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 Post subject: Dublin will not be spared!!!!!!
PostPosted: Fri May 18, 2007 12:20 pm 
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Last edited by Blindjustice BATONEFFECT on Mon May 21, 2007 4:14 pm, edited 1 time in total.

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PostPosted: Fri May 18, 2007 1:37 pm 
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I really think that Dublin(inside M50) will in no way be immune to this. Commutersville is going to get slaughtered. It wont be the worst hit though. lovely lovely Galway and the west midlands will be hit.


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PostPosted: Mon May 21, 2007 4:14 pm 
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He said that the number of vacant houses and flats in Dublin, Cork, Limerick and Galway was running at between 11.5 and 13 per cent of total housing stock and this number was ‘‘too large to be accounted for by casual vacancies in the letting market’’.


http://www.finfacts.com/irelandbusiness ... 0132.shtml


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PostPosted: Mon May 21, 2007 4:25 pm 
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We have already seen that Dublin has been heavily affected. And interestingly, it includes the more expensive areas - the established leafy southside suburbs of D4, D6 have already been hit (-10% or more), along with Clontarf, Howth and Malahide on the northside.

It certainly pisses on the "it-won't-fall-in-my-area-because..." brigade. If it can fall there, nowhere is immune.


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PostPosted: Mon May 21, 2007 5:33 pm 
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Again the general public are mistaking price and value. Sure a house may "hold its value", but that doesn't mean the price being asked isn't a lot more than the value ;)


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