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House Price Crash forum > House Prices > Regional House Prices > Northern Ireland
subby
http://u.tv/newsroom/comments.asp?pt=n&...87629&ps=11

woo hoo they finally printed a comment of mine. Wonder how many from here have also posted in the UTV section? I know Doccy boy has so far biggrin.gif
paul65
QUOTE (subby @ Feb 21 2008, 12:35 PM) *
http://u.tv/newsroom/comments.asp?pt=n&...87629&ps=11

woo hoo they finally printed a comment of mine. Wonder how many from here have also posted in the UTV section? I know Doccy boy has so far biggrin.gif


I posted but they didn't allow mine through. sad.gif Also looks like their page navigation is screwed. I can't see the comments on pages 2 and 3. Good old UTV huh!
talksalot81
My one went on too. The 'Homeowner' chap is a bit confusing.... No crash but it could go down by 40%.... what the hell does he call a crash then!?
subby
yeah VI radar going off a touch here...or else he's clinging at straws of some odd description
subby
On 21 Feb at 13:27 - Recent FTB from Bangor said:

I bought at the start of the 2007 (admittidly in a panic) and the value of my apartment continued to rise. Only now does it appear I am heading towards negative Equity. I do wish I hadnt bothered buying but as I intend to move to a bigger house this year (in the unlikely event of finding a buyer for my current place)my hope is that my target house is coming down in price quicker than my currrent house. So even if I sink into negative equity, it will be OK as I should still pick up a bargain wiht my next house (aside from the fact of the annoyance that I should have just kept renting int he first place). Nonsense?



....from the UTV site....OUCH!!!!!!!!! tongue.gif
Belfast Boy
OK I didn't want to post there as they are arguing. And you lot know how I hate arguing about house prices. wink.gif

Anyway, will be interesting to see if they post this comment:

QUOTE
If you compare the Ulster University reports from Q3 and Q4 2007, you will see that the falls quoted in the article are for just a 3 months period. So house prices have actually fallen by £6,500 a month.
Sogy
QUOTE (subby @ Feb 21 2008, 04:00 PM) *
I bought at the start of the 2007 (admittidly in a panic) and the value of my apartment continued to rise


He/she might be in for a tough ride - apartments are almost guaranteed to fall way faster than "bigger houses"! What a mess...
talksalot81
The BBC are reporting the following:

http://news.bbc.co.uk/1/shared/spl/hi/in_d...ml/region11.stm

Northern Ireland
Average Cost: £250,586
Detached: £369,609
Semi-detached: £243,223
Terraced: £199,392
Flat: £205,178


Change in last quarter: 4.2%
Change in last year: 39.1%

Something does not add up....
Sogy
QUOTE (talksalot81 @ Feb 21 2008, 05:19 PM) *
Something does not add up....


It does... or rather it did: "Figures for N Ireland are for the period July to September 2007."
pod
QUOTE (subby @ Feb 21 2008, 03:40 PM) *
yeah VI radar going off a touch here..

VIdar
talksalot81
QUOTE (Sogy @ Feb 21 2008, 05:49 PM) *
It does... or rather it did: "Figures for N Ireland are for the period July to September 2007."


That is where laziness gets one... note to self, read more thoroughly!

I wonder why this was the case....

Belfast Boy
QUOTE
If you compare the Ulster University reports from Q3 and Q4 2007, you will see that the falls quoted in the article are for just a 3 months proiod. So house prices have actually fallen by £6,500 a month.


Yea... I have been published cool.gif

Oh boy... could anybody (in their right mind) read that post and want to buy a house now?

You would think they would have corrected my typo/spelling mistake. mellow.gif
maxdiver
Attacking house prices is like attacking Van Morrison.

It's something that gelled to two communities together.

When i talked w. Helen Carson she told me about the Troubles and how we should be grateful for the future Negative Equity, repossessions and destruction of our economy at the hands of a property bubble that made everyone (who owned property) richer than their wildest dreams.
paul65
QUOTE (maxdiver @ Feb 22 2008, 09:43 AM) *
Attacking house prices is like attacking Van Morrison.

It's something that gelled to two communities together.

When i talked w. Helen Carson she told me about the Troubles and how we should be grateful for the future Negative Equity, repossessions and destruction of our economy at the hands of a property bubble that made everyone (who owned property) richer than their wildest dreams.


Hi Max - when exactly did Helen C say all this? Was it recently? I noticed a very sobering report from her in last nights Belfast Telegraph. http://www.belfasttelegraph.co.uk/homefind...icle3447575.ece
maxdiver
this was about 3 months ago - i was so pissed off with her Windsock opinions with the bottom line of "things are going to be alright"

I'm going to give her a call in a few months when - having followed her recommendations people would have lost their salaries worth on houses.

I was also annoyed at her asking Estate Agents to give their views on the property situation.

The thing is that all news is pretty much sindicated - she doesn't do that much - but you might expect someone whose job it is to report the news - that they might have some foresight about the situation here.

subby
she's a disgrace. END OF
subby
QUOTE (maxdiver @ Feb 22 2008, 11:17 AM) *
this was about 3 months ago - i was so pissed off with her Windsock opinions with the bottom line of "things are going to be alright"


have you a link to that comment mate? I can't find it
Belfast Boy
QUOTE (subby @ Feb 22 2008, 12:03 PM) *
have you a link to that comment mate? I can't find it

There is no link. It was a comment allegedly made by HC during a phone conversation.

Nobody has made any comments after mine, in the UTV link. Boy do I know how to end a discussion. biggrin.gif cool.gif
subby



biggrin.gif
subby
http://u.tv/newsroom/comments.asp?pt=n&...87750&ps=11

finally after complaining about the moderation of that UTV site I got my post re-instated biggrin.gif
doccyboy
anyone here able to translate the ravings of the rabble rouser on UTV comments (thanks to Fubar for this one) - first comment from Keiran

http://u.tv/BusinessNews/index.asp?iBlogID...2008&next=1
crash_bang_wallop
QUOTE (doccyboy @ Mar 3 2008, 05:50 PM) *
anyone here able to translate the ravings of the rabble rouser on UTV comments (thanks to Fubar for this one) - first comment from Keiran

http://u.tv/BusinessNews/index.asp?iBlogID...2008&next=1



Presumably the UTV team don't moderate postings then!?!? Comedy gold (if it isn't a wind up)...


QUOTE
At 03:21 on 2 Mar 2008, Kieran wrote:
I am an investor and have bought some good and bad houses in belfast in the last 10 months to the tune of over 1.8mil, I have rented most of the propertys and am renovating others while the market recovers in the mean time people like Thomas Hughes is paying part of my interest only mortgage and finaly buy property at the competitive price hopefully 10 to 15% above. This will happen we have been saying for the last 20 years that house prices can not continue to rise but taken over a 2 year period they never and wil not fail to cause it is are only asset and the banks have to much to lose to let this happen this is only a blipin the market cause by new amature invertors bidding again each other untill the market ran out of new ones to buy what they had bought which are now forsale and are now been bought by the original investors to be sold on to Thomas when he gets realistic that prices in NI are realistic as this city is growing bigger each year and the demand will continue to drive price up look at it over 3 / 5 years your money will be as safe as houses in house in belfast and not a better time than now, No silly people bidding again you,more choice than before, amatuce inverters willing to sell less thier 10 to 20% deposits no wounder the agents are busy and these deal are now running thin and back to need as NI has the biggest wedding booking in summer 08 ever, lowest unemployment in 20 years biggest foreign investment ever and more foreigner setting up shop here and looking to rent .
The market has recovered just clearing up the back log of a very rainy nov dec in which no one could even look up to see the ForSale boards.

yadayada
QUOTE (crash_bang_wallop @ Mar 3 2008, 05:58 PM) *
Presumably the UTV team don't moderate postings then!?!? Comedy gold (if it isn't a wind up)...


Who remembers Harry Enfield's Stavros character? Who thought of him when they read this? And all the nonsense we hear about our wondrous schools?
subby
I sent him this...



are you on drugs?? It's plain to see that you'll soon be sitting in negative equity and you're grasping at straws to be honest. For a "canny" investor....you should use some of your 1.8million portfolio to buy a dictionary too...



tongue.gif
talksalot81
It really is worrying when an individual with such limited grasp of English grammar can get hold of so much money.
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