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Showing posts with the label rented accommodation

Boomtime Buyers...

Boomtime buyers bypassed apartments for a suburban semi... IT's a snapshot of home ownership at the end of the property bubble and shows that, for most of us, only a house is a home. New research shows that despite a raft of advertisements encouraging people to buy 'luxury' apartments in 'exclusive' developments during the boom, buyers instead chose the traditional semi-d in the suburbs. The Eurostat housing report 2009, published yesterday, shows that Ireland has the lowest level of flat dwelling in the European Union. Just 3.1pc of the population live in flats or apartments, compared to an EU average of 41.7pc. Given our population of 4.5 million people, it means that just under 140,000 people live in a flat. This is despite more than 130,000 being built between 2000 and 2009 during the property boom. The most popular form of housing is a semi-detached or terrace house -- almost 58pc live in these homes, more than twice the EU average of 23pc. Detached