Comments on: Another look at yields on Irish property, for the benefit of NAMA http://www.ronanlyons.com/2009/10/16/another-look-at-yields-on-irish-property-for-the-benefit-of-nama/ Irish Economy | World Economy | Property Market | Economic Analysis | Ronan Lyons Fri, 27 Jan 2012 13:32:43 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Greg http://www.ronanlyons.com/2009/10/16/another-look-at-yields-on-irish-property-for-the-benefit-of-nama/comment-page-1/#comment-1130 Greg Fri, 16 Oct 2009 18:54:53 +0000 http://www.ronanlyons.com/?p=982#comment-1130 Ronan, Do you have anything which tracks the median wage against house prices over the last twenty years or so? An affordability index? Also something tracking bank base rates against house prices? Ronan,

Do you have anything which tracks the median wage against house prices over the last twenty years or so? An affordability index?

Also something tracking bank base rates against house prices?

]]> By: Greg http://www.ronanlyons.com/2009/10/16/another-look-at-yields-on-irish-property-for-the-benefit-of-nama/comment-page-1/#comment-1129 Greg Fri, 16 Oct 2009 18:39:39 +0000 http://www.ronanlyons.com/?p=982#comment-1129 Is the source publicly available? While residential yields are not the whole story it seems to me that rents will fall further followed by falls in residential values. Buy to let mortgagors will be forced to sell. On the commercial side the only thing that’s holding rents up are upward only rent reviews which I think will result in business failure > empty properties > falling values > distressed sales. The market cannot be manipulated for ever. Is the source publicly available?

While residential yields are not the whole story it seems to me that rents will fall further followed by falls in residential values.

Buy to let mortgagors will be forced to sell.

On the commercial side the only thing that’s holding rents up are upward only rent reviews which I think will result in business failure > empty properties > falling values > distressed sales.

The market cannot be manipulated for ever.

]]> By: Greg http://www.ronanlyons.com/2009/10/16/another-look-at-yields-on-irish-property-for-the-benefit-of-nama/comment-page-1/#comment-1128 Greg Fri, 16 Oct 2009 18:30:45 +0000 http://www.ronanlyons.com/?p=982#comment-1128 Tut tut. You’re being negative. Lord O’Brien of Monaco won’t like it. Tut tut.

You’re being negative.

Lord O’Brien of Monaco won’t like it.

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