Pat Kenny had Irish Mortgage Brokers on the show to discuss NAMA, their role in building new housing and to consider some of the positives and negatives of this approach.
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).
Matt Cooper had several guests in to discuss the new proposal for 800 sites owned by the government to be released in order to provide new housing.
There was Jim Bainam from the Department of Housing, Karl Deeter from Irish Mortgage Brokers and Sinn Fein TD Eoin O’Brionn.
There were differences of opinion in terms of the ‘how’ regarding the sites, in terms of ‘how they are delivered’ via housing bodies, local authorities or privately, but all of the panellists were positive about a move to increase housing supply.
The main thing to remember in our view, is that it doesn’t really matter who builds what because the local authority remain the tax authority on all housing so they can get the housing with no capital outlay and then capture the property tax in future years if a private developer does it.
Scott and Venetia had us on their show to discuss the property market and to go through some of the things that are affecting it.
They also found out how much he paid for his last haircut and a few other unusual things that you don’t normally hear on radio!
Sean O’Rourke had Karl Deeter on his ‘Today’ show to discuss planning laws and how a change in them could result in up to 4,000 additional Dublin City homes at a very low financial cost.
The idea was to reduce the regulatory burden and inefficiency of planning, and (in Karl’s opinion) to also consider some reductions in the standards because applying modern standards to old buildings is like applying modern car safety rules to old cars.
The clip is a good debate showing the good and bad facets of this argument.
We rarely get to take part in a show that covers so many diverse and interesting points, but last Saturday was an exception.
‘Talking Point’ was about housing and Sarah Carey chaired the conversation excellently with a panel consisting of Ronan Lyons (Daft.ie, Trinity and Sunday Independent), Lorcan Sirr (DIT and Sunday Times), and Karl Deeter (Irish Mortgage Brokers, The Sun and The Sunday Business Post).
Topics ranged from false statistics to future crashes and current dilemmas, if you are into housing even in a tangential way this is a podcast well worth listening back to.
We were pleased to be part of an interview by Newstalk featuring Karl Deeter of Irish Mortgage Brokers and Ross Maguire (SC) of New Beginnings.
The conversation was around the newly published Competition & Consumer Protection Commission (CCPC) consultation on the Irish Mortgage Market.
Our general view (tl;dr) is that competition alone cannot explain the issues inherent in the Irish mortgage market, that there are many other forces at play.
Matt Cooper had Karl Deeter from Irish Mortgage Brokers and Ronan Lyons of Trinity & Daft.ie on to discuss the government ‘help to buy’ scheme launch.
The scheme has come under fire prior to the launch and it will likely continue, our view is that the policy implications are of secondary concern to first time buyers who can avail of it. Our advice is that if you can get the grant you should avail of it.
On the 25th of August we were featured on RTE’s ‘Drivetime’ with Mary Wilson to discuss Home Choice Loan which is a state run mortgage lender. The state lender has only done 21 loans to date or about 3 loans a year.
There are many reasons that HomeChoiceLoan should be popular but in practice they are not lending and there are many questions about the validity and use the scheme has.
Tara Duggan was presenting the ‘Right Hook’ and spoke to Karl Deeter of Irish Mortgage Brokers and Margaret McCormick of the Irish Property Owners Association about the issues around rents as news came out that they had reached boomtime levels.
The topics covered also reached into areas of taxation and new supply as well as the issues that currently exist due to past failures such as the ineffective rent control measures brought out in late 2015.