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We Should Be Lovers

Even on €107k, A Garda And Nurse Couple Could Not Afford To Buy A Home In Kildare

The outlook comes as new SCSI affordability modelling shows that even dual-income public sector couples - such as a garda and a nurse earning a combined €107,000 - are priced out of most of the country.

Estate agents expect house prices to continue to increase over the next twelve months.

Members of the Society of Chartered Surveyors Ireland predict they'll rise by an average of 12 percent.

While nearly nine in ten believe current prices are expensive or very expensive.

The outlook comes as new SCSI affordability modelling shows that even dual-income public sector couples - such as a garda and a nurse earning a combined €107,000 - are priced out of most of the country.

The analysis assumed the couple had a 10% deposit and were aiming to purchase an average new three-bedroom semi-detached home.

Out of five counties examined, Cork was the only location where the couple could afford to buy.

They would be locked out of Kildare, Meath, Wicklow and Galway, where average house prices outpace their borrowing capacity.

The affordability gap is most severe in Wicklow, where the couple would fall short by €65,000, followed by Kildare, with a €22,000 shortfall.

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