Business and Finance News

When County Dublin’s land prices rocketed 530% in 9 years

After four decades of independence and grim economic torpor, a new Irish economic policy coupled with strong growth across Europe and in the US (8.5% real growth in 1965), brought delayed good fortune to Ireland’s economy and owners of serviced land in County Dublin. With no capital gains tax, the average price rocketed by 530% in 1963-1971 compared with a rise in consumer prices of 64% in the period.

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