Daft Property - Irish Property News

Depression surge in rich suburbs over cash worries... Affluent areas see huge jump in demand for mental health services. The number of anxiety and depression disorders in the country's richest neighbourhood has more than doubled since the recession. People worried about their mortgages, losing their jobs and paying private school fees in Dalkey, Blackrock, and Dun Laoghaire, are flocking to their GPs for treatment for mental health conditions. Householders living in the affluent neighbourhood, which is home to U2's Bono, Enya, and film director Neil Jordan, are becoming ill as they struggle to pay their bills. The clinical director of the Cluain Mhuire Community Mental Health Services for Dun Laoghaire-Rathdown, Dr Siobhan Barry, said there has been a huge jump in the number of referrals to their services between 2008 and 2009, when the recession hit the country. The remarkable increase in the numbers attending the public service is also thought to be caused by an i...

Your essential guide to language in the 21st century economy... It's happened to us all. One minute you're in your element, waxing lyrical about the big match over a bag of peanuts down the pub, the next the talk turns to the markets and you're left clutching at more straws than an octopus playing Kerplunk. Worry no more. Like a white knight with a big dictionary under his arm, The Times today charges to the rescue with the Recessionsaurus — Robert Cole's guide to modern vocab. We've listed and defined some of the most common phrases to have cropped up over the past few months, and we hope you find them useful. But this is an interactive service — we want your input, too. Use the Have your Say box below to query any economic tongue twisters and terminology to have come your way recently. We'll monitor your feedback and add new entries, quicker than you can say quantitative easing. Well, almost... Administration One step from bankrupt...

We are a nation of brooding pessimists, research finds... MAYBE IT’S our gloomy weather, 800 years of colonial oppression, or just listening to George Lee for too long. Whichever, it is official: we’re a nation of brooding pessimists. New international research shows Irish people have the darkest outlook on the economy and believe the current crisis will last longer here than anywhere else. That’s according to a poll of 19 countries on economic confidence. The Irish survey of almost 1,000 adults was undertaken by Behaviour Attitudes last month. A majority of Irish adults believe the situation is the worst it has ever been in their lifetime, while about half believe things will get worse in six months. When asked about the inevitable upturn, it seems the Irish habit of finding a dark cloud in every silver lining continues : most feel it will last well beyond two years. In contrast, people in the US are positively upbeat, with a majority expecting their personal circumstances will improv...

Budget will 'turn recession into depression' ... POLITICAL REACTION: Fine Gael deputy leader and spokesman on finance Richard Bruton said this evening the Budget announced by Brian Lenihan today will "threaten to turn a recession into a depression". “This is a Budget that is all about extra taxes for ordinary families, about extra charges for people, and about cutting capital spending,’’ said Mr Bruton. “You are looking to make it tougher for people who are struggling to get by,’’ he added. “There is no sign that you are aware of the pressure on people from fuel bills, the pressure on people who have lost their jobs.’ Labour leader Eamon Gilmore said it "mercilessly targets middle income families". Speaking shortly after the Minister for Finance presented the Budget in the Dáil, Mr Gilmore said Mr Lenihan had failed to take any significant steps to protect the poor and vulnerable in the face of the worst recession facing the country for decades. “Despite ...