Ciara Geraghty: How could my parents buy a three-bed semi-D home in Dublin on a single wage in 1968 when my children never will?
Briefly

Ciara Geraghty: How could my parents buy a three-bed semi-D home in Dublin on a single wage in 1968 when my children never will?
"As grown-up children are burned by the rental market, parents feel powerless to help their kids become homeowners"
"When I had my kids, I harboured a vague notion of being responsible for them until they were 18."
"Once they had reached this milestone, I would open the front door and release them into the wild, then hurry back to the business of being Ciara Geraghty-Human-Being as opposed to Ciara-Geraghty-Mother-Of-Three-and-The-Only-One-Who-Knows-How-To-Change-The-Hoover-Bag."
Many adult children face an unforgiving rental market that erodes savings and blocks the path to homeownership. Parents who once expected responsibility to end at age 18 now confront prolonged dependency and limited options for meaningful financial support. Rising rents and housing costs leave families feeling powerless to bridge the gap between rental survival and mortgage qualification. Cultural expectations about launching independence collide with economic realities, forcing parents to reassess roles, consider long-term assistance, or accept that homeownership may remain out of reach for their grown children.
Read at Independent
Unable to calculate read time
[
|
]