 Quick quiz: what's the best use of this Irish land? Irish property bust provides literal fodder. The New Year brought the first iteration of the property tax in Ireland. In one way, it is a welcome advance in a nation where a land value bubble still reverberates like so many Block Buster bombs. Hectares ofhalf-built or abandoned"luxury" condos and homes littler the greater Dublin area, after the spectacle ofwild-eyed lending that led to property loans making up easily mare than 2/3rds of all bank lending. |
