[QODLink]
Europe
Irish 'ghost estates' belie upbeat statistics
Real-life examples such as abandoned property developments contradict figures suggesting a stable economy.
Last Modified: 27 Nov 2011 05:32

It has been a year since Ireland called for international support to bail out its banks.

Since then, statistics appear to show the economy has stabilised, but the economic situation for people on the ground is very different.

There are more than 2,000 abandoned developments, known as ghost estates, as the country's housing boom was found to be built on sand.

Al Jazeera's Laurence Lee reports from central Ireland.

Source:
Al Jazeera
Topics in this article
People
Country
Featured on Al Jazeera
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Israel's Operation Protective Edge is the third major offensive on the Gaza Strip in six years.
Muslims and Arabs in the US say they face discrimination in many areas of life, 13 years after the 9/11 attacks.
At one UN site alone, approximately four children below the age of five are dying each day.
Featured
Afghan militias have accumulated a lengthy record of human-rights abuses, including murders and rapes.
Growing poverty is strengthening a trend among UK Muslims to fund charitable work closer to home.
A groundbreaking study from Johns Hopkins University shows that for big segments of the US population it is.
Critics claim a vaguely worded secrecy law gives the Japanese government sweeping powers.
A new book looks at Himalayan nation's decades of political change and difficult transition from monarchy to democracy.
join our mailing list