Thursday, March 13, 2008

Why is property so expensive?

Why is property and rent so expensive in Ireland these days? Who knows? Maybe the government should do something about it, after they finish managing their property portfolios of course.

Topping the list of property holdings was former Fianna Fáil minister for state Frank Fahey, who declared full ownership or part-interest in properties in 29 apartments in Ireland, Europe and the US.
Nice work. Good think sitting in the Dail is a part time job these days. At least we know if and when the property market crash really starts to bite the Government will come up with a package to ease the burden on investors.

No comments: