International Herald Tribune: U.S. housing collapse spreads overseas
International Herald Tribune: U.S. housing collapse spreads overseas “We know we’re already in negative equity,” said Emma Linnane, a 31-year-old university administrator. She bought a cozy, one-bedroom apartment in the Dublin suburbs with her fiancé, Paul Colgan, in May 2006, at the peak of the market. They paid €365,000, or $575,000 - at least $100,000 more than it would fetch today.
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Original post by planning4acrash
