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It's 2006. It's the Celtic Tiger...

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Robbie Keane
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    Posted: 30 Apr 2021 at 9:44pm
...what are we up to?


1. Buying breakfast rolls from Centra
2. Working part time for 10 euro an hour and buying properties and creating a portfolio
3. Getting haircuts in Toni & Guy
4. Planning on buying a yacht even though you have 2000 euro in you bank account
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Post Options Post Options   Thanks (0) Thanks(0)   Quote theheff1989 Quote  Post ReplyReply Direct Link To This Post Posted: 30 Apr 2021 at 10:29pm
finished 5th year in school. 

Part time job in Supervalu. And working with the father plastering in the summer. Well labouring. So was actually good money as a 17 year old. 

First proper girl friend as well. And a bit of freedom going out drinking. 

Good times to say the least. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 9fingers Quote  Post ReplyReply Direct Link To This Post Posted: 30 Apr 2021 at 10:31pm
Buying a yacht while working part time is pretty impressive. 

The boom, much like the bust thankfully, passed me by. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote colemanY2K Quote  Post ReplyReply Direct Link To This Post Posted: 30 Apr 2021 at 10:48pm
graduated from college and got a job paying graduates 17k. Had a 10 year old fiesta which was bomb proof. used to booze friday and saturday and wake up with stinking hangovers....would feel 100% by lunchtime. good times.
"One of the dominant facts in English life during the past three quarters of a century has been the decay of ability in the ruling class." Orwell, 1942.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote FrankosHereNow Quote  Post ReplyReply Direct Link To This Post Posted: 30 Apr 2021 at 11:15pm
Got my now wife up the duff. Was 23 at the time. The end.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Trap junior Quote  Post ReplyReply Direct Link To This Post Posted: 01 May 2021 at 12:19am
Originally posted by 9fingers 9fingers wrote:

Buying a yacht while working part time is pretty impressive. 

The boom, much like the bust thankfully, passed me by. 


I was ripping the pissLOL

There was one lad on here after the boom circa 2010 (think it was Vivakenbarlow or SirAlex) boasting about their property portfolioLOL

For 95% of my purchases my mindset has always been if you dont have the money to pay for it in your account you can't buy it. 


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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 01 May 2021 at 12:31am
Originally posted by Trap junior Trap junior wrote:

Originally posted by 9fingers 9fingers wrote:

Buying a yacht while working part time is pretty impressive. 

The boom, much like the bust thankfully, passed me by. 


I was ripping the pissLOL

There was one lad on here after the boom circa 2010 (think it was Vivakenbarlow or SirAlex) boasting about their property portfolioLOL

For 95% of my purchases my mindset has always been if you dont have the money to pay for it in your account you can't buy it. 



Using that logic you would never buy a house or start a business or for some buy a car.  It depends on what you are buying and what the interest rate is. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Trap junior Quote  Post ReplyReply Direct Link To This Post Posted: 01 May 2021 at 12:49am
Originally posted by Baldrick Baldrick wrote:

Originally posted by Trap junior Trap junior wrote:

Originally posted by 9fingers 9fingers wrote:

Buying a yacht while working part time is pretty impressive. 

The boom, much like the bust thankfully, passed me by. 


I was ripping the pissLOL

There was one lad on here after the boom circa 2010 (think it was Vivakenbarlow or SirAlex) boasting about their property portfolioLOL

For 95% of my purchases my mindset has always been if you dont have the money to pay for it in your account you can't buy it. 



Using that logic you would never buy a house or start a business or for some buy a car.  It depends on what you are buying and what the interest rate is. 


Why do you think I said 95%?Confused
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Wheelo Quote  Post ReplyReply Direct Link To This Post Posted: 01 May 2021 at 6:24am
Drinking over priced pints 7 nights a week. Partied hard!

Bought an overpriced apartment at 24 with a tracker mortgage! Still have it and rent out to my mother in law.

Thankfully I bought my current gaf right at the bottom in 2012 so you win some, you lose some.

Remember builders on sites in 2006 were saying the arse was going to fall out of the market, credit drying up, etc.

Nobody listened.

Was talking to a builder the other day and he reckons they'll have a boom 12/18 months then is expecting a crash in their field.

Forget your financial experts on newstalk or rte. One thing I did learn is that the labourers and taxi men were first to see signs of the crash Thumbs Up
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Shedite Quote  Post ReplyReply Direct Link To This Post Posted: 01 May 2021 at 8:02am
Originally posted by Wheelo Wheelo wrote:

Was talking to a builder the other day and he reckons they'll have a boom 12/18 months then is expecting a crash in their field.

Forget your financial experts on newstalk or rte. One thing I did learn is that the labourers and taxi men were first to see signs of the crash Thumbs Up
The problem with people like David McWilliams getting credit for calling the alst crash, is that every Tom, Dick and Harry are constantly saying "there'll be another crash soon", thinking they'll look smart if it ever does happen again. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Baldrick Quote  Post ReplyReply Direct Link To This Post Posted: 01 May 2021 at 9:52am
Originally posted by Shedite Shedite wrote:

Originally posted by Wheelo Wheelo wrote:

Was talking to a builder the other day and he reckons they'll have a boom 12/18 months then is expecting a crash in their field.

Forget your financial experts on newstalk or rte. One thing I did learn is that the labourers and taxi men were first to see signs of the crash Thumbs Up
The problem with people like David McWilliams getting credit for calling the alst crash, is that every Tom, Dick and Harry are constantly saying "there'll be another crash soon", thinking they'll look smart if it ever does happen again. 

There is no skill in saying there is a crash,  the skill is to say the extent of it and the timing although that’s more luck too. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Zinedine Kilbane 110 Quote  Post ReplyReply Direct Link To This Post Posted: 01 May 2021 at 12:09pm
The skill is making $2.6 Billion on the market crash.
I give you Bill Ackman.



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Post Options Post Options   Thanks (0) Thanks(0)   Quote Wheelo Quote  Post ReplyReply Direct Link To This Post Posted: 01 May 2021 at 1:03pm
Originally posted by Baldrick Baldrick wrote:

Originally posted by Shedite Shedite wrote:

Originally posted by Wheelo Wheelo wrote:

Was talking to a builder the other day and he reckons they'll have a boom 12/18 months then is expecting a crash in their field.

Forget your financial experts on newstalk or rte. One thing I did learn is that the labourers and taxi men were first to see signs of the crash Thumbs Up
The problem with people like David McWilliams getting credit for calling the alst crash, is that every Tom, Dick and Harry are constantly saying "there'll be another crash soon", thinking they'll look smart if it ever does happen again. 

There is no skill in saying there is a crash,  the skill is to say the extent of it and the timing although that’s more luck too. 

Tbh I'm more talking about lads "on the grounds" experience. I remember at the peak in 06 a carpenter telling me the work has started to dry up, that there seemed to be an issue with getting paid, etc - everyone else was saying there be no crash. 

A number of months later, bang!!!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote eireland Quote  Post ReplyReply Direct Link To This Post Posted: 01 May 2021 at 2:11pm
Originally posted by Wheelo Wheelo wrote:

Drinking over priced pints 7 nights a week. Partied hard!

Bought an overpriced apartment at 24 with a tracker mortgage! Still have it and rent out to my mother in law.

Thankfully I bought my current gaf right at the bottom in 2012 so you win some, you lose some.

Remember builders on sites in 2006 were saying the arse was going to fall out of the market, credit drying up, etc.

Nobody listened.

Was talking to a builder the other day and he reckons they'll have a boom 12/18 months then is expecting a crash in their field.

Forget your financial experts on newstalk or rte. One thing I did learn is that the labourers and taxi men were first to see signs of the crash Thumbs Up

I don't think housing will cause any downturn for a long time. There's such a big shortage I'd be surprised if in 5 years they're freely available. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote colemanY2K Quote  Post ReplyReply Direct Link To This Post Posted: 01 May 2021 at 4:06pm
Originally posted by Wheelo Wheelo wrote:

Drinking over priced pints 7 nights a week. Partied hard!

Bought an overpriced apartment at 24 with a tracker mortgage! Still have it and rent out to my mother in law.

Thankfully I bought my current gaf right at the bottom in 2012 so you win some, you lose some.

Remember builders on sites in 2006 were saying the arse was going to fall out of the market, credit drying up, etc.

Nobody listened.

Was talking to a builder the other day and he reckons they'll have a boom 12/18 months then is expecting a crash in their field.

Forget your financial experts on newstalk or rte. One thing I did learn is that the labourers and taxi men were first to see signs of the crash Thumbs Up

Remember having the same conversations with chippies when I flew home every few months. Slowly bit by bit you could see during 2006 things were slowing.

Charlie pulled a stroke with stamp duty in a budget around 2004 which gave the sector a 24 month boost but then the arse fell out of things. Luckily for Charlie he had high tailed long before the collapse. It wasn't a coincidence either I suspect. 


Edited by colemanY2K - 01 May 2021 at 4:08pm
"One of the dominant facts in English life during the past three quarters of a century has been the decay of ability in the ruling class." Orwell, 1942.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Gary McKay Quote  Post ReplyReply Direct Link To This Post Posted: 01 May 2021 at 4:20pm
My business went bang at the start in 2006 as contractors went bust. Saw it coming a mile away.

I was ‘painting houses’ for a year as I couldnt draw the scratch as I was ‘self-employed’.

Good times all the same although it spawned some amount of kunts.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote colemanY2K Quote  Post ReplyReply Direct Link To This Post Posted: 01 May 2021 at 4:27pm
http://m.independent.ie/business/irish/minister-makes-u-turn-as-tax-relief-schemes-extended-25917269.html

This stroke kept things going for awhile. Remember it well. A few months later he headed to Brussels knowing full well what was coming. 


Edited by colemanY2K - 01 May 2021 at 4:28pm
"One of the dominant facts in English life during the past three quarters of a century has been the decay of ability in the ruling class." Orwell, 1942.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote t_rAndy Quote  Post ReplyReply Direct Link To This Post Posted: 01 May 2021 at 4:37pm
...and there was one I had bent over here, one up here I was fingering and I was just toe f**king the other one on the floor

Edited by t_rAndy - 01 May 2021 at 4:38pm
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