It’s clear that younger age groups are struggling with the cost of renting or owning a home, and that this has a major influence on how they perceive life in Ireland and the general direction the country is taking. They are also the least likely to feel they will benefit from changes announced in Budget 2025.
We see renewed evidence that the “squeezed middle” continues to feel the most financial pressure; this is likely due to the challenges they typically face at this stage of life (45-54) such as trying to balance the cost of education, housing and caring for family members alongside the day-to-day cost of living.
Those aged 55+ are the most positive about growing up and growing old in Ireland. While one in two of those aged 18-24 feel Ireland is a good place to grow old in, almost three in four (73%) of those aged 55+ agree. Similarly, six in ten 18-24 year olds feel Ireland is a good place to grow up in, rising to over eight in ten among the 55+ age group.
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