This post uses Census and CSO data to estimate how many mortgage-holders in each county are faced with ‘unexpected unemployment’. Nationwide, almost 7% of mortgage holders are dealing with unemployment, a figure that could rise to 10% if the Live Register hits 500,000. Louth in particular and Leinster more generally are the worst affected areas.
Filed under: 1 Irish Economy | Tagged: irish property market, louth, manyeyes, negative equity, recession | 12 Comments »