Everybody knows that Ireland has experienced a boom after having adopted the euro, and a subsequent bust. It has been accompanied by wild swings in property prices:
Somebody may argue that Northern Ireland—which, of course, uses the pound—hasn't been better off when speaking of property prices. The boom in Belfast was no less breathtaking and the bust was similarly gut-wrenching as in Dublin:
Well. Is it thus indifferent if we have the pound or the euro? Not nearly so. This is what really matters: the unemployment rate in Britain compared to Ireland. Note that the unemployment rate in Northern Ireland peaked in 2013 at 8.5 per cent. The Republic of Ireland has been much worse off.
This is the real advantage of having an independent currency. Forget the property market.
A white male with some professional experience in finance and investing.