Wednesday April 1, 2020

Stephen Kinsella on the housing market

The system we have set up is driving the negative outcomes we are seeing, where The Economist calculates house prices are 25 per cent overvalued, 10,000 people are homeless, and we can expect another boom/bust cycle in property to come

2nd September, 2018
Home price growth faster outside Dublin

Imagine you created a system where the government buys things when they are expensive, and sells them when they are cheap, where certain groups get valuable assets at steep discounts, where those at both the top and the bottom of the income distribution scale are supported to varying degrees by those in the middle, where there is no incentive to ever keep these assets from depreciating, and where, after decades of this exact same system...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Most policies don’t include pandemics, so the government may be forced to step into the breach to share the burden, experts say

Peter O'Dwyer | 1 week ago

The Covid-19 outbreak has highlighted the importance of public health medicine, but the service is badly in need of reform

Priscilla Lynch | 1 week ago

The pandemic is a humanitarian tragedy, but it will also leave a lasting mark on the global economy with, currently, Europe being hardest-hit

Eugene Kiernan | 1 week ago