The other side of the housing crisis: rising wealth for many

Smart Money with Cliff Taylor: Less well-off people have struggled to get into the market for years

Less well-off people have struggled to get into the market for years – and typically are renters – while the wealthiest , also owning houses, usually have other assets.

Less well-off people have struggled to get into the market for years – and typically are renters – while the wealthiest , also owning houses, usually have other assets.

The flipside of so many younger people being locked out of the housing market by rising prices is increasing wealth for a mainly older part of the population.

Housing is by far the most significant part of household wealth in Ireland – particularly for the large middle-income part of the country.

The Irish Times
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