Tuesday 25 July 2017

Rental market is not suited to the needs of families

Young prospective parents lying on the couch while using the ebook
Young prospective parents lying on the couch while using the ebook
Mark Keenan

Mark Keenan

Rising property and rental costs don't just frustrate our housing ambitions, they also impact on much wider aspects of our family and social lives - as indicated by the results of the REA first-time buyer survey published today.

The data show that the average age of Ireland's first-time home buyer has increased to 33, due largely to higher prices and their difficulties in obtaining mortgages.

For the first time, this is beyond the age at which women in Ireland give birth to their first baby, at 32.1 years.

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