Michael Murray: Property fever is here again, for better or worse, but you might be better off looking at alternatives to physical ownership
Most Irish people seem addicted to property as an asset class.
I was out for a walk with a friend recently, discussing the substantial pick-up in the Dublin property market and the rapid return of property investment fever – five years on from the worst crash in half a century. Most Irish people seem addicted to property as an asset class. But is it an addiction to a financial investment or to a physical mass?
I’m afraid that, to me, it looks to be the latter...
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