Quotes of the Week
Property Week
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"No business, no matter how large or rich, throws cash at expensive offices that will not house workers. If a company is going to spend €57.50 a square foot on renting space it’s because it will demand that staff show up there. So inevitably the foot soldiers will shortly troop back to their posts." – Cantillon >>> The Irish Times
"This proposed leverage limit could easily turn a housing market repricing into a wider market crash. The preventative measure could cause the very outcome it is designed to protect against, and is arguably incongruent with Government policy." – John Buckley, director of corporate finance CBRE?>>> The Irish Times
"We absolutely need to solve the immediate housing crisis, but we also owe it to future generations to take a 100-year view of Irish housing. The time to begin is now." – Mark Fitzgerald, Sherry FitzGerald >>> The Irish Times
"We are now within spitting distance of the crazy peaks scaled during the Celtic Tiger property bubble." – Charlie Weston >>> Independent
“It is time to revisit heights in the docklands area to secure sufficient housing for the young labour force and more shared office facilities for small and medium-size enterprises.” – Ronan Group Real Estate submission to Dublin City Council opposing Dublin Port Company's 2040 masterplan