It's 2006. It's the Celtic Tiger... |
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9fingers
Paul McGrath Ballymun Resident #MONKEANO Joined: 30 Jan 2010 Status: Offline Points: 16076 |
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I know you’re full sh*te Gary but you hardly think we’ll believe you were a hitman
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MayoMark
Moderator Group The NEW angrier Freewheeler Joined: 27 Jan 2009 Location: Castlebar Status: Offline Points: 26274 |
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House prices have gone a bit mad in the last two weeks believe it or not. 3 bed semi in an average sized Mayo town sale agreed for 210k. If asked the value 4 weeks ago I'd have said maybe 150/160
Loads more examples. I think these people will end up in negative equity almost immediately. Lots of panic because of the pent up demand Also don't think there will be anything like the last crash. Apart from those few examples, banks have been very tight on lending. There could very well be a bit of a trough but I hope not a crash
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They finally did it man... They killed my f**kin' car...
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zizu Kilbane
Jack Charlton Joined: 23 Oct 2007 Location: Ireland Status: Offline Points: 8328 |
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This was me also!!!
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"Sometimes, sh*t happens, someone's gotta deal with it, and who ya gonna call?"
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Zinedine Kilbane 110
Jack Charlton Man City records obsession Joined: 20 Mar 2012 Location: Dundalk Status: Offline Points: 9647 |
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Same issue in 07 and similar story in the UK and USA right now. House prices are at all time highs. I bought a flat in London in 2006, I remember at the time there was panic as every year houses went up 20-30%. All my friends were buying and all the talk was ‘get on the ladder’. Shure there were lads in Dundalk buying flats in Dubai. |
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Gary McKay
Roy Keane Yo Adrian Joined: 21 Jul 2007 Location: Ireland Status: Offline Points: 13816 |
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Knew someone would like the reference.
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"Smalling and Jones.... have the potential to be the PL’s best ever pairing in my opinion." - SlurAlex
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ConorMac77
Ray Houghton Joined: 22 Apr 2015 Location: Newry Status: Offline Points: 3662 |
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I started a job that year at the Northern Ireland Land Registry in Belfast - they basically couldn't get enough staff in to keep up with the volume of work that kept coming in. And it got madder the following year. A lot of staff were temp/agency staff so it was handy enough to cope with the crash. Thankfully, I had got in as permanent staff.
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The nation holds it's breath...YES, WE'RE THERE!!!
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Green Cockade
Liam Brady Joined: 22 Jan 2020 Location: Belfast Status: Online Points: 2648 |
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I worked there myself years ago , in the 80s when it was located in River House in High Street. House sales are going mad right now in NI/UK because of the temporary stamp duty holiday. A nasty little tax that takes a big bite out of buyers' funds, avoiding it while the opportunity exists makes a big difference for a lot of people.
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irishmufc
Robbie Keane I love Vulvas Joined: 09 Aug 2011 Location: Dublin Status: Offline Points: 24975 |
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Finished college and started working in a fruit and veg shop on a full & part time basis for the next 6 years on minimum wage while doing a second needless college course. Best craic I ever had in a job despite the sh*te pay.
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Wings? They're only the band The Beatles could have been.
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Shedite
Jack Charlton Joined: 09 Dec 2011 Status: Offline Points: 9795 |
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I started working in 2006, was too young to really see the gravy train, and as a result I was such cheap labour, companies were happy to keep the likes of me on through the bust. Don't think I ever really experienced the high (though we tried our best to fake it), but never got caught with property or redundancy either.
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Jock
500 Club la la la Joined: 09 Sep 2015 Status: Offline Points: 697 |
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the lack of due diligence back then from the banks was unreal. I was on my placement with a contractor and one of the lads I worked with, was just basically inflating his salary and putting it on headed paper and he was forging the directors signature at the bottom of it. Done that three times in a space of a year to get funds for properties. They werent looking pay slips, bank statements etc.
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irishmufc
Robbie Keane I love Vulvas Joined: 09 Aug 2011 Location: Dublin Status: Offline Points: 24975 |
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And the financial regulators. Totally asleep at the wheel. |
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Wings? They're only the band The Beatles could have been.
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Cabra Hoop
Roy Keane Joined: 06 Feb 2012 Location: Royal County Status: Offline Points: 10781 |
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Funnily enough while property prices went through the roof around 2006/2007 (2 up 2 down former Dublin corporation houses going for £350,000 on Cabra), I think the real fun years of the tiger were between 1998 and 2003 when people seem to have a lot of cash. After that a lot of people got up there own arses going off to NY for shopping trips/buying villas in Bulgaria all on cheap credit. It had to go tits up. My main memory of 2006 was pacing the corridors of the Rotunda waiting for our first and nipping across to Conways to watch the world cup.
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" BFC always gives me a laugh........ "
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The Huntacha
Roy Keane Joined: 27 Mar 2012 Location: Dubai Status: Offline Points: 12704 |
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Enjoying the glory days of 21's on a Wednesday and Barcode on a Thursday as a failing student in NUIM. Working part-time in the local Eurospar on a decent enough wage and coaching with Samba Soccer during the holidays which got me to Crete that summer. Good times.
Too young at that stage to have suffered from the crash that would hit 2/3 years later. Remember the bank offering stupid amounts to students to go away during the summers, even if they had very little regular income. Thought life would always be that way.
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Jimmy Bullard - "Favorite band? Elastic."
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Trap junior
Robbie Keane YBIG Minister of Doom & Gloom Joined: 25 Jan 2010 Location: Irish Riviera Status: Offline Points: 39509 |
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Train tracks are ching ching, bit of cash, you know what I mean?
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Pied Piper to: Baldrick, Brendan 88, 9Fingers, Borussia and more...
97.6% chance this post will be replied to by Baldrick (source: PWC) |
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thebronze14
Jack Charlton Derry City Til I Die Joined: 22 Feb 2011 Location: Dublin/Donegal Status: Offline Points: 7151 |
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Redz on a Monday, Wednesday 21s and Barcode on a Thursday would have been my 2006 as well. Finishing 1st year in college in Pats, heading into 2nd year. Some amount of Pro Evo played too! Best few years of my life. The amount of drinking done was obscene and being at a college with 75% women had it's perks as a single young lad! Economy crashed as I was coming out of college. Managed to get my first teaching job so wasn't too bad as I had money for the first time as everything was coming down in price! Still in same job with a 2 year break in Manchester. Looking to move home next year. My 18-30s years will be looked back with fondness it's fair to say. Had some time!
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Wheelo
Liam Brady Joined: 09 Sep 2010 Location: Drogheda Status: Offline Points: 2308 |
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Well summed up - from mid 90s to 2006 all my money was spent of drink, drugs and football. Was a great time to be a teenager/ early 20s. I remember my maths teacher telling me to stop coming nto school hungover on mondays Wasnt on a mad wage after college but we were probably paying feck all tax. Didnt go on a holiday during those years either - didnt seem to be done by lads I hung around with - , but still felt loaded while partying! Cabra, you're right in your timing , my first sun holiday as an adult was in 2006, then a month in Thailand in 2007, the boom!!
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"Not surprised you are anti foreigner in your so called Kip of a town when you don’t want a manager because he is Swedish and you want big Sam in charge" - a fine post from a fine ybig poster
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Artie Ziff
Ray Houghton Joined: 10 Oct 2007 Status: Offline Points: 3567 |
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Not sure I'll be calling up my financial labourer for advice
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It would damage this forums' reputation
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Artie Ziff
Ray Houghton Joined: 10 Oct 2007 Status: Offline Points: 3567 |
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I always a recall a friend buying a one bed near the Dublin mountains for 300k around 2005/2006 and just asked him how much is that gonna cost you over the full mortgage and he hadn't worked it out? Everyone else was doing similar. Pure daft, I was glad I wasn't caught up in it, it helped that I had very little money and wouldn't have been offered a 100% mortgage even if I wanted one.
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It would damage this forums' reputation
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