2009 in review and 2010 in preview

As the decade draws to a close, this post looks back at the toughest year for Ireland’s economy since independence. It examines a dozen headline economic indicators, across the labour market, national income and prices. 2009 is compared (and constrasted) with the 2000-2007 boom period, before predictions for 2010 are made, based on current evidence. The most startling figure is how our average income per head compares with the EU15, going from 13% richer in 2007 to 8% poorer next year.

Intergenerational outsourcing and the consequences of building 10% too much: A look at Ireland’s property market in 2013

With Davy Stockbrokers predicting a 70% fall in Irish construction activity from its peak over the coming ‘medium term’ (2009-2011 or so), I though it might be timely to review some headline statistics for Ireland’s property overhang. Recently, I’ve been peddling the idea that between 2004 and 2007, we were building twice as many homes [...]

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