Description: Ireland is opting for bulldozers rather than bankers as it starts to clear the legacy of the housing boom whose collapse brought the economy to its knees.
Source: Bloomberg.com
Date: July 19, 2012
Questions for Discussions:
- How did over-supply undermine the real estate market?
- Who is to blame for this fiasco?
- How can this be prevented in the future?
- How did the collapse affect banks, governments, economic growth, and currency?
Leave a Reply
You must be logged in to post a comment.