Friday July 10, 2020

Ireland united in delusion about property prospects lines like this 2.4

The Irish house price revival is likely to be as short-lived as Manchester United's recent upturn in form, writes David McWilliams.

30th March, 2014
Like United fans, Irish property investors tend to be driven by memory, rather than reality. Aided and abetted by the forces of hype, they whip themselves into hysteria

Have you noticed the way Irish property investors are like Man Utd supporters? Last week, the poor Man Utd supporters trending on Twitter swung between optimism and anger. Deep down, both emotions come from the belief that a couple of results back to back must signal a return of the glory years. The hurt this week at being demolished by Man City is more a function of believing in the divine right of United, rather...

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