House prices in Ireland have slumped most in the world

I sorry to hear that everyone is having a hard time.. Hopefully things will change soon for the better..JS

They should have built the houses in Ireland with Lego bricks to match the reality of the overall fake economy.

the law of physics: what goes up ... must come down. I would bet that the decline is alot smaller in the West and Southwest than in Dublin.

I could not believe the prices of homes in Ireland when I was over there 2 years ago. I thought the prices in the silicon valley were high till I got there. In some parts of California prices declined near 50% in the past 3 years.

Housing is becoming more affortable in Ireland, sounds good to me. The media has Americans trained to think in terms that what's good for business is good for me. Even when, what's bad for me is good for business. Lower housing prices are good. Of course if you sell your house you get a low price, but the house you buy will also be lower. Then there is the problem being in a mortgage that is underfunded, then you are in trouble. In American, we had fools that took out 2nd mortgages to pay off credit cards. In other words, these fools will be paying for a big mack, that they bought in 1999, until they die.

china if smart will wait a little longer and then pounce.

I'm afraid real estate prices are still too high in Ireland.