This is a copy of a good debate that took place on the Sean O’Rourke show today on RTE Radio. It was a good example of how two contrary points can both have supporting arguments which seek different ends but where both sides have validity. We think that a return to bubble credit would be a disaster, but equally hold dear the idea that it isn’t up to Central Banks to orchestrate the winners and losers in society.
We were asked to appear on the Marc Coleman show which was about credit, retail and the plethora of other topics he normally covers. It was fun, Marc was his usual self and we even had the chance to give him some of the rough treatment he so expertly deals out to others, if you aren’t familiar with the show it would be worth tuning in, it’s always a good time. In particular this Sunday the 14th where they will cover an entire show on the topic of homelessness.
Our appearance at the Oireachtas finance committee was discussed on RTE Radio 1 on the day, it was about the proposal for mortgage lending caps. The meeting in question took about three hours but the clip the journalist chose was a very good reflection of our general position.
We were interviewed by RTE news and were making the point that removing bedsits (somewhere between 7-14,000 were occupied) simply got rid of low cost affordable homes for many people and pushed them into worse conditions than the bedsits represented.
This week on Talking Money on RTE Radio 1’s ‘Drivetime’ show Karl Deeter & Jill Kerby discussed different aspects of Christmas and how you can save money during the festive season. Sticking to the simple ground rules of lists, sensible shopping and a few other tips will help the average person go into 2015 with less of a financial headache than they otherwise might have had!
On talking Money on the 24th of November we looked at the issue of mortgage arrears and the role of the Insolvency Service in terms of finding ways to get solutions with guaranteed end dates. There is a mismatch between the goal of banks and borrowers and it is resulting in solutions that often don’t work.
We were asked to take part in a documentary on Ireland’s housing crisis. The piece was well thought out and balanced between different views, we were particularly happy to see building regulations mentioned and the lack of investment in social housing.
Last Friday on Newstalk we were on the Pat Kenny Show where Dearbhail McDonald was hosting. We discussed mortgage caps, how they don’t work, certainly not in isolation and some of the downsides to a market when they are utilised as well as the negative impacts they can have on people.
In the second instalment on pensions we looked at the situation people may find themselves in if they have waited until their 40’s or 50’s to start saving towards retirement. There are some scary valid concerns but also some good news when it comes to retirement provision started late.
On Monday the 27th of October we had the first of two parts about pensions, the focus this week was that people are passing up money that is on the table for the taking. The other issues were about the kind of advice you get, and the best ways to structure your pension as well as to demonstrate the available funds if you save for retirement.