Dublin's Collapse

You think that’s psychotic? The Irish economy is in the toilet. The country is almost bankrupt. Unemployment will hit 20% within 6 months. But you still can’t buy a basic 3 bedroom home in Dublin for less that half a million Euro (€ not $). The recession is a year old, but people still can’t get their heads around the fact that their homes are only worth 30% of what they paid for them.

via 64b comments on reddit


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