Autumn will see rise in evictions

Many homeowners are deep underwater. Some will do all they can to make repayments, but won't be able to afford it. What happens to them? That is the really tricky question.

3rd August, 2013
The very low level of repossessions here is one thing international observers comment on when they look at the Irish market.

Autumn will see rise in evictions

It made the TV news. Videos were uploaded on Youtube from "shocked" neighbours. The couple evicted from their Killiney home were thrown out by bailiffs who made a forced entry. They said they had nowhere to go. It was, on first look, a powerful story about the property bust and its impact.

Some more facts emerged relatively quickly. The couple involved had a €2 million loan from Irish Nationwide,...

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