How do we house the nurse and the guard?

How do we house the nurse and the guard?

We used to measure affordability in the housing market by the ability of a nurse and a garda to buy a home together. Today, that couple are shut out of the market. Here are three policies that could alleviate a social problem behind the public service pay demands

The social contract of the past was that a nurse and a guard were paid just enough to afford to buy a home of their own. But the rising cost of housing, and the restrictions on how much people can borrow, have completely broken that model.

A nurse on an average pay packet of €51,000 and a garda on average pay of €64,000 can only borrow a maximum of €310,500 under the Central Bank’s mortgage lending rules.


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