Letters to the Editor: Disparity in wages and cost of living is too high

The latest report from the ESRI regarding salaries of people in their 20s and 30s was very significant when you consider the cost of living in Ireland has increased exponentially in the last 20 years.

While the shortage in newly built houses is one of the main reasons for this current housing crisis, the stagnation in wages has also been a major contributing factor as many people with aspirations to own their own home are now realising this may never happen and they will have to continue renting at exorbitant rates.