Decade after bubble burst, Ireland faces new housing crisis
Sales prices are now up 47 per cent since 2013, while rents are going up by double-digit figures each year
Mon, Oct 16, 2017 - 5:50 AM
Observers predict the rise in prices will continue for another two years as the construction industry catches up with increased demand.
PHOTO: AFP
Dublin
TEN years after Ireland's property bubble burst, the economy is recovering from the ravages of a deep recession but a housing crisis remains, due to a supply shortage and spiralling prices.
Sales prices have increased by 47 per cent since 2013, when they hit rock bottom,...
Register to read this article. Log in if you are already a subscriber.Register to read this article. Log in if you are already a subscriber.Please log in or subscribe to continue reading.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes