According to a research by the homeless organisation Threshold, just 6% of Irish adults rent of their own volition, reports Breaking News.
According to Threshold’s We are Generation Rent poll, more than half of renters live in rentals because they are unable to afford to buy a house of their own.
In addition, the yearly study reveals that 74% of respondents, up from 59% a year earlier, find it difficult to cover bills and other household obligations after rent, reports Breaking News.
The results “paint a picture of unaffordability and insecurity for many respondents” . Just 6% of respondents said they rent on their own will, which is a “significant decrease” from 17% the previous year.
In addition, 88 percent of respondents said they had a very hard time finding a place to rent—a 16 percent increase from 2023—highlighting the difficulties experienced by people who depend on the rental market. The poll has been conducted for seven years running, reports Breaking News.
Year-on-year, tenure-related feelings of insecurity have grown, with over half (53%) of respondents in 2024 reporting feelings of insecurity or extreme insecurity in their housing. Compared to 48% in 2022 and 48% in the previous year, this is an increase.
Steven Matthews, TD, Chair of the Oireachtas Committee on Housing, Local Government, and Heritage, gave the following remarks at the report’s launch: “There will always be a need for a viable rental sector for people who choose that over home ownership for a variety of reasons, but this should be through choice – rather than necessity – as is the situation faced by many who contributed to this report. Tenancies need to be secure, affordable and meet proper health and wellbeing standards. The development of the cost rental sector is key in providing security and affordability,” reports Breaking News.
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