Lets see Ireland is in massive recession, with massive unemployment and cutbacks still occuring, property down by 50-60% from peak and many people struggling just to pay mortgages and live
14% unemployment (-v- 20% in Spain), Ireland still has one of the highest GDP per capita with an average of $45,688. Cutbacks in the right area's which should have been done years ago, be carefull in suggesting all property is down by ''50-60%'' when that only accurred in towns such as Adamstown etc.. most citys lost between 20-30% relative to the UK during late 2008 i might add. 300,000 to 350,000 are in negative equity, with an estimated 20,000 to 35,000 struggling to pay mortgages, struggling to live is a MASSIVE overstatement something which i would come to expect from a non-national, with one of the highest doll payments in Europe defaulting on the breadline is rare and those people are looked after by different ngo's. Be carefull the next time you splash out the facts you think you know the next time racedo.