This was an interesting conversation that we took part in, it wasn’t about mortgages or property for a change! It was about whether political correctness has gone too far. Karl Deeter was asked to discuss this from the perspective that perhaps it has, as a believer in freedom of speech he argued that it has along with Larissa Nolan and saying that it hasn’t was done by Collete Browne of the Independent and Peter Kavanagh from the Green Party.
We were pleased to take part in an interview on The Tonight Show with hosts Ivan Yates and Matt Cooper on Virgin Media TV. The topics raised were fiscal responsibility and public sector wages. Karl Deeter was making the point that with such a good economy we should be planning for when things aren’t good and running a tight fiscal ship.
We took part in a panel discussion about the ‘take back the city’ campaign. While we are in favour of solutions to housing shortages, taxing dereliction and land, we are not in favour of taking people’s property. This has to be balanced against why property rights were established in this country and we also questioned why they went after private property rather than the abundant and abandoned state owned property which includes council owned homes that are not being used.
Comedian Deirdre O’Kane and Karl Deeter were on Matt Cooper’s ‘Last Word’ last week to take part in the ‘Friday Panel’ which is a segment of the show that goes through the big stories of the week. There were lots of topics covered, presidential elections, property protests and parenting tips!
Newstalk’s ‘Lunchtime’ with Ciara Kelly did a piece on new wealth statistics issued by the Central Bank which featured Karl Deeter from Irish Mortgage Brokers. It looked at the average wealth per person in Ireland and the point was made that property was a very large component of it. Other things that affect wealth were also discussed as well as some of the problems around using ‘averages’ to describe anything.
We took part in a conversation with Matt Cooper on The Last Word about bank taxation with Joan Burton from the Labour Party. We tried to make the point that short term thinking about bank taxation is a mistake, that we are better off getting the maximum amount of money back to the state rather than losing bank value in order to score a short term political win.
We were happy to take part with Maria on WLR FM about the loans that were being sold by Ulsterbank. We wanted to make the point that restructured loans that were making their payments were not going to be transferred and that many of these loans were many years in arrears (on the residential loans it is often 7 years behind). This indicates the loans are not sustainable, and that concluding the loans is probably a better outcome for all parties than the continued situation where the banks and borrowers are both in total denial. After a decade of this crisis it has come to the point where people have to accept that some homes will be lost but that sometimes those homes are empty, other times the person will get debt writedowns and that’s a good outcome too.
We were happy to take part in a conversation on the Last Word with Matt Cooper about the recent Ulsterbank loan sale, Karl Deeter was there for Irish Mortgage Brokers and Mick Barry TD was also part of the interview.
We were part of a conversation with Ciara Kelly on Newstalk’s ‘Lunchtime’ show discussing AirBnB and whether or not you can blame it for housing sector problems in Ireland. Our view is that it is part of a healthy market, but where a market is unhealthy you can’t say that it is the source of the disease, rather the malaise in Irish housing generally.
We were happy to take part in a more light hearted segment of radio on Today FM when Matt Cooper had Karl Deeter in to discuss different news items from the week that was. He was joined by the journalist Larissa Nolan to discuss many different topics from ‘beer goggles’ to property prices and slavery.