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Could property have a soft landing this time around?

Gabrielle Monaghan


Economists say another property crash is unlikely, and prices have to taper off – but when will the nightmare end for first-time buyers? 

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Five years ago, a rent increase compelled Aimée Roche to quit her apartment in Dublin and move back home to her mother’s house in Tallaght, so she could save to buy a property of her own.

In February 2020, armed with approval in principle for a mortgage and a 10pc deposit, Roche started looking for properties in Tallaght within her budget of up to €225,000. Then Covid struck.


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