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.