'You’re just going round on a hamster wheel': Rents are high and home ownership has become a pipedream for most. Those turning 30 this year may be the first to have lower living standards than the previous generation. The in-built cycle that ‘we’ll all do better than our parents’ generation” has come grinding to a halt, and with it, optimism about the future has leached away. The average salary in 2021 was €48,946 and the average house price nationally was €264,867 in 2020, according to the same data. In many respects, “you feel like you haven’t started your life yet”.

Source: The Irish Times May 15, 2021 04:52 UTC