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

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.