Rathmines home going for €235,000 over asking price sums up housing crisis perfectly

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Never has the housing crisis in Ireland been summed up better than a listing on myhome.ie which shows a house having offers of €250,000 above the asking price.

The four-bedroom semi-detached house, which is on Fortfield Terrace in Rathmines is listed with an asking price of €685,000.

It’s being promoted as a “blank canvas” but for that original asking price, you’d want the finished product.

The current highest bid stands at an eye-watering €935,000. But, what do you get for just under €1 million?

The Fortfield Terrace house is described as a “very fine 1930s built semi-detached family home with many noticeable periods features evident throughout nicely positioned on this quiet setting just off Upper Rathmines Road”.

“Number 9 offers an exciting opportunity to acquire this ‘blank canvas’ which boasts enormous potential and is likely to appeal to a wide variety of purchasers seeking to gain a foothold in this prestigious location,” the listing adds.

It’s within walking distance from a number of prestigious south Dublin schools and has plenty of public transport offerings.

The Twitter account, Crazy House Prices shared the listing to highlight just how out of control the Irish property market currently is.

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