2) Good article from #RTE detailing the current state of the #IrishHousing market. It seems likely that pricing has hit stall speed with the end of #COVID and the increase in inflation rates
IMHO, an increase in #housing affordability however is unlikely unless the number of units constructed is dramatically increased from ~30k units. I’ve seen various estimates in the past year which range from 40k to 62k.
#Mastodaoine #IrishHousingCrisis #IrishEconomy
https://www.rte.ie/brainstorm/2023/0427/1378859-ireland-europe-housing-market-analysis-spring-2023/
#rte #irishhousing #covid #housing #mastodaoine #irishhousingcrisis #irisheconomy
Rating agencies were shown to be a scam during the last crash (See 'The Big Short'), so I really don't understand why anyone takes any of their ratings seriously now.
https://www.rte.ie/news/business/2023/0422/1378477-moodys-upgrades-irelands-credit-rating-again/
#moodys #ratingagencies #scam #irisheconomy #creditrating
The global contraction in the fortunes of #SiliconValley companies is now making an appearance in #Dublin as Meta/Facebook opt out of occupying a major block of commercial property in the capital city
Where and how else will this contraction be felt in the #IrishEconomy?
#siliconvalley #dublin #irisheconomy #IrishTech