World renown commodity expert Jim Rogers talks about the reasons for being against bailouts.
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would it be possible to monitor the prices of houses being
advertised, especially in the four local authorities areas
which are to pilot the subprime loan scheme, and see have they
increased since the budget. I saw billboards yesterday and they
seemed to be be creeping back up towards the 288K.
Hi Peter,
great idea but currently there is no legal requirement to do so in Ireland. our property market has a way to come in the name of transparency. it seems that the property regulator might not make it through as at the moment its status is ‘quango’ rather than being considered as part of the financial regulator.
strangely property is the biggest purchase many of us make, the finance used to obtain it is heavily regulated yet the asset class itself and various aspects of it are not? odd to say the least! thanks for leaving a comment.
karl