Dublin Property Prices Intensify

According to the Central Statistics Office (CSO), the average sales price for a property in Dublin in the 12 months to the end of April was €466,211, nine times the average full-time income. The Central Bank’s borrowing rules allow for a loan-to-income ratio of just 3½. These metrics don’t work for most people and they’re likely to put a brake on the current price trend.

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