Open Europe warns that Spanish house prices may drop another 35pc, and that the country's banking sector could need an immediate €110bn capital injection to withstand potential losses.
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This story will keep repeating itself ad infinitumOriginally posted by mrdonuts View PostLet us not forget EU open doors immigration benefits IT contractors more than anyone -
There's always a turning point (unless war breaks out)Originally posted by DodgyAgent View Post
Looks like it may have arrived in Ireland..
Irish house prices rise for first month in five years | Business | guardian.co.ukSpeaking gibberish on internet talkboards since last Michaelmas. Plus here on TwitterComment
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Not much for sale/selling in Ireland, so stats may not be reliable.Originally posted by MrMark View Post
It will take 1-2 years for people to save up the deposit now require to get a mortgage in Ireland. House prices will not be stable until then.
Buyers market at the moment, if people don't
at the low price you have offered, you have gone in too high.
HTHFiscal nomad it's legal.Comment
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Also, aren't NAMA sitting on rather a lot of properties both north and south?Originally posted by alreadypacked View PostNot much for sale/selling in Ireland, so stats may not be reliable.
It will take 1-2 years for people to save up the deposit now require to get a mortgage in Ireland. House prices will not be stable until then.
Buyers market at the moment, if people don't at the low price you have offered, you have gone in too high.
HTHComment
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Spoke to an agent who had NAMA properties to sell, problem was he didn't have the paperwork.Originally posted by The_Equalizer View Post
Builders gone bust, builder guarantee not worth the paper it's written on. Banks will not lend on property without builder guarantee.
Could be a long time before NAMA finally get rid of all the property they have on their books.Fiscal nomad it's legal.Comment
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