{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/633b3ddf2ce407001121c7e5/6712567013da25d9f62d6b6f?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"The house price boom is getting boomier. Is there still a cost of living crisis?","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/633b3ddf2ce407001121c7e5/1729255040314-a21ab9a7-a731-443d-9189-80e7d3ef84b0.jpeg?height=200","description":"<p>Irish house prices are now well in excess of their pre-financial crisis peaks. </p><p><br></p><p>Is the only thing that will get them down an old fashioned recession? More supply is certainly needed but it is far from clear that more houses equals lower prices - other things are not equal</p><p><br></p><p>Why do we still bang on about a cost of living crisis when inflation has fallen towards zero? If not actually zero. May be the answer is really simple: in the US (and probably elsewhere) food and energy price inflation reached 40% in 2022 - higher even than during the great energy shock of 1973. </p><p><br></p><p>Europe has more problems than lower interest rates can solve</p><p><br></p><p>Even if people have more letters after their name than are in their name, they are still capable of saying daft things. </p>","author_name":"Jim Power & Chris Johns"}