Mercille (2013) Flashcards
What is the Irish housing bubble ?
The Irish property bubble was the speculative excess element of a long-term price increase of real estate in the Republic of Ireland from the early 2000s to 2007, a period known as the later part of the Celtic Tiger.
How did media coverage change throughout the crisis ?
Media coverage of the housing bubble increased as the market collapsed, reflecting the views of political and economic elites.
The media, particularly newspapers like the Irish Times and the Irish Independent, significantly increased coverage of the housing bubble from 2008-2011 compared to the period of 1996-2007.
What are some key words to identifying articles discussing the housing bubble ?
The terms ‘housing bubble’, ‘property bubble’, and ‘real estate bubble’ were used to identify articles discussing the Irish housing bubble.
What was the media’s role in shaping the population’s perspective of the crisis ?
The media played a role in shaping public perception of the housing market, often downplaying warnings about the bubble.
Media outlets published optimistic assessments of the property market, even in the face of evidence suggesting a bubble.
Television programs like Prime Time had limited coverage of the housing boom and tended to present positive views from experts.
How did they use experts to promote this perspective ?
The media often relied on experts from the financial and real estate sectors who provided positive, optimistic analysis of the housing market, and benefited from doing so.
How does the article view this role the media played ?
There is criticism directed towards the media for its handling of the housing bubble, including accusations of sensationalism and irresponsibility.
