Thanks for that – I linked to your earlier post at the start too. You’re very right – there are too issues at play here. One is ghost estates, which are a subset of the overall over-supply problem but have their own issues. The bigger issue is of course oversupply.
Rob Kitchin ,
Ronan,I’ve had a go at trying to explain the difference between overhang and oversupply and why it is important not to shift the focus solely to the overhang. The post can be found here:
http://irelandafternama.wordpress.com/2010/10/26/why-focusing-on-overhang-at-the-expense-of-oversupply-is-a-folly/
Ronan Lyons ,
Hi Rob,
Thanks for that – I linked to your earlier post at the start too. You’re very right – there are too issues at play here. One is ghost estates, which are a subset of the overall over-supply problem but have their own issues. The bigger issue is of course oversupply.
Ronan.