Irishman builds house out of shredded euro notes

Irishman builds house out of shredded euro notes

An Irish artist has built a house out of bricks made from shredded euro notes worth EUR1.4 billion.

Frank Buckley borrowed the shredded euro notes from Ireland's national mint to build his house in the lobby of a vacant Dublin office building.

The house includes a living room, bathroom and bedroom, with patio, kitchen and money shower soon to come. Even pictures on the walls are made from notes and coins.

Buckley, who was given a 100% mortgage at the height of the housing boom but has since moved out following separation from his wife, has been living on site since he began building his "billion-euro home" at the beginning of December.

"It's a reflection of the whole madness that gripped us. People were pouring billions into buildings now worth nothing. I wanted to create something from nothing," he told Reuters.

Comments: (2)

Keith Appleyard
Keith Appleyard - available for hire - Bromley 26 January, 2012, 11:22Be the first to give this comment the thumbs up 0 likes

I'm surprised that they had so many Euro Notes available to be shredded? I confess I've never seen a tired worn out Euro note yet? Or is this an Irish plan to reduce their money supply? Presumably the Irish Mint is only entitled to shred Euro notes issued in Ireland?

Terry Day
Terry Day - International Financial Systems - London 27 January, 2012, 14:51Be the first to give this comment the thumbs up 0 likes

Based on what's happening in the Eurozone I expect they'll have a few more to shred shortly (-:


Trending Stories

Featured Job
All Jobs »
Reading, UK

Product Manager, Open Banking Payment Solutions (Reading, UK)

Guide: to £85K base + bonus + benefits

15 May