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Green Bear

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About Green Bear

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    HPC Poster

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    Baile Átha Cliath
  1. Selling prices Unlike the UK and Northern Ireland, there is no price transparency when selling or buying houses in Ireland. Asking prices bear no relation to actual selling prices which are anecdotally 40% and more down on the peak of 2006. Ghost estates ( http://ghostestates.com/main.php?g2_view=map.ShowMap ) i.e. developments with little to no occupation, dot the countryside, particularly in areas where tax breaks were given (section 23), those houses cannot be sold as there is zero employment growth in those areas and net outflow emigration to urban areas and abroad in search of jobs, ther
  2. RBS own Ulster Bank and First Active in Ireland, therefore the British taxpayer will own half of Ballsbridge, Dublin by tomorrow evening. http://www.thepropertypin.com/viewtopic.php?f=4&t=16936
  3. More data her including the private sector credit statistics. https://www.centralbank.ie/frame_main.asp?p...;nv=sta_nav.asp TBH, the user could be describing a number of countries who had property boom in the last 5 years.
  4. I reckon it's a toss up between Britain and Ireland for the next to go. Anyway back to the Swiss
  5. How about this The government is going to become a subprime lender by lending to first time buyers, and get this only the 40,000 new build properties that their sponsors the property developers can't sell are eligible. This is cronyism, and illegal under EU competition law. It will be challenged!
  6. For the background on this see my post http://www.housepricecrash.co.uk/forum/ind...t&p=1330450 This was announced to stop mine runs on multiple banks that occurred two weeks ago. No legislation has been passed, there are no details of the scheme yet. Irish banks badly need money coming in, so if you can help...
  7. We did make the news headlines - The Property Pin TV3 News -
  8. Read this article in full - http://constructireland.ie/Articles/Opinio...to-survive.html
  9. Just a reminder, if anyone in the area can spare part of their lunch hour.
  10. Search thepropertypin.com for Anglo. Its primary business is lending to building developers ......
  11. Do you want to spend two to three months chasing after that money in the event of a failure? There is a reason they are offering a high rate of return. Safest alternatives on the Irish market at the moment are Northern Rock (courtesy of the British taxpayer), Rabodirect.ie (AAA rated Dutch Rabobank) and the Post Office (savings accounts or prize bonds, beware Fortis bank offering).
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