Irish Examiner view: ‘Economic shock’ looms over housing sector

A survey by the housing website myhome.ie suggests that an 'economic shock' could have a sharp impact on the housing market

'The prospect of even a slight cooling in house prices may seem encouraging to those still struggling to get on the property ladder but, as we all know, the housing crisis is a multifaceted one. If banks are slow to loan money that is one challenge, but lack of supply also remains a problem.' Picture: Denis Minihane

There has been a steady stream of articles explaining exactly what tariffs are, and what they mean for consumers all over the world, ever since US president Donald Trump hit upon them as the solution to all of America’s ills. 

The abbreviated version of those articles — that such tariffs are a harbinger of bad times — may already be passing its sell by date, as we seem to be moving swiftly past the “harbinger” stage.