Must.... Own....property....

[longbigandjuicy]

65 million empty apartments in China, wait for the crash and they will be going for peanuts

China is in a crash

 

[SarahP]

Anyone seen 10 Halldene gardens for sale, wondering why it’s so much cheaper (€425k) than other properties for sale around Bishopstown at the moment.

 

[Browser Brody]

Anyone seen 10 Halldene gardens for sale, wondering why it’s so much cheaper (€425k) than other properties for sale around Bishopstown at the moment.

Wasnt that the place with the horrible and secret murder that took place ?


Joke…. No clue to be honest.

 

[Browser Brody]

From looking at houses to buy, it seems prices have come down in the last 8 weeks or so.

Anybody find the same ?

 

[How bad boy]

From looking at houses to buy, it seems prices have come down in the last 8 weeks or so.

Anybody find the same ?

I would be very, very surprised if there isn't a significant drop in house prices over the next few years.

Higher interest rates and a tighter money supply almost make it inevitable. Inflation is still high in the Eurozone, while the headline rate of 8.9% can be largely written off due to soaring energy costs, the supposedly more stable Core Inflation measure is also creeping up, from 3.7% in June to 4% in July.

The ECB is going to have to keep raising rates if it wants to mitigate the risk of that getting out of control. Which I presume they do...

 

[Browser Brody]

I would be very, very surprised if there isn't a significant drop in house prices over the next few years.

Higher interest rates and a tighter money supply almost make it inevitable. Inflation is still high in the Eurozone, while the headline rate of 8.9% can be largely written off due to soaring energy costs, the supposedly more stable Core Inflation measure is also creeping up, from 3.7% in June to 4% in July.

The ECB is going to have to keep raising rates if it wants to mitigate the risk of that getting out of control. Which I presume they do...

If you needed to buy but at the same time could rent for another year, i assume you would give it the year at least ?

 

[Hank Scorpio]

Anyone seen 10 Halldene gardens for sale, wondering why it’s so much cheaper (€425k) than other properties for sale around Bishopstown at the moment.

Semi Detached Houses for Sale in Bishopstown, Cork | Daft.ie

Find Semi Detached Houses for Sale in Bishopstown, Cork. Search 15 Semi Detached Houses for sale on Daft.ie now.

www.daft.ie

BER rating F.


You'd be warmer sleeping in the back garden.


They've done the cosmetic stuff but you're going to have to spend a lot getting the house properly insulated.

 

[How bad boy]

If you needed to buy but at the same time could rent for another year, i assume you would give it the year at least ?

That would be my advice, but I've been wrong about this stuff in the past.

 

[How bad boy]

Semi Detached Houses for Sale in Bishopstown, Cork | Daft.ie

Find Semi Detached Houses for Sale in Bishopstown, Cork. Search 15 Semi Detached Houses for sale on Daft.ie now.

www.daft.ie

BER rating F.


You'd be warmer sleeping in the back garden.


They've done the cosmetic stuff but you're going to have to spend a lot getting the house properly insulated.

F seems very, very low for a house in that condition.

I will admit, my knowledge of BER is sketchy at best, but I suspect the fact that it's got single glazing, possibly not much insulation in the attic, a poorly insulated flat roof and a crap old boiler be the biggest contributors?

 

[SarahP]

That would be my advice, but I've been wrong about this stuff in the past.

What would you recommend then for second time buyers that have a house to sell as well? Wait or is it pointless since price of house to sell will drop as well?