RTE's Primetime team had a fascinating show on the 2nd of February covering the area of debt and the looming debt crisis in the residential mortgage market in Ireland. Karl Deeter of Irish Mortgage Brokers was one of the commentators, along with Charlie Weston (award winning personal finance editor for the Irish Independent), Pat Farrell of the IBF (Irish Bankers Federation), Stephen Kinsella (Lecturer of economics at University Limerick, and author of 'Ireland in 2050), Pauline Blackwell of FLAC (free legal advice centre) and Ciaran Cuffe of the Green Party.
The show covered the main issues being faced by people in debt in Ireland and how are they trying to deal with it, as well as how the banks and other players in the market are dealing with the problem.
There is no simple solution.
So, is it much cheaper now to buy a house in Ireland?
AbcSchoolOfPolish 1 year ago