!!!
PostPosted: Tue Dec 11, 2018 12:22 pm 
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Of Systemic Importance

Joined: Nov 4, 2011
Posts: 6049
Location: SthDub
Mortgage affordability barrier being discussed now on Radio 1 with Cliff Taylor and Karl Deeter...should the CB rules on mortgage limits be changed


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 Post subject: Re: Bubble Radio / TV: Give advance notice here!!!
PostPosted: Tue Dec 11, 2018 12:28 pm 
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Nationalised

Joined: Sep 29, 2010
Posts: 8788
Location: London, innit
FreeFallin wrote:
Mortgage affordability barrier being discussed now on Radio 1 with Cliff Taylor and Karl Deeter...should the CB rules on mortgage limits be changed

let me guess Karl thinks they should be and Cliff doesn't?


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 Post subject: Re: Bubble Radio / TV: Give advance notice here!!!
PostPosted: Tue Dec 11, 2018 12:56 pm 
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Of Systemic Importance

Joined: Nov 4, 2011
Posts: 6049
Location: SthDub
slasher wrote:
FreeFallin wrote:
Mortgage affordability barrier being discussed now on Radio 1 with Cliff Taylor and Karl Deeter...should the CB rules on mortgage limits be changed

let me guess Karl thinks they should be and Cliff doesn't?

Yes though Deeter said the CB is there to protect the financial system and not house prices. He reckoned younger folk will go on to get many wage increases as they age so 4 times your salary now is much lower that ratio in 10 or 20 years time


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 Post subject: Re: Bubble Radio / TV: Give advance notice here!!!
PostPosted: Tue Dec 11, 2018 1:12 pm 
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Nationalised

Joined: Sep 29, 2010
Posts: 8788
Location: London, innit
FreeFallin wrote:
slasher wrote:
FreeFallin wrote:
Mortgage affordability barrier being discussed now on Radio 1 with Cliff Taylor and Karl Deeter...should the CB rules on mortgage limits be changed

let me guess Karl thinks they should be and Cliff doesn't?

Yes though Deeter said the CB is there to protect the financial system and not house prices. He reckoned younger folk will go on to get many wage increases as they age so 4 times your salary now is much lower that ratio in 10 or 20 years time

so didn't even pretend it would help supply, just wants to transfer even more future wealth to older generation


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 Post subject: Re: Bubble Radio / TV: Give advance notice here!!!
PostPosted: Thu Dec 13, 2018 4:01 pm 
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Real Estate Developer

Joined: Aug 19, 2011
Posts: 974
Sesame Street: Meet Lily, the first homeless muppet
https://www.bbc.com/news/entertainment-arts-46551197

Normalization. Not good.


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 Post subject: Re: Bubble Radio / TV: Give advance notice here!!!
PostPosted: Thu Dec 13, 2018 4:28 pm 
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Of Systemic Importance

Joined: Nov 4, 2011
Posts: 6049
Location: SthDub
Michael O'Flynn was on Newstalk Breakfast this AM looking for the CB to raise it's mortgage limits to 4.5 times salary


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 Post subject: Re: Bubble Radio / TV: Give advance notice here!!!
PostPosted: Fri Dec 14, 2018 11:33 am 
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Of Systemic Importance

Joined: Nov 4, 2011
Posts: 6049
Location: SthDub
Newstalk Pat Kenny show now discussing the housing crisis, constitutional right to housing. Karl Deeter and Richard Boyd Barrett also.


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 Post subject: Re: Bubble Radio / TV: Give advance notice here!!!
PostPosted: Fri Dec 14, 2018 11:34 am 
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Too Big to Fail

Joined: Aug 8, 2008
Posts: 3637
Location: Cathair na dTreabh
Karl Deeter v Richard Boyd Barrett on PatKenny
property tax, social housing, nimbyism - Pat mentions his own objection in Dalkey

edit: looks like we're both tuned :o
Ah that was an entertaining argy bargy


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