One in two young people likely to not own a home by the time they retire
Your pension could be paying your rent in your later years. As homeownership rates continue to drop, one study has found that one in two young people will still be renting by the time they reach retirement age. The statistic was published in the ‘Future trends in housing tenure and the adequacy of retirement income’ […]
4 years ago
Irish workers’ wages struggling to keep up with inflation, experts say
The war in Ukraine is set to cause inflation rates to increase further again. As the cost of living crisis continues to escalate, economic experts are now saying that Irish wages will struggle to keep up with the growing rates of inflation. The Economic and Social Research Institute (ESRI) published the analysis in its Quarterly […]
4 years ago
Public ignoring Government appeals to cut down on socialising, says new study
The sharp increase in Covid cases hasn’t led to a major change in public behaviour, according to new data. People are largely ignoring repeated appeals from Government officials to cut down on social activities, according to a new behavioural study published by the Economic and Social Research Institute (ESRI). The report, published on Friday (19 […]
4 years ago
Taxes will need to be raised in order to fund spending, ESRI warns
Across the board. The Economic and Social Research Institute has said that “sizeable” tax increases will be needed to fund public services in the years to come. In a new report published on Thursday, the think-tank said future spending pressures combined with potential declines in corporation and motor tax receipts meant that higher taxes were […]
5 years ago