Ciarán Nugent: Young people have good reason to worry about the Irish economy

If the basic need of housing is unattainable for a growing number of workers, it is fair to say the Irish economy is failing young people

Household-level statistics obscure the experience of many young adults in the Irish economy.

More than six in 10 young adults are still living at home in Ireland, the largest proportion since we started counting, and the average age for leaving the nest has increased sharply to 28 years, based on statistics taken before the current inflation and rents crisis. 

Young people are worrying about their futures, while at the same time radio discussions appear to deny the reality and focus instead on young people owning mobile phones, or supposedly buying exotic fruit.