John Mccartney

77 results

The Irish Fiscal Advisory Council has warned that although a sudden upsurge in house construction may be “necessary”, it would also be problematic in that it could spark “over-heating”. Photograph: Alan Betson

It seems it’s a case of “damned if we do and damned if we don’t” when it comes to fixing the crisis in the housing market. Estate agent Savills publ(...)

Surge into the rental market means  the vacancy rate across Ireland is now just 1.31%, or 1.41% in Dublin. Photograph: Bryan O’Brien

One in four people are now renting their home in Dublin, the highest figure since quarterly records began, with a new report predicting that the avera(...)

 People who bought between January 1st 2004 and the end of 2012 will get at least some relief on their mortgage payments until 2020. File photograph: Rui Vieira/PA Wire

The decision to abolish mortgage interest relief will lead to almost 300,000 mortgage holders paying more for their home loans. However, by tapering(...)

Minister for Finance Paschal Donohoe  announced a tripling of the stamp duty payable by purchasers in commercial property transactions. Photograph: Paul Faith/AFP/Getty Images

Minister for Finance Paschal Donohoe has announced commercial stamp duty refunds to purchasers of residential sites, if they start building homes on t(...)

“What’s actually happened is that people have had to stay out of the home ownership market due to difficulties in getting a mortgage, meaning pressure on the rental market has intensified.” File photograph: Getty Images

They’ve been singled out as playing havoc with the Central Bank’s efforts to put some manners on the housing market. Earlier this month, governor Phi(...)

An analysis by Savills shows house prices may return to peak April 2007 prices in Dublin by February 2020.

They said it wouldn’t happen again, but if house prices continue to rise at the current pace, peak prices will return in the Dublin area by February 2(...)

Full house: While retailers are seeing sales growth, only bars are seeing prices rise too. Photograph: Marco Cristofori/Getty

Bars are the only retailers experiencing both sales growth and rising prices, according to a report by property firm Savills Ireland. The study of t(...)

The rebound in household sizes reflects birth patterns. Between 2008 and 2013 we had a baby boom with more than 70,000 births annually.

Household sizes are critical to housing policy. For a given population they dictate both the number of housing units and the type of houses that we ne(...)

Minister for Finance Michael Noonan with governor of the Central Bank Philip R Lane. Are they right to dismiss the warnings of impending property bubble? Photograph: Dara Mac Dónaill

On the way down, we convinced ourselves it wasn’t happening, or at least most of us did. Warnings about the unsustainable nature of the Irish housing(...)

There is a vast swathe of young-ish, well-off-ish people out there who just want somewhere nice to live

Property porn, much like the real thing, is likely to make users feel a little empty inside after a brief thrill. Certain pleasure centres of the brai(...)

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