Re: Australia housing bubble
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Quote:
Originally Posted by hayseed
One of My Brothers Bought a Town house in Dublin Ireland in 2007 for 385,000 Euros..
in 2009 It's market value was assessed at 160,000 Euros...( 59% drop in value)
They're both back here working to keep the payments Up..
Even Today Its market value is only about 200-220,000 Euros.
It's going to be Years before the Loan Payout figure & Its market Value Meet.
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Falcon: 1960 - 2016
My cars
Current ride
2016 FG X XR6 - 6 speed manual
Previous rides
2009 FG XR6 - 6 speed auto
2006 BF MkII XT ESP - 6 speed auto
2003 BA XT V8 - 5 speed manual
1999 AU Forte - 5 speed manual
1997 EL Fairmont - 4 speed auto
1990 EAII Fairmont Ghia - 4 speed auto
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