Future crises not likely to emanate from property market
Link between property and financial instability is weaker
Past experience, both in Ireland and abroad, clearly shows that substantial financial stability risks have emanated from property markets.
However, looking ahead, the link between property markets and financial instability will be somewhat weaker than in the past.
There are four reasons for this.
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EY reports €393m revenues in Republic of Ireland for 2021 financial year
Revenues in the Republic increased 9.5 per cent for the year up to June 2021 to €393 million, up from €359 million in the previous year