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    Alexander the housing situation in Ireland wasnt anything to do with a tourism initiative. Tourism always been very healthy in Ireland. It was simply to meet the demand for new homes to match the fantastic increase in wealth of the individual citizen, all due to the EU. Make no mistake, Ireland was booming with monies aplenty. Everyone wanted houses. In Ireland they have a habit of building estates, relatively well to do estates, with relatively big houses and in green land areas as they have much more space there.

    But then...
    suddenly, the bubble burst a year or so back and kaputt ! Many of these estates partly built, are now relics of a suddenly bygone era. I use the word suddenly, and it really was sudden and thats what is causing real concern right across the EU. How you can go from boom to bust so damn quickly. Frightening.

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