A nice property in south Dublin is a tough task but I would say a distressed market will suit you and you must be ready to STRIKE! It's a crazy world at the moment, world economies frozen yet the Tesla share price has more than doubled since March 17!
If you are serious you must invest the time and know your market inside out and watch it develop, not for the faint hearted and expect disappointment. Good luck.
For those less familiar with Dublin housing situation my son just rented a 1 room (yes, one room, not one bedroom) apartment or whatever you call it for €1600 per month in old Georgian Dublin (Baggott St). It's bananas!
If you plan on living in Dublin for the foreseeable and find a house you want and can afford it buy it. That said I expect the market to basically freeze with very little transactions until at least next year... we are all deer stuck in the headlights
The thing is John and this is the truly criminal part of it, renting in Dublin especially, is vastly more expensive that a mortgage on the same property. If you rent, you can't afford to save and if you save you can't live anywhere you would want to live or bring a girl home to. Buying a house will save me money. Not only will I be buying an asset but I will be better off each month, even after paying for the various insurances etc. Truly bonkers. I'm just glad i'm not 25 trying to do this.