All my friends like crash too much.

they all retired with fat FD said crash bring more opportunity.

Crash finished the weak one n make strong one stronger
got crash only got more up ma. It happen thousand times since 100,000 years ago.

I am not very fimilar with their livestyle, glad u find them entertaining. 

http://www.independent.ie/business/persona...e-30241835.html

THE Irish economy is not out of the woods. There are quite a number of things that could yet go seriously wrong, including in the banks and with the public finances. Even the recovery itself could falter.
If you want to worry, fret about these matters. There is much less to fear from property prices.

Developments in Dublin over the past 18 months in particular have led to talk of a bubble. While property prices could fall again if there was another recession or a big external shock, they are not going to fall because of the bursting of another bubble — for the simple reason that there is no bubble.

Many people react strongly to anyone who says that the recent uptick in house prices in the capital is not a bubble. This is understandable. The effects of the property and construction crash have so traumatised the nation that we have gone from being blase about the risks of property price increases in the pre-2007 period, to being paranoid about them now.

Assessing the extent to which property prices reflect the underlying fundamentals is not an exact science, but there are a whole series of metrics which should be watched and, when taken together, give a very good indication of the sustainability of price rises. When these metrics begin to get out of line with historical or international norms, it is time to start worrying. Currently, none of the warning lights are flashing.

After a price overshoot, there is usually an undershoot The very definition of an asset price bubble is that prices overshoot the level that all supply and demand factors suggest they should be at. When a bubble bursts, the process goes into reverse. Then, prices tend to undershoot for a variety of reasons, including the drying up of credit and the postponing of purchases by buyers in order to avoid immediate capital loss.

Dublin prices rose faster than prices outside the capital during the bubble. Since the crash they have fallen further. With prices in the capital in March of this year (the latest figures available) still exactly half what they were at the peak in February 2007, despite the rises since 2012, there is no sign of a bubble. The uptick over the past 18 months is much more about a correction of the post-crash undershoot.

Bubbles can't inflate without excessive credit

The growth in mortgage lending was extraordinary from 2002 until 2008. This was the central factor in inflating the bubble, as excessive credit expansion is in blowing up bubbles of most kinds.
(Country experienced Property Bubble Burst in 2008, among P,I,G,G,S some writer in Ireland now denied there is BUBBLE,    )

I always advise people not to joint name owned a property, even husband and wife, this is my always stand, as I had seen in real life how joint owned property become a deadlock situation whenever there is dispute.