European report says Irish house prices should be left fall further; Real mortgage rates in Ireland were zero or negative between 1999 and 2005

Jun 12th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
A European report says that Irish house prices should be left fall further to more sustainable levels but the Government should have acted years ago to cool the raging market. The report says that real mortgage rates in Ireland were zero or negative between 1999 and 2005.

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