On this week’s episode of Inside Business, host Ciarán Hancock speaks with Bank of Ireland chief economist Conall MacCoille about their latest economic bulletin. It shows that almost 40 per cent of Irish housing transactions are now settled at a minimum 10 per cent premium above the original asking price, something Bank of Ireland puts down to “the intense competition for homes”.
Conall Mac Coille is author of the bulletin, and while he points to lack of supply and wage growth as factors driving house price inflation, he notes that we might be experiencing a peak at the moment. He also gives his thoughts ahead of next week’s budget and whether Ireland is insulated from the economic woes affecting Britain, Germany and the wider EU bloc.
Also on this episode, we hear from HR expert Louisa Meehan about return to the office trends in the wake of Amazon’s recent decision to order staff back to the workplace five days a week.
Is that likely to become a trend here? And is working from home potentially detrimental for younger employees at the outset of their careers?
FBD profit falls following €30.8m of net costs from bad weather early last year
WRC chief alleged to have declared there would be no management opportunities for two officials
Dublin City Council pauses Johnny Ronan redevelopment plan for docklands Citigroup building
Is Iran near collapse or is the US walking into an escalation trap?
Produced by John Casey with JJ Vernon on sound.
