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Property market's no house of cards

PROPERTY holds a fascination for Irish people. Everybody has a view on it, much of it garnered from the property supplements of the newspapers or from their own experiences in the marketplace.

There is a deep-rooted desire by most Irish people to own their own home, stemming partly from our ancestors being dispossessed, as well as a practical belief that monthly outgoings are better going on mortgage repayments rather than paying rent to a landlord. There is also the widespread desire to create a bricks and mortar nest egg or pension for the future.

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