00:00 - 00:05 | We've had a housing crisis for years |
00:05 - 00:07 | Everyone is saying "do something!!" |
00:07 - 00:10 | We'll deal with it says the government |
00:11 - 00:16 | New ideas, new faces, colourful socks |
00:17 - 00:21 | Initiatives to increase demand |
00:21 - 00:24 | Demand |
00:29 - 00:31 | Demand! |
00:31 - 00:34 | People are desperate to buy houses and there's no supply |
00:38 - 00:40 | Demand |
00:41 - 00:47 | A new Minister comes in all gung ho |
00:47 - 00:50 | I'll sort it out he says |
00:50 - 00:56 | Concerned look on his face |
00:58 - 00:59 | Increases borrowing limits |
00:59 - 01:01 | Subprime borrowers |
01:04 - 01:06 | 2% loans |
01:06 - 01:08 | 5 times income |
01:13 - 01:14 | This is the great new plan |
01:14 - 01:16 | Run by the government |
01:16 - 01:20 | Who made an arse of the existing schemes |
01:21 - 01:27 | It's 2006 again! 2006! |
01:35 - 01:36 | This time it's different they say |
01:36 - 01:39 | It'll help people to buy |
01:41 - 01:44 | This won't drive up prices they have assured us |
01:44 - 01:47 | Sellers will be responsible |
01:47 - 01:49 | And not pocket the money |
01:50 - 01:53 | 320k |
01:54 - 01:56 | 320k |
01:56 - 01:58 | Everything's gone to 320k |
01:58 - 02:02 | Sellers can't believe their luck |
02:05 - 02:07 | We nearly sold at 255k |
02:10 - 02:11 | Overnight |
02:11 - 02:13 | 320k |
02:15 - 02:17 | We've people earning 30k throwing money at us |
02:17 - 02:20 | Outbidding people earning 70k |
02:21 - 02:28 | It's such a bad idea even Fianna Fail like it |
02:29 - 02:30 | Fianna Fail!? |
02:30 - 02:32 | The party who bankrupted us last time |
02:36 - 02:39 | It's like we never had a property crash |
02:40 - 02:42 | It's all been a bad dream |
02:50 - 02:55 | We're all going to get rich selling property |
02:56 - 02:58 | Did you make much last time? |
02:58 - 03:04 | I got out before the crash |
03:04 - 03:09 | I presumed we had learned our lessons |
03:09 - 03:11 | Don't drive up house prices |
03:16 - 03:20 | Along comes Fine Gael |
03:23 - 03:26 | Anything Fianna Fail can do |
03:31 - 03:36 | We can do better |