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Realistbear

Demand For Houses In Ireland Rockets Skyward

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http://uk.news.yahoo.com/060217/218/g46hy.html

IHBA director Hubert Fitzpatrick said that yesterday's employment figures would further impact on demand from housing. House completions for 2005 were in the region of 80,000 units,
the thirteenth straight year of growth. With 160,000 extra people in the workforce, Fitzpatrick predicted a similar level of output for 2006
According to Fitzpatrick, a further factor driving demand is that the
household formation ratio in Ireland of 2.94 persons per household is now heading towards the EU average of 2.6 persons per household.
Elsewhere, the latest index of employment in construction showed employment in December up 2.9% on last year.
The annual increase in employment had been 3.9% for November
.

The Irish green light for go go go!! House prices up up and awayyyyyyyyyyyyyyyyyyyyyyy!

So great is the Irish economy that American-Irish are immigating back to Ireland and are on the lookout to buy a piece of the action:

http://www.thejournalnews.com/apps/pbcs.dl.../602170323/1066

Irish immigrants returning to Ireland

A prospering economy in Ireland, an on-going state effort to verify driver's licenses and increased security since the 9/11 terror attacks have forced local illegal Irish immigrants to return to Ireland.
The departures are hurting small businesses in southeast Yonkers and the adjacent Woodlawn neighborhood in the Bronx

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Barmy.... are they expecting a net influx of 100 million yanks? I just can't see the fundermentals that support such prices, nor can I see how a few skint Eastern Europeans renting at half the IO mortgage cost can support a market.

Combine low Euro interest rates with a bit of guinness and look what happens! It's gone that far the only option is more of the same :lol:

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Barmy.... are they expecting a net influx of 100 million yanks? I just can't see the fundermentals that support such prices, nor can I see how a few skint Eastern Europeans renting at half the IO mortgage cost can support a market.

Combine low Euro interest rates with a bit of guinness and look what happens! It's gone that far the only option is more of the same :lol:

i cant see how americans could buy property in ireland either, too expensive for them

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http://uk.news.yahoo.com/060217/218/g46hy.html

IHBA director Hubert Fitzpatrick said that yesterday's employment figures would further impact on demand from housing. House completions for 2005 were in the region of 80,000 units,
the thirteenth straight year of growth. With 160,000 extra people in the workforce, Fitzpatrick predicted a similar level of output for 2006
According to Fitzpatrick, a further factor driving demand is that the
household formation ratio in Ireland of 2.94 persons per household is now heading towards the EU average of 2.6 persons per household.
Elsewhere, the latest index of employment in construction showed employment in December up 2.9% on last year.
The annual increase in employment had been 3.9% for November
.

The Irish green light for go go go!! House prices up up and awayyyyyyyyyyyyyyyyyyyyyyy!

So great is the Irish economy that American-Irish are immigating back to Ireland and are on the lookout to buy a piece of the action:

http://www.thejournalnews.com/apps/pbcs.dl.../602170323/1066

Irish immigrants returning to Ireland

A prospering economy in Ireland, an on-going state effort to verify driver's licenses and increased security since the 9/11 terror attacks have forced local illegal Irish immigrants to return to Ireland.
The departures are hurting small businesses in southeast Yonkers and the adjacent Woodlawn neighborhood in the Bronx

yeah all those immigrants living ten to a house are really gonna support the bubble,in a house beside me theres around four fillipino nurses and their kids-nice people around ten in a rented house.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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