Share.

    2 commenti

    1. JONFER--- on

      This is setting up a bubble in the Irish economy similar to the 2008 one. Our interest rates are far too low and the economy is overheating. It has been for some time now.

      The requirement of mortgage applicants needing to save 20% of the mortgage has helped slow the bubble but not by nearly enough.

      Inflation is out of control and has been for years. This will make it even worse.

      People are often analysing it from the wrong mindset. For the most part the intrinsic value of a product hasn’t changed. That the money chasing it has been debased and diminished in value. The primary villain of this are the central banks, their fiscal policies and the governments that enable them.

    Leave A Reply