on air now Current Show

DERMOT AND DAVE

12:00 - 14:30
00:00 - 01:00

Ed's Songs of Praise

05:00 - 07:00

Early Breakfast

07:00 - 09:00

The Ian Dempsey Breakfast Show

09:00 - 12:00

The Ray D'Arcy Show

12:00 - 14:30

Dermot and Dave

14:30 - 16:30

The Tony Fenton Show with Louise Duffy

16:30 - 19:00

The Last Word with Matt Cooper

19:00 - 21:00

The Mix-Up

21:00 - 00:00

Paul McLoone

Falling rents up to 2011 saw more fleeing nest


by Juliette Gash  30th Jul 2014  12:45
Today FM image

But, rising rents will reverse the trend

As many as 20-thousand more people in their 20s and 30s moved out of their parentsÂ’ homes in 2011, compared to 2006.

A report by the ESRI says this is because a fall in rents caused by the economic crash made setting up on their own cheaper.

But, a reversal recorded in recent months is likely to see many young people decide to live at home for longer.

The belief that house prices will continue to rise is also likely to incentivise more people to get on the property ladder.

Research assistant with the ESRI is David Byrne;
 

Ronan Lyons is an economist at Trinity college and author of the Daft report.

He explains what's happened to the rental market since 2011;

 


comments powered by Disqus
  • Today FM image

    Is Katie Ireland's greatest athlete?

    Today FM image

    Is Fine Gael considering a snap election?

    Today FM image

    3 men in court over February murder

    Today FM image

    Katie Taylor wins 5th world champs

  • Today FM image

    Careers at Today FM

    Today FM image

    Good Samaritan saves the day!

    Today FM image

    Today FM - Sponsorship & Promotions

    Today FM image

    Stephanie Roche - FIFA Best Goal in the World EVER