If this is a ‘barometer’ of our economy, we’re in real trouble
From this weeks Kildare Nationalist.
A four bedroom house in Ardreigh in Athy was on the market two months age for €625,000 and, due to the cartel selling it coming to their senses, the house is now down for auction on June 05 with a reserve of €400,000.
In my humble opinion, this is indicative of how mortgage holders have been fleeced in recent years when the myth of the Celtic Tiger was being spun in order to suck them into their present trap.
All that’s left of this ‘famous’ tiger now are the hairs on carpets that may never be paid for.
It’s just another little Bertie Legacy.
Lucky if they get 200,000 for it before it all ends..
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