Daniel McConnell: Promise of owning a home is beyond many people

Next month will see the Government announce its major plan to end the housing crisis
Daniel McConnell: Promise of owning a home is beyond many people

The cost of owning your house should be no more than one-third of your net income, but in many parts of the country, more than 50% of income is going on rent or the mortgage. Picture: Dan Linehan

For the first time in over a century, the generation entering the workforce today are worse off than the one that came before it.

For many, the promise of owning a home is simply beyond them, even those on decent salaries.

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