Housing boom ‘set to continue until 2010’

Ireland’s housing boom is set to continue for at least the remainder of the decade, an Irish academic has predicted.

In a new study on the housing market, Dr Brian Lucey, a finance lecturer at Trinity College Dublin (TCD), said further strong growth in the Irish housing market was underpinned by four key factors: demand, demographics, culture and sociopolitical issues.

Lucey claimed that demand would continue to be supported by rising earnings, a ...