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Peyton estate, Rathcoole. Laura Hutton via Rolling News

Only one Irish county has an average house price under €100,000

The CSO’s property price index shows that house prices have risen sharply in the past year.

THE CENTRAL STATISTICS Office has published its residential property index for May, which shows the average price being paid for a home is €197,699.

As a whole, residential property prices at a national level increased by 11.9% in the 12 months to May.

This compares with an increase of 10% in the 12 months to April and an increase of 5.4% on May 2016.

In Dublin, house prices are up 11.5%, while apartments are up 8% in the same period. The biggest house price growth was in South Dublin, at 12.4%, while the lowest growth was in Fingal, with house prices rising 6.8%.

The biggest annual change in house prices across Ireland is found in the south-east of the country, rising nearly a fifth (18.6%) in the past 12 months.

County breakdown

chart CSO.ie CSO.ie

Across the country, only Longford had an average house price that was under €100,000.

Longford’s average price was €90,502, closely followed by Roscommon with €101,242 and Donegal with €115,147.

The most expensive place by council district was Dun Laoghaire-Rathdown, where the average house cost €564,034.

Outside Dublin, Wicklow had the most expensive house prices in Leinster, with an average price of €317,585.

Cork had the most expensive homes in Munster, with an average of €211,933.

In Ulster, Monaghan had the highest average house price at €132,665.

Since property prices reached their lowest in Ireland in early 2013, the average price of homes in Ireland have increased by 68.1%, according to the CSO.

Dublin residential property prices have increased has increased by 68.1% over this time.

Commenting today, Davy Research said the average mortgage approval to first-time buyers increased by 10.2% in the 12 months to May, to €208,400.

“Looking forward, we expect rising incomes and leverage will continue to drive Irish house prices higher,” a statement by Davy Research said.

“Given that there are now just 21,000 homes listed for sale (around 1% of the housing stock), would-be buyers will almost certainly seek to take out more highly leveraged loans as they compete for homes.”

Read: ‘A crisis of unprecedented scale’: How will the Government end family homelessness?

More: Housing minister publishes emergency legislation to close planning permission ‘blunder’

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32 Comments
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    Mute Decko Kelly
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    Aug 20th 2018, 7:45 PM

    And a half a million people going to see the pope. HAHA

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    Mute B-Tech Roadman
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    Aug 20th 2018, 8:26 PM

    @Decko Kelly: Pope this and Pope that. People are quick to forget that if it wasn’t for the catholic church, we wouldn’t have one of the most educated work forces in the world.

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    Mute Decko Kelly
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    Aug 20th 2018, 8:29 PM

    @B-Tech Roadman: Ye good point. Once people are educated it’s ok to abuse children.

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    Mute B-Tech Roadman
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    Aug 20th 2018, 8:30 PM

    @Decko Kelly: But shur I know that. Lets not forget the good they did. Can’t be all bad

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    Mute Decko Kelly
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    Aug 20th 2018, 8:47 PM

    @B-Tech Roadman: say that to the victims and their families.

    117
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    Mute Daveinson
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    Aug 20th 2018, 8:47 PM

    @B-Tech Roadman: how naive of you to think that a secular society would operate without schools. Governments fund schools religious or not. We unfortunately trusted them to care for our children for a few generations but that is changing.

    110
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    Mute Noel Tate
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    Aug 20th 2018, 8:51 PM

    @B-Tech Roadman: we have a well educated workforce. Don’t lose the run of yourself.

    If we didn’t allow the church to run our schools then we would have had state run schools instead. The curriculum is set by the department of education so I think we would have been fine. Probably even better than our high standard now as students wouldn’t have wasted hundreds of hours learning prayers and backwards teachings.

    When the “bad” that happened was as extreme as what that evil organisation did and then intentionally tried to cover up, then yes, we can forget about any good which they did.

    The RCC is a scourge on the Irish people. The sooner the better they are completely separated from any state roles (eg education).

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    Mute B-Tech Roadman
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    Aug 20th 2018, 8:52 PM

    @Daveinson: We hadn’t a pot to piss in or a window to throw it out before the 1970′s.

    43
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    Mute Gareth Cooney
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    Aug 20th 2018, 8:53 PM

    @Decko Kelly: Never confuse the messenger with the message.

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    Mute Richard W. Kendall
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    Aug 20th 2018, 9:08 PM

    @Noel Tate: Tell us how you really feel, don’t sugar coat it! There’s waiting lists to get into many of the Catholic high schools in the Boston area. Individuals, myself included, if we had to do it over, wouldn’t even think of not attending a RCC high school! The education is years ahead of the public school zoos!

    38
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    Mute Richard W. Kendall
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    Aug 20th 2018, 9:08 PM

    @Noel Tate: Tell us how you really feel, don’t sugar coat it! There’s waiting lists to get into many of the Catholic high schools in the Boston area. Individuals, myself included, if we had to do it over, wouldn’t even think of not attending a RCC high school! The education is years ahead.

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    Mute GClare
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    Aug 20th 2018, 9:21 PM

    @Noel Tate: the state and society (No matter how much they feign innocence) were happy for the church to take these roles, no one else would.

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    Mute Daveinson
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    Aug 20th 2018, 9:56 PM

    @Richard W. Kendall: it must be the colour of your religion.

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    Mute Treabhair Coulahan
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    Aug 20th 2018, 10:15 PM

    @B-Tech Roadman: your clown mate !

    12
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    Mute Liam Doyle
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    Aug 20th 2018, 10:24 PM

    @Noel Tate: you really don’t understand how poor we were. There would have been no schools or hospitals if the church didn’t provide them back in the day. Ireland wasn’t always like this.

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    Mute Dave Mullan
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    Aug 20th 2018, 10:35 PM

    @B-Tech Roadman: f##k off

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    Mute Noel Tate
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    Aug 20th 2018, 10:40 PM

    @Richard W. Kendall: I never said the education wasn’t good. They are teaching a curriculum set by the department of education. They are not “years” ahead of non religious run schools.

    The fact that people may be queueing for catholic run schools in Boston has zero to do with my point which was; when an organisation has committed as much sexual abuse, rape of children, murder of babies and toddlers, phycological abuse, child neglect and intentionally tried to cover it up, regardless of what good they have done they no longer have any place within our state education system.

    42
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    Mute Noel Tate
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    Aug 20th 2018, 10:43 PM

    @GClare: that
    1: Doesn’t have any affect on my point and
    2: Doesn’t change the fact that priests in Ireland raped hundreds (if not thousands) of children in Ireland and intentionally tried to cover it up. They still raped children, even IF people knew about it.

    28
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    Mute Noel Tate
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    Aug 20th 2018, 10:46 PM

    @Liam Doyle: I do, I know the role which the RCC played in running our education system and health care. However that doesn’t change the fact that they abused their power. They raped children, the murdered babies and toddlers and attempted to cover it all up.

    My point that any good they done does not outweigh all the child rape and murder which they committed still stands.

    25
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    Mute Gaius Gracchus
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    Aug 20th 2018, 11:48 PM

    @Liam Doyle: I’m very disheartened to see that both you and ‘B-Tech Roadman’ have been failed by the incredible Catholic Education you both clearly received, it’s almost as if both you somehow completely lost the capacity to think, and research for yourselves.

    Contrary to your ignorant statement, quote; “There would have been no schools or hospitals if the church didn’t provide them back in the day.”

    There was a school and hospital system in Ireland ‘back in the day’, from 1831 in fact, and it was far more tolerant and advanced than the Catholic School system we have today.

    ‘National schools, established by the British Government with the Stanley Letter in 1831, were originally multi-denominational. The schools were controlled by a State body, the National Board of Education, with a six-member board consisting of two Roman Catholics, two Church of Ireland, and two Presbyterians.’

    27
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    Mute PV Nevin
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    Aug 21st 2018, 12:33 AM

    @B-Tech Roadman: Look up Vere Foster.
    The churches are masters at painting a face for themselves as veibg selfless and tireless toilers when in fact they hijacked resources in collusion with the state, and squeezed the poor with blackmail and threats. All with sanctimonious espousals. Sickening. However, the chickens are coming home to roost. The ground is shifting. One can smell panic from the liars, and this pope’s visit has backfired. In a big way.

    16
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    Mute PV Nevin
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    Aug 21st 2018, 12:38 AM

    @Gaius Gracchus: Good man Gaius!

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    Mute B-Tech Roadman
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    Aug 21st 2018, 1:54 AM

    @Gaius Gracchus: Well you can’t use semicolons or quote correctly so I’ll not lose sleep. I’m well able to think for myself and I’ve done so.

    Regardless of how it started, the catholic church still had a fundamental part to play in our education. Whether your massive ego likes it or not.

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    Mute B-Tech Roadman
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    Aug 21st 2018, 1:59 AM

    @PV Nevin: You’re gone into tinfoil hat territory good sir

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    Mute Brendan Oconnor
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    Aug 21st 2018, 3:35 AM

    @B-Tech Roadman: bull sh it

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    Mute Liam Doyle
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    Aug 21st 2018, 8:29 AM

    @Gaius Gracchus: there were some slight political and economic changes circa 1922. Is your assumption that because the British could provide education & healthcare to a select, wealthy few in the 1830s then the impoverished Irish state could automatically provide same for all from independence onwards? Where did you fail to be educated exactly?

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    Mute Nial D
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    Aug 21st 2018, 9:17 AM

    @B-Tech Roadman: man you are some

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    Mute O Swetenham
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    Aug 21st 2018, 10:02 AM

    @B-Tech Roadman: Lunatic

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    Mute Dave Slater
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    Aug 20th 2018, 7:44 PM

    Yes, but is the movie any good?

    117
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    Mute Shane Corry
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    Aug 20th 2018, 10:03 PM

    @Dave Slater: Perhaps. What this article doesn’t mention is the film grossed $1.4M worldwide in the opening weekend. The $618 was only in the US – limited to 11 cinemas / 14 showings. So a fair few people globally must have thought it looked worth going to see.

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    Mute D H
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    Aug 20th 2018, 11:08 PM

    @Dave Slater: not great to be honest

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    Mute Pat Patovic
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    Aug 20th 2018, 11:35 PM

    @Dave Slater: It is not bad actually. I liked it.

    11
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    Mute PV Nevin
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    Aug 21st 2018, 12:42 AM

    @Shane Corry: The witch-hunts developing around Spacey et al is a very, very dangerous phenomenon.
    “First they came for Weinstein. Now they will come for you”.

    17
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    Mute andyearley
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    Aug 20th 2018, 8:15 PM

    Why are comments allowed on this article but not on the #metoo article about he sex pest female actor? ???
    Huh?

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    Mute Dave O Keeffe
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    Aug 20th 2018, 8:18 PM

    @andyearley: because it’s not about a legal case, the other one is.

    37
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    Mute andyearley
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    Aug 20th 2018, 8:24 PM

    @Dave O Keeffe: yeah but there are legal cases going on with spacey too. So comments about those cases could be published on this article.

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    Mute Dave O Keeffe
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    Aug 20th 2018, 8:26 PM

    @andyearley: and they will be removed but as the legal cases are not the subject it removes the liability from the publishers.

    11
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    Mute andyearley
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    Aug 20th 2018, 8:31 PM

    @Dave O Keeffe: OK man. As least I can stop being outraged and just do the washing up now. Maybe

    28
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    Mute GClare
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    Aug 20th 2018, 9:22 PM

    @andyearley: because females aren’t sex pest!!!!!

    13
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    Mute Clear And Graphic
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    Aug 20th 2018, 9:31 PM

    @andyearley: The Denis O’Brien article two days ago had comments closed also – and it nothing to do with any court case.

    47
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    Mute B-Tech Roadman
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    Aug 20th 2018, 9:54 PM

    @GClare: well yer one clearly was

    15
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    Mute B-Tech Roadman
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    Aug 20th 2018, 9:54 PM

    @Clear And Graphic: The man who must not be named

    22
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    Mute Brendan Oconnor
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    Aug 21st 2018, 3:40 AM

    @andyearley: who gives a feck

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    Mute Do the Bort man
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    Aug 20th 2018, 8:26 PM

    Is there any nudity in it?

    28
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    Mute Liam Whelan
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    Aug 20th 2018, 9:45 PM

    @Do the Bort man: you mean like one of those French films?

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    Mute Brendan Oconnor
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    Aug 21st 2018, 3:37 AM

    @Do the Bort man: only if your Ma makes a cameo in it

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    Mute Ciarān
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    Aug 20th 2018, 7:47 PM

    Shame he’s a sex pest now, his acting skills are a loss to Hollywood

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    Mute B9xiRspG
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    Aug 20th 2018, 8:16 PM

    @Ciarān: accused but not proven or charged.

    91
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    Mute Ciarān
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    Aug 20th 2018, 8:25 PM

    @B9xiRspG: Yeah I agree just accused of being a sex pest by a number of credible sources. Either way his career is over and Hollywood is minus a great actor regardless of what crimes he did or didn’t do

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    Mute B9xiRspG
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    Aug 20th 2018, 8:46 PM

    @Ciarān: so much for innocent until proven guilty. All you need is some creditable sources, just zero proof.

    35
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    Mute B-Tech Roadman
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    Aug 20th 2018, 9:55 PM

    @Ciarān: ah he always a bit odd. Played that part in The Usual Suspects a bit too well if you ask me

    5
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    Mute Ciarān
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    Aug 20th 2018, 10:14 PM

    @B9xiRspG: Calm down there it’s not me accusing him lol

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    Mute Brendan Oconnor
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    Aug 21st 2018, 3:36 AM

    @Ciarān: shame yeah .. hahaha

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    Mute Brendan Oconnor
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    Aug 21st 2018, 3:40 AM

    @Ciarān: Your Ma’s a sex pest

    4
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    Mute Mr Grumble
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    Aug 20th 2018, 7:44 PM

    Old news

    14
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    Mute Decko Kelly
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    Aug 20th 2018, 8:09 PM

    @Mr Grumble: brand new to me.

    54
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    Mute Daveinson
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    Aug 20th 2018, 8:50 PM

    They released it on video in July. They are backwards over there.

    10
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