Prime Time - 20031016 - P 2/2

RTE Prime Time -16 October 2003

Is housing bubble about to burst?

Economist and broadcaster David McWilliams and Chief Economist with IIB Bank, Austin Hughes, debate the issue.

Category:

News & Politics

Tags:

• David McWilliams
• Austin Hughes
• Prime Time

[mikeyb221]

Your eating them works now Austin, you clown. Makes me sick to think people like you were in top positions in banks 

[gerry80]

"Unless the economy absolutely collapses, and that's most unlikely to be the case". Good man Austin. Follow "buy me off Bertie with your money", and ignore any factors that has created the boom so far in 2003. The boom was a bubble, anf fuckers like you made sure to feed it

[RTEareSOMEshower]

Austin Hughes is a sickening individual.. Self serving sycophants like him and Jim Power should be rounded up and shot... They ARE directly responsible for influencing people in to buying house.. And yet THEY both still have their jobs.. They should be hung for treason..

[boscoesarmy]

@donnyab It's a banana republic. It always was and always will be. We have a society that have voted in FF crooks for 61 out of 79 years since the formation of the state. Throughout all those years, FF appointed their minions to all the levers of power. People were promoted as heads of all the state departments based mostly on party affliation and seniority rather then ability. Who really is ultimately to blame? Your government is ultimately a reflection of your society, no ?

[donnyab]

where is stupid cunt now, probably Governor of the Central Bank

[donnyab]

@boscoesarmy

Well now you may have escaped the first but wait a minute, stop the presses, you are going to be knocked out in round two!

Now all the debt has to be paid back anyway through your taxes, extra vat, extra income tax, property charge etc etc etc et al et al ad infinitum.

Wecome to brain dead fucking paddyland!

What is the true disgrace is people saddled with those fucking mortgages AND all the extra tax will be hit TWICE!

Welcome to braindead fucking paddyland!

[boscoesarmy]

The madness of the boom was made clearer to me today. A three bedroomed, so called "luxur penthouse" apartment in Dublin was selling for 750,00 euro in 2006. That same apartment went on the market today for 205,000 euro. The added madness surrounding the value of this property was, after you paid 750,000 euro in 2006 for it, you had the option of buying a poxy parking space in the underground carpark for 40,000 euro. Fucking madness. God love the suckers that bought in. Thankfully, i didn't

[squirell1952]

november 1, 2011: In Dublin's fair shitty, on dame street, there is evidence of the European Spring - or even an Irish Spring! - BUT THERE IS A MEDIA BLACKOUT!!

RTE News does NOT carry any reports. THIS IS CENSORSHIP and we have the NERVE to criticise OTHER cultures for their forms of censorship!!! Oh, Godthe Father, send Jesus back on dec-21-2012 - alongwith Mohammed, Moses, ~Buddha, the lot!!

[conjoly]

@squirell1952 bitter and twisted at all?

[schumacher123]

Its amazing how McWIlliams was the only one in Ireland who saw it unfolding in front of his eyes. He must be a wealthy man. Austin knows nothing

[squirell1952]

NOBODY even guessed in 2003 the Southern Irish bubble would burst. That was when Blaw Clee City thought it was the Capital of both Europe and the World! God, weren't we THICK in those far-off days? And we were so PATRONISING to anyone who wasn 't Southern Irish. After all, we were the New Chosen Race. Honest to God, I'm glad we fell off that so-called Celtic ladder. Now we can get our act together - or can we? PEOPLE HAVE SHORT MEMORIES. Yeah, we'll become snobs again if we go back up!!

[dubskaya]

This Austin guy really seems to know what he is talking about. Property can only go up. I just bought a cottage in Donegal for 10 Billion euros. Oh yeah. PROFIT. Too easy!!!!!! Who is this McWilliams guy. Dont know why he doesnt top himself.