abstract:Speculative Fever is a term used in the housing market which represents the frequent action of buying and selling housing properties. In the case of Speculative fever, the buyer and seller has no intention of ever occupying the house, only purchasing it for the sole reason of selling it off for a profit.
The prosecution of the Quinns has reawakened nationwide anguish and finger pointing about the reasons for the cataclysmic collapse of the Irish economy which had sailed so high on speculativefever for nearly 15 years.
The real estate market, long considered to be a bubble even by some developers, is now the target of tough government measures intended to cool a speculativefever that has driven up prices dramatically in major cities.