Finance Minister says we have no reason to feel concerned about rising property prices

The Finance Minister says Ireland has no reason to feel concerned about rising property prices. michael noonan 2Michael Noonan says the increase in prices this year is modest compared to the massive drop in prices in recent years. The minister says it’s reasonable that the cost of buying a home is at least the same as the cost of building one on an undeveloped site. But Minister Noonan has ruled out measures like front-loading taxes to try and dampen the recovery:[audio_player src=”http://media.radiokerry.ie/mediamanager/embed/audio/15946/medium/”]

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