Households too uncreditworthy to have access to borrowing escaped this dimension of the boom and bust: this dimension to the downturn is not evidently correlated with that of income changes. Residential property losses are disproportionately found in certain age groups, notably those now in their late 30s and early 40s.
Not everyone lost in the bust: after all, sellers of real estate in the boom period had a gain to fall back on when the downturn came. The first extensive household wealth survey for Ireland in over a quarter century was carried out during 2013 for the Central Bank of Ireland.