There are three caveats that should accompany any forecast of property prices (1) none of us has a crystal ball and there are so many variables in how property prices change that, at best, you are getting an informed opinion and (2) when forecasting a “market”, you are not forecasting individual transactions, and property is [...]
Archive for December, 2011
Irish property prices in 2012
Posted in Banks, House Price Database, Irish economy, Irish population, Irish Property, NAMA, Northern Ireland, Politics, vacant property on December 31, 2011 | 13 Comments »
New Year video messages
Posted in Greece, Irish economy, Politics on December 31, 2011 | 1 Comment »
It seems that Michael D and Enda wanted to clear their desks on 24th December so that they’d have a clean run in their holidays over the Christmas-New Year period, and both issued their videos with seasonal greetings last week. From many perspectives though, it is the New Year message from German chancellor, Angela Merkel [...]
Flight of private sector deposits from State-supported Irish banks continues to slow in November 2011
Posted in Banks, IMF, Irish economy on December 30, 2011 | 7 Comments »
In December 2011, the Department of Finance issued what it called an “information note on the reporting of deposit trends at Irish banks” where it claimed “customer deposits in the Irish Covered Banks have been stable since the middle of the year and in more recent months have shown modest growth in aggregate terms”. The [...]
UK residential property down 1.2% in December 2011
Posted in Irish Property, NAMA, Non-Irish property, Northern Ireland on December 30, 2011 | Leave a Comment »
The Nationwide Building Society has this morning published its UK House Price data for December 2011. The Nationwide tends to be the first of the two UK building societies (the other being the Halifax) to produce house price data each month, it is one of the information sources referenced by NAMA’s Long Term Economic Value [...]
NAMA in 2012
Posted in Banks, Developers, Irish economy, Irish Property, NAMA, Non-Irish property, Northern Ireland, Politics, vacant property on December 29, 2011 | 7 Comments »
“If past history was all there was to the game, the richest people would be librarians” Warren Buffett There will be a review on here of NAMA in 2011, but it will be published over the New Year holiday when we’re likely to be nursing hangovers. This is a look forward into 2012 at one [...]
Post-Christmas spinning classes start early for NAMA
Posted in Banks, Developers, NAMA on December 28, 2011 | 14 Comments »
You would have thought this would be a quiet week for news reporting at NAMA, but it seems the Irish Independent has discovered a few nuggets which seem to cast NAMA in an uncharacteristically benign light. But stick the nuggets under a microscope and they start to look just a leeettle suspicious. Yesterday the Independent [...]
2011 in pictures
Posted in Banks, Developers, Hotels, Irish economy, Irish Property, NAMA, Non-Irish property, Politics, vacant property on December 26, 2011 | 6 Comments »
Yes some of us might be braving the after-Christmas sales, or venturing out for brisk walks and fresh air, but the rest of us are struggling with over-indulgence and the remote control. So here’s a review of 2011 in pictures which hopefully won’t distract too much from holiday relaxation. First up, during the year the [...]
Happy Christmas from NAMAwinelake
Posted in Banks, Developers, Irish economy, Irish population, NAMA, Politics on December 24, 2011 | 16 Comments »
The empty place setting The Poles – those lads who helped build this country in the 2000s, whose home country’s economy will grow by 4% this year, where debt:GDP is 57%, where Dell relocated to, whose train facilities are like something from the 21st century, which is hosting Euro 2012; but enough, it’s Christmas – [...]
Stop press: NAMA publishes new foreclosure list of properties
Posted in Developers, Irish Property, NAMA, Non-Irish property, Northern Ireland on December 22, 2011 | 17 Comments »
(The new properties added in November 2011, click to enlarge) NAMA has today published its now regular monthly list of properties subjected to foreclosure action. The full list is here, the list of new properties added is here, and you will find previous editions of the monthly list which was first launched in July 2011, [...]
Fine Gael called “LIARS” in metre-high lettering on Grafton Street premises
Posted in Irish economy, Irish Property, Politics on December 22, 2011 | 95 Comments »
In terms of top prize for political incompetence in 2011, you’d be hard-pressed to find a better example than the farce that has surrounded the issue of Upward Only Rent Reviews (UORR) in commercial leases; remember both Labour and Fine Gael had promised to abolish UORR terms in existing commercial leases so that tenants would [...]
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Recent Posts
- Northern Ireland’s residential property price collapse – the worst in the world?
- Are we recovering?
- NAMA’s report and accounts for Q4,2011
- 30-minute guide to the ESM and Fiscal Compact treaties
- Fiscal Compact referendum – final weekly review
- NAMA in negotiations to build major new office block in central Dublin
- NAMA tackled about its protocols for the disposal of assets amid concern at Cork sale
- Of the Week..
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Recent Comments
JP on Northern Ireland’s residential… Jake Watts on Northern Ireland’s residential… who_shot_the_tiger on Northern Ireland’s residential… who_shot_the_tiger on Northern Ireland’s residential… gerhard dengler on Are we recovering? Twitter Updates
- @OwenCallan Thanks! How many negatives make for a downgrade, I suppose. An Taoiseach says it *will* be just one more. 1 hour ago
- Northern Ireland’s residential property price collapse – the worst in the world? wp.me/pNlCf-2Es 7 hours ago
- @brianmlucey @declanganley @GTCost The IRL experience is that some patients should be let die. 9 hours ago
- @joehas @declanganley @brianmlucey @GTCost I get the impression it's forcing itself back on the table after Bankia. 9 hours ago
- @declanganley @brianmlucey @GTCost You set up a NAMA to suck out the poison OR hope the patient fends for themselves OR let the patient die 9 hours ago
- @OwenCallan Hi Owen! Has any ratings agency said it *will* downgrade IRL if there is a no vote;All S&P said no wd be credit neg in s-term 11 hours ago
- PIIGS yields mixed;SPN/ITA up at 6.5/5.7% as Bankia gets €19bn bailout; what’s SPN for “cheapest bailout in history” wp.me/PNlCf-19r 15 hours ago
- @YJB57 You never know! Peter Mathews giving a candid assessment of the Compact before Thursday could just be this vote's black swan event. 16 hours ago
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