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Thu 09 Sep 2010Lorcan Sirr, property lecturer, DIT

PROPERTY UPDATE: MY VIEW:ANY suggestions that there’s been an “uplift” in the market are really just hopeful thinking. They may well be right – and let’s hope so – but it’s just educated guesses due to the lack of information out there.

This lack of information is a huge problem for Irish property professionals. Not even the Government knows how many vacant units are in the country, and if they don’t know the basics, well then how can they begin to formulate policy for property and its markets?

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