Tuesday, June 30, 2009

Mark Fitzgerald, CEO, Sherry Fitzgerald

Pat Kenny, RTE Radio 1, 29 Jun 2009

"I think probably 7 or 8 years ago [since we had a normal property market]"

"[50% drop] is a rapid correction"

"I think the correction is very very far advanced.... Houses prices have fallen by 40 to 50%...."

Mark calls the bottom!

"I think what they're now doing in Dublin is stabilising, they're at a level and they've stopped falling would be my view."

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