Sunday 21 October 2018

'It’s impossible to keep up, crazy rents need to be capped'


Chloe Mulligan

Chloe Mulligan
Chloe Mulligan Business Desk Business Desk

Chloe Mulligan works in the banking sector and has recently moved to Dublin from her home town of Castlerea, Co Roscommon, for a new job.

Ms Mulligan (24) is renting in the capital and had hoped this Budget would bring some relief.

"In reality, we need to see something done to cap rents, and stop them rising," she said.

"A normal graduate, straight out of college, isn't earning enough to keep up with the rents.

"Realistically, you need to be in Dublin to get the jobs and experience. Rent averages are rising at ridiculous amounts, it's crazy and impossible to keep up."

Ms Mulligan also believed that the USC should have been dropped a bit more.

The Roscommon native also said it is becoming increasingly hard for young people to get a mortgage.

"If you think of it, if you want to have a mortgage before you're 30, you have to start saving when you are about 21, and that just isn't realistic," she said.

"The Budget didn't give a lot for young people who are trying to better themselves."

Irish Independent

Business Newsletter

Read the leading stories from the world of Business.

Also in Business