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.
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