Irish Economy on 'way back'.

'We are in a cycle and 2008/9 is the bottom of the cycle. We should be at the top of it in 2012.' So says the prestigious ESRI or Economic and Social Research Institute. Meanwhile with Ireland moving up the value chain it appears that there will be a decline in constructioin and manufacturing to be replaced by growth in the services sector, particulary in the financial arena, and managerial and professional positions will account for the major share of the jobs market.
Meanwhile the government should concentrate more resources on infrastructural development. All this is in line with recent commentary by the OECD.
There is growing evidence that the so called crisis in most European countries is less traumatic than the various gurus would have us believe. If Ireland and other well managed economies will be peaking again within three to four years, now appears to be a good time to seriously reflect on medium term investment.
One possibility in Tenerife could be to purchase now from plans, at fixed prices and experience at least a 50% growth in value during the delivery period. Tenerife is already spending vastly on infrastructure! Now is very much a buyers market. Consult a professionally qualified, registered and bonded estate agent, without obligation.
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