It’s such a bitter taste of defeat as I stare out my window each morning

Spartacus_Mills

bristol_pilot wrote: »

It will get worse. If the flats do not sell at the new knock-down price, the next stage is for them to be sold as a job lot to a social housing provider and then she may be the only owner occupier in a block full of chavs on benefits. Couldn't possibly happen here though.

In some cases definately not. Birmingham City Council looked at buying some flats in the Jewelry Quarter.

http://www.birminghampost.net/news/west-midlands-news/2009/09/15/birmingham-s-jewellery-quarter-apartments-not-fit-for-homeless-65233-24697289/

Not good enough even for the homeless !!!!

drc

Looks like she has a gorgeous view of the local lorry depot to boot. A snip at half a million euros.

mostlycheerful

daviecol : “the Isle of Bute”

Pardon? Er, nice idea but she lives and works in Dublin, Eire. So bit of a commute to get into work every day and to see her family and friends if she went to the, er, Isle of Bute.

bristol_pilot

Dublin is a European capital city, the Isle of Bute is not! In fact, it may as well be on the moon.

Glad to see Birminham City Council have some sense, good on them.

daviecol

“the Isle of Bute”

Pardon? Er, nice idea but she lives and works in Dublin, Eire. So bit of a commute to get into work every day and to see her family and friends if she went to the, er, Isle of Bute.[/QUOTE]

Yes but she's harking on about the view........like what view?

My point being she didn't buy this place for the view (obviously) she bought it to make a fast buck and it didn't work and now she's in a huff.

I'm not an expert on properties in Dublin but I'm sure she could've found somewhere cheaper than half a million euros? Or all Irish people millionaires?

mostlycheerful

Daviecol : “Yes but she's harking on about the view........like what view? My point being she didn't buy this place for the view (obviously)”

No, not “obviously”. You’re implying that somehow you know she’s lying about this. But how do you know that? You don’t, do you, you’re assuming and guessing that, aren’t you. She says she did buy it partly for the view :

“When I bought my new home in May 2008, I knew exactly what I wanted. A two-bed apartment designed for modern living with a roof garden and outdoor space with great views of the city for holding summer barbeques on balmy evenings.”

Just cos the photo printed of her doesn't show great views doesn't mean that they're not there. If she says they're there then we can't say for sure that they're not unless we actually go there ourselves and see that there's no decent views and that therefore she's simply lying about it for some bizarre reason. Which is rather unlikely. Yeah, possible - but unlikely.

Daviecol : “she bought it to make a fast buck”

No, she didn’t. Again you’re simply assuming and guessing that with no evidence for it and plenty of evidence that suggests otherwise.

She says nothing in her 2 articles about her housing suggesting that she was hoping to “make a fast buck” or flip the property or that she bought it for short term (or long term) investment purposes. On the contrary, she says she bought it to live in it for 5 years, which is entirely different :

From the 14 Oct 2010 article :

“I honestly thought I had found my ideal home for a reasonable price.”

From the 28 Jun 2009 article :

“I was ready to embrace apartment living and swap the leafy suburbs of Rathmines for life as a city slicker in the sought-after riverside location of Dublin 2.

"Contemporary designed apartments in an exceptional city-centre location" encapsulated it all for me.

Life was going to be good in the fast lane with what I envisaged would be an edgier and more cosmopolitan type of existence. I was a stylish professional, free from parents and time curfews, and now living in a bustling centre of activity: in my eyes, I had it all.

Surrounded by young hip singletons spilling out of the Ferryman pub in the Docklands on a Friday evening and an abundance of lively eateries and bars on my doorstep, what more could I want?

There would be no need to battle traffic on a daily basis with only a 10-minute stroll to work…

When I bought my new home in May 2008, I knew exactly what I wanted. A two-bed apartment designed for modern living with a roof garden and outdoor space with great views of the city for holding summer barbeques on balmy evenings…

I had a five-year plan of living in the city centre until I hit 30, and then I'd trade up and purchase the suburban house with the immaculate garden and the white picket fence -- all the trappings of a family home.”

No mention of “mak[ing] a fast buck”. No mention of property flipping, investment, dealing, developing, speculating or even buy to let or tenanting or lodgering. On the contrary, a plan to live in it as a home for 5 years whilst enjoying city life and only having a “10 minute stroll to work” followed by then living in a “suburban…family home”.

Her articles are clearly expressing her disappointment so if she’d been trying to turn a quick profit on the property then she would certainly have explained how that plan had been scuppered by the credit crunch recession and or her own ignorance, stupidity, haste or rashness, which she clearly expresses about her decision to buy the place. But she doesn’t say anything about any profit motive whatsoever. So it would appear that you’ve simply imagined that notion with no evidence to support it.

And, yes, your Isle of Bute notion is inappropriate, and is missing the point of this woman’s situation. As I said, there’s no way she could commute to her work, family and friends in Dublin from the Isle of Bute, which is an island in the Firth of Clyde in Scotland, a long way away. And, no, she doesn’t want a 10 bedroom mansion in the middle of nowhere in Scotland for your idea of “making a fast buck”, she wants a trendy pad in the centre of Dublin town to live in and entertain in, near to her work, which is what she’s got.

The point of her articles is her disappointment at her situation and herself for getting herself into the situation. Her points are that it’s value has dropped, she didn’t realise the enormity of what she was taking on or how much the outgoings were going to be and that she’s now realised that a 40 year mortgage is a helluva long time and that she should have listened to her dad instead of rushing in headlong too hastily. Those are her points.

So there’s no evidence for your implication that she’s a liar or for your suggestion that she’s a get rich quick wrong’un. Or, therefore, for the further implication that therefore she deserves to suffer if her supposed attempt at “mak[ing] a fast buck” goes wrong.

Yes, it is possible that she’s a liar and a wrong’un – plenty of journalists and all sorts of people are, yes indeed - and was trying to “make a fast buck”, sure, but in the absence of any evidence of any of these then it would appear to be unfair to accuse her of such. Yeah, it’s poor form to bust someone with no evidence, just simply on a feeling. Isn’t it. I think she sounds sincere in her articles. In the absence of any evidence to the contrary I’m prepared to take her story at face value.

daviecol

I’m prepared to take her story at face value.[/QUOTE]

Good for you.

By the way if you'd care to read the entire thread I think you'll find your the only one.

Bonia77

So she bought a flat for £500K at the age of 25!!!!!!!!!! How could she afford it anyway? Are Irish young journos paid 5X than British???

Had she done any quick calculation on repayment of such an amount of money????

Either she's mad or her maths skills are 0.....

The_White_Horse

leveller2911 wrote: »

Not stereotyping are we? Why do people jump to conclusions with Social Housing?

I know plenty of homeowners who are filthy,their homes are filthy and their behaviour is filthy so why highlight Social housing tenants?......There are good and bad in all so why assume ?

because generally ha tennants are filth.

as i always say, there is a ha block near me, and if there is ever a police car, or noise, or anything untoward it ALWAYS stems from that block and none of the others.

lately a few low class council housing scum bags have started renting in the decent blocks and they are lowering the tone of those as well. i saw one chav smoking outside the door yesterday about 2 hrs before the ambulance came to take her to the hospital to give birth. scum bags to the core.

The_White_Horse

daviecol wrote: »

Yes this is the view from a TEN bedroomed house for sale on the Isle of Bute (incidentally the most beautiful place I've been to in the uk) for £195,000.

Who on earth in their right mind would spend such a fortune on a characterless place overlooking an industrial development when you can find something like that ^^^^^^^^^^^^^^ after searching online for one minute?

Well I'll tell you..........somebody who's tried to make a fast buck that's who. She's heard they were developing the area so she's borrowed some cash and bagged herself part of the development thinking once it's complete it'll double in value and she can sell and make a profit.

She might as well have gone into the casino with her borrowed money and put it on red and hoped for the best. It's called gambling love, and you lost.

yeah but she lives in Dublin.