News Analysis

Thursday 8 December 2016

Thomas Molloy: Can Shelbourne re-ignite elusive feelgood factor?

Published 16/04/2011 | 05:00

THEY were queueing around the block at the Shelbourne yesterday as shops, offices and ordinary homes were auctioned off in the biggest sale the capital has seen in years.

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The buzz was everywhere. In the hotel where 850 people jostled in the ballroom to watch the proceedings, on the streets from where one successful bidder managed to buy a flat in Portlaoise, and in Doheny & Nesbitts pub, which once lent its name to a school of economic thought but was yesterday home to curious onlookers who followed the auction on closed circuit television.

Hours later, the most emailed and most read articles on the newspaper websites showed that the great Irish love affair with property endures despite the recent ups and downs.

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