The Stand with Eamon Dunphy is a podcast which looks at sports and current affairs, in episode 83 Eamon spoke to Karl Deeter about housing and the release of his new book co-written with Charlie Weston ‘This book is worth €25,000’.
We were pleased to take part in a debate about property tax on Primetime this week. The main point we would hope to make is that property tax based on market values should naturally rise when prices rise the same as income tax paid increases as income goes up, this is the logical conclusion in our view. Some people don’t want it to go up even after it was artificially frozen for political reasons several years ago, we see this for what it is, electioneering and populism. Strong municipal and local government need this funding and should be allowed to decide the sums for themselves, keeping it artificially low only creates a different set of problems in the future.
We were asked to take part in a segment called ‘Home Truths’ on TodayFM during the Last Word with Matt Cooper. The segment featured Karl Deeter and David Silke from the housing agency.
We were discussing the rental market and certain issues that go along with it, our main point is that there shouldn’t be a housing crisis, but that we managed to manufacture one.
The audio clip has the full segment on it.
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).
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.
The Pat Kenny Show on Newstalk had us on to talk about the future of pensions and to help people understand some of the looming issues in the retirement space.
It is a complex problem which is affected by everything from home-ownership to central bank interest rates. The main thing to take from it is that everybody who can start a pension, no matter how small, should do so. One of the biggest issues is the fact that people don’t even have one they can contribute to.
We were asked to speak with Gavin Reilly on TodayFM’s ‘The Last Word’ where he was sitting in for Matt Cooper, to discuss a new piece of proposed legislation.
While we believe that all people are deserved of compassion and respect when it comes to financial difficulties with their family home, that it would be an error to expect the judiciary to somehow step in and make what are effectively family protection and social protection decisions on something that should be viewed via the contract.
Mortgages arrears are also more of a symptom than the inherent disease, the disease is low employment, job loss, a lack of low income housing, social housing and social supports. It would be an error to misdiagnose this and in short, only an academic or a politician could look at this problem and see the solution in the way that this proposed legislation outlines it.
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.