Ya, because the “slowdown in the market” is a slowing of how quickly prices are rising – not a fall in prices.
We are allocating construction activity in completely the wrong places if we want to solve the housing crisis. The last time we had this many construction workers we built 70k houses a year, this year we won’t come close to building 30k – they’re building other stuff.
I hate to agree with the BPFI, but it’s [hard to argue with the fundamentals of supply and demand.](https://i.imgur.com/XZ2PAD7.png)
Everyone posting the ‘cmon do something’ meme about a house price collapse is in tears
Why will Ireland be a special case compared to the rest of the world?
Can’t see a slowdown with the 4x borrowing rules coming out Jan 1st. I think a lot of these articles are just foreplay for the “totally unexpected surge in prices” in Jan / Q1 as everyone bidding on houses gets an extra 17% Monopoly money to push up prices.
Functional Economy. We will all get rich selling houses to each other.
With property a commodity and demand well exceeding supply, the thought of a price crash was delusional.
Ummm yeah… NIMBYs keep blocking new developments and the government has done nothing to work to resolve the crisis.
Almost like it doesn’t fucking matter. Houses selling quick and easy? Better jack up the prices. Houses selling slowly? Better jack up the prices.
As a homeowner and complete cunt, i welcome this news for god knows what reason
Yeeeh Ya might as well tell me “private island prices set to rise despite slowdown in market”
Just as likely to own one of them as I am a house in Ireland.
10 comments
Ya, because the “slowdown in the market” is a slowing of how quickly prices are rising – not a fall in prices.
We are allocating construction activity in completely the wrong places if we want to solve the housing crisis. The last time we had this many construction workers we built 70k houses a year, this year we won’t come close to building 30k – they’re building other stuff.
I hate to agree with the BPFI, but it’s [hard to argue with the fundamentals of supply and demand.](https://i.imgur.com/XZ2PAD7.png)
Everyone posting the ‘cmon do something’ meme about a house price collapse is in tears
Why will Ireland be a special case compared to the rest of the world?
Can’t see a slowdown with the 4x borrowing rules coming out Jan 1st. I think a lot of these articles are just foreplay for the “totally unexpected surge in prices” in Jan / Q1 as everyone bidding on houses gets an extra 17% Monopoly money to push up prices.
Functional Economy. We will all get rich selling houses to each other.
With property a commodity and demand well exceeding supply, the thought of a price crash was delusional.
Ummm yeah… NIMBYs keep blocking new developments and the government has done nothing to work to resolve the crisis.
Almost like it doesn’t fucking matter. Houses selling quick and easy? Better jack up the prices. Houses selling slowly? Better jack up the prices.
As a homeowner and complete cunt, i welcome this news for god knows what reason
Yeeeh Ya might as well tell me “private island prices set to rise despite slowdown in market”
Just as likely to own one of them as I am a house in Ireland.