Irish property as a pension

Any idea what happened to this guy?

The Times, February 2005

Dealing with noisy tenants, leaking washing machines, management agencies and having to pay a “levy” to repair the leaking roof or broken gate of a shoddily built egg box is not my idea of a peaceful retirement.

If you’ve got a number of properties and can hand them over to a professional management company, great. But I don’t think this is the reality for most handlebar-moustached land lords.

This guy ain’t the average celtic pup inverstor, he’s not bought a second house to rent at the height of the boom, in fairness i’d say smart guys like this will not be the ones getting burned.