Property market’s steady progress despite threats to global stability

We’re straight into another crisis blowing in from the chilly east, writes Tommy Barker, Property Editor

September 2021 saw the Government parties launch the ambitious Housing for All series of initiatives up to 2030, containing over 200 targeted measures, incentives, and goals: An Taoiseach, Micheal Martin, Minister for the Environment, Climate, Communications and Transport, Eamon Ryan, Tanaiste, Minister for Enterprise, Trade and Employment Leo Varadkar, and Minister for Housing, Local Government and Heritage, Darragh O'Brien.

Just when it appeared that 2022 would be a turning point in the seemingly ever-dysfunctional Irish housing market came an unexpected cry from the past: “The Russians are coming.” It took two years to shake off the bogeyman of a global pandemic; then, all of a sudden, just as the second anniversary of Covid-19-imposed social stalemate and the threat to human health across our planet levels out, we’re straight into another crisis blowing in from the chilly east.

Who could have predicted it?