debt - passivehouseplus.ie

Richard Douthwaite proposes a new bank-free, debt-free way of financing property purchase and development to get the market working again and clear up the mess left by the bubble.

The worl­d has learned the hard way that our political leaders lacked the judgement and resolve to identify and address the problems which led to the recession. Richard Douthwaite argues that a similarly flawed judgement is evident in the assumption that the economy will recover, and advises on how to prepare for a future of global economic contraction.

World record oil prices are being shattered so regularly that breaking news stories on the matter seem cliché, with other fossil energy sources heading in the same direction. Richard Douthwaite describes the first significant signs that Irish banks may be starting to take the issue on board regarding property lending.