We are told that we are in the bust part of a "Boom and Bust" cycle in the property business. It is hard to know if we are at the start, middle or end of the bust, but we are certainly somewhere in it.
Not all agents see things this way though. I received a brochure in the post from an agent in Kilkenny, promoting a development site, close to the town centre. A difficult sell in current circumstances, I would have thought. But no, the agent thinks otherwise.
The covering letter says(in bold red print):
Developers, get ready for the Property Upturn!
Do they know something that we don't?