Is there anything to be said for a new government?
What are the old rates? It’s hard to tell how “huge” the hikes are without this info.
Always found it strange that the “Crazy House Prices” guy encourages people to buy houses while the stated purpose of his account is to draw attention to the extremely inflated price of property in Ireland.
Should put a downard pressure on house prices, so not all bad news.
How can someone be good at maths calculating rates and all, yet be so daft, to think government controls ECB here.
In a normal market interest rate hikes would cause house prices to fall, but since the supply of housing in Ireland is extremely small it probably won’t change prices.
As housing prices rise, people are finding new places to live . . .
1) Graveyards
2) Railroad tracks
3) Home-made rafts floating in a river
Interest rates are like gravity… interest rates determine demand levels.
Welcome to renters life the last 5 years mortgage holders I guess
Mentioned on a prior thread, recently locked into 2.2 with BOI. Had a 2.1 with ICS but their rates changed. Rates are getting crazy.
Just to address the high interest rates Vs EU, isn’t this in part down to the difficulty in repossessions.
Paddy always fucks Paddy, now Paddy is afraid to miss out in every sector so is hiking prices in fear of missing out fucking Paddy.
Sure everyone else is doing it………
Good thing I can’t get a mortgage then.
Honestly what does Darragh O’Brien actually do ?
Yeah ICS pulled the rug out as we were getting close to finishing recently, waited until I’d ordered the valuation the feckers to tell me I probably won’t be done in time for the original rate. Thankfully I hadn’t got the solicitor going yet
On the up side it will be difficult for people to be prejudice against travelers when we’re all living in parked vans with no petrol.
16 comments
Was there ever good news? 🙁
Is there anything to be said for a new government?
What are the old rates? It’s hard to tell how “huge” the hikes are without this info.
Always found it strange that the “Crazy House Prices” guy encourages people to buy houses while the stated purpose of his account is to draw attention to the extremely inflated price of property in Ireland.
Should put a downard pressure on house prices, so not all bad news.
How can someone be good at maths calculating rates and all, yet be so daft, to think government controls ECB here.
In a normal market interest rate hikes would cause house prices to fall, but since the supply of housing in Ireland is extremely small it probably won’t change prices.
As housing prices rise, people are finding new places to live . . .
1) Graveyards
2) Railroad tracks
3) Home-made rafts floating in a river
Interest rates are like gravity… interest rates determine demand levels.
Welcome to renters life the last 5 years mortgage holders I guess
Mentioned on a prior thread, recently locked into 2.2 with BOI. Had a 2.1 with ICS but their rates changed. Rates are getting crazy.
Just to address the high interest rates Vs EU, isn’t this in part down to the difficulty in repossessions.
Paddy always fucks Paddy, now Paddy is afraid to miss out in every sector so is hiking prices in fear of missing out fucking Paddy.
Sure everyone else is doing it………
Good thing I can’t get a mortgage then.
Honestly what does Darragh O’Brien actually do ?
Yeah ICS pulled the rug out as we were getting close to finishing recently, waited until I’d ordered the valuation the feckers to tell me I probably won’t be done in time for the original rate. Thankfully I hadn’t got the solicitor going yet
On the up side it will be difficult for people to be prejudice against travelers when we’re all living in parked vans with no petrol.