Pursuits
Bono’s Neighborhood Shows World’s Hottest Market Wilting
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For Tom Kelly, a 68-year-old living in a wealthy neighborhood on the south Dublin coast, the world’s hottest property market is cooling at the worst time.
In October, Kelly and his wife offered their five-bedroom home for sale for 1.45 million euros ($1.6 million). Six months and a 14 percent price cut later, the property still hasn’t been sold.