Some important lessons to take from the 2020 property market
As we come to the end of a challenging year, it is a good time to look at what we learned and how we can improve in the future
The Irish commercial property market is notoriously cyclical, and while the pattern is generally broadly similar, it is fair to say that every cycle is different, with the trajectory generally influenced by different factors each time.
The downturn we experienced as a direct result of Covid-19, and the government’s response to it, was largely created by an inability to trade, as opposed to a liquidity crisis or an oversupply situation.
Regardless of the causes, we ...