They are the left behind generation, successful and well paid but unable to afford a home of their own. Frustrated adults living with parents or sharing rental accommodation, their dreams of owning a place seem further out of reach as house prices continue to rise.
This week, official figures show the pace of house price acceleration is increasing, with costs jumping almost 10% in the past year. The lack of supply, growing population, and healthy economy are contributing to escalating prices.
The Central Bank estimates that 68,000 homes need to be built annually to address the shortfall, but only 33,000 were built last year. Despite strong finances and a boost from back-taxes, the State must invest in housing to avoid a burst of inflation.
The Central Bank urges improvements in the planning system, provision of serviced land, and incentives for private industry to invest. A recent project in Shankill, Co Dublin will provide nearly 600 homes, with affordable options available to buyers.
While progress is being made, Ireland still lags in housing provision, posing economic and societal challenges in the future.