Comment: House-price doomsayers are still getting it all wrong

The Irish have something of a reputation as doomsayers, with a tendency to focus on the dark lining in every silver cloud.

12th August, 2006

The Irish have something of a reputation as doomsayers, with a tendency to focus on the dark lining in every silver cloud.

However, when it comes to the economy, the situation is reversed.

For the most part, domestic economists are relatively optimistic, recognising that the current housing boom cannot continue forever but, almost without exception, forecasting a soft landing - a repeat of the experience a few years ago when the Celtic Tiger boom ended...

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