Tuesday, July 10, 2007
The NI puzzle
Homes in parts of Northern Ireland as expensive as London
By why are NI prices so high? Is it immigration? Is it divorce rate? Is it the students? Ah... now I get it, it must be the Russian oligarchs!! Belfast is the second UK "city-state", like that brain-dead of Yolanda Savills like to say...
4 thoughts on “The NI puzzle”
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shipbuilder says:
Speculators have piled into the last place where houses are making big money in the UK and will pile out as quickly. EAs are already seeing a slowdown and that will be reflected in the figures soon. I expect negative ‘growth’ by the end of the year.
Scott says:
Just wait until the peace deal goes to shit. Not that I wish such a thing.
Cheekie Charlie says:
How NI has gone from the cheapest place to live – where in the troubles no outsider would dare to tread nether mind invest – to one of the most expensive beggers belief. It has been mentioned before on this site HPI south of the border is a factor and it has inturn skewed figures in the UK. Flipside of the coin is it will also skew the UK figure when it nosedives.
shipbuilder says:
Tut tut, you’re such a stirrer, Scott.