Ronan Lyons on Long-Term Economic Value
By Karl Whelan
Thursday, September 17th, 2009Ireland’s leading property number cruncher, Ronan Lyons, has a post essentially explaining how he would have done the LTEV calculations if he had been asked. Key conclusion:
the adjustment from current market value should be downwards by 10% to about €44bn, and not upwards to €54bn.