The Second Wave: How Development loans were banked and RIP’s The fact that NAMA is now set to leave loans under €20 million with the banks is debunking the justification for its original creation.... Continue reading
The reason why mortgage rates don’t have to go as high as bond rates. Dr. Peter Bacon made an interesting quote stating that he thought that "The first is I think households are going to be more cautious ... Continue reading
Where do we go from here? It’s up to you… This is a guest post from blogger/web-commentator we know as Spqr64, he is an active poster on a site called The Property Pin. We are d... Continue reading
Why a borrower bailout is not likely The EBS is on the block and there have been countless headlines regarding the idea that debts might get written down by Wilbur Ross if ... Continue reading
Hugh Hendry talking Hedgies The inimitable Hugh Hendry talking about his own industry, I find him to be a really straight talker who doesn't mince his words. Love ... Continue reading
Who shall we tax next? Progressive DIRT The government will be hard pressed to decide who to squeeze next, if you go after the poor (which we take to be people earning less th... Continue reading
Anglo, new ‘Bad bank / Bad bad bank’ plan We are anaesthetized from outrage at this point when it comes to Anglo Irish Bank (or if you are a eurosceptic who doesn't understand a... Continue reading
‘Plan B’ for arrears There is a strange situation occurring in the Irish property market, arrears are rising rapidly, stock of repossessed homes is on the i... Continue reading
Mortgage Arrears for the first half of 2010 We expected a 10% increase in mortgage arrears for the first half of this year, moving the total from 32,321 households to 35,531, how... Continue reading
What is happening with Irish Bonds? With our bonds auctions making news (in the past bond auctions were dreadfully boring affairs) and the recent S&P downgrade on the ... Continue reading