Dublin house price rises

The Housing Ecosystem: What the decade to 2007 tells us is that planners should be very wary of directing where buildings and people should go. House prices in some parts of Dublin are up almost 40pc in just two years, leaving a small group of delighted purchasers and a much larger group of would-be first-time buyers feeling that they blinked and missed the boat. Looking at the loan-to-value offered to first-time buyers today, and just as importantly at what they expect to happen to house prices over the medium term, it is hard to argue we are in the midst of another credit-fuelled bubble of exuberant expectations.