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 Post subject: Housing Agency warns: don't buy a house for two years in Dub
PostPosted: Mon Sep 29, 2014 10:38 am 
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Housing Agency warns: don't buy a house for two years ... warned house hunters not to ''make fools of themselves by paying too much for a house in the capital.

Did anyone see this article. I think it was in Sunday Business Post yesterday.


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 Post subject: Re: Housing Agency warns: don't buy a house for two years in
PostPosted: Mon Sep 29, 2014 11:15 am 
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Well it's on the SBPost website but one needs a subscription.

Quote:
Housing Agency warns: don't buy a house for two years

28 September 2014 by Michael Brennan

A government-backed housing agency has warned house hunters not to ''make fools of themselves by paying too much for a house in the capital.


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 Post subject: Re: Housing Agency warns: don't buy a house for two years in
PostPosted: Mon Sep 29, 2014 11:22 am 
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Could be these guys.

https://twitter.com/HousingAgencyIE


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 Post subject: Re: Housing Agency warns: don't buy a house for two years in
PostPosted: Mon Sep 29, 2014 11:48 am 
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bubbles2014 wrote:
Housing Agency warns: don't buy a house for two years ... warned house hunters not to ''make fools of themselves by paying too much for a house in the capital.

Did anyone see this article. I think it was in Sunday Business Post yesterday.

Time to sell up ;) in case the government agency scares away all the fools who are currently buying property.

Sure the supply problems will be sorted within 2 years :lol:


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 Post subject: Re: Housing Agency warns: don't buy a house for two years in
PostPosted: Mon Sep 29, 2014 11:54 am 
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I think if you have the cash and you see a house you like, go for it.

If you have to get a big mortgage, you'd be a fool to buy a house in a market that has risen 25% in the last year without fundamentals to back it up.


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 Post subject: Re: Housing Agency warns: don't buy a house for two years in
PostPosted: Mon Sep 29, 2014 12:58 pm 
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Braighni wrote:


Yes that's them. That twitter feed links to a story in the indo a few weeks ago which says that the surge in property prices is set to "rapidly level off", and that "We were experiencing a shortage of houses for sale - not a shortage of houses".

http://www.independent.ie/irish-news/ne ... 67380.html


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 Post subject: Re: Housing Agency warns: don't buy a house for two years in
PostPosted: Mon Sep 29, 2014 1:49 pm 
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lastmanstanding wrote:
That twitter feed links to a story in the indo a few weeks ago which says that the surge in property prices is set to "rapidly level off"...


Ah - a 'soft landing' ?


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