IT report on Latest Allsop Auction: 30 Nov 2011

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NorfBank

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92% of lots sold
50% cash buyers (down from 80%)
4 bed apartment in Santry went for €76,000

A first floor two-bed apartment at The Cubes in Beacon South Quarter, Sandyford, D18, with parking, sold for €152,000.
A good bargain for someone in the room but not such good news for Jim Kelly who was waiting for the lot to come up. His daughter bought a similar apartment in Beacon South Quarter four years ago for €420,000. “She told me not to tell her what it got,” he said.

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Interesting point in IT article:

A small group of protesters from a group calling themselves the Anti-Eviction Taskforce held a low-key protest outside the hotel. However proceedings came to a brief halt when one protester stood up in front of the auctioneer and warned about the “ill will” that could affect buyers of distressed property in communities.
Click to expand...
 
Wonder if the same people had "ill-will" towards those who had bought cheaper than them 10 years ago? Or if they suffered any pangs of guilt for selling their houses at hugely inflated prices over the past decade?
 
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