Daft Daft

HOUSES ARE LESS affordable than ever according to the CSO, although they’re still not back at their property price boom level.

Meanwhile, Minister Alan Kelly’s rent certainty proposal is being strongly opposed – although it’s not officially off the table yet.

Here is all the week’s property news.

The Big Movers

House prices rising again

House prices around the country are once again on the rise according to the CSO. While they are not at their pre-property crash levels, there has been a nationwide increase of 1.3% –  which is an increase of 8.9% compared to September 2014.

Rent certainty not looking good

Trouble abounds for Minister Alan Kelly’s rent certainty proposal, which has been strongly opposed by some Fine Gael TDs. While Tánaiste Joan Bruton has refused to comment on whether it is off the table entirely, it’s looking like Kelly is not going to get what he wants in the face of strong opposition from Michael Noonan.

Under Construction

Tiny Hall House Tiny Hall House

• Could you live in just 160 sq ft? This family of three are – and are perfectly happy there. 
• Squatters in the Barricade Inn on Parnell Street are facing eviction and people aren’t happy about it.
• 200 emergency beds have been announced to try and tackle the homelessness crisis.

Des Res

Fancy a look around a 1904 Hamptons mansion? Now’s your chance – it just sold for $27 million (€24.8 million –  although that was still a third under the original asking price).