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Ciarán Hancock

👤 Speaker
342 total appearances

Appearances Over Time

Podcast Appearances

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

I suppose good news that the price growth has slowed a bit.

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

If you're trying to buy, it's still six and a half percent.

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

It's still a punchy sum.

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

Mostly apartments, I presume, was it?

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

Historically, what level should it be at?

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

Yeah.

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

In your opinion, how many houses, new units do we need to build every year for supply to meet demand?

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

60,000.

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

60,000.

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

OK.

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

Of course, developers, they're always able to turn on and off the tap, aren't they, in terms of prices?

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

They could slow down.

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

This is the cynical view.

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

They could slow down house completions to suit themselves and to keep prices artificially high.

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

What would it be now for new homes?

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

We'll go into the rents in a moment.

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

But I just wonder, interested to get your view on this.

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

Today, Meta's informing staff here about job cuts, right?

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

Very unfortunate.

Inside Business with Ciaran Hancock
Rents and evictions soar as house price inflation slows

Our information is that 350 people are going to be let go.