The national opinion poll of 1,500 trade union members under the age of 34 on their housing costs was conducted online between the 1st and 14th of June.
The survey was carried out by Congress ahead of the Labour Employer Economic Forum (LEEF) discussions between Government, union and employer representatives on housing.
In a statement on the survey findings, Congress said it recognises the “significant and unacceptable impact of our broken housing system on vulnerable individuals and families with young children experiencing homelessness.”
Congress is continuing to lobby TDs to commit to adopting its Charter for Housing Rights.
Congress social policy officer Dr Laura Bambrick said “This particular piece of research focused on the impact of the housing crisis on a generation of people who are sandwiched between high housing costs and low wages, to allow us take a detailed look behind snappy terms such as ‘generation rent’ and ‘delayed adulthood’.”
Congress general secretary Patricia King said: “The findings are worse than feared. Lives are being damaged and destroyed and a whole generation of young workers are now feeling alarming levels of frustration, insecurity and despondency with their housing situation. We are failing badly our young people” she said.
Patricia added: “Congress will use these stark findings to continue to put pressure on Government to take action through our ongoing housing campaign and in the upcoming social dialogue with ministers and employers.”
- More than half (54%) of all young workers are struggling to cover their housing costs. One in every two have had to borrow or sacrifice another basic need, such as food, heating and transportation, in order to pay their rent or mortgage in the past year. Of those young workers struggling to make the rent, one in six (17%) are unable to keep their head above water and are in arrears
- Two in five (40%) of all young workers are spending in excess of the 30% rent-to-income ratio of housing affordability. Half of these workers are spending between €31 and €40 out of every €100 of take-home pay on rent. One-quarter are spending between €41 and €50. The other quarter are spending above €51 in every €100 net earnings, which represents one in ten of all young workers spending more than half of their wages on housing
- Almost half (46%) of all young workers are frustrated that they remain living in their parents’ home or that they are trapped renting. One in six (18%) are very frustrated with their current living arrangements
- One-third (33%) of all young workers are blighted by housing insecurity, with one in three having little or no confidence in being able to continue living in their current home for as long as they would wish
- The vast majority (74%) of young workers have little or no confidence in being able to buy a home in the future should they wish to
- More than eight in ten (84%) of all young workers say housing will influence how they vote in the next election.