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Many spend 40% of income on rent

1 in 5 people are spending more than 40 per cent of their income on rent. A survey by NABCO - Irela...
TodayFM
TodayFM

7:48 AM - 1 Dec 2014



Many spend 40% of income on re...

News

Many spend 40% of income on rent

TodayFM
TodayFM

7:48 AM - 1 Dec 2014



1 in 5 people are spending more than 40 per cent of their income on rent.

A survey by NABCO - Ireland's co-operative housing provider - shows 23 per cent of all tenants are afraid of losing their accommodation, but this climbs to 38 per cent in Dublin.

While one in three of the one thousand respondents say they don't have a formal lease.

CEO of NABCO Kieran Brennan says that figure is worrying:



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