Property boom - Prophets of doom are proved wrong

THE army of tall cranes marching across the skyline of every city and town in the country is a telling sign of Ireland’s booming property market.

Lured by the attraction of handsome returns, more people are putting more money into property than any other investment vehicle.

So buoyant is the market, according to the latest report, that one in nine adults are considering buying a property in the next few years.