Sunday, February 19, 2012

Lazy Sunday Service

I gave my 'Prospects for the Irish Property Market' talk in Galway on Thursday. It's not the cheeriest of presentations. I got told afterwards that shots of whiskey should be at hand for all everyone in the audience. Every sector of the market is deep in the doldrums at present, with the situation set to get worse before it gets better. Our interaction graph module relating to house prices can be found here (or by clicking on the image right). As you can see, nationwide houses are down 47% (54% Dublin) and apartments are down 57% (Dublin 58%). 1 in 7 mortgages are more than 3 months in arrears or have been restructured, 1 in 3 are in negative equity.

My posts this week
Seven shots of noir
Review of When Money Dies by Adam Fergusson
Which country is the next big thing in crime fiction?
Lifting the load: Help for people with mortgage arrears
Review of Nobody's Perfect by Donald Westlake
On a high wire
The long walk

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