Thursday, August 31, 2006

Who’s been kissing the Blarney Stone?

76% of Irish first time buyers are confident that property prices will continue to rise over the next five years

76% of first time buyers said that they were confident that property prices will continue to rise over the next five years and 75% said that they think that property in Ireland is a good investment now, according to a survey conducted by Millward Brown IMS on behalf of EBS Building Society.

Posted by converted lurker @ 12:47 PM (17 views)
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3 thoughts on “Who’s been kissing the Blarney Stone?

  • I’d love to know where the sheeple get their economic insights from. How many of them are aware of how the relationship between infaltion and IRs works, historic IRs, markets are cyclic or even the carry trade. Very, very few. Yet armed with their complete lack of knowledge they are willing to gamble their future on their feeling!
    From what I’ve read the Irish tiger economy is all based on Dell, and they are slowly moving to India. Wake up call coming soon me thinks!

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  • 76% of gold speculators also think gold prices will rise.
    76% of tulip speculators alse think tulip prices will rise.

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  • 76% are quite wrong.

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