Marian Finnegan
speaker
404 appearances
2 recordings
1 series
first heard May 2026
last heard 19 Aug
Marian Finnegan’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Aug 2026 with 1.
Appearances
So most of the properties that we're selling in new homes are under 500,000 because that's where the pinch point is, the sweet spot is in terms of development activity.
Before Help to Buy and all the other incentives came in, what we saw was new homes values were rising at a rapid pace because the developers were providing
actually trade up houses rather than first-time buyer homes.
So from that perspective, I think what we're seeing is the developers supplying a lot of first-time buyer suitable homes into the marketplace and they're staying reasonably stable, not 100% stable, but reasonably stable in terms of price performance.
So that's a good outcome.
That's still a lot of money though, isn't it, for a new home?
Yeah, it is.
For first-time buyers?
Half a million?
It is.
It's still an expensive marketplace, but you can buy that house and mortgage it and have a much lower outgoing every month than you would if you rent, which brings us back to the rental challenge.
So I think you put a logical hat on and you say the type of news that you've just described and those job losses should impact confidence.
They're very well paid jobs.
Very well paid jobs.
They should impact confidence in the economy, confidence in the housing market and price inflation.
And the fact that we haven't seen a slowdown in price inflation, despite what, you know, movements in terms of interest rates over the last number of years.
so higher mortgage costs and what you've discussed and a slowdown in the creation of new employment in the state, a moderate enough slowdown, so we still have pretty much full employment, you would still have assumed that all of those factors would have impacted house price inflation.
What I would say to you is the market is so dysfunctional that only building 36,000 and that being a fantastic new story, when you've had a decade where we needed 50,000 to 60,000 houses, has created this totally dysfunctional marketplace so that the stock available to buy versus the people that can afford to buy it is still such, the gap is still so wide.
The prices are being...
maintained and continuing to grow.
Showing 281–300 of 404 · page 15 of 21
← Previous
Next →