Housing

One in three renters expect to buy a home in next 5 years

29 per cent of renters want to own a home but don’t think they ever will, new BPFI data shows

89 per cent of non-homeowners want to buy a home, new data shows. Picture: Getty

Almost 9 in 10 non-homeowners want to buy a home, while one in three renters expect to be able to do so in the next five years, according to new housing data from the Banking & Payments Federation Ireland (BPFI) revealed.

The survey - in which 63 per cent of respondents already owned home - shows that future housing plans are heavily influenced by a person’s current housing situation.

Almost three in five non-home owner ...