Many thanks to Budapestkick for recording Conor’s talk at the Cork launch of Sins of the Father in Solidarity Books, which he sent on to me today. Due to some technical difficulty getting the files online he suggested I host them here. By all accounts it was a great evening, a full house and from […]
Archive for the 'Irish property bubble' Category
We know what the Irish banks’ bad loans are. They’re going to be about one per cent of their loan books.
I don’t see the figures or the conditions that would suggest to me that this is a Swedish situation.” (Brendan Keenan, 30 September 2008)
And the big difference in twenty years? Money. Lots of it now. Back then, not enough.’ (Aine Lawlor, May 2006)
On 31 May 2006 RTE broadcast a ninety-minute documentary entitled That Was Then, This is Now. It consisted of nine personal reflections on Ireland and the changes the country underwent from 1986 to 2006. The contributors […]
[This is an extended version of an article which first appeared in Look Left, Summer 2010.]
There are those who will tell you that Ireland has a unique love-affair with property, that home-ownership is part of our DNA - a kind of Celtic mortgage double-helix which drives us to buy houses regardless of cost, need or […]
We have learned hard lessons and have taken difficult decisions. Our economy is now emerging from recession and Ireland is strongly fighting back. If we continue on this road, we will emerge from these tough times with a renewed unity of purpose and with a nation poised to regain the momentum that we knew not […]
A budgetary adjustment of €15 billion will be required over the next four years to reduce the State’s deficit to 3 per cent by 2014, the Government said today.”
I was just about to head off to bed when I read this on the Irish Times website: Minister rejects claim tax breaks fuelled over 2,800 ‘ghost estates’.
THE GOVERNMENT has rejected suggestions that tax breaks which encouraged residential development during the boom years fuelled the construction of more than 2,800 so-called “ghost estates”.
Minister of State […]
For Charlie McCreevy’s role in all of this, have a read of this post we published back in 2007.
Photos taken from ghostestates.com. Music by Blur.
From Austin Hughes, October 2007:
…the proportion of unoccupied dwellings here is slightly below the EU average. A surge in spending power that made ownership of holiday homes and accommodation for children […]
I covered this yesterday, but new figures were released today.
From the Irish Independent:
THE average price of a house dipped below €200,000 for the first time since 2002, new figures reveal.
A buyer of a house can now expect to pay €190,698, a national house price level not seen for eight years.
House prices peaked at €311,000 three […]