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One in five rule out home ownership, study shows

Almost 20 per cent of Irish adults who do not own their own homes believe it is beyond them because of high rents and tighter Central Bank mortgage lending rules, as well as other supply factors, a new survey has revealed.

The survey of more than 3,000 people from online brokers 123.ie also highlights the pressure many living in rented accommodation are under and says that 14 per cent of them have missed a rental payment over the last year because they didn’t have the money.

Read the full details in the Irish Times

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