Yes, but why was it a crap idea to build lots of houses? England and Ireland are pretty good places to live. That's the one thing we've got going for us. People look round the world, and they say....looks good to me - compared to the other places. even 'the troubles' would have fit comfortably into the average noisy weekend in New York, or Chicago.

Theres more freedom than most places. the weather is sort of liveable with. The english language means we've got access to all sorts of cultural influences, and lots in common with places like America India and Australia.

Okay they got the sums wrong. But the basic fact remains - Ireland and England are shit hot places to live in and (supply and demand!) you couldn't go wrong building houses for the folks who want to live there. Yet they did. I think its a pity.