The real estate market in Ireland may be the hottest investment you can make nowadays with almost no fear of loosing your money in a long run. Or at least it seems so if we look at the economic trends in this tiny European country.
Unemployment is almost nonexistent.
Real estate prices are going only in one direction - to the sky. In the last year alone prices and rents for luxurious houses and first class offices in the capital of Dublin nearly doubled. It is like the Wall Street ups, the local dealers joked several months ago. But even after the NYSE and Nasdaq entered into a period of painful corrections in March, the Irish real estate market continued to grow. There is only one thing to worry about in this bright picture - inflation.