75% Of People Living In Rented Accommodation Are Not Doing So By Choice.

Thursday, 1 July 2021 09:37

hat proportion, when applied to Co. Kildare, equates to around 9,000 tenants

Just 1 in 4 people renting in Ireland are doing so by choice.

That proportion, when applied to Co. Kildare, equates to around 3,000 tenants.

While more than half are renting because they can't afford to buy, according to a new survey.

6 in 10 renters say they're hopeful of owning their own home in 5 years, but only half of them expect to be able to.

CEO of Threshold, John-Mark McCafferty, says the findings are reflective of the huge challenges facing renters:

Just a quarter of people renting in Ireland 'are doing so by choice' https://t.co/WR2kSy74GX
— Irish Examiner (@irishexaminer) July 1, 2021

While more than two thirds of 35 to 44-year-olds renting are doing so because they can't afford to buy their own homes.

John-Mark McCafferty, says renting is no longer the stepping stone to home ownership it used to be:

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