Tag Archives: irish times

No.

It was the boogie.

Again.

Brexit blamed for fall in Dublin property prices (Irish Times)

Good times.

Property Clinic: How can I bring a low-rent property up to market rates? (Irish Times)

The Irish Times view on the housing crisis: how to fix a broken system (irish Times editorial)

Related: The Irish Times Property Porn Hub

Good times.

College living: the pitfalls of buying property for your children (Conor Pope, The Irish Times, subscriber only)

Previously: The Property Porn Hub

No Regrets

From top: Irish Times editorial on the EPA report which has prompted calls for cyclists to wear protective masks

Earlier this week, The Irish Times reported on a report published by the Environmental Protection Agency about nitrogen dioxide levels in Dublin.

In response, Cian Ginty, of Irish Cycle, writes:

Officials from the Environmental Protection Agency yesterday gave a stark warning on nitrogen dioxide air pollution, clearly making the link between excessive car use and human health.

in reaction, The Irish Times told us to wear cycling face masks and not to walk on busy roads and, this morning, used its influential editorial column to call for urgent action to… wait for it… have more monitoring.

More monitoring is needed, but using such an influential column to just calling for monitoring is a disservice to the residents of the city centre, and visitors of all types, be they workers, shoppers or tourists.

The bull in the China shop — the car — is hardly touched on in the article.

The Irish Times says the “capital needs a real-time map to highlight how bad the air has become in certain parts of the city” but what the capital needs is action — mainly focused on traffic reductions measures.

READ IN FULL: The Irish Times and air pollution: A dirty old newspaper protecting car use in Dublin City Centre (Irishcycle.com)

…Incomes around the average industrial wage are always difficult to fulfil the criteria,” says [Financial adviser Michael] Dowling.

Indeed, he ran an income of €37,000 for a single person through all the banks’ calculators and all he could come up with the amount they could borrow was bang smack in line with the Central Bankrules, of 3.5 times income.

This would give a total mortgage of just €129,500, or a purchase price of about €143,333.

While this would mean monthly repayments of about €530 a month, and would thus be affordable based on our would-be buyer’s net income of about €2,500 a month, it’s still unlikely to get our buyer very far in Dublin.

“If the loan amount is €129,500 then they’d need an exceptional deposit built up, or to get a gift, to buy in a Dublin context,” Dowling says.

It’s also important to remember that to qualify for just this amount, our applicant would also need to carry no further additional debt; a car loan or holiday loan would make that figure shrink even more

Can I buy a home in Dublin on an average wage? (Fiona Reddin, Irish Times)

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