10,000 Apartment for Sale in Dublin?

10,000 Apartment for Sale in Dublin?

It was reported in the Times that Irish Residential Properties Reit (Ires), the country’s biggest landlord, is forecasting that up to 10,000 apartments may hit the market in the next two years.

Is this an early signal of a crash? Are funds in trouble due to interest rates, and is everything about to implode?

I have been forwarded and sent messages on this headline with comments like crash has started, and questions about when will the apartments be available to buy by the public and will this drive down prices.

Ok so lets consider what might happen or what is likely to happen.
Credit to : Shane Fleming