We need your help now
Support from readers like you keeps The Journal open.
You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.
If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.
Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
By continuing, you are indicating that you accept our Terms of Service and Privacy Policy.
PROPERTY VALUES ARE expected to continue to increase in 2016 according to the Society of Chartered Surveyors Ireland (SCSI).
Prices of three bed semi-detached properties are expected to rise by between 4 and 8% depending on location, while rents are predicted to rise by between 5 to 7%.
That’s according to the SCSI Annual Residential Property Review and Outlook Report for 2016.
According to the national survey of over 700 estate agents and Chartered Surveyors – nationally property values are estimated to have risen by around 8.8%.
Values are estimated to have increased by 9.4% in Leinster (excluding Dublin) while in Munster and Connacht/Ulster they rose by 10.4% and 8.8% respectively.
While Dublin property values rose by 19.5% in 2014, the rise moderated to 4.8% last year.
Chairman of the SCSI Residential Agency Professional Group, John O’Sullivan, said the Central Bank’s lending rules had dampened price growth in Dublin and displaced it to neighbouring counties:
This happened because potential buyers were unable to justify the cost of buying in Dublin or were unable to access the necessary finance
“According to our survey, 47% of Dublin based respondents believe that, in the absence of the Central Bank rules, values in Dublin would have grown by between 9.8-14.8%. That’s 5 to 10% more than the actual increase of 4.8%.
“The outlook remains fragile however and is dependent largely on the employment opportunities and investment for regional towns.”
Renting
The growth in rental prices is now outperforming the growth in property values with average rental values in the private market increasing by 12% nationally.
In Dublin, rents increased by an average of approximately 12.1%, in Leinster by 14.2%, in Munster by 11.1% and in Connacht/Ulster by 9.4%.
The survey attributed this trend to the shortage of supply in the sales market which is putting disproportionate pressure on the rental market.
Further increases in rental values are being predicted for the year ahead, with the average rental value for a three bed semi-detached property expected to increase by a further 5 to 7% depending on location.
Housing
The survey also found that the supply of housing will continue to be an issue in 2016, with 80% of respondents saying they believe the supply of new homes will be less than demand in Dublin while the figure in Munster is 69%. O’Sullivan added:
According to the ESRI we need to build up to 25,000 units a year up to 2029. It’s estimated the completions figure for 2015 will be around half this at 12,500.
“It’s clear more needs to be done in terms of tackling construction costs, the availability of development finance and speeding up the planning process.”
The Green Party would probably go one better and tax people just for watching a TV ad about fossil fuels
@Chaotic State: Keep piling on the taxes. That’ll sort it all out, and, if it doesn’t then just pile on some more of them.
@Chaotic State: fossil fuels, especially oil, have raised the standard of living for different people groups and every nation in the world, particularly since the start of the twentieth century. Oil has brought millions upon millions and millions more out of poverty, and saved many more than it wil ever kill
@Kieran Mac C: Possibly in Alaska, where admirable native community leaders have insisted on profit sharing with the people of Alaska. Elsewhere in the world, nations are known for their pollution, city congestion, traffic kill rates and a vast difference between those profiting exclusively from fossil fuel prices and those in poverty with breathing difficulties.
Can you name anywhere that’s benefited equally from rail travel, other than Europe? The US used to have a great and modern network, yet has been trying to deny decent public transport to millions of their own citizens for decades.
@F Fitzgerald: Off the top of my head…agriculture, pharmaceuticals, electricity, irrigation, transport, aquaculture, ambulances, day-glo jackets worn by ‘Just Stop Oli’ protestors, air-purifying systems in sterile surgical theatres, prosthetic limbs, health monitoring systems, computers, phones, affordable clothing and footwear.
Oil has raised the standard of living for not just western socity, but all society, even those poor, put-upon citizens of North Korea, who would suffer even worse famine were it not for mechanised oil-fired systems (‘tractors’)to gather at least some of their harvest. Oh, and modern hospitals. Don’t forget the hospitals
Ireland is too small to make a difference, if you believe in the climate agenda
@Irish Axe: Forget climate, clean air is more than enough reason.
@Irish Axe: We are part of the EU, which is not ‘too small to make a difference’.
Anyway, everyone, every place, everywhere can make a difference.
When Murphy talks, I generally stop listening. Likewise this article, I haven’t read it. I’m certain it’s nonsense.
@honey badger: All good points, free transport for all, trains everywhere (I don’t know in who’s lifetime thats going to happen) but an advertising ban is like skimming a stone in the middle of the ocean. Still I’d be for it, no harm. We could use less advertising.
@honey badger: ‘lets go burn down the observatory, so this will never happen again!’
@Setanta O’Toole:
“My dear Kepler, I wish that we might laugh at the remarkable stupidity of the common herd who do not want to look at the planets, the moon, or the telescope, even though I have freely and deliberately offered them the opportunity a thousand times?.” Galileo
It isn’t parts per million of carbon dioxide that will define this era, but the manipulation of images of the Earth to suit clockwork solar system modelling.
https://apod.nasa.gov/apod/ap210922.html
None of you feel anything for good or otherwise, and that is the definition of a subculture based on those who are perceptively dead.
@Gerald Kelleher: zzzzzzzz.
@honey badger: It is nonsense, all Murphy says is!!
@Setanta O’Toole:
” And twofold Always. May God us keep From Single vision & Newtons sleep.” William Blake
It is good that you reacted with sleep symbols, as it is indeed a type of perceptive sleep you and many in society suffer from. That era’s clockwork solar system modelling was the basis for all scientific or mechanical modelling.
The Age of Reason is the Age of Treason, an attempt to seal humanity off from its higher faculties and goodness me, society has paid dearly for that.
@Gerald Kelleher: it was a simpsons qoute Gerald. Take a day off lad.
@Setanta O’Toole:
I live in the expansive world of Western astronomy, whereas many of you live in the cartoon world of experimental theorists created a few centuries ago through the Royal Society.
It is not that you can reason your way out of that perceptive sleep you suffer from, it is that you feel nothing for the visual narratives that would heal you and so many others.
The observatories were burned down to make way for scientific method voodoo long before any of you were born. It isn’t that you take a day off, in a cartoon world, you haven’t really lived with a connection to terrestrial and solar system surroundings.
@Gerald Kelleher: the qoute lampoons those who are anti-science and would rather live in denial, which Is what I assume you were making me out to be with your initial diatribe. If you weren’t so busy hoping to god you can fool people into thinking you are a genius with your pretentious word salads and obscure references, you might be able to identify subtext/sarcasm and the use of quotation marks before you jump the gun in your constant quest to be the smartest in the room.
How many times does it have to be said that there is no viable alternative to fossil fuels now or for the foreseeable future.
The big oil companies are not going to allow their profits to be eroded until the crude supply runs out. They will exploit every last drop.
Fuel advertising makes f all difference. We all know what petrol and diesel are, and most just look for the lowest prices.
@Ciaran: Apparently Toyota are to stop making fully electric, rowing in behind hydrogen.
@Ciaran: If we wait until the last drop to switch energy source 90% of us will die.
We have to start now and use alternatives wherever we can while we still have enough fossil fuels to keep the lights on and things moving while we build the wind and solar farms as well as the massive energy storage facilities we will need.
The big oil companies are already making their transition plans.
@Steve O’Hara-Smith: it’s already there, hydrogen and nuclear.
This guy’s voter base see him for the tool that he is, all for open borders & no solutions to where these people will be housed or the services required for them, while the people at home have been abandoned by this woke socialist. The guy is a complete waste of a vote. Heard it all from PBP when I heard Brid Smith say on RTE, that we are a wealthy country, Murphy & PBP couldn’t give a toss for working class Irish workers, more interested in those arriving in record numbers here daily. Any utterances out of him are horse manure.
If Murphy and his ilk had their way we would all be barefoot and living off potatoes
@Joseph Lenihan: I don’t know – the main parties seem bent on making everyone else live in their cars while hoping for an affordable place to rent. It’s getting to be a vicious cycle.
Does anyone ever use fossil fuels based on advertising? You’ll hear your house however it’s set up. You’ll fly in a plane whichever airline it is and likewise for driving a car whatever make. Large ticket items like wind farms, solar farms etc. will make the big difference.
Windbag
You see, PBP voters do t have to get up in the morning to drive to work.
They get their unlimited free dole wired to their accounts while they sleep in their free houses.
No tax? No vote!
Where do these government people think all their tax comes from, now also want to stop marketing revenue so people in marketing jobs get hit aswell. People look at prices and choose cheapest option not brand names. Watch out as soon as fossil fuels go you will see taxes on clean energy aswell. No escaping !!!!!!
@Paul Geraghty: AI will sort out all those marketing jobs sooner than later, there won’t be many marketing jobs left to lose.
This nonsense reminded me of “don’t talk the economy down”, we need heating oil and petrol until we have affordable alternatives.
“There is no question of anyone being prevented from buying a new or second hand car.”… VRT?
Ireland most dependent nation on cars I wonder why?
Living in reality Paul or just ignorant of the facts that most of us have no choice around public transport options?
We all have paid vast sums in taxes to be consistently wasted by this and former governments.
I have little expectation next government whoever it is will do the same and then blame everyone except themselves.
Just 100 companies produced 71 % of GHG emissions. Are you doing your bit though?
@Louis Jacob: Spineless in the face of the master.
Totally agree with this. The majority of people have no need for a huge SUV – it’s a status symbol for many. They take up so much space on the road and are so high up the drivers can’t often see if a child is right in front of them. Public transport should also be way more expensive, regular and affordable to get more cars off the road.
@Sylvia Power: expansive*
@Sylvia Power: what planet do you live on. More expensive and affordable public transport.
@Joe Kelly: Expansive, it was a typo.
@Sylvia Power: Public transport should definitely be extended in large urban areas and free car parks on the outskirts of these areas so people commuting can benefit from it. Unfortunately public transport will not be able to be provided to a lot of our population due to allowing the building of one off houses on every back road and lane in the country.
@Sylvia Power: People are entitled to spend their money whatever way they want, just like you do!! If I want to drive a gas guzzling SUV I will. I won’t be dictated to by begrudgers!!
“ecosocialist” – that term really sends a shiver up the spine. The environment is a great excuse for ” the people” (read: the state) the take over everything and make it worse
Murphy gets a bit of exposure..that’s all he wants.
This could probably have more of an impact in reducing emmisions with little to no cost to the public compared to than all the new cycle lanes and additional stealth carbon taxes the Green Party have introduced since they have came into power.
@John Dennehy: This will have exactly 0% impact. People have buy petrol and heating oil. Advertising or no Advertising won’t change anything.
@Wolfgang Bonow: @Wolfgang Bonow: Poor aul Ryanair won’t be too happy when they can’t advertise their €20 euro return winter special to liverpool, I’m pretty sure Micheal O Leary wont agree with you on your opinion on advertising.
While the rest of us have to pay extra taxes for everything due to ” Climate change ” & all he’s worried about is banning the advertising rather than trying banning fossil fuel completely, which we’ve been led to believe is such a disaster for the planet. Along with Aviation & yet in Ireland, the sales of private planes have risen since Covid with figures almost doubling! But the rest of us are told to grow lettuce!
@Colette Kearns: Is he not pointing out that fossil fuel advertising is working when most people can’t imagine life without a car? Imagine the modern, European style railways we could have if we didn’t settle for having to buy so many cars and having roads everywhere?
Pay more tax people and don’t be whinging about needing alternative transport to work get up earlier and cycle the distance. Take family showers together also and preserve our clean water, perhaps even with close friends or neighbours,we can do it if we all work together and make that difference.
Advertising of fossil fuels has no effect.
Banning sales of new fossil fueled vehicles from NOW would have an effect.
Alternatively requiring a public health warning on all new fossil fueled cars (big, ugly and unmissable printing on both sides of the car) would reduce sales of them.
The current crop of electric cars are good enough, although reps will trash the batteries with regular fast charging.
As for home heating, insulation is by far the most effective way of reducing heating fuel consumption unless it’s already close to passive house standard. So push that hard with grants and raise the standards for new builds because retrofitting insulation is hard and expensive.
@Roy Dowling: True, who’s going to deliver solar panels if we give up diesel?
Real change would be banning Paul Murphy from ever opening his gob in public again…
If this government are serious about climate change give everyone in the country a once off new heat exchange system for there homes fully payed for and invest big in hydrogen fueling Stations around the country not electric its not the future electric EVs are dead in the water .give massive discounts on family’s first hydrogen car to get them on the ladder after that they can trade in .but the first car is out of reach financially for most family’s.
Banwaggoning and this is the real Elizabeth Doyle
He should launch a campaign on Earth Day to recover that this Day is also one rotation of the Earth along with its sunrise/sunset cycle.
Scientific method modellers in the 17th-century Royal Society tried to change the reference for one rotation away from the stationary Sun to the daily change in position of the stars instead.
https://www.youtube.com/watch?v=BYy0EQBnqHI
They didn’t know that the stars change position annually due to the orbital motion of the Earth.
https://sol24.net/data/html/SOHO/C3/96H/VIDEO/
The Sun is stationary while the Earth moves, and the satellite, free from daily rotation influences, captures what we see from the surface. There is no need to be dull on this Earth Day; that timelapse is a new demonstration that the Earth moves around the Sun.
Very quickly.
An experimental hypothesis is not the same as an astronomical hypothesis Kepler had to make using the Ptolemaic framework for a moving Earth in a Sun-centred system. The Ptolemaic framework was used for astronomical predictions as dates using the calendar system, so the contentious issue was whether the framework that accurately predicted events could also be used to affirm a moving Earth as a fact.
Raising the standard of consideration would remove scientific method modelling from climate. The paid professionals have no talent or incentive to change so that leaves people willing to collaborate to create the necessary visual narratives for free and often in a hostile environment.
The real power today is not with social politics but with academic politics.
Clowns running the asylum
Well, then we have to ban advertising everything that is made from oil and gas because oil and gas companies don’t just make money from filling up your car or home heating, things like TVs, phones, medical devices and drugs, furniture, makeup, roads, building supplies, home appliances, solar panels, wind turbines, foreign holidays by plane and ship etc etc etc. you cannot take gas and oil out of the ground take what you want from it and put the rest back. These politicians are imbeciles.
@brendan C5: I think you misunderstood the article – the proposal is specifically focused on fossil fuels. Not on medical devices, appliances or furniture – although if fuel prices keep rising, furniture may become fuel! Lumber prices shot up during COVID, so that’s making everywhere more expensive to live despite being natural. Roads are built to cater for private cars. My grandparents didn’t run a car and went everywhere by train.
Absolute HEADCASE
And all this from the man who was largely responsible for the most stupid mistake ever in our recent political history. Charge for the rubbish and give the water free. Let alone the environmental absurdity of it, 250,000 are paying for the water and their rubbish. So now we have constant littering and fly tipping and a capital starved water provision system.
I like the idea. Ban fossils ads in a small country, big countries may well follow suit.
@Roy Dowling: Fair point. Maybe advertising is making life less affordable for people by only promoting one way of transport?
Ban travel for St Patrick’s day for you know who
When one has nothing to say, but whose profile depends on publicity, it is essential that one says whatever one can, however ludicrous or damaging to those that will hear what is said.
Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a device. Personalised advertising and content, advertising and content measurement, audience research and services development.
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work.
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then these services may not function properly.
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not be able to monitor our performance.
Cookies, device or similar online identifiers (e.g. login-based identifiers, randomly assigned identifiers, network based identifiers) together with other information (e.g. browser type and information, language, screen size, supported technologies etc.) can be stored or read on your device to recognise it each time it connects to an app or to a website, for one or several of the purposes presented here.
Advertising presented to you on this service can be based on limited data, such as the website or app you are using, your non-precise location, your device type or which content you are (or have been) interacting with (for example, to limit the number of times an ad is presented to you).
Information about your activity on this service (such as forms you submit, content you look at) can be stored and combined with other information about you (for example, information from your previous activity on this service and other websites or apps) or similar users. This is then used to build or improve a profile about you (that might include possible interests and personal aspects). Your profile can be used (also later) to present advertising that appears more relevant based on your possible interests by this and other entities.
Advertising presented to you on this service can be based on your advertising profiles, which can reflect your activity on this service or other websites or apps (like the forms you submit, content you look at), possible interests and personal aspects.
Information about your activity on this service (for instance, forms you submit, non-advertising content you look at) can be stored and combined with other information about you (such as your previous activity on this service or other websites or apps) or similar users. This is then used to build or improve a profile about you (which might for example include possible interests and personal aspects). Your profile can be used (also later) to present content that appears more relevant based on your possible interests, such as by adapting the order in which content is shown to you, so that it is even easier for you to find content that matches your interests.
Content presented to you on this service can be based on your content personalisation profiles, which can reflect your activity on this or other services (for instance, the forms you submit, content you look at), possible interests and personal aspects. This can for example be used to adapt the order in which content is shown to you, so that it is even easier for you to find (non-advertising) content that matches your interests.
Information regarding which advertising is presented to you and how you interact with it can be used to determine how well an advert has worked for you or other users and whether the goals of the advertising were reached. For instance, whether you saw an ad, whether you clicked on it, whether it led you to buy a product or visit a website, etc. This is very helpful to understand the relevance of advertising campaigns.
Information regarding which content is presented to you and how you interact with it can be used to determine whether the (non-advertising) content e.g. reached its intended audience and matched your interests. For instance, whether you read an article, watch a video, listen to a podcast or look at a product description, how long you spent on this service and the web pages you visit etc. This is very helpful to understand the relevance of (non-advertising) content that is shown to you.
Reports can be generated based on the combination of data sets (like user profiles, statistics, market research, analytics data) regarding your interactions and those of other users with advertising or (non-advertising) content to identify common characteristics (for instance, to determine which target audiences are more receptive to an ad campaign or to certain contents).
Information about your activity on this service, such as your interaction with ads or content, can be very helpful to improve products and services and to build new products and services based on user interactions, the type of audience, etc. This specific purpose does not include the development or improvement of user profiles and identifiers.
Content presented to you on this service can be based on limited data, such as the website or app you are using, your non-precise location, your device type, or which content you are (or have been) interacting with (for example, to limit the number of times a video or an article is presented to you).
With your acceptance, your precise location (within a radius of less than 500 metres) may be used in support of the purposes explained in this notice.
With your acceptance, certain characteristics specific to your device might be requested and used to distinguish it from other devices (such as the installed fonts or plugins, the resolution of your screen) in support of the purposes explained in this notice.
Your data can be used to monitor for and prevent unusual and possibly fraudulent activity (for example, regarding advertising, ad clicks by bots), and ensure systems and processes work properly and securely. It can also be used to correct any problems you, the publisher or the advertiser may encounter in the delivery of content and ads and in your interaction with them.
Certain information (like an IP address or device capabilities) is used to ensure the technical compatibility of the content or advertising, and to facilitate the transmission of the content or ad to your device.
Information about your activity on this service may be matched and combined with other information relating to you and originating from various sources (for instance your activity on a separate online service, your use of a loyalty card in-store, or your answers to a survey), in support of the purposes explained in this notice.
In support of the purposes explained in this notice, your device might be considered as likely linked to other devices that belong to you or your household (for instance because you are logged in to the same service on both your phone and your computer, or because you may use the same Internet connection on both devices).
Your device might be distinguished from other devices based on information it automatically sends when accessing the Internet (for instance, the IP address of your Internet connection or the type of browser you are using) in support of the purposes exposed in this notice.
The choices you make regarding the purposes and entities listed in this notice are saved and made available to those entities in the form of digital signals (such as a string of characters). This is necessary in order to enable both this service and those entities to respect such choices.
have your say