Irish ‘ghost estates’ belie upbeat statistics

Real-life examples such as abandoned property developments contradict figures suggesting a stable economy.

ireland economy package screengrab

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