OK Boomer? Why Ireland’s Young Feel Poorer Than Their Parents Image

OK Boomer? Why Ireland’s Young Feel Poorer Than Their Parents

20 August - 21 mins
Podcast Series Newstalk Daily

Ireland’s economic story looks dazzling on paper but dig a little deeper and you find a very different picture. A huge share of the country’s assets sits in the hands of older generations, with property acting as the gatekeeper to wealth. For younger people, buying a home has become the great dividing line — and without it, the chance to build security or pass anything on is slipping further out of reach. 

 

On today’s podcast, millennials Sean Defoe and Barra Roantree, economist at Trinity College Dublin, discuss whether younger generations really are on course to be poorer than their parents. From the housing market to pensions, from post-crash recovery to pandemic aftershocks, the conve...

21 mins

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