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national / housing / opinion/analysis Thursday May 21, 2015 23:36 by pbp 1 comment (last - friday june 05, 2015 22:59) 1 image
Guess where a property speculator can get their best return on investment in the whole world? Dublin. It is unbelievable but true. After chaos wracked on Irish society by the Celtic Tiger property boom, the speculators are back. A global survey by the research company, MSCI, has found that highest profits can be made in Dublin from buying and selling property. Capitalists generally expect to get a 10 percent rate of return on their investment in industry. If they want more, they shift to riskier areas such as property speculation. If they chose their city right, they can get a 19 percent rate of return. But last year, Dublin provided the jackpot with a 44 percent rate of return. read full story / add a comment |
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