History repeats itself, that is a well known fact.
And in Ireland’s case, the property bubble that crashed the economy some nine years ago is beginning to show signs of coming around again.
It has emerged that the cost of renting a property here has risen by 3.9% in the past three months, and at the same time, the number of properties available for rent has decreased by as much as 20% when compared to this time last year.
According to property website Daft.ie, the increase in prices has now exceeded the ridiculous highs reached during the heyday of the Celtic Tiger.