Workers priced out of housing market by cash-rich investors

According to a recent report First-time buyers are facing stiff competition from housing associations, investment firms and State bodies when trying to buy homes, a new report says. Known as non-household buyers, they now make up 22pc of purchases for newly built homes, up from 7pc in 2010. The latest housing monitor from the Irish […]

How foreign investors are squeezing out home buyers

In a report today it states Home ownership in Ireland is plummeting among younger people, meaning US investment giants can reap huge dividends. Kennedy Wilson has credited the trend as it capitalises on the hundreds of apartments it owns, which cost thousands of euro a month to rent. The group – headquartered in Beverly Hills […]