RTE History show features Irish Mortgage Brokers

We were really pleased to take part in a piece on RTE Radio 1’s ‘History Show with Myles Dungan’. The topic was historic property cycles and how the most recent crash was big news to most of us, but was far from the most enduring (which lasted about a century).

Karl Deeter of Irish Mortgage Brokers was on with Frank Quinn from the Blackrock Further Education Institute, the piece was based on their paper which had been presented to the Statistical and Social Inquiry Society of Ireland last October (David Duffy formerly of the ESRI and now of Property Ireland was also an author on the technical paper).

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MyHome.ie Property Investor Report, 1st March 2012

We are please to bring you some interesting analysis on the residential investment property market in 2012. A big thanks in advance to MyHome.ie who made this possible by giving access to their data. You can get the report here or by clicking on the image to the right.

It was created by Karl Deeter of this firm and Frank Quinn, a lecturer in valuations at Senior College Dun Laoghaire. The valuation models used are Discounted Cashflows, the Investment Method and one developed by Karl which is an after tax comparison against bank deposit returns.

Tom Dunne of Dublin Institute of Technology Bolton Street kindly critiqued the report.

The general findings were that property is still overpriced in our main cities for investors (buyers face different costs/taxes/incentives). This over-valuation will adjust but one big inhibitor to investing in property at present is the taxation of it.

The coverage thus far (eg:

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Irish Property Investor Report: Spring 2010

We are pleased to release our new Irish Property Investor Report for the Spring of 2010 (click on the picture to view it). The people that put it together this time were Frank Quinn (IPAV), Lecturer in Valuations at Senior College Dun Laoghaire and Irish Mortgage Brokers.

The property figures were provided by PropertyWeek.ie (who also run a non-practitioner site at MyHat.ie) and a critique of the report and methodology (which we deemed  necessary in the spirit of balance) was carried out by Iain Nash.

The news is not positive, we have determined, using our valuation methods; that property as an investment is still unattractive in the spring of 2010, in order for it to make sense prices would need to fall significantly in our major cities in the range of about 39% on average.

Having said that, this report looks at averages and it can’t …

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