The number of first-time home buyers under the age of 30 has more than halved in the last 16 years.
The number of first-time home buyers under the age of 30 has more than halved in the last 16 years.
It has gone from a 60 percent market share in 2004, to 24 percent this year, according to a new report by the Banking and Payments Federation.
It comes as the Central Bank will today publish its annual review of mortgage lending rules, and outline whether banks can participate in the government's proposed shared equity scheme.
CEO of the BPFI, Brian Hayes, says lending rules are a factor in the rising age of first-time buyers:
Teenager From Greystones Named As One Of The Victims Of Icelandic Car Crash
No Turning Back! — Oisin McConville Secured For 2027 In Massive Wicklow Boost
Pure Magic! 20 Years of Keeping Wicklow Uplands Clean
EU Defence Ministers Descend on Wicklow as Government Pledges €10m More for Ukraine
Old Recording Adds To Intense Concern About Road Safety