Hands-off tax approach threat to future

As asset prices have surged, putting property ownership out of the reach of many, our leaders seem unwilling to tackle key vested interests, says Kyran Fitzgerald.

A decade ago, lots of nasty stuff began to hit the fan and life for many of us got messy.

The Economist magazine was among the first to warn of a bursting in Ireland’s Noughties property bubble, with reports issued by it to this effect in 2004 and 2005 — reports which were dismissed at the time by politicians, economists, and representatives of the property sector.