Property Bubble 2.0…But Not Just Yet?
According to a recent edition of The Economist, Dublin’s house prices are overvalued by 25% relative to long term income; and guess who predicted Ireland’s last housing bubble and bust? The Economist. That said, just because they’re right once doesn’t mean they’re right this time and that all the conditions that existed ten years ago are the same now. Our panel of experts draw on some insightful and revealing international criteria to try to figure out where exactly we are in the midst of what is described daily in the media as a housing crisis and propose ideas to solve it.