Ireland’s home ownership rate decreased from 69.6 per cent in 2012 to 69.3 per cent in 2020. In 1990s and early 2000s, it had been ahead of the EU average.
“Many young adults have been unable to move out of the family home altogether due to a lack of affordable options,” it said. The share of income spent on housing was also found to have decreased for homeowners from 18 per cent in 2010 to 16 per cent in 2019, while it increased for tenants from 28 per cent to 31 per cent.
In all member states, people in the bottom half of the income distribution were said to be less satisfied with their homes than people in the top half. On average, homeowners had higher incomes than tenants and face fewer problems with their housing.
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