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Killer Bunny

Stephen Nolan T V On B B C Ulster

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Debate on NI housing market between a financial adviser and an EA...

Edited by Financial Planner

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As one of many young people in NI who has been denied the chance to own their own home by insane prices, I hope you do indeed give 'em hell.

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Paddles   

Anyone know if it's accessible via Virgin Media, if so which channel?

Otherwise I suppose iPlayer is always your friend.

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squire   

Ooh, superb! Bring out the big guns and shoot them down. Make 'em weep.

I seriously cannot stand the VI's over here spouting their rhetoric bullsh!t. If you can, please get us a few tears. That would make my day!

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I've checked on the BBC iplayer and the 1 hour Nolan show from 3/11 is available. (Frank Skinner was on it)

So, tonight's show should be on there tomorrow.

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MOP   

Bloody hell i was just about to say "i bet Nolan is a BTLer himself" . He will try and twist things ! Possibly use this as a platform to change public opinion ! He and his EA friend need to be hit hard tonight !

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Debate on NI housing market between a financial adviser and an EA...

At least you are Scottish so will get away with it. Might be useful to point out that prices for larger houses in towns like Newtownards and Bangor nevermind the better bits of Belfast were getting close to the same levels as Alderley Edge in Cheshire or nice parts of southern England where the average income is probably three times higher.

I am from NI originally and have relatives still over and hear hilarious/bizarre/sad stories about the last three years. NI was truly dot.com in its silliness.

My favourite relates to 3 unattractive 70's 4 bedroom houses with large back gardens on a pleasant but hardly exceptional suburban road in a commuter town outside of Belfast which would have been worth no more than £300,000 up to 2004 (and that would have been thought expensive) selling to a property developer for £750,000 each in 2006 (seriously) so he could put up flats in the back gardens. This was developer knocking on the door stuff - the vendors' houses were not up for sale. The developer bought 3 of them. The fourth house next door held out with a dot.com valuation analysis that he should get £900,000 and raged against his neighbours who undersold for 'less than they were worth'. Developer just flat refused to pay anything extra for the fourth.

The three who sold downsized, and have £400,000 odd spare for their pension fund. They just couldn't believe it. "We thought we would be there for life, but they made an offer we couldn't refuse".

Needless to say, no flats have been built or seem likely to be built.

4th house couldnt be realistically marketed for more than £350,000 to £400,000 today and unlikely it would sell anyway given the declining market. :P

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Paddles   

The phone in lines open early, according to my sources, so HPCers who want to ask pertinent questions should call early to avoid disappointment.

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juvenal   

I often listen to Nolan on Five Live at weekends. Certainly no intellectual heavyweight. Has two cards to play - simplistic devil's advocate or plain-man-in-the-pub-who-needs-simple-explanations.

He is attractive in neither guise. Should be easy meat.

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MOP   
Is anyone going to phone in?

We need people to phone in here ! Even if it requires us to use false pretences ! Nolan will not want HPCers on if he is a BTLer !

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Paddles   
We need people to phone in here ! Even if it requires us to use false pretences ! Nolan will not want HPCers on if he is a BTLer !

Exactly!

Let's have some fun. Phone up early and register a question, something fun like "if the long term trend is average house prices equal 3 to 4 times the average salary in an area, what will prices fall back to?".

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MOP   

Estate Agent vs Financial Planner

A debate will be on about the direction of the Northern Irish housing bubble.

Edited by Master Of Puppets

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