Decline of home ownership in Ireland will have 'very signifi

Decline of home ownership in Ireland will have 'very significant implications' for the State


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The decline of home ownership in Ireland will have knock-on effects for the State as people get older, according to a housing expert.
This week, Housing Minister Darragh O’Brien will bring proposals to Cabinet calling for developers to set aside 20% of their properties for local authorities in the form of social and affordable housing.
Michelle Norris, Professor of Social Policy at UCD researching and teaching on housing policy and urban regeneration, said the news was a positive development.
However, speaking to
Newstalk Breakfast with Susan Keogh, Professor Norris said that there will be implications for the State far beyond housing if people don't own their own homes when they retire.

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