Irish Financial Review

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False sense of wealth

Today’s report from the Irish Central Bank provides some bank holiday cheer; we are all wealthier! A lot of our new-found wealth derives from rising housing value. Savings and investments also play a role but is the rise in housing…

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Why Irish Consumer Confidence Remains Weak

By Frank Conway Consumer confidence in Ireland remains weak because many people are not seeing the benefits of an improving economy in their net take-home pay.     And this is not just an Irish problem. It is a problem…

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How the State can take a role in mortgages & housing

In 1930’s America, the financial system was so devastated by the 1929 stock market crash, banks were largely still out action a decade later. The Great Depression wreaked havoc on the U.S. housing market with one-in-four mortgage holders in default…

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