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Irish Property Market over the last ten years...

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  • 12-11-2007 11:43pm
    #1
    bobbysands81
    Registered Users Posts: 7,208 ✭✭✭


    Have there been any papers/theses/articles written about how the Irish housing market has reacted to market changes over the last ten years?

    As in we've had an historically low housing stock (correcting itself over last few years though,), booming economy meaning more money around, low interest rates, high immigration, high levels of employment etc...

    Are there any papers written on this kind of thing???


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    #2
    Cantab.
    Closed Accounts Posts: 1,444 ✭✭✭Cantab.


    bobbysands81 wrote: »
    Have there been any papers/theses/articles written about how the Irish housing market has reacted to market changes over the last ten years?

    As in we've had an historically low housing stock (correcting itself over last few years though,), booming economy meaning more money around, low interest rates, high immigration, high levels of employment etc...

    Are there any papers written on this kind of thing???

    Don't worry, expect to see many an economic case study on Ireland's property market published over the next couple of years.


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    #3
    bobbysands81
    Registered Users Posts: 7,208 ✭✭✭bobbysands81


    Cantab. wrote: »
    Don't worry, expect to see many an economic case study on Ireland's property market published over the next couple of years.


    But are there any out there at the moment?


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    #4
    Tom123
    Registered Users Posts: 250 ✭✭Tom123


    bobbysands81 wrote: »
    But are there any out there at the moment?

    The IMF, ESRI and the economist regularly release reports on the international property market and Ireland normally features in them.

    Most indicate that the market is overvalued and that the movements over the last few years bear no relation to economic fundamentals.


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    #5
    Kipperhell
    Closed Accounts Posts: 1,477 ✭✭✭Kipperhell


    Tom123 wrote: »
    The IMF, ESRI and the economist regularly release reports on the international property market and Ireland normally features in them.

    Most indicate that the market is overvalued and that the movements over the last few years bear no relation to economic fundamentals.

    That's not actually true. The may say it is over valued right now but they didn't say that for the entire 10 years. In fact most said it would catch up with the European market. There is debate about at what point it is felt it became overvalued.

    There is also debate about whether there is change in other factors of the Irish property market to become more in-line with European market. Namely home ownership rates could drop here.

    Either way there were many reports during the ten years but none were accurate. Any complete report will probably come from the same sources, so how useful it will be is up to you.


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