But this boom is different, as those with a home are not looking upon it as an asset to be cashed in to move up the ladder. The lack of new housing means the market is quite dysfunctional and there is little enough movement.

The shifts in the market have ramped up the prices and made many homeowners uncertain of what their house is worth. In the middle of this fluidity comes the latest assessment for the property tax for the next five years. If anything, it is a testimony to the honesty of taxpayers that so many homeowners want to be sure they put themselves into the correct band – or else it is down to a fear of the Revenue Commissioners coming knocking.

Today's News in 90 Seconds - Monday, November 10th

The extraordinary high level of compliance with the property tax is certainly test

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