Property Prices – Rent Still

Daft.ie tracks the asking prices of property in the country. Recently in the Irish Independent David McWilliams writes about the collapsing house prices and asks how far will they fall?

This is a valid question. I have written about this subject in the past and have pointed out the usual relationship between annual rents and capital value is about 12 – 14 to 1 by international standards. So if rent is €1200 per month the capital value of the house should be €144,000 to €168,000.

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Senator Dr Liam Twomey, Brian Lenihan and Beal na mBlath

Senator Dr Liam Twomey from Cork but residing in Wexford is unhappy that Minister for Finance Brian Lenihan Jr is addressing the Beal na mBlath Michael Collins Commemoration. Things change everywhere including in Ireland. The Irish Times reports his comments.

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Dempsey must go!

The MacGill Summer School in Glenties in Donegal has evolved into a major
jamboree for the political and governmental classes. It is extensively
reported in the press and makes the headlines. Many of the contributions
make important illustrative contributions to the national discourse on the
genesis and solutions to our problems.

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Eamonn Keane has TALENT

Lunchtime with Eamonn Keane was a good programme on Newstalk which had climbed to 68,000 listeners. I am very very disappointed that Eamonn Keane has resigned from Newstalk Radio, not merely because I like and respect him but because the station needs people of first rate ability and Eamonn has that. He is up there with Sean O’Rourke of RTE at the top of the rankings.

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Abortions in Britain

1047 girls aged 14 or younger had an abortion in 2009 and gthe figure was
1,097 in 2008. 17,916 abortions were carried out on under 18s in 2009.
Medical abortions involving pills only were used in 40% of the total. 2085
abortions took place on children who would have been born disabled or with
chromosome abnormalities.

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The Queen’s Speech and Eire!

The cliched House Journal of the Tory Party AKA The Daily Telegraph carried a report on the new Tory/Liberal coalition programme outlined in the Queen’s Speech. This State Opening of Parliament was first seen as it is
now in 1852. 22 Bills over 18 months will be introduced. The key reforms
that interest me include a Freedom Bill to scale back the DNA database,
restore the right to non-violent protest, Scrap ID cards and control the
proliferation of Closed Circuit TV. Local communities will be allowed take
over libraries and community centres that might otherwise close by forming
co-operatives.

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