« previous next »
Pages: 1 [2] 3

Author Topic: Inflation  (Read 9583 times)

Offline mercenary for hire

  • Hero Member
  • *****
  • Posts: 12421
  • Karma: +0/-0
Re: Inflation
« Reply #15 on: May 31, 2018, 11:43:38 am »
Same reasons people bought at the top of the boom.Rent is/was far too high.

I'd say Vandriver would get lots if money off the banks but when business slows he'd be struggling to keep the gaff.Although he might already be loaded by now.
« Last Edit: May 31, 2018, 11:47:47 am by mercenary for hire »
Logged

john m

  • Guest
Re: Inflation
« Reply #16 on: May 31, 2018, 11:46:15 am »
Quote from: Rat Catcher on May 31, 2018, 11:42:38 am
It was all a lot easier when you just needed a letter from Tommy saying you earned £75,000 and have discharged all taxation liabilities. These days even CUs are looking for the current equivalent of SALs.

If that letter was false could you be charged with a Joint venture to defraud .In fact if you lost your home and could prove that the letter was knowingly false could you sue the issuer ?
Logged

Offline Rat Catcher

  • Hero Member
  • *****
  • Posts: 26802
  • Karma: +34/-65535
  • Part Time Amateur Scum
Re: Inflation
« Reply #17 on: May 31, 2018, 11:50:38 am »
I woulda thought the best person to sue would be the bank as it neglected to verify data submitted. I'm surprised the issue didn't raise it's ugly head during the last recession. We read of many taximen struggling with seemingly huge mortgages on Roy's during that time.
Logged
If it doesn't have a roof sign and door stickers it's not a taxi.

The Liffey Lip

  • Guest
Re: Inflation
« Reply #18 on: May 31, 2018, 11:52:37 am »
Quote from: john m on May 31, 2018, 11:39:22 am
You can see the Revolution on the way House on my road in Clondalkin X Corpo went up for sale for 275 sold for 288 fella driving a Taxi or a Van for a living is priced out of owning but the Mortgage would probably be less than renting a 3 bed family home .

When Walthamstow dog track closed down the east-enders knew they'd never be able to afford a drum in their manor....Essex and Kent beckoned. When people earning 2 decent wages knew they couldn't afford to live in Dublin...they ignored it and bought anyway. We just have no infrastructure to accommodate mass commuting...look at Newlands every day...
Logged

Offline watty

  • Hero Member
  • *****
  • Posts: 8653
  • Karma: +0/-0
Re: Inflation
« Reply #19 on: May 31, 2018, 05:45:20 pm »
Quote from: Rat Catcher on May 31, 2018, 11:42:38 am
It was all a lot easier when you just needed a letter from Tommy saying you earned £75,000 and have discharged all taxation liabilities. These days even CUs are looking for the current equivalent of SALs.
What are SALs?

Re inflation:  Didn't the new Central Bank rules force the banks to stress-test if new borrowers could cope if interest rate rose 5 or 6%?  So new borrowers should be ok for the first year or two of interest rate rises?
Logged
Getting old is compulsory whilst growing up is voluntary.

Offline Rat Catcher

  • Hero Member
  • *****
  • Posts: 26802
  • Karma: +34/-65535
  • Part Time Amateur Scum
Re: Inflation
« Reply #20 on: June 05, 2018, 12:20:53 pm »
Self Assessment Letter, replaced the old Notice Of Assessment and since replaced by ITSA Full Agreement acknowledgement.
Logged
If it doesn't have a roof sign and door stickers it's not a taxi.

Offline silverbullet

  • Hero Member
  • *****
  • Posts: 26702
  • Karma: +2/-0
  • You don't want to do it like that
Re: Inflation
« Reply #21 on: June 05, 2018, 04:27:01 pm »
Credit Union doesn't take a 300K house as collateral for a loan.
Only your shares are deemed collateral.
Funny fuckers.
Taking advice from the Central bank rules.
The same fuckwits who stood idly by while the country was driven over a fiscal cliff.
Logged

dalymount

  • Guest
Re: Inflation
« Reply #22 on: June 05, 2018, 07:29:17 pm »
The credit unions like to ive the inpression they are the poor mans bank.its bollox they charge more interest on loans then any fukking bank
Logged

Offline weird al wankovitch

  • Hero Member
  • *****
  • Posts: 530
  • Karma: +0/-0
Re: Inflation
« Reply #23 on: June 05, 2018, 10:08:31 pm »
Quote from: silverbullet on June 05, 2018, 04:27:01 pm
Credit Union doesn't take a 300K house as collateral for a loan.
Only your shares are deemed collateral.
Funny fuckers.
Taking advice from the Central bank rules.
The same fuckwits who stood idly by while the country was driven over a fiscal cliff.
Only found that out last week myself cunts
Logged

The Liffey Lip

  • Guest
Re: Inflation
« Reply #24 on: June 06, 2018, 08:27:25 am »
Quote from: silverbullet on June 05, 2018, 04:27:01 pm
Credit Union doesn't take a 300K house as collateral for a loan.
Only your shares are deemed collateral.
Funny fuckers.
Taking advice from the Central bank rules.
The same fuckwits who stood idly by while the country was driven over a fiscal cliff.

Ah they didn't...........they just kept printing money backed up by nothing....quantitative easing.
Logged

Offline Octavia1

  • Hero Member
  • *****
  • Posts: 21626
  • Karma: +0/-0
  • Ide rather be a poor master than a rich servant
Re: Inflation
« Reply #25 on: June 06, 2018, 10:08:52 am »
I wonder was there any evictions ordered by a credit union?
Ide be supporting them even tho they rob the hole off you.....
At least yur money isn't makin rich American investers richer if yu had it in the bank of Ireland
Logged
Ide rather be a poor master than a rich servant

The Liffey Lip

  • Guest
Re: Inflation
« Reply #26 on: June 06, 2018, 10:15:55 am »
Leo said yeaterday that Danske Bank is their choice for Govt accounts.....no joke....think about it for a minute.
Logged

Offline silverbullet

  • Hero Member
  • *****
  • Posts: 26702
  • Karma: +2/-0
  • You don't want to do it like that
Re: Inflation
« Reply #27 on: June 06, 2018, 05:36:29 pm »
Quote from: The Liffey Lip on June 06, 2018, 10:15:55 am
Leo said yeaterday that Danske Bank is their choice for Govt accounts.....no joke....think about it for a minute.
What happened to the account in Bank of New Delhi?
Logged

john m

  • Guest
Re: Inflation
« Reply #28 on: June 07, 2018, 05:51:20 am »
GET READY  for about a 2% increase in mortgage rates over the next 3 years .Mortgage rates increase so will rents ,less money for gargle and taxies ..https://www.independent.ie/business/irish/debt-cost-will-rise-as-ecb-signals-end-of-qe-36984035.html  Clear off your credit cards and bank loans then GET A GUN .
Logged

Offline silverbullet

  • Hero Member
  • *****
  • Posts: 26702
  • Karma: +2/-0
  • You don't want to do it like that
Re: Inflation
« Reply #29 on: June 07, 2018, 03:35:39 pm »
Quote from: john m on June 07, 2018, 05:51:20 am
GET READY  for about a 2% increase in mortgage rates over the next 3 years .Mortgage rates increase so will rents ,less money for gargle and taxies ..https://www.independent.ie/business/irish/debt-cost-will-rise-as-ecb-signals-end-of-qe-36984035.html  Clear off your credit cards and bank loans then GET A GUN .
It's easier to get  gun than a credit union loan?
Go figure!
Logged
Pages: 1 [2] 3
« previous next »
 


Show Unread Posts