New homes needed for Dublin to avoid a bubble

Carol Tallon Talking PropertyIf market growth is not continued, then the next generation of negative equity mortgage holders have already bought their houses.

6th April, 2014
It would appear that today's buyers have bigger budgets, but arguably less sense about the market.

Last week's property headlines were nothing short of shocking - Dublin property prices rise by €5,000 a month'. This reported increase essentially translates into a 23 per cent year-on-year jump for the residential market in the capital, according to one of the three property reports or surveys published last week.

Since the introduction of the property price register a few years ago, I have questioned the accuracy, comprehensiveness and relevance of the circus of so-called property...

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