House ownership at 1950s levels, study shows

House ownership in Ireland has fallen to a percentage not seen for almost 60 years, and the number of people renting has soared 50% since the end of the Celtic Tiger.

Latest figures show residential property prices rising for the third month in arow.

However, a conference heard yesterday that home ownership levels dropped below 70%, a figure not seen since the late 1950s. In Dublin alone, 30% of residents now rent homes.