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What a fantastically terrible idea! You've outdone yourself Brendan!

Re: Why do people expect to be let off Negative Equity? You made a promise, stick to Fair play to you for getting on with it hotkey! This is exactly what people should be doing. Making the best of a bad situation and investigating their options. There is nothing wrong with people who bought...

Re: Why do people expect to be let off Negative Equity? You made a promise, stick to People have options. They can rent a bigger place while renting out their current owned property. You do not have to own a property to raise a family in it.

Re: Why do people expect to be let off Negative Equity? You made a promise, stick to Absolutely, I wonder if this downturn will lead to a serious review of people's voting habits. Or will they still think "A sure I always vote for X" I do think they public are getting angrier though, so that...

Re: Why do people expect to be let off Negative Equity? You made a promise, stick to Anglo should never have been saved. It wasn't of structural important to the main economy. It was saved for political reasons more than economic ones. AIB, BOI, etc were the ones that needed saving as they...

Re: Why do people expect to be let off Negative Equity? You made a promise, stick to Banks are being bailed out to ensure that all our wages or dole payments have some way of being distributed to us. To make sure that cash stays in the ATM, to make sure that your insurance payment goes...

Re: Why do people expect to be let off Negative Equity? You made a promise, stick to This is definitely the intention, but I think the public and media need to keep an eagle eye on this to ensure that they don't wriggle out of it.

Re: Why promised to pay it back, why not stick to your word? The rules do apply! Your promise to pay is not predicated on your continued employment at the same wage. You agree to take on the risk of there being any differential between the two and perhaps should take out insurance to cover...

Re: Why promised to pay it back, why not stick to your word? Clearly I'm some sort of a capitalist nut who wants to grind Orphans up for sausage meat. but I do think that if you took someone's money and said you would pay it back, well, then, you should really pay it back.

It doesn't matter that you owe more than it is worth, if you can pay, just suck it up!

Re: Is there any law to stop an EA advertising a property at an unbelievably low pric oh sorry I missed your point, I was working on the assumption of the "Best property" they could afford, I see what you mean now ;)

Re: Is there any law to stop an EA advertising a property at an unbelievably low pric Perhaps the consultant in Blackrock should get paid more than the consultant in Wexford? Local pricing based on supply and demand and all that.

Re: Is there any law to stop an EA advertising a property at an unbelievably low pric 3 times the salary of the person buying the house. So this means, chockingly I know, that a consultant surgeon can buy a nicer house than a shelf stacker! Maybe shelf stackers can't even buy a property at all...

Re: Reasonable Offers? Also, take anything the EA tells you with a large pinch of salt. They may tell you how long the property has been on the market "at this price" but they are unlikely to tell you it has been on the market for a year with no interest. Believe it or not many EA's are still...

Re: Reasonable Offers? One thing, 365k is only 5% under the asking price, that is very very little. Try looking at www.irishpropertywatch.com to see how many times your property has been reduced in price and how long it has been on the market. Also see what price other houses in the area have...

Invest the money for 5 years, by then the market will have bottomed out and you will be the only cash buyer in town. The world will be your oyster.

I think this is the safest approach.

One positive aspect to the property boom is that there have been some really nice renovations of older buildings. Hopefully this has extended the lives of these buildings considerably. Thanks to the rich for their selfless contribution to maintaining our heritage!

Does anyone know why comments are not being published for this article?

I still want to wish you all the best with this.