Saturday 25 March 2017

Generation Rent deserves protection

Generation Rent is the label attached to a growing cohort of young people who have no expectation of ever buying a house
Generation Rent is the label attached to a growing cohort of young people who have no expectation of ever buying a house
Editorial

Editorial

Generation Rent is the label attached to a growing cohort of young people who have no expectation of ever buying a house.

According to a report on the rental sector from the respected think tank, the National Economic and Social Council (NESC), Government policy now recognises that up to one-third of the population will find it increasingly difficult to achieve home ownership.

Nationally, about one in five households are renting from a private landlord, although this percentage is considerably higher in the three biggest cities of Dublin (34pc), Cork (29pc) and Galway (40pc).

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