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Archive for the 'Property' Category

“But most of them are honourable, good, solid people. And the point is that if you put your balls on the table, you get the reward or you get the kick. It can go one way or the other. Guys are now feeling the squeeze and if it goes on, a lot of them are […]

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Enda Kenny was speaking yesterday about the economy. He was at the Humbert Summer School, and although he didn’t mention free laptops for schoolkids, or annual reports, or segregation, or hijabs, he did however criticise the government, calling it “devoid of ideas.”
Now, we all know about Fine Gael and ideas. The average Fine Gaeler has […]

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Frequently, during my occasional trips back to Dublin, I find myself transformed into one of those sort of ex-pats that rattle off letters to the Irish Times once home complaining about everything. Where should I start, Mr. Editor ? - the litter, the general grubbiness, the inflated prices, the standard issue shellsuits, the obese teenagers… […]

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€15.685 billion.
That’s how much Irish people have spent in the past two and a half years in buying houses and apartments so they can rent them out to others. It adds up to 60,277 units, with an average mortgage of €260,215 for each one. First-time-buyers spent €19.168 billion on mortgages over the same period, on […]

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The Irish Independent has one of its usual pieces about rents in Dublin rising by 10%, so I’m going to have one of my usual pieces giving evidence to show the contrary.
Talking about rising rents probably has more to do with trying to convince investors back into the market than anything else.
There’s a […]

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The Irish Times portrays a schizophrenic relationship with Irish housing today (Friday), with one article assuring us that it is better to buy in Dublin than rent - and another one warning us about the ongoing property price crash.
Writing in the Finance section, Laura Slattery says that
AFFORDABILITY FOR first-time buyers continues to improve […]

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Remember Friday March 14 2008: it was the day the dream of global free- market capitalism died. For three decades we have moved towards market-driven financial systems. By its decision to rescue Bear Stearns, the Federal Reserve, the institution responsible for monetary policy in the US, chief protagonist of free-market capitalism, declared this era over. […]

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Here at Dublin Opinion, we don’t accept empty praise or the sort of ridiculous online fawning where one blog writer over zealously trumpets the skills of another blog writer in the hope of catching on the coat tails of their apparent popularity. Its rather distasteful, really.
But I have to publicly thank Tomaltach for the […]

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Global financial markets remain fragile while business and consumer confidence is slipping. Encouragingly, the ECB recently removed its threat to raise rates further and hinted that rates may fall.
I think the ECB will reduce interest rates two or three times in the coming year. This will boost sentiment towards the Irish housing market.” (”Maturing market […]

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I was talking to a member of the Socialist Party recently enough who admitted, with a certain defiant air, that she had never read anything by Karl Marx. It wasn’t that she was not interested in Marx’s ideas; rather that she didn’t feel the need. Being a member of a radical Left party and having […]

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