67% of people say buying first home more challenging

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 27 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 61%

News News

New research commissioned by life insurance and pensions firm Royal London Ireland has found that 67% of Irish people say that it is more difficult than ever to buy their first home.

The research also shows that 27% agree that while it is difficult to get on the property ladder, this has always been the case.

33% of men, compared to just 21% of women, perceive these challenges as being a longstanding feature of the Irish property market. "Notably, a significant cohort believes that the difficulties have always been present, which suggests a deep-rooted issue within the housing market that has persisted over time. Census 2022 findings show that for the first time in over 170 years, Ireland’s population grew to over five million people which has put a huge strain on the housing supply throughout the country," he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in ERROR

İnsurance İnsurance Latest News, İnsurance İnsurance Headlines