Tuesday, August 8, 2006

House price crash in Ireland first?

House prices may crash in Ireland - IMF

The IMF said: "Bank credit to property-related sectors has grown rapidly and now accounts for more than half of total bank lending. Household debt as a share of household disposable income rose to about 130% in 2005, among the highest in Europe."

Posted by converted lurker @ 11:37 AM (554 views)
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