Over the past five years Ireland has been on something of a tear. The economy is the fastest growing in Europe, unemployment has fallen below the EU average and house prices rose 11.9% last year, on top of 8.6% growth in 2016, according to rating agency Standard & Poor’s.
In some corners, the devastation wrought by the 2008 financial crash — when house prices dropped 55 per cent — feels a distant memory.
But there are fears the latest housing boom could foreshadow another slump — especially among Dublin’s wealthy enclaves.
