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Most people under age of 35 believe they will never be in a position to buy a home, study finds

Most people under the age of 35 believe they will never be in a position to buy a home, according to a new survey.

The research, commissioned by mortgage lender PTSB, also reveals that the majority of under-35s are now considering social housing and long-term renting in a bid to secure a home amid the continuing housing crisis.

The proportion of people who believe they will never be in a position to buy a home has fallen to 39pc, down by four percentage points.

However, the picture is notably different for younger generations, with 52pc of under-35s believing they will never be in a position to buy a home, according to PTSB’s annual Reflecting Ireland Housing and Homeownership 2026 report.

Read the full details in Irish Independent.

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