Year: 2009

Should NAMA provide mortgage support for homeowners?

Should NAMA provide mortgage support for homeowners?

Should NAMA provide a mortgage support plan for homeowners?

A new home-ownership support scheme that would help protect Irish families whose homes may be threatened by the downturn was proposed yesterday after the second stage of the NAMA legislation was passed on Wednesday night.

Eamon Gilmore said “The people who are having difficulty today in repaying their mortgages are those who had good jobs a year or …

The Extent of Price Falls in the Residential Market

The Extent of Price Falls in the Residential Market

The Extent of Price Falls in the Residential MarketShould a database of all Sales Prices be made available to the public? Or should such information remain private to the persons involved in the transaction?

The latest findings of the MyHome.ie Property Barometer show that nationally, asking prices have fallen 22% since the peak of the market yet plenty of sketchy evidence exists showing that actual sales …

Lisbon YES Result: Will we see markets return?

Lisbon YES Result: Will we see markets return?

Lisbon YES Result: Will we see markets return?

Ireland’s YES vote in the Lisbon referendum, “will improve our economic position” stressed Minister for Finance Brian Lenihan, he continued; “People don’t see a future for Ireland if we don’t have European markets and goodwill in them. They saw that goodwill to Ireland is vital for a small nation that depends on its trade.”

Many business groups also said …

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 – …

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