The Globe and Mail reports in its Tuesday, July 29, edition that a 2007 study on Irish real estate said, "Most available evidence would now appear to suggest that the housing market appears to be on the way to achieving a soft landing." The Globe's Tara Perkins writes that it is a line Canadians have been hearing for years. Looking at the Irish experience, Ms. Perkins says the "soft landing" assurance might be seen as more of a warning. That is not to say the Canadian housing market is poised for a crash the likes of which were seen in Ireland and the United States about six years ago. However, Ireland is now looking at Canada with envy when, perhaps instead, we should be learning from it. Genworth Financial, for one, which sells mortgage insurance in several countries, is suggesting Ireland take a page from the Canadian model. Genworth vice-president Winsor Macdonell says, "Canada has had a universal mortgage insurance scheme in place for over 50 years." He is urging the Irish government to adopt a similar mortgage insurance program. "During the recent financial crisis, the benefits of this scheme were very evident as the Canadian housing market performed well."