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Did Ireland really have a housing bubble?

TC

Marginal Revolution

22 Jan

And:

Here is more from Ronan Lyons at Works in Progress, volume 6. Irish housing is for the most part very expensive today. Dublin is one of the most expensive rental markets in the world. Here is the 2019 NYT on the housing crisis in Ireland:

So perhaps we should speak of the Irish housing panic of the downturn rather than the bubble of the upturn? The full history here remains to be written. Somehow these are episodes most commentators do not wish to revisit.

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