Tag: investment mortgages
-
Illiquid and Insolvent? Some stylised facts from a survey on Irish residential property investors
Why do Irish Buy-to-let investors with underwater investments not sell? Well, the photo shows why. Theyre covering their interest cost, and anyhow cant take the hit. They dont even think the investments will do all that well in the short or long term. Oh, and a lot of them are just anchored to the price…
-
Buy to Let and other residential investments : why dont people sell?
One of the features of the Irish residential property boom and bust was the large number of people who purchased residential property for investment purposes. Figures for end 2012 suggest over 150,000 investment mortgages, accounting for some €31b. Now that the market has fallen a question that is often asked is why we do not…