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House Price Crash Forum


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Posts posted by undersupply

  1. I think we are at the top or the market now in 2006.

    June/July 2006 will show the highest YOY before the crash at 15%, this will fall to 8% by end of 2006.It will be virtually zero YOY by end of 2007 with a very stagnant market.

    Prices will fall in 2008 and not recover to 2006 levels until 2020.

    The election and SSIA will keep the party going for another year and a half.

    There David, tell it like it is :P

  2. http://www.rte.ie/business/2006/0427/houses.html

    Link at the bottom to ESRI David Duffy saying on the equivalent of Irelands bbc radio4 a crash is unlikely in the short term due to the net migration, wage inflation,strong economic growth when he was asked to give advice to potential buyers.

    3 letters for you david :ECB

    The religious orders have been downsizing since the 80's

    St Michael's sale not ruled out


    I think profiteering from asset sales isn't in the spirit of letting go.

    Maybe they will sell at the price they bought it for :lol::lol::lol:

  3. But the radical ‘letting go’ that is necessary is not really a serious option for us as individuals, except perhaps for a very select few. ‘Letting go’ is a recipe for poverty, homelessness and marginalistion for us as individuals. Those with families and children cannot impose such a lifestyle on their loved ones - unless they want to lose them! As individuals, we are trapped in this sinful structure and we are unable to escape from it. ‘Letting go’ is something that we as a society must do together. More and more of us must be converted to the belief that we must live more simply if our world is to become more just. We in the West must join in solidarity with one another in order to let go.

    Don't see the church "letting go" of too many of their assets or wealth.

    I think this quote from the book is relevant,

    And why beholdest thou the mote that is in thy brother's eye, but perceivest not the beam that is in thine own eye? / Either how canst thou say to thy brother, Brother, let me pull out the mote that is in thine eye, when thou thyself beholdest not the beam that is in thine own eye? Thou hypocrite, cast out first the beam out of thine own eye, and then shalt thou see clearly to pull out the mote that is in thy brother's eye.”

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