Thursday 26 April 2018

Too scared to play . . .


Nowadays when all the talk is about property pain it's hard to remember how investors used to introduce each others as being players in the property game.

This week two efforts were made to put the fun back in the game. The makers of the Monopoly board game are endeavouring to assuage the pain suffered by property owners and revive interest in the famous property trading game.

They have replaced unfashionable residential areas such as Crumlin with Raheny and included boom time landmarks such as The Convention Centre. Although launched in time for Halloween they have not been tempted to reflect the current mood and market by including any ghost estates.

Meanwhile one of the more serious players still in the market, Lisney, are also doing their bit to lift the doom and gloom. The firm's high profile shop window on Stephen's Green has been decked with Halloween decorations telling punters: "Don't be spooked by property."

Power play

The Society of Chartered Surveyors Ireland look as if they might have put one over on their rivals, the Institute of Professional Auctioneers and Valuers (IPAV), by having Environment Minister Phil Hogan as guest speaker at today's SCSI first annual conference. Minister Hogan is a former member of IPAV but was not invited to address its conference as he had already done so a few years ago while in opposition.

When choosing this year's guest speaker IPAV director general Fintan McNamara didn't know that their preferred speaker Sean Gallagher had more lofty ambitions.

The IPAV president and Cavan estate agent Padraig Smith may have had some prescience however when suggesting his fellow Cavan man and presidential candidate for the task.

No doubt Gallagher will reciprocate if he takes up residency in that Phoenix Park house which Lisney cheekily advertised recently as being up for grabs.

Indo Property

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