Honestly thought it’d be higher than that. The turnover in South Co Dublin & the A94 postcode over the last 18 months has been crazy.
>The most expensive residential property sold, Dalguise on the Monkstown Road, went for €12m.
Calling that a residential property is a push.
It’s going to be a site for 300 units.
Does anyone remember after the last crash there was that “journalist” in the Indo they were trotting out every other week to complain that she was in negative equity on her luxury city centre apartment and that the government should be bailing her out?
Well, get ready for more of that.
I understand that you guys have gotten used to this outrageous figure simply by being forced to hear about it year after year for the guts of a decade now, but as an outsider looking in your housing market absolutely scares the shit out of me.
For some people this is a happy feel good story.
Doesn’t really seem particularly surprising. It’s just over 5% of houses in the most expensive city during a period of significant price inflation.
A very well to do friend of mine has returned from abroad, what he has in capital would easily get a mortgage over the million. Even he is finding it a fucking disaster having moved back(including finding a place to rent). Now he’ll be alright no matter what, but it’s worth remembering that rich people aren’t just tight for meanness and the fear of being ripped off for being rich…but it’s also how you stay rich in the long term. If this guy is to not just fuck his money down the shitter, he still needs to do things right and he’s not going to do it in Dublin during this market.
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Big economy flex 💪
5.8%
Honestly thought it’d be higher than that. The turnover in South Co Dublin & the A94 postcode over the last 18 months has been crazy.
>The most expensive residential property sold, Dalguise on the Monkstown Road, went for €12m.
Calling that a residential property is a push.
It’s going to be a site for 300 units.
Does anyone remember after the last crash there was that “journalist” in the Indo they were trotting out every other week to complain that she was in negative equity on her luxury city centre apartment and that the government should be bailing her out?
Well, get ready for more of that.
I understand that you guys have gotten used to this outrageous figure simply by being forced to hear about it year after year for the guts of a decade now, but as an outsider looking in your housing market absolutely scares the shit out of me.
For some people this is a happy feel good story.
Doesn’t really seem particularly surprising. It’s just over 5% of houses in the most expensive city during a period of significant price inflation.
A very well to do friend of mine has returned from abroad, what he has in capital would easily get a mortgage over the million. Even he is finding it a fucking disaster having moved back(including finding a place to rent). Now he’ll be alright no matter what, but it’s worth remembering that rich people aren’t just tight for meanness and the fear of being ripped off for being rich…but it’s also how you stay rich in the long term. If this guy is to not just fuck his money down the shitter, he still needs to do things right and he’s not going to do it in Dublin during this market.