FAC Research in Media as SCSI Report is Launched
Independent research by Future Analytics Consulting formed the basis of a report which was published yesterday by the Society of Chartered Surveyors (SCSI). Residential and Commercial Property Market Review and Outlook 2017 received national coverage by print and broadcast media organisations.
Housing is once again a hot topic in Ireland, therefore statistics and predictions in the report about rising house prices and pressure on the rental market received a lot of attention in the press.
Newstalk FM highlighted that the ‘region outside of Dublin will experience double-digit percentage increases to house and apartment prices over the year ahead, as demand pushes people farther from the capital‘, while the Irish Times focused on the cost of buying a home which is ‘ set to rise by an average of 7 per cent between now and the end of the year’ .
The Examiner’s article opened by pointing out the report’s assertion that the price increase is helped by the Government’s ‘help to buy’ scheme and looser Central Bank lending rules, and mentions the effects of these policies on the rental market.
A different angle was taken by the Irish Daily Mail, who reported on the expected increase in fuel claims which may be part of workers moving out of the city to the commuter belt. The Irish Independent picked up on the claim that capping rent may cause the flight of buy-to-let investors in Ireland.
Other news media which featured the report were the Irish Daily Mirror, and regional radio stations Galway Bay FM, Sunshine FM, 4FM, LMFM and Cork 96FM
The commercial property section of the report will be published next week.