Seven out of 10 renters believe they will never be able to afford to buy their own home.

According to a survey from – almost 90% worry about being able to pay their rent.

Only one in eight people who responded to the Taxpayer Sentiment Survey believe they will be able to afford a home in the next five years while just 16% of people expect to be able to afford a home in the “long term”.

“While attitudes and perceptions towards long-term rental in Ireland are changing, for many Irish people the absolute ambition at a certain stage in life is still to buy a house and own your own property,” said Mark Corcoran of

“What this survey reveals is that for a large percentage of people, that ambition feels very much out of reach.

That is becoming the new reality for a whole generation of Irish people.

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