Almost twice as many renters as homeowners find housing costs a worry, but deprivation rate falls

Almost twice as many renters as homeowners find housing costs a worry, but deprivation rate falls

More than 5% of renters said they had to borrow money at the end of a month, compared to just 1.8% of homeowners. File picture

Tenants are nearly twice as likely as homeowners to find housing costs to be a heavy burden, but the rate of deprivation in Ireland has begun to fall after surging in recent years, new figures show.

A Central Statistics Office survey on deprivation rates in Ireland for 2024 asked people about their finances at the end of the average month, and asked whether they could put money aside, had to draw on savings or even borrow. 

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