Thursday August 13, 2020

Property Summit: Government must cool down economy, leading economist warns

Goodbody's Dermot O'Leary says housing market could overheat

22nd June, 2016
Steaming ahead? Pic: Getty

The government must "take steam out of the economy" to prevent bottlenecks emerging, a leading economist has told the Sunday Business Post Commercial Property Summit.

O'Leary said: "My main concern on the domestic side is actually on the political side, and some of the restraints that are going to be there particularly in terms of the housing market."

O'Leary warned that the US, which is responsible for 75 per cent of Foreign Direct Investment (FDI)...

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