The Central Bank’s new rules
The Central Bank’s new rules simply make life even easier for those who are already wealthy
This week, people are asking whether the Central Bank’s new restricted credit regime will stop house prices from rising. To answer that question, we have to know what drives house prices in Ireland.
Is it the “fundamentals” that you hear certain people talking about, such as people’s wages, people’s ages and the amount of accommodation available? Or is it the amount of credit sloshing around in the economy, and how much we think...
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