Varadkar: Lack of one-bed apartments for single people is big part of Ireland's housing problem – Newstalk

Ireland doesn’t have enough one-bed apartments for single people, the Tánaiste has claimed.

It comes as latest figures show fewer people aged under thirty are buying their own home.

An analysis by the Banking and Payments Federation of Ireland shows 24% of mortgages for first-time buyers were drawn down by people under-30 in the first half of this year.

Advertisement

That compares to 60% by under-30s in 2004.

In the Dáil, Social Democrats TD Holly Cairns highlighted those figures and argued Ireland is “no country for young people”.

She said many young adults are stuck living at home due to high rents, unaffordable mortgages and the rising cost of living.

She blamed the current and previous governments for the situation.

Addressing the Tánaiste, she said: “Why should young people have any faith in your Government?”

In response, Leo Varadkar criticised left-leaning opposition parties’ stances on housing.

Continue reading this atricle at https://www.newstalk.com/news/varadkar-lack-of-one-bed-apartments-for-single-people-one-of-irelands-biggest-housing-supply-problems-1281969