Month: September 2009

NAMA: Will it stabilise the market or reflate the bubble?

NAMA: Will it stabilise the market or reflate the bubble?

NAMA and the property market: Will it just reflate the bubble?So far the main focus of NAMA has been what impact it will have on the banks. But probably the greatest impact will be the change it will have is on the Property Market. So are the possible outcomes of NAMA?

Scenario 1:
The Government takes on developer loans; Irish banks get cash and start …

Open House Dublin 2009

Open House Dublin 2009

House in Grangegorman taking part in this years Open House Event

Open House Dublin is a free event, allowing citizens to explore the architecture of their city. From October 8th to 11th buildings around the city will be opened for a time and tours will by given by architectural professionals and enthusiasts.

The Irish Architecture Foundation initiated Open House Dublin in 2006 and this year approx 15,000 people are expected …

Which is fair: Stamp Duty or Property Tax?

Which is fair: Stamp Duty or Property Tax?

Which is fair: Stamp Duty or Property tax?

The Commission on Taxation report recommended moving away from our reliance on transaction taxes such as stamp duty and to introduce a Property Tax which would provide a more stable stream of revenue.

New homeowners would be exempt from paying the property tax for a 7 year period from the year they paid (probably a hefty) stamp duty – …

MyHome.ie launch property search iPhone App

MyHome.ie launch property search iPhone App

NEW MyHome iPhone App

MyHome.ie is first in the market in Ireland to launch a mobile property search for the iPhone and it’s FREE!

The new app which can be used on the iPhone and iPod Touch offers users on the move the ability to search for 1000’s of properties for sale in Ireland.

Using GPS technology, the app allows users …

NAMA is coming… will it save us?

NAMA is coming… will it save us?

NAMA is coming... will it save us?

Minister for Finance Brian Lenihan hopes to release the legislation bringing the National Asset Management Agency (NAMA) into play over the coming weeks.

Yesterday was the deadline for Irish banks to report back with a detailed breakdown of their property portfolios, giving NAMA its first chance to review loans across several banks. …

Carbon Tax: To be or not to be introduced?

Carbon Tax: To be or not to be introduced?

Carbon Tax

The report on taxation is due out this month and while it looks like there is a strong possibility that the introduction of a property tax and water charges maybe postponed for a later date, a carbon tax is still on the table. So why introduce a carbon tax and how much will we have to pay?

There are a few reasons as to why …