Tagged with: negative equity
Bacon's Mortgage Suggestion Does Not Add Up
Nat O'Connor 18/10/2010
Nat O'Connor: Peter Bacon has suggested that semi-state assets be sold, and the money used to pay off the negative equity part of mortgages, where younger households are struggling. (Interview in the Irish Independent, and further article on mortgage debt). On a purely economic level, this is an argument to increase demand and boost the economy. …
The 'Prodigal Son' Dilemma in Irish Mortgage Debt
Nat O'Connor 07/07/2010
Nat O'Connor: Mortgage payments are on a lot of people's minds these days, and there has been a fair deal of coverage in the media about negative …
Property Tax
Nat O'Connor 18/05/2010
Nat O'Connor: The Taoiseach has been talking about the introduction of property tax (Irish Independent, Irish Times). A part of this is tax on …
There are worse things than 'negative equity'
Nat O'Connor 06/10/2009
Nat O'Connor: There continue to be stories about falling housing prices (for example). We need to get some sense of what are reasonable housing costs …
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Paul Sweeney
Paul Sweeney is former Chief Economist of the Irish Congress of Trade Unions. He was a …
Robert Sweeney
Robert Sweeney is a policy analyst at TASC and focuses on issues surrounding Irish …
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Vic Duggan
Vic Duggan is an independent consultant, economist and public policy specialist catering …