A HOUSE rather than an apartment, and Dublin over and above anywhere else . . . these are the property-owning aspirations of young people in the capital as shown in a recent survey on housing.
The attitudes expressed are unsurprising in themselves, but highlight again the fact that the nation continues to be obsessed with property in general.
They also highlight that getting on the property ladder knows no age barrier.
A marked change in the attitudes of younger generations from a couple of decades ago is that a third of people now would rather remain living in the family home as opposed to moving out and renting.
The Marketing Development Programme in the UCD Michael Smurfit School of Business carried out the research, quizzing 392 people between the ages of 20 and 30 on their attitudes.
They established that 81% of youths want to live and own a property in Dublin, even though nearly all (93%) believe prices in the capital are over-valued.
The majority expect to pay between 300,000 to 350,000 for a property, while 26% feel they will get something below that lower figure.
Forty-one percent would, ideally, like to buy a house in the next two years, but only 29% believe that they will realistically be able to do so.
Only 17% of those participating would prefer to purchase an apartment, while over three-quarters want a house because of their size and overall better investment potential.
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