Tag: dublin
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Good morning deer
One of the nicer things about Ireland is the Phoenix Park. Amazingly tame deer, looking good nowadays w full antlers (‘pointy things on them heads’ as the toddler declaimed)
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Only the tax system can save the Irish housing market…
In a country that is only 4% urbanized to have a scarcity of land for building takes quite some doing. It takes generations, generations in which the political class, and those who elect them, ignored best interests of long-term planning; The budget next week as an opportunity to begin to undo some of this, but…
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Yes, Dublin property really is in a (nominal) bubble
I have written a number of times about the usefulness of the Phillips GSADF test for bubble detection. It has been used extensivly for bubble detection. google “gsadf bubble” if you dont believe me. So…
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It may not be a technical house price bubble but it sure looks like one..
so…. another CSO release of house price statistics. Recall that a bubble is where prices deviate fundamentally from their warranted levels. We know that there are massive supply constraints in the dublin region so we should see house price appreciation. But this much? The largest ever year on year percentage rise ? We are back to…
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Too late to stop a Dublin house price bubble?
And on it goes. The latest house price data from the CSO indicate the two Irelands continuing to diverge. On one hand we have Dublin (and to some extent the rest of the urban areas) growing like gangbusters, while on the other hand the stagnation intensifies in the rest of the state. This is clear…
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Bubbles in the Dublin Housing Market?
Is there a bubble in the Dublin house market? The latest figures might well give one pause for thought, with a 22% year on year increase, clearly unsustainable. However, this may not be the entire story. A newly developed statistical technique (see here and here for previous posts using it to talk about bubbles in…
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Earnings and House Prices In Ireland
So… House prices (defined here as all houses, national and dublin) have been rising steadily for some time now, since Q2 2012 in fact. And earnings (All sectors, average weekly wage) ? Not so much. But im sure it will be fine. Wont it?