"A young couple saving for a house in Galway feel part of a "rat race" that is not getting any easier as prices continue to rise, with the budget bringing little relief for first-time buyers."
"Críodán Ó Múrchú (27) and Laura Collins (27) were renting in Galway city before moving in with her parents almost three years ago in an effort to save to buy their own home."
Críodán Ó Múrchú and Laura Collins, both 27, moved out of rented accommodation in Galway city and back in with her parents almost three years ago to save for a home. They are saving specifically to buy their own house and have adjusted their living arrangements to increase savings. The couple feel part of a "rat race" as rising house prices continue to push homeownership farther away. Recent budget measures have provided little relief for first-time buyers, leaving them with ongoing financial pressure and uncertainty about when they will be able to purchase a property.
Read at Independent
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