Posts by Laura

The Opportunity of Obsolescence

Vacancy, dereliction and general obsolescence have always been features of the property market in Ireland, as they are of any property market. Economists even account for this when forecasting annual housing needs, for example, Ronan Lyons estimates a loss of approximately 8,000 homes in Ireland every year due to obsolescence. State attempts to tackle this…

Read More

Property Data: Own Your Insights

Planning was sought under the old SHD system for more than 9,000 residential units in the first two weeks of April. This “scramble” to meet the strategic housing scheme deadline of April 19th has been the subject of heavy reporting by The Irish Times. While the scheme is currently being phased out, developers can still lodge SHD…

Read More

A Natural Lesson in Mutual Reliance & Respect

Did you see that former President Barack Obama now has his own netflix show? It is an environmental docu-series that captures footage of wild spaces and wildlife from within ‘Our Great National Parks’, overlaid with commentary from the retired politician. Observing the survivalist behaviours of animals in the wild, he shares many wry insights that hint at…

Read More

Planning Regulator speaks out against flawed approach to planning

The first few reports of the new quarter focused on property price increases. This week, the focus is firmly on the supply side of the market. The latest BNP Paribas Real Estate Ireland Construction Total Activity Index recorded a slowdown in growth for Q1.  The slow down in growth was felt across all activities, including…

Read More

Dearth of Land Banks Impacting 2022 Delivery

Last week saw the release of a whole host of residential property reports showing average price increases of between 8.4 to 12.3 percent over the past 12 months, with no signs of a market slowdown. Similarly, the latest commercial reporting from JLL and CBRE revealed a strong start to 2022, with a figure of between…

Read More

The consumer’s choice is the industry’s opportunity

Three significant residential property reports were released this week. They came from MyHome.ie, Daft.ie, and the REA nationwide network of estate agents. There was a time, not that long ago, when the data for these reports might have been in conflict. But this is no longer the case, the discrepancies this quarter are slight, and…

Read More

Investors must be included in any defect redress scheme

Real estate is an industry full of moving parts. It is difficult (but not impossible) to manage or fully leverage assets that do not exist. The impacts of chronic levels of under-supply in recent years have been fully felt by the market, so we welcome the news that commencement notices for new homes hit their…

Read More

Swimming in Stats or drowning in data?

Within the next few months, we will be marking – or celebrating – a decade of property data in Ireland. While for many, it will not feel like 10 years since the initial publication of the Property Price Register, for others in the industry it is probably inconceivable to imagine valuing properties and interpreting residential…

Read More

Dublin’s residential investment market: Joining the dots

“For the most part large apartment projects are not fundable or viable if being developed for the Build-to-Sell market. Conclusions and assumptions being drawn about the country’s ability to scale up housing supply are in many cases misguided….” The Hooke & MacDonald Residential Investment Report for the Greater Dublin Area in 2021 has landed and…

Read More

Learning from Alaska

When we explore, compare and contrast other property markets for the purpose of learning, Alaska is not usually one that comes to mind. However, the city of Anchorage made global headlines this week for taking a new approach to a pretty old housing solution.  Like most cities around the world, housing in Anchorage is at…

Read More