Will the bottom fall out of the Irish Real Estate Market due to declining jobs?

House prices are so ridiculously high, especially Dublin, it is preventing people coming home from abroad

Rising interest rates would pose an equally devastating bombshell. Beware

no, the English will buy it... look at Wales.
The Americans will keep coming - they can still afford Ireland.

Hopefully, they don't leave again after the US real estate market goes plop.
Are jobs declining in Ireland?! That can't be good news for any real estate market, especially one that has experienced ridiculous speculation as it seems Dublin's has.