OECD raises possibility of ‘another property bubble’ as it warns of overheating in Irish economy

SIGNS of overheating have started to be seen in the Irish economy, the Organisation for Economic Cooperation and Development has warned – and Brexit remains the biggest risk.

In its latest biannual economic outlook, the Paris-based agency pointed out that new mortgage lending and loans to small businesses have risen sharply in recent months, as the property market remains buoyant despite high bank lending rates.

https://www.independent.ie/business/irish/oecd-raises-possibility-of-another-property-bubble-as-it-warns-of-overheating-in-irish-economy-36964228.html