Monday 20 February 2017

The Government wrings its hands, but policies drive income to capital

Published 09/07/2015 | 02:30

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Click to view full cartoon

IN that hilarious depiction of Irish mores, "McCarthy's Bar", one scene describes the reactions of different nationalities at a traditional music session. While the Americans took photographs and the Swedes took notes, the Irish stood at the back, talking about property prices.

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Guilty as charged, m'Lud. On holiday in Umbria, I freely confess to looking at the prices of all those alluring villas and converted stables. Don't we all? It's not that I have the slightest intention of buying one - it's just that national obsession with how things are going with property.

They seem to be going well - or is it ill? One could again sell up in a decent urban area of Ireland and buy - if not the luxurious pad which would have been possible in 2005 - a very nice retirement home in a sunny place.

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