I see that the Now is a Good Time to Buy [NIAGTTB] crowd are back to sending out press releases. All bottoming out and slowdown in declines.
The usual suspects are saying that an average house price of €201,364 equals a kind of stability to the market. Well, it doesn’t. Given the type of employment we […]
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As one who has been involved in the Irish property market for 40 years and has experienced every type of market scenario, I am totally convinced that the market is currently in good shape and that anyone buying now will do extremely well in the years ahead. There is no better investment than Irish property […]
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It’s only been a year, but let us not forget that when it comes to cutting social welfare as a form of economic “pragmatism”, this is the Irish Times with some typical “pragmatic” economic advice.
From 4 April 2008.
Enjoy.
“BUYING A HOUSE CAN NOW BEAT RENTING
AFFORDABILITY FOR first-time buyers continues to improve as house prices fall, according […]
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The Kenny Report, the official title of which is “COMMITTEE ON THE PRICE OF BUILDING LAND, REPORT TO THE MINISTER FOR LOCAL GOVERNMENT ROBERT MOLLOY, CHAIRMAN MR. JUSTICE J. KENNY (DUBLIN,1974), was begun in 1971 and finally published in 1974. Its findings have never been implemented
Its recommendations formed part of the Green Party’s pre-election manifesto. […]
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This leaflet came through my letter-box today. It was waiting for me when I got home this evening. It’s from some shower called Northern Cross who are trying to flog-off one-bed apartments on the “Malahide Road” for €200,000. And who have they got to show us that these apartments are a good buy? Well, none […]
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“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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