Homes 17% Overvalued, Bus Fares Hiking 15%, and Ireland Stuck Bridging the EU Budget Chasm

Middle-income households are copping the worst of Ireland's housing crisis, with the ESRI finding property prices are 17% above what economic fundamentals justify. Prices have surged faster than incomes while mortgage rates have climbed, and the think tank says this isn't a repeat of the 2008 credit bubble — it's a structural supply failure. The report's blunt verdict: poor supply and affordability deterioration, not reckless...