Income of €89,000 for Dublin first time buyers
The average household income of first-time buyers taking out a mortgage loan in Dublin this year was €89,000, according to a Central Bank report. And the average income of the first-time buyer outside Dublin was €68,450, according to the bank’s Household Credit Market Report.
It also shows that both mortgage and consumer loans advanced by Irish banks are among the most costly in Europe. At 2.9%, the average new loan to buy a home was the most costly after Greece, and at 10.3%, consumer loans were the fourth-highest compared with a group of European countries,
