Tag Archives | house prices

“there’s also an element of personal culpability”

From Harry McGee on his Irish Times Politics Blog:

There was a commuter from Kells giving out about the €200 per year charge. Now Kells is a long way to be commuting into Dublin every day. Sure, house prices in Dublin went crazy for years and people had to move out. But there’s also an element of personal culpability there. People wanted thousands of square feet of living accommodation and big gardens to boot. And if they wanted that, they had to endure the commensurate pain of a long (and increasingly expensive) commute. And those of us who live close to the city got proximity but have got small living spaces, much much smaller than the houses in which we grew up. That’s the compromise you make.

Couldn’t have put it better myself.

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Builders representative confirms decent houses for sale for €300,000

I was flicking through the “drive time” radio shows this evening on the bus on the way home (I’m sure my preference for listening to “the story” rather than “the show” or “the presenter” is a radio stations nightmare).

Anyway, on The Last Word I tuned in just at the end of an interview with Tom Parlon and an economist who’s name I don’t remember. I was reminded of some of the coverage given by Conor at Dublin Opinion with regards to the current cheerleading we have going on at the moment trying to get people to buy houses. (My friend Charlie was at it again today in the Indo).

Tom Parlon shared with us the fact that he was going to purchase a house and rent it out and cover his mortgage. He didn’t say where he’d buy, but intimated that it might be Dublin – “you will buy a very decent house in Dublin for €300,000 at the moment”.

Just over 6% of the houses for sale in “Dublin City” on Daft at the moment can be purchased for €300,000 or less. Double that amount of houses are for sale for over €1m. Not much choice amongst the “decent houses” – if people were actually buying.

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Irish Journalism – Follow the Money?

The theme for a couple of conversations with friends over beers over the Christmas was “follow the money”. See who benefits from the actions we see in day-to-day life, and see why something is done.

In the spirit of such conversations, this article from Dublin Opinions was sent on to me in the last few days.

Essentially, the gist of the article is that newspapers are talking up the property market at the moment as it may be in their financial interests to do so (either through advertising, or through the operation of owned websites) rather than actually reporting actual news.

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Fall in house prices crisis? What crisis?

Hey – Irish Times, you and your www.myhome.ie employees may not be able to read this having firmly inserted your heads in the sand, your recent efforts to stifle the flow of information regarding house prices on your website are ridiculous.

As reported here, and here, www.myhome.ie have changed their web development to display house prices as images, rather than as text.

This is now preventing excellent analysis of the falling asking prices for houses which used to be reported weekly on Trees don’t grow to the sky.

So, house prices are falling, everyone knows house prices are falling, but www.myhome.ie seem to think that by preventing any reporting of that fact that the opposite might actually become true and the general public might not find out. But hang on, aren’t these the people who’re selling the houses, and who can actually see on a daily basis that house asking prices are falling.

While I appreciate that this information on www.myhome.ie is proprietary information, the only positive thing about their action is if they’re going to publish their own reporting on the falling asking prices for houses. If they don’t, and if daft.ie follow the same course of action, it absolutely stinks!!!

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