Tuesday, Jul 10, 2007

The NI puzzle

Times: Homes in parts of Northern Ireland as expensive as London

By why are NI prices so high? Is it immigration? Is it divorce rate? Is it the students? Ah... now I get it, it must be the Russian oligarchs!! Belfast is the second UK "city-state", like that brain-dead of Yolanda Savills like to say...

Posted by confused76 @ 03:16 PM (149 views) Add Comment

4 Comments

1. shipbuilder said...

Speculators have piled into the last place where houses are making big money in the UK and will pile out as quickly. EAs are already seeing a slowdown and that will be reflected in the figures soon. I expect negative 'growth' by the end of the year.

Tuesday, July 10, 2007 05:22PM Report Comment
 

2. Scott said...

Just wait until the peace deal goes to shit. Not that I wish such a thing.

Tuesday, July 10, 2007 06:06PM Report Comment
 

3. Cheekie Charlie said...

How NI has gone from the cheapest place to live - where in the troubles no outsider would dare to tread nether mind invest - to one of the most expensive beggers belief. It has been mentioned before on this site HPI south of the border is a factor and it has inturn skewed figures in the UK. Flipside of the coin is it will also skew the UK figure when it nosedives.

Tuesday, July 10, 2007 08:10PM Report Comment
 

4. shipbuilder said...

Tut tut, you're such a stirrer, Scott.

Tuesday, July 10, 2007 10:08PM Report Comment
 

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