Houses beat apartments for returns
Buyers of houses have been more handsomely rewarded for their investments than apartment owners, according to analysis of figures fromthe Department of the Environment.
Prices of second-hand houses in Dublin have risen by 86 per cent over the past five years,while second-hand apartments have appreciated by 68 per cent over the same period, according to the analysis by GunneResidential. “We have one of the youngest populations in Europe and apartments suit their lifestyles very well,” said Shane Brady, research analyst with the estate agent. “However, in a couple of years, young single urbanites will be transformed into starter families...
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