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Are We Back In 2007? The Return Of The 300 Grand Semi...


JoeDavola
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Too small a % of the market to offer any real insight to FTB multiples in N.I. IMO.

The NIPPI has it at 4.3 for all buyers, with an average salary of 25.5k.

In 2007 it was 9.1 with an average salary of 21k.

I agree with the Nationwide data.

The banks ofcourse will take the household income into consideration which going by the CML os around £40k for house buyers.

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47 minutes ago, little fish said:

 Some selling yet some appear desperate to buy. This made me laugh, saw it yesterday on the way round to Newtownards Road. 

20161026_104330-1(1).jpg

Building company looking for desperate folk I guess, hoping to do it up and flip it, like the house I mentioned above.

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