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Ireland Begins To Feel The Pain Of High House Prices

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Economy ‘losing competitiveness’

17/06/2006 - 10:49:39

Poor trade figures for April have raised serious questions about the competitiveness of the economy, analysts warned last night.
Both Davy Stockbrokers and Alan McQuaid of Bloxham Stockbrokers said the emerging trade figures for the year to date suggest a serious loss of economic competitiveness on international markets.
Exports fell 10% in April 2006 while imports were down 12% compared to the previous month.
Unadjusted exports stood at €6.850bn in April, down 11% on the same time last year, while imports by value were down 8% to €4.671bn.

When HPI gives you the world's most expensive housing it means you have to pay the wages that go along with that scenario and high wages loses out in the world's markets where competition is tough.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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