A young adult who got a mortgage approved after three years of “living like a monk” fears he may still miss out on owning a home.
abour county councillor Conor Sheehan (28) has a good job and both a bachelor’s and master’s degree.
Yet he became part of the “boomerang generation” as he had to choose between paying rent and one day affording to buy somewhere to live.
He moved back in with his parents in Co Limerick in 2018 after deciding to run in the local election. Sacrificing his independence paid off after his mortgage application was successful in January.
However, he has been outbid by up to €30,000 on every house he has tried to buy since and is facing the prospect of another year at home.
“The last six months have been awful,” he told the Irish Independent.
“I’m terrified about what will happen if