The Irish economy |
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MayoMark
Moderator Group The NEW angrier Freewheeler Joined: 27 Jan 2009 Location: Castlebar Status: Offline Points: 26316 |
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There was definitely an impact during the first lockdown but the second one hasn't affected it at all. A good sign generally as there is still good sentiment /confidence but not good for buyers that demand will increase so much
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They finally did it man... They killed my f**kin' car...
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JUICEBOMB
Liam Brady Joined: 06 Oct 2011 Location: Ireland Status: Offline Points: 2100 |
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There was a lot of people still working during the lockdown when there job had actually closed....childcare workers,hairdressers etc so these people were still earning and getting the PUP payment...goes along way to helping to get the deposit up.
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hard work beats talent when talent doesn't work hard
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sausy
Jack Charlton MAYO FOR SAM Joined: 13 Jan 2009 Location: The local Status: Offline Points: 6965 |
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I wonder if geographical demand will change with people working from home and the view that our ways of working have changed forever. No doubt Daft will have a report out soon enough.
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Bimbos Burgers - "Official Sponsor of the Irish Squad"
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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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It’s definitely happening in London. A lot of people are realising their small flats/houses don’t really work when one or both parents are working from home. Big demand for houses just outside.
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t_rAndy
Robbie Keane Joined: 06 Feb 2008 Location: Ireland Status: Offline Points: 26217 |
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Is that approved mortgages in principle though?
How many will be able to actually get a suitable house though for what they were approved I wonder? One thing being approved but still a long way to go to being able to find somewhere, win the bidding war and actually draw down
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MayoMark
Moderator Group The NEW angrier Freewheeler Joined: 27 Jan 2009 Location: Castlebar Status: Offline Points: 26316 |
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It's approval, not drawdowns, which is why it will have a massive impact on demand.
RE Geographical spread, I think so. We are seeing plenty of evidence of it here. People coming from Dublin, Galway, Sligo etc to work from home. Both renting and buying. Could be great for smaller towns and villages around the country.
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They finally did it man... They killed my f**kin' car...
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Claret Murph
Paul McGrath Hmmm, Goodness, I must say Joined: 16 Apr 2009 Location: Tibet Status: Offline Points: 15728 |
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Lansdowne Road debut aged 52 and 201 days .
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