|
gptkbp:instanceOf
|
economic crisis
|
|
gptkbp:causedBy
|
speculation
deregulation
low interest rates
easy credit
property tax incentives
|
|
gptkbp:collapseYear
|
2008
|
|
gptkbp:consequence
|
austerity measures
unemployment rise
public debt increase
emigration increase
IMF/EU bailout (2010)
|
|
gptkbp:country
|
gptkb:Ireland
|
|
gptkbp:effect
|
gptkb:Irish_banking_crisis
gptkb:Great_Recession_in_Ireland
bank bailouts
NAMA creation
massive property price drop
negative equity for homeowners
|
|
gptkbp:endDate
|
2007
|
|
gptkbp:governmentResponse
|
bank guarantee scheme
NAMA (National Asset Management Agency)
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Irish housing bubble
|
|
gptkbp:mediaCoverage
|
gptkb:RTÉ_News
gptkb:The_Irish_Times
gptkb:Prime_Time_Investigates
|
|
gptkbp:notablePerson
|
gptkb:Brian_Cowen
gptkb:Bertie_Ahern
gptkb:Seán_FitzPatrick
gptkb:Patrick_Neary
|
|
gptkbp:notablePlace
|
gptkb:Allied_Irish_Banks
gptkb:Bank_of_Ireland
gptkb:Anglo_Irish_Bank
|
|
gptkbp:peakProductionYear
|
2007
|
|
gptkbp:propertyPriceCollapse
|
over 50% drop (2007-2012)
|
|
gptkbp:propertyPriceIncrease
|
over 300% (1996-2007)
|
|
gptkbp:relatedConcept
|
economic crisis
housing market crash
property speculation
asset bubble
credit bubble
negative equity
|
|
gptkbp:relatedEvent
|
gptkb:Celtic_Tiger
2008 global financial crisis
|
|
gptkbp:startDate
|
1996
|
|
gptkbp:bfsParent
|
gptkb:Irish_property_bubble
|
|
gptkbp:bfsLayer
|
7
|