Couples on €107k can only afford homes in one of five counties

Couples on €107k can only afford homes in one of five counties

The report from the Society of Chartered Surveyors of Ireland (SCSI) examined the affordability of new suburban homes in Cork, Galway, Meath, Kildare and Wicklow. Picture: Denis Scannell

The dream of owning a standard three-bed home in Ireland is moving further out of reach of the average Irish couple, even for those who have saved a deposit and availed of Government support schemes.

A sample garda and nurse with 10 years of service on a combined income of €107,000 could only afford to buy in one out of five counties analysed by Ireland’s estate agents and chartered surveyors.

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