A report released today from KBC bank indicates that first-time buyers need to be earning nearly €100,000 a year to secure a mortgage for a new home in Dublin. In the real world, that means at least 80% of Irish people are now priced out of the housing market in the capital. KBC’s study noted that the […]
One of the questions arising from our look at the role of cuckoo funds in the Irish property market is whether it is possible for states to curb their power and influence. Are there any countries which have been able to prevent international funds gaining a major foothold within their domestic housing market and pricing […]
Trying to own your own home, but it seems more and more out of your reach? BEN SCALLAN looks at issues on the demand on homes and on the taxes and levies that make the price of a new house more expensive #gript
One of the main issues in the recent election was housing. We live in a state where even those who can afford to in many cases cannot buy or rent a place to live. That is a major fail on any level. It is going to be exacerbated by the state’s plan to increase the […]
A new report published today has revealed that 92% of renters in Dublin Docklands are coming from abroad to work in the city – and they are pricing locals out of the rental market. The Docklands Residential Report 2020 is published by Owen Reilly Estate Agency which sells and rents homes in the area. They found that […]
“Housing”, we are told by the Irish left, “is a human right”. It’s an interesting statement, in that it is both ambitious, and hugely limiting. On the one hand, there clearly is a human right to shelter, and not to be left exposed to the elements. On the other hand, a “house” is not a […]
Housing Minister Eoghan Murphy has survived a vote of no-confidence, mostly because Fianna Fáil abstained from voting against the government they continue to prop up despite the crisis in health and housing. The vote took place on the same day that the Department of Housing released October figures showing that another new record has been set […]
The big news this morning is that the Social Democrats have decided that the time is ripe for a vote of no confidence in Eoghan Murphy: “THE SOCIAL DEMOCRATS are to table a motion of no confidence in housing minister Eoghan Murphy. Party co-leader Róisín Shortall confirmed this morning that the party will publish the […]
The most unforgettable line of the timeless 1939 classic ‘Gone With The Wind’ is the last words of Clark Gable’s character Rhett Butler. In the final few scenes of the movie, Vivien Leigh’s character Scarlett O’Hara – in desperation – asks Rhett “Where shall I go? What shall I do?” He coolly responds “Frankly, my […]
Can’t get a mortgage? Liam Coughlan of Aontú says the council should be helping to provide homes for people to buy, because vulture funds won’t do that.