Thousands will not be able to buy homes, says report

A range of social classes will “find it difficult if not impossible” to buy their own homes in the future, according to a senior advisory group to Taoiseach Enda Kenny.

A report, presented to Mr Kenny by the National Economic and Social Council (NESC), also suggests that many families “will have little chance of buying their own home” and will have to turn to social housing or rental properties.

These include those on lower incomes, single earner homes, single parent homes and single person households. Research carried out for the introduction of water charges showed about one-third of households were single adult dwellings.

Read the full story in the Irish Times

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