Authors: David Duffy , Daniel Foley , Kieran McQuinn
Published: June, 2016

Even by international standards, the experience of the Irish residential property market over the period 1995 to the present stands out. As the Irish economy rapidly converged to the living standards of other European countries from the mid-1990s onwards, activity in the property market increased dramatically. At that time the stock of Irish dwellings completed per 1,000 inhabitants was one of the lowest across Europe, therefore the combination of improving economic circumstance, a young population and accommodative international financing conditions resulted, almost inevitably, in a housing boom…

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