As if on cue, the screaming headline in today's SBPost: "Second-Hand house prices to jump by 20% in Dublin".
Further down the front page: "Loans of six times income on offer".
Soft-Landing ?
It's possible that in the US and UK they might be able to engineer a soft landing or at least control the rate of fall for a while with adaptable interest rate policy.
But here ?
Folks, it's very difficult to put a timeline on this but it's just not going to end well, is it ?