Rip-off rents and negative equity, but don’t panic yet
Published 15/05/2014 | 02:30
COMPLETE confusion reigns supreme around almost every aspect of the housing market.
It wasn’t supposed to be this way. Just two-and-a-half years ago the pessimists still felt that house prices would continue to fall for another five to seven years.
Ghost estates, negative equity, mass unemployment and emigration were expected to keep the property market down for a lot longer.