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Level of pent up demand will fuel Kilkenny house prices for rest of year

Level of pent up demand will fuel Kilkenny house prices for rest of year Reporter:   ); The level of pent up demand will fuel Kilkenny house prices for rest of year according to the property price index figures. Commenting on today’s CSO Residential Property Price Index for February, Brokers Ireland said a further rise in prices, this time a jump from 2.65% to 3% between January and February, reflects the strong demand amid decreasing supply – the latter down 8% month-on-month in February. Rachel McGovern, Director of Financial Services at the organisation which represents 1,225 Broker firms, said: “With large numbers of people chasing too few properties it is worrying in terms of prices for the remainder of the year.

Which way are house prices heading? Depends on the data

System in reverse

System in reverse What does Joe Biden’s massive Covid relief package mean for ordinary working class people? Daniel Lazare looks behind the Keynesian promises of jam today and jam tomorrow On March 5, America’s woefully unrepresentative Senate shot down a bid to more than double the minimum wage to $15 an hour by the year 2025. On March 6, however, it approved a Covid-relief bill worth $1.9 trillion, aimed at benefitting the country’s lowest-paid workers. From stinginess to generosity in a single day - what does it all mean? The answer is that, instead of requiring America’s endlessly celebrated small-business class to pay their workers more, the Democrats - who now control America’s upper house by a razor-thin margin - decided it would be easier to shift the weight onto future generations, in the hope that they will be in a better position to pay the debt off by virtue of being richer and more productive. Rather than forcing employers to up the ante now, the idea is

Condo prices continue to rise in Tokyo, other urban areas

Condo prices continue to rise in Tokyo, other urban areas Azusa Nakanishi, The Japan News Feb. 11, 2021 FacebookTwitterEmail Prices continue to soar for condominiums in urban areas, with new condos in the Tokyo metropolitan area marking their highest price level in 2020 since the bubble economy period. Although the concentration of people in Tokyo has eased due to the spread of telecommuting, the demand for new condominiums has remained high because the number of units on the market has decreased and the number of high- and dual-income households has increased. Families and couples were seen at a condo sales event organized by the real estate agency Open House Co. in Tokyo s Iidabashi district at the end of January.

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