1. Have you looked at the Detroit residential property market recently ?

  2. Pat

    About time someone was a bit more positive than all the doom and gloom we keep hearing on the TV and radio, property is a long term bet and you will never lose in the long run

  3. I have a mixed view on this, on one hand i think we are seeing a secular bear market in property, but on the other it is impossible to say what will happen over the course of 30 years. Detroit was a kip for a long long time and their economy was reliant on car-manufacturing, if ireland faced the same uni-purpose economy then we could face a similar fate but if we turn back to exporting/manufacturing etc. it could be that we recover in the medium term.

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