State to deliver ‘age friendly’ housing for retired renters - McGrath

Michael McGrath, the Finance Minister, has said the state will build more retirement villages for pensioners who cannot afford rising rents.

It comes after a report by Threshold and Alone which warned that one in four of older renters expect to stay in rental accommodation for the rest of their lives.

This is a change from the existing practice, when the majority of pensioners often have their mortgage paid off on their homes when they ...