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Ireland The Rise and Fall of the Economy, Real Estate, Development

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Uploaded by on Mar 2, 2011

Documentary of the boom years in Ireland and the U.K, and the rapid collapse of the economy, which hit the construction/development industry across the country, leaving thousands of premium houses unoccupied or semi-built. Billions of pounds were lost and individual property developers /agents were left with tens of millions of pounds of debt, and home seekers were given cheap mortgages which have since been lost or repossessed due to high unemployment when the indusry collapsed...

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  • Thanks for the video! Helped a lot to understand the situation.

  • i feel sorry for people who bought these houses in those estates and now live in them, but not really for subprime lenders and borrowers,,,,

  • Get the freemasons out of government

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