Sunday, 3 April 2011

Irish property going for a song as investors pay price of building boom | Business | The Observer

Irish property going for a song as investors pay price of building boom | Business | The Observer

Located in Dublin's main tourist drag, Temple Bar, it would have fetched up to €250,000 at the height of the "Celtic Tiger" boom. But a studio flat in one of the busiest and best-known parts of the city is now on the market for just €80,000 – a staggering fall in value that encapsulates the dramatic collapse of Ireland's property market.

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