Author: Brian Finn
As another school year approaches, parents across the country are feeling the financial strain of getting their children ready for the classroom. Despite efforts to alleviate costs, the burden continues to mount with ‘voluntary contributions’ and branded uniforms adding to the pressure. Surveys by Barnardos and the League of Credit Unions reveal that half of primary and 70% of secondary school parents are worried about back to school expenses. The average cost for a primary school pupil decreased slightly, while secondary school costs continued to rise. Families are resorting to loans, credit cards, and other means to finance these expenses.…
According to the Society of Chartered Surveyors Ireland, estate agents predict a 4.5% increase in property prices nationally over the next year, up from a previous estimate of 1%. This reflects the impact of low housing stock levels, with three-quarters of agents reporting a shortage. Additionally, factors such as the economy, interest rates, and credit availability affect prices. Agents also expressed concern about the widening affordability gap in the market. A study showed that a couple with a combined salary of €107,000 could only afford a new 3-bed home in Meath with the help of the First Home Scheme. Homes…
Property prices in Ireland are back on the rise, following a period of stability in 2023. Various factors like a shortage in supply, interest rate cuts, and wage growth are contributing to the renewed momentum in price growth. Both MyHome.ie and daft.ie have reported a significant increase in asking prices, with vendors often achieving prices well over their original asking price. The market is tight with a low supply of properties, leading to swift price rises. The new build sector is crucial in meeting the demand for properties. While over 32,000 units were completed last year, experts now believe that…
As Labour returns to power following the UK general election, the themes of ‘change’ and ‘the future’ take center stage. The spotlight is on improving relations between the UK and Ireland, with a focus on resetting diplomatic ties. Kier Starmer’s close bond with Ireland and his commitment to restoring respectful engagement bring hope for a more mature relationship. The reset also signals an end to the Brexit era and a better understanding of the complexities of the shared island. Trade agreements with the EU could lead to stability and economic growth, benefiting both sides of the Irish Sea. With over…