About two years after securing her first home, Stacey Hawkes found herself on the other side of the housing crisis. She was someone selling, as opposed to trying to buy.

“Within the first couple of weeks we had 80 viewings, and it was sold within four weeks,” she says.

Throughout the process some of those hoping to purchase her house were contacting her directly, hoping to cement their chances, she recalls, describing it as “absolute chaos”.

After 84 bids, the three-bed house in a new estate in Blarney, Co Cork, was sold in 2023 for €425,000.

“It’s crazy, the value of the house isn’t worth €425,000. For the material, I wouldn’t pay for that,” she says.

The house was ultimately bought by a property management company which intended to rent it out, s

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