Chamber sets out priorities for election candidates

first_imgTechPost | Episode 9 | Pay with Google, WAZE – the new Google Maps? and Speak don’t Type! TAGSbusinessGE2020General Election 2020Newspolitics Previous articleLimericks Martina McMahon moves to number 1 in Handball rankingsNext articleWATCH: University of Limerick hosts election debate on Future Funding of Higher Education Alan Jacqueshttp://www.limerickpost.ie Limerick businesses urged to accept Irish Business Design Challenge Exercise With Oxygen Training at Ultimate Health Clinic Ann & Steve Talk Stuff | Episode 29 | Levelling Up Linkedin WhatsApp Email Printcenter_img Limerick on Covid watch list Shannon Airport braced for a devastating blow Facebook RELATED ARTICLESMORE FROM AUTHOR Advertisement BusinessNewsPoliticsChamber sets out priorities for election candidatesBy Alan Jacques – January 31, 2020 108 Limerick Chamber Launches Election Manifesto regarding Mid West Business Priorities – from left to right: Dee Ryan – CEO Limerick Chamber, Catriona Cahill – Chief Economist Limerick Chamber.FAST-TRACK the Limerick Northern Distributor Road (LNDR), develop a reliable bus and cycle network, put more Gardaí into community policing and establish a Minister for City Regions to ensure balanced regional development is achieved.These are the key asks of Limerick Chamber in its ‘Mid West Business Priorities for General Election 2020’ manifesto.Sign up for the weekly Limerick Post newsletter Sign Up Chief executive Dee Ryan said that in addition to the nationwide challenges of increased insurance rates and cross industry skills shortages, local businesses are battling some unique challenges that the Chamber wants to draw both election candidates’ and voters’ attention to ahead of the General Election on February 8.“Top of our list is the fast-tracking of the Northern Distributor Road, which is necessary to alleviate the 40-50 minute delays for workers and students leaving the Technological Park in Plassey,” she commented.Chamber Chief Economist, Dr Catriona Cahill believes that in tandem with the LNDR, Limerick needs a modern, regular, rapid bus system connecting all of our county towns and suburbs with our centres of work and learning.“A reliable public transport network is of critical importance. In addition, a dedicated cycle network must also be delivered to encourage safe, sustainable and healthy modes of transport.“We would ask our members and the public to tell their candidate that they want regular, rapid bus connections. We need safe, segregated cycle lanes. And we want the Northern Distributor Road fast-tracked for government funding,” Dr Cahill told the Limerick Post.Objecting to extensions at Castletroy Shopping Centre and the Crescent Shopping Centre in recent times, Limerick Chamber is a vocal advocate of city centre revitalisation.“Businesses across the whole Mid West will benefit from a thriving urban experience at its heart. A strong city will help attract companies and talent to locate/stay here. That is why Limerick City Centre revitalisation is a key focus for us in the Chamber,” Ms Ryan pointed out.“A sense of security and safety is also crucial to ensuring that people want to return to Limerick to live and work. Currently our Community Policing numbers across Limerick have been reduced by Gardaí being deployed to security duties in the Mulgrave Street Court House and the recruitment drive by the Garda Traffic Core, which is attracting regular Gardaí applications. This should be an issue for candidates and voters.“We need to protect the gains we have made against criminality in Limerick by increasing our community policing numbers immediately. We need people to ask candidates how many additional Gardaí for community policing will they bring to Limerick,” the Chamber chief executive concluded. Twitterlast_img read more

Nationwide Affordability Problems

first_imgSubscribe Related Articles July 31, 2019 998 Views Home / Daily Dose / Nationwide Affordability Problems Nationwide Affordability Problems The affordability problems that began on the coast have spread to the rest of the country, according to Bloomberg. Prices have risen faster than incomes, and many potential buyers have felt pushed out of the market.Las Vegas, for example, has seen a decline in sales as low-end affordability disappears. Most single family starter homes, Bloomberg notes, have been purchased by investors and turned into rentals, leaving the entry-level home inventory dry.According to the latest CoreLogic Case-Shiller U.S. National HPI (HPI), Las Vegas led the nation with a 6.4% year-over-year price increase, and was followed by Phoenix’s 5.7% increase. CoreLogic states that seven of the 20 cities in the composite reported higher price increases in the year ending May 2019 than the year ending April 2019.“Our inventory is clogged up, causing a backup of people that want to buy,” said Thomas Blanchard, President Elect of the Greater Las Vegas Association of Realtors.. “It’s a self-fulfilling prophecy, nobody is willing to move anywhere because they’re afraid they won’t find a house to buy.”“All signs point to a housing market that should be doing really well and it’s not,” said Danielle Hale, Chief Economist for Realtor.com on Bloomberg. “The No. 1 constraint, despite low mortgage rates, is that people can’t find housing that they feel is affordable.”Bloomberg notes that in recent months, price growth has been diverging between high and low priced homes. Prices in the bottom third jumped about 9% in June from a year earlier, compared with 1.1% growth for the top third, data from Redfin show. Meanwhile, sales for lower-priced homes plunged almost 20% as buyers struggled to find properties in their range, according to Zillow.First-time homebuyers are feeling particularly left out, as affordable starter homes are increasingly disappearing. Demand has been hit by a pullback in foreign buyers, new federal limits on property-tax deductions, as well as recession fears. This has led many renters have felt cautious about buying.“People do at this point in the cycle start getting a little panicked that they need to get into the market,” said Jenny Schuetz, a fellow in the Metropolitan Policy Program at the Brookings Institution. “And, with lower mortgage rates, a lot of people who were on the fence between renting and owning, may look at owning.” The Best Markets For Residential Property Investors 2 days ago Tagged with: Affordability Las Vegas Sales  Print This Post Previous: Interest Rates Cut for the First Time in a Decade Next: Home Flipping by City Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily center_img Share Save Servicers Navigate the Post-Pandemic World 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Affordability Las Vegas Sales 2019-07-31 Seth Welborn About Author: Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Market Studies, Newslast_img read more