Meanwhile over at Blogstead na Mara, all is calm, all is bright.
Poppy is relaxing after doing the Irish Times Crossword – and recovering from the excesses of a night in which the fire alarm went off twice. Her friend, the Celtic Tiger, seems to have gone off to Poland to look for a job. The three houses across the valley – 615000 euro when first built – are now reputed to be on sale for 300000 euro. But still no takers.
bliss with a touch of fang. splendid.
UCD economist Morgan Kelly suggested that prices would fall 80% from peak to trough – so a cottage at 615k would finish around about 125k. But, even then, who has 125k to spend on a holiday place?