AMONG those who have placed a booking on a new home this month are Aidan McCarthy, a 29-year-old Dublin-based database engineer and his 30-year-old partner Jing Ye, a software engineer who is originally from China.
Three weeks ago, they put down a €5,000 deposit on a €255,000 three-bedroom home, which has yet to be built. It is in the Peyton scheme, off Stoney Lane in Rathcoole, Co Dublin.
The couple had planned to buy a home before the crash, but remained sitting on the fence until now to ensure they got the best price possible.
"We've been looking around on a serious basis for the last year and we discovered quite a bit of competition for second-hand properties. We eventually decided a new home would be best because they're better insulated and because the one we bought will be particularly well finished, going by the showhouse.
"While the builders wouldn't budge on price, they're putting in a lot of good stuff that will make it worthwhile for us. We've been living in rental accommodation until now. Our rent has stayed the same for years but there are some indications that it's about to go up. We're engaged to be married and it is something of a relief to finally get settled."