Title

Irish Bubble Trouble and Housing Price Phenomenon in Europe

Document Type

Article

Publication Date

Fall 2010

Abstract

This paper is an analysis of residential dwelling price trends in the EU countries since the signing of the Maastricht Treaty in 1992 with a particular emphasis on the Irish housing bubble. The paper analyzes and compares price trends within the EU countries and within major metropolitan areas in different states in the US. The authors suggest that an unprecedented combination of cheap funds, a growing mortgage industry, the acceptance of mortgage borrowing, and demand for housing that helped push home prices to record levels in Ireland.

Language

English

Comments

This article is the authors' final published version in Real Estate Review, Volume 39, Issue 3, 2010.

Copyright © University of Maryland

This document is currently not available here.

COinS