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The Sunday Independent: The Comical Paddies of Irish Journalism

Read more about: Housing, Irish Politics, Media

Irish journalism

The housing market is beginning to show initial and tentative signs of recovery, with prices expected to rise again outside Dublin before the end of 2008.

Since the reform of stamp duty by Finance Minister and Tanaiste Brian Cowen in the Budget on December 5, there have been initial indications that, although the slump has not been reversed, it has certainly slowed, with increased signs of activity reported throughout the country and some evidence that at least some confidence is slowly returning to the marketplace.” (Sunday Independent, 23 December 2007)

5 Responses to “The Sunday Independent: The Comical Paddies of Irish Journalism”

  1. # Comment by Cian Dec 23rd, 2007 14:12

    with banks not lending cash to each other and interest rates likely to rise in the Euro-area? I dont bloody think so.

    That is before you consider the amount of excess stock potentially around the place

  2. # Comment by Dan Sullivan Dec 23rd, 2007 18:12

    I was looking out to see if Bertie was going to have a go at the ESRI for talking down the economy with their prediction of 2.3% growth and only 8,000 net new jobs compared with the budget numbers of 3% and 20,000.

  3. # Comment by John McDermott Dec 23rd, 2007 20:12

    Its hard to realize that only a year or two ago there was not one “Affordable home” availible from any local council, and a lottery for the few that came availible.. now you can take your pick!!
    http://www.affordablehome.ie
    http://www.soldiersofdestiny.org/affordablehousescam.htm

  4. # Comment by Aaron McDaid Dec 29th, 2007 01:12

    Cowen made clear on budget day that he does NOT believe the stamp duty changes will slow the prices falls. In fact, he made clear he doesn’t want to reinflate house prices again. Cowen is no idiot, but he can’t stop idiots from thinking that he agrees with them!

    We’ll see an increase in volume, and hence in the rate of price falls, because of the various property related changes in the budget.

  5. # Comment by Aaron M Dec 29th, 2007 11:12

    Anyway, never mind house prices. When are we getting the stock market crash?

    Aaron M (was McDaid, I keep forgetting that I intend to stop using my surname online!)

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