What Will happen when Generation Rent Retire?

Retirement villages may become popular.

you are way to young to be worrying about stuff like that....you should be worrying about where the next party is going to be or where you are going for your holidays.

There’s a novel idea called saving for retirement.

You should try it, OP

You could consider looking outside of Dublin and exploring options that are more affordable to you.

If you can’t afford rent now, where are you living?

some people don't know how lucky they are

You'd think people were forced to rent.

They aren't.

It's still just as possible as it ever was to do well for yourself, have a steady advancing career, and be in a position to get a mortgage in your late 20's.

That hasn't changed. It's never been easy. That's a total myth.

What we have is just more people making the wrong life choices e.g taking worthless degrees thinking they are too good to work a trade, not knowing what career to pursue at the right age for example...a multitude of reasons.

The result is they have no credit history and their incomes are just too low and that's mostly on how they themselves got to that situation.

I see sob stories about people living at home in their 30's.

if that's you you can blame society, rent whatever.

It may be harsh but in my view the real blame lies with your own choices to get to that point.

You're not owed a mortgage. Never have been.

We'll do what other countries have done over the decades. We will encourage young foreign nationals to emigrate here to support generation rent.

OAPs will get rent subsidises. There is a tipping point now where if you don't have a large pension then you will be better off on a low pension & get rent allowance. Obviously anyone on a good pension won't get rent allowance.