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Investment funds ravage Ireland’s housing market, already struggling with shortage crisis
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Dublin ranked third on the list of Europe’s most expensive cities in terms of rental, according to Eurostat.
PHOTO: UNSPLASH
Louise Roseingrave
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DUBLIN - Investment funds – known in Ireland as cuckoo funds – are swooping in to “thwart” the property market of a nation that is already struggling with a housing crisis.
Ireland used to have one of the world’s highest rates of home ownership, but has been hit with a property shortage caused in part by these funds.
