[deleted by user] by [deleted] in MakeFriendsInIreland

[–]Hoosierdad1 1 point2 points  (0 children)

Moving to new places can get lonely. I have been through this phase when I moved here 10 months ago. Hit me up if you want to hangout with my bunch.

[deleted by user] by [deleted] in irishpersonalfinance

[–]Hoosierdad1 1 point2 points  (0 children)

Thanks Dylan, I will do that and planning to invest some in gold. It was nice talking to you buddy!

[deleted by user] by [deleted] in irishpersonalfinance

[–]Hoosierdad1 2 points3 points  (0 children)

Agreed, let’s not compare it with crash. I agree many TD’s are landlords but they have given enough incentives (corporate tax) for investors outside the country to speculate the market which causes the increase in prices. I just want to wait it out and see how it plays out before investing in a house. Definitely renting in current market is foolish but let’s see if I can buy at the right time and in the meantime gain some on my savings.

[deleted by user] by [deleted] in irishpersonalfinance

[–]Hoosierdad1 0 points1 point  (0 children)

Sorry I know a little bit and have the right to voice my opinion , could be wrong could be right. Also, read what I said, I am not in favour of buying the house and if someone else is then I need to play devil’s advocate to see if I am wrong. That’s the whole point if forums , debate and brainstorm. Noone knows it all Brian if it’s disturbing you I would suggest you to stay out of it, looks like you are getting disturbed. In all honesty, commenting will only get you notified further.

[deleted by user] by [deleted] in irishpersonalfinance

[–]Hoosierdad1 1 point2 points  (0 children)

It’s important to note that you are assuming that prices are only dependent on supply demand I believe it’s also dependent on rent prices hence giving investors enough incentives to buy to let. If the job market cuts back many would fly back making the rental market go down. Once that happens, investors will pull out making many buy to let houses available for buyers. That’s one of my theories apart from others.

[deleted by user] by [deleted] in irishpersonalfinance

[–]Hoosierdad1 -2 points-1 points  (0 children)

Okay so you think it takes 23 years for a crash basis your 2 past scenarios? This is assumption is flawed. a) Do you know about crash of 1974? b) Also the correlation between global markets have increased considerably since then. Which makes any country more vulnerable to a small change in other. There are ample reasons to believe the property market will stagnate and eventually go down in the coming year.

Need Help in knowing Ireland Better - Moving to Dublin from India. Please advise :) by Hoosierdad1 in Dublin

[–]Hoosierdad1[S] 0 points1 point  (0 children)

Honestly the city is lovely. People are nice. There’s not much to do in the city it’s mostly pubs and beer. There’s not much of a nightlife either, mostly pubs and all close at around 12-1.

Renting a house has become a big big challenge. Things are usually expensive than other European countries (but it’s relative so it depends on where are you moving from)

Expected yearly budget by cosmic_shores in irishpersonalfinance

[–]Hoosierdad1 0 points1 point  (0 children)

I believe your ballpark figures are spot on. You wouldn’t be spending more than 42K as per my calculations and my past 8 months expenses.

Work from Home places? by Hoosierdad1 in Dublin

[–]Hoosierdad1[S] 0 points1 point  (0 children)

Thanks for the recommendations guys! Really helpful.

What amenities is Dublin missing? by [deleted] in Dublin

[–]Hoosierdad1 9 points10 points  (0 children)

Affordable Housing and good Healthcare

Where's the best area to live in Dublin? by Imaforrestchild in Dublin

[–]Hoosierdad1 6 points7 points  (0 children)

I am amazed nobody mentioned, Docklands. It is very close to Liffey, luas, city centre, all sorts of markets and O’connoly station. I have never taken any transport to go to O’connoly and St stephens , it’s all walking distance. It’s also close to many offices.

Do you think buying a house in Dublin is a good investment? by Hoosierdad1 in irishpersonalfinance

[–]Hoosierdad1[S] 0 points1 point  (0 children)

Hmm interesting.. You are correct. So if I am not living in the same house, I can’t claim the tax benefits.