Corporations in housing market: Recapture of wealth will spark chaos

Fundamental changes in how we live, fundamental changes in our capacity to realise expectations we hold dear can take hold almost under the radar.

If that change is a quick fix to a crisis then it can be embraced with undue haste. The scrutiny that should lead to positive outcomes is often set aside. This week’s suggestion to an Oireachtas committee by University of Limerick economists that the take-it-or-leave-it €5bn National Broadband Plan should be scrapped so better options can be considered points to one example where desperation has trumped prudence.