It Breaks Landlord’s Heart To Know 69% Of 25-Year-Olds Are Living At Home When They Could Be Making Him Rich Instead

A LEADING Irish landlord has bravely spoken out about the tragedy of the latest CSO research which revealed 69% of all 25-year-olds in Ireland are still living at home with their parents.

“Something has to be done that isn’t reducing rent levels or house prices, I cried when I saw the 69% figure. We’re robbing these young people of knowing what it’s like to be robbed of their deposit by me,” landlord Joe McAlinden said.

McAlinden, who has an interest in 7 properties in Dublin and another interest in 17 properties he doesn’t want the tax man to know about, suggested a number of solutions including getting the government to change mortgage lending rules so that 25-year-olds can borrow enough to afford to rent.

“By living at home, many miss out on those big life milestones that come with leaving home. I’m thinking – panicking about how expensive rent is and how it stops you from enjoying any aspect of life,” offered McAlinden, who says unlike landlords who give his game a bad name he only raises rent by as little as 10% more than he is legally allowed do in a rent pressure zone.

When pressed on the fact 1-in-8 25-year-olds contacted by the CSO for their research had chosen to emigrate, McAlinden was less bothered, citing the fact he has a share in a number of Dubai rentals.

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