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Are Irish workers undertaxed?
An overview of how much the typical worker is taxed in Ireland, compared to the rest of the OECD, reveals Irish workers to have a significantly lower tax burden than the OECD peers. The trend of lower...
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Are more open countries being hit harder in the recession?
A review of the IMF's April 2009 World Economic Outlook, and an analysis of the fastest growing - and contracting - economies of 2009. The 2009 economic growth in Africa and Asia is welcome, and growth...
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How many Irish homes are in negative equity?
Ireland's property market is currently in rewind. Homes now are at March 2005 values - or July 2004, if asking prices are 10% above closing prices. Figures from daft.ie, the Census and the Dept of the...
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How much are rents falling around the country?
A review of the latest trends in Ireland's residential lettings market, from the Q1 2009 Daft.ie Rental Report, including a map of the changes in rents by county.
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Where in Ireland has seen the biggest increase in unemployment?
My recent post on negative equity led to some discussions, particularly on irisheconomy.ie, about the financial (i.e. NAMA) and labour market (i.e. dole) implications of negative equity. Here, I use...
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Taxpayers in Baltics, UK and Ireland facing the toughest questions
Two weeks ago, I examined the IMF’s estimates for growth prospects in 2009 and came to the conclusion that in a year where countries such as Afghanistan, Ethiopia and Laos are among the world’s fastest...
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Is it cheaper to buy or rent?
In this post, I take a look at the maths behind buying or renting. Amazingly, even in heady market of 2006, it was cheaper to buy than rent. With rates back down at very low rates, and generous...
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How many mortgage-holders are faced with unemployment?
This post uses Census and CSO data to estimate how many mortgage-holders in each county are faced with 'unexpected unemployment'. Nationwide, almost 7% of mortgage holders are dealing with...
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Five years, six property markets, mixed fortunes
A quick post looking at how property prices have changed in six cities since 2005.
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Deflationary food for thought
A quick look at prices across the different sectors in Ireland reveals a far more interesting pattern than the typical assumption of slowly rising prices would suggest. Clothing and communications...
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