I’m shocked and stunned. The biggest business in terms of start-ups this year is the housing business. How is this the case when the dogs in the street are yelling that it is all going to collapse?
The latest figures come from Bank of Ireland and are being reported by RTE today.
Maybe the reality […]

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Anthony Cronin (I think) was writing in the paper over the weekend about the issue of skyscrapers in Dublin. He asserted that the reason we are enamoured right now with the prospect of building skyscrapers is because we no longer want to be seen as a small country and we need skyscrapers in order […]

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On RTE 1 right now, we have David McWilliams telling us that we are a bit stupid, investing in property and spending money like water and being out-competed by everybody and it is all going a bit Pete Tong.
On RTE 2 right now is the programme prosperity that is telling us that we are a […]

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According to RTE today, rents have reached an all-time high.
I blogged about this last week. It is now almost the same cost in many areas to rent or to buy.
My suspicion (my testable hypothesis) is that fear is now keeping the house prices down. Fear that the prices will fall further and fear […]

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David McWilliams has blogged about how the credit crunch will happen.
It is an interesting piece of reading and he makes the point that what will shake out soon is how some lending institutions were lending to people that should not have been given the money.
I have to say that I was nearly in the same […]

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