Monday 23 January 2017

Relapse for property addicts as buyers overcome their frugality

Published 16/04/2011 | 05:00

CURED of our property obsession? Not even at the crazy peaks of our national bingeing session were there ever witnessed scenes quite as manic as yesterday's, with well over a thousand people attempting to wheedle, cajole and just-short-of-threaten their way into a major auction.

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There was a video link set up at a local pub, and gardai manning the 200-300 strong crowd blocking traffic outside Dublin Shelbourne Hotel where the "fire-sale of distressed properties" was taking place while, inside, proceedings were at one point on the brink of having to be abandoned due to the overcrowding situation.

This was mind-blowing stuff.

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