Limerick house prices drop by 13 per cent

first_imgWhatsApp Facebook Advertisement Linkedin Previous articleShock at church robberyNext article40 jobs on way at Bunratty admin NewsLocal NewsLimerick house prices drop by 13 per centBy admin – January 4, 2013 554 center_img Email ASKING prices for Limerick properties plunged by a further 13 per cent in 2012, according to the latest report from property website Figures from the report for the last quarter in 2012 show that the average asking price in the city now stands at €155,000, the lowest of the five cities in Ireland. Asking prices in Waterford stood at €160,000, Galway at €185,000, Cork at €195,000 and Dublin at €236,000. On a more positive note, the average asking price for a three-bedroom semi-detached home in Limerick fell by 35 per cent from peak prices, the lowest price drop in the country as most counties saw prices fall by between 45 and 55 per cent. Sign up for the weekly Limerick Post newsletter Sign Up Geraldine Leddin of GL Auctioneers in Limerick city believes that the property market may see some light at the end of the tunnel in 2013.She told Limerick Post: “We found that the back end of 2012 was good in terms of sales, people were buying. Maybe this was partly due to the mortgage interest relief being abolished, but there was definitely a buoyancy there that will hopefully continue in 2013. I think sometimes and can tend to portray the negative sides when there are some green shoots.”According to the 2012 report, asking prices in both Limerick city and county are down by over 45 per cent from peak Celtic tiger prices, with the average asking price in the county currently at about €154,000.The Daft report also revealed that 32 per cent of properties in Munster sell within four months.Overall, revealed that asking prices across the country fell by an average of 14.8 per cent, however the number of transactions increased by over 15 per cent.The average asking price nationally was €201,000 in 2012, down 51.5 per cent from peak boom prices.Angela Keegan, managing director of, noted that the moderation in the pace of decline, the increase in the number of transactions during 2012 and the establishment of the Property Price Register were all positives which could be built on.She added: “The varying ‘sale agreed’ times show that a two tier market is emerging, with times equivalent to three months in Limerick, four months in Dublin and 5.5 months in Galway. However the corresponding ‘sale agreed’ times elsewhere are 10.5 months in Munster, nine months in Ulster and Connacht and seven months in Leinster excluding Dublin.” reported that on average, four in ten properties across the country sell within four months, while the total stock of properties on the market nationwide is at 47,000, the lowest level since November 2007. Print Twitterlast_img read more

Harvard rushes to aid Japan

first_imgFor several days, Hiroko Kumaki didn’t know if her family was safe. The Harvard senior had seen the horrific images of the earthquake and tsunami that struck Japan last Friday (March 11), centered on her hometown, Sendai.With phone lines down, she reached out to whomever she could. Eventually, she received word through a childhood friend who was able to reach her family by text message. Most of her relatives were safe, though uncertainty remained about some family members and friends, particularly those living near the crippled nuclear power plant.In response to the calamity there, Kumaki and members of the Harvard for Japan movement, together with the Reischauer Institute of Japanese Studies and the Program on U.S.-Japan Relations, are hosting “Harvard for Japan Week” through a slate of activities starting with a candlelight vigil on Monday (March 21) and ending with a benefit concert by the Harvard-Radcliffe Asian American Association on Saturday (March 26).The events in between include a panel discussion, a film night, and a benefit concert by the Bach Society Orchestra Friday in Sanders Theatre, featuring world-renowned violin soloist and Harvard senior Ryu Goto.As initial images of destruction flowed out of Japan last week, it took only hours for members of the Harvard community to spring into action. The University’s response has expanded rapidly in the days since, as community members work to raise money and awareness, aid the flow of helpful information, and begin to discuss helpful paths forward.Harvard President Drew Faust expressed support for those caught in the destruction. “All of us have watched with profound concern and sadness as Japan has confronted the devastating events of recent days,” said Faust. “I know I speak for the whole of the Harvard community in expressing deep sympathy to those who have suffered the loss of family and friends, who have seen their homes destroyed, and who continue to face uncertainty and danger.”Just hours after hearing of the quake, the Harvard Center for Geographic Analysis put up a web portal whose aim is to assist the flow of vital geographic information for anyone interested, from rescuers on the ground to supporters from afar to those who, over time, seek lessons from the tragedy.The data portal is sponsored by the Reischauer Institute, which has reconfigured its own web page to help people find information on the disaster. It features live web feeds from Japanese television stations, a link for donating to relief efforts, and a schedule of events for Harvard for Japan Week.Jorge Domínguez, vice provost for international affairs, said the University activated its international emergency response team early Friday to begin accounting for Harvard-affiliated personnel in Japan, including those at Harvard Business School’s Tokyo office, eventually ascertaining that all affiliates known to be traveling there were safe.Reischauer Institute Director Andrew Gordon, the Lee and Juliet Folger Fund Professor of History, said it was clear early on that it would be counterproductive for people to head to Japan to help. So once it was ascertained that Harvard affiliates were safe, the conversation quickly turned to practical ways to help.In the short term, activities such as those led by the Harvard for Japan movement will show solidarity with the quake’s survivors. The medium term is less clear, Gordon said, since fellowships and summer programs involving travel to Japan may not be practical because of safety issues or because economic turmoil may limit the ability of Japanese companies to host students. On the other hand, he said, there may be opportunities for Harvard community members to volunteer with nonprofits to provide needed services. That determination, however, will have to wait.In the long term, the discussion turned to scholarship, he said. Japan’s prime minister called this disaster the worst to hit the nation since World War II, an assessment with which Gordon and other scholars of Japan agree. That being the case, and with the Internet age meaning that much of the record of the disaster is only stored electronically, the discussion has turned to how material in such a transitory medium should be preserved, perhaps by archiving periodic snapshots of the web pages of representative organizations.Closer in, the Harvard School of Public Health (HSPH) convened medical and humanitarian relief experts on Wednesday at the Forum at Harvard School of Public Health, which was webcast live. The discussion was led by Jennifer Leaning, François Xavier Bagnoud Professor of the Practice of Health and Human Rights and director of the Bagnoud Center for Health and Human Rights, and featured Harvard Humanitarian Initiative Director Michael VanRooyen, an associate professor of medicine and of public health; Gordon Thompson, executive director of the Institute for Resource and Security Studies; Takemi Professor of International Health Policy Michael Reich; and Takashi Nagata, a physician and former HSPH fellow who joined the discussion via web linkup from Tokyo.Nagata, who had spent days in the disaster zone and was planning to head back there, said the destruction was so complete and so difficult to bear that he broke down and cried several times. The panelists acknowledged that travel to Japan, except for people with specifically required skills, was unwise. They also said the Japanese government needed to do a better job of sharing information so that people in the affected areas maintained their trust in the government and continued to heed its directions.Ariana Baurley, the publicity chair of the Bach Society Orchestra, said that although a concert was long planned for next Friday (March 25), after the earthquake, orchestra members decided to make it a benefit for the Red Cross’ Japan Earthquake and Tsunami Fund, as part of the Harvard for Japan events.“We were all really touched by the tragedy,” Baurley said.For a list of upcoming events and where to donate.last_img read more

Students make push for elections

first_imgWith less than 24 hours before polls open, student political organizations are hoping their increased presence on campus Tuesday will serve as a reminder to get out and vote.Groups such as the USC College Democrats and Students for Meg will hold events throughout the day intended to increase student voter turnout.Phone banks will be held starting at 8 a.m. at the Ronald Tutor Campus Center, which will become the base for Get Out the Vote activities on Election Day.“We want it to be impossible for you to be on campus and not know it’s Election Day,” said Micah Scheindlin, political director of the USC College Democrats.USC’s chapter of Students for Meg will be out rallying as well, beginning today and continuing straight through to the end of Election Day.“[We] specifically will continue with phone banking and precinct walking, reaching out to voters on a more personal level,” said Anjali Naskar, communications director for Students for Meg. “[Today], we will be on Trousdale [Parkway] informing students of Meg’s plan for California, especially her jobs plan. We will also be dorm storming to talk to students and connect with the undecided voters.”Naskar said the group will continue its efforts on Tuesday along Trousdale Parkway.USC College Democrats faculty adviser Marlene Towns said that she believes the reminders will help increase voter turnout.“When it comes down to it, it’s just a matter of remembering to go vote,” Towns said. “So having these reminders can make a difference. It also keeps people in the spirit of Election Day.”Scheindlin agreed, saying that if people are reminded, they’re more likely to cast their ballots.“I think that the reality is people do want to vote,” Scheindlin said, “but they’re busy and don’t know how to go about it.”Once people know, he said, all it takes is five minutes.“That’s a message that’ll resonate,” he said.The College Democrats will be monitoring polling places in and around campus throughout the day Tuesday to make sure voting goes smoothly.They’ve teamed up with the Jesse M. Unruh Institute of Politics to hand out voter pamphlets and fliers, as well as Organizing for America to put on the GOTV events.last_img read more