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Tuesday 5 December 2023 Dublin: 5°C

# property crash

All time
Why is the potential collapse of a Chinese property group causing ructions across the world?
The cash-strapped behemoth has borrowings of $300 billion.
Catching a fugitive: How ex-solicitor Michael Lynn stayed on the run for eight years
Facing criminal charges, he could soon be back in Ireland.
Johnny Ronan use of notorious Nazi work slogan 'beyond comprehension': Shatter
The Fine Gael TD said the phrase was “synonymous with Nazi inhumanity”.
Young people might have to delay flying the nest due to rising rents
New research suggests that young people were able to leave the family home sooner than ever before after the financial crash.
Ireland's first-ever online property auction has been suspended because the website crashed
The auction, run by Allsop Space, had been due to finish this morning before hitting major technical difficulties
On the green: NAMA nets €5 million for €80 million Kildare golf resort
Original development costs for Moyvalley resort could have been as high as €80 million.
Bankrupt Jillian Godsil takes constitutional challenge to run in elections
The campaigner is fighting to be allowed run in upcoming elections, despite her bankruptcy.
Almost 50,000 mortgages have now been restructured
The Department of Finance’s latest figures shows the number of accounts in arrears has fallen since October last year.
Column: The fall of the Celtic Tiger – what next?
The scale of the economic and financial catastrophe that befell Ireland was virtually unprecedented in post-war industrial country history; we need to examine the inadequacies of the Irish policymaking process, write Donal Donovan and Antoin E Murphy.
Over 43,000 homeowners in arrears could have properties repossessed
The property owners are at risk of legal action once banks’ ability to seek repossession is restored following the passing of new legislation, a new report states.
Column: Tenants shouldn't pay the price for landlords struggling with mortgage repayments
There’s a crisis in the buy-to-let sector due to landlords falling into mortgage arrears and innocent tenants are getting caught in the chaos. Receivers have to realise people renting properties are not commodities, writes Bod Jordan.
Best place for US business folk to retire? Ireland.
Wall Street Journal sister site MarketWatch recommends Ireland as its top spot for a happy retirement.
Clare hotel and Dublin Georgian house in distressed property auction
The Kilkee Bay Hotel has a maximum reserve of €315,000 while a bar in Clifden, Galway has a reserve of €450,000.
Here is the week's news...skewed
Breaking via The Mire wire: Kerry priest tells children there is no God; Government pledge to help homeowners become homeless; Craig Doyle = why?
Property market could need decades to recover from bust, says Central Bank
A working paper shows Ireland’s property crash is among the most drastic in the world – and it may take years to recover.
Block of 119 apartments for sale for €26m
Development in Ranelagh, Dublin 6 being put to market with apartments, office space and car parking in one lot.
Sacred Heart convent in Roscrea for sale for €100,000
Latest distressed property features former convent in Tipperary with top reserve price of €100,000.
NAMA says it will give 2,000 homes for social housing. So far: there's just 58
NAMA had planned to fill 2000 homes by the end of 2012.
Entire Kerry housing estate sells for €235,000 at property auction
A castle in Kildare sold for €195,000 after attracting huge interest from buyers at the Allsop property auction.
The maps that explain the state of Ireland's property market right now
Researchers at AIRO have put together the maps which show average prices and rents for more than 1,000 areas across the country over the past five years.
Central Bank paper suggests house prices have 'over-corrected'
A research paper tries to examine why Irish house prices keep falling – and suggests the drop has gone too far.
Would you like a house for €15,000?
It’s in Cavan but it’s a two-bed semi-detached – just one of the ‘distressed’ properties in latest auction.
Poll: Is now a good time to buy a home?
Two house price reports are out today – both say house prices still falling, but one says that slide is now very slow. Tell us what you think…
Eamon Ryan: Greens predicted property crash but didn't do enough to warn people
In the final part of the series of interviews with politicians, Eamon Ryan explains how he hopes people will be willing to vote for the Green Party again by the next election
Reverse-bid auction “our only chance to sell our home”
Following’s story on unusual house sale in Westmeath, another Midlands couple says negative equity has forced them to look at alternative. But will it work?
Column: House prices need to fall further, or our economy is in danger
Have property prices finally bottomed out? We’d better hope not, writes Michael Taft.
Column: Our landlord went into receivership – now we’re in limbo
Her building crumbling and in legal limbo, Alsa Campbell writes about how tenants are finding themselves at the sharp end of landlords’ financial troubles.
1 in 10 Irish mortgages are in arrears
At the same time, one-fifth of all mortgage holders are believed to be having difficulties in meeting mortgage repayments.
House prices still in freefall, down 15.6 per cent for the year
Property prices are down a massive 46 per cent from their peak, according to new figures from the CSO.
Column: Renting is the future – and not just for houses
As the property crash continues to bite, people are avoiding big commitments to their homes, cars and even relationships, writes Gerard O’Neill.
Poll: Do you think struggling households should get mortgage debt relief?
The campaign to have debt forgiveness introduced for those unable to meet their home loan payments is gathering voice. Do you think there should be such a scheme?
Writing off mortgage debt is an "emergency" need
Chorus of calls for Government to organise a mortgage debt relief scheme for worst-off householders builds to crescendo – and now a government junior minister is backing it…
Average house price now under €200k - and there's still room to fall report shows property price fall accelerated in second quarter of 2011. Asking prices nationally fell 5 per cent in three months.
Distressed property auction 'likely to be success'
Organisers of July firesale of properties in Dublin says he is not put off by collapse in sales at Cork ‘discounted’ property auction last week.
A family home for €100,000: The bargain basement property auction
Flick through our slideshow to see some of the rock-bottom reserve prices on ‘distressed’ properties that are heading for auction.
Knock-down Irish property auction drawing foreign buyers
Sale of ‘distressed’ properties is set for 15 April in Dublin – and agent says the homes and commercial spaces on offer will be priced “aggressively”.