Daft Property - Irish Property News

Guru hobbs blames cowen as homeowners face 10 year wait for property price recovery... Financial guru Eddie Hobbs has lashed Taoiseach Brian Cowen for the "leadership vacuum" that has prevailed for the past year. And he warned that it could take up to 10 years for Irish property prices to return to anywhere near their pre-recession levels. In a hard-hitting critique of the country's leaders, Hobbs claimed the Government had failed to lead the nation for the past decade. "There was a lot more they could have done but I don't think the Government have properly governed the country for the past 10 years," he told the Herald. "Ireland has been governed by other forces instead, like developers and public sector income through the partnership process. Now that that process is fractured, the Government is only beginning to govern again. "I find it no coincidence that we're finally beginning to see leadership from Brian Cowen within days of the fractur