James CoxJust six per cent of people renting in Ireland do so by choice, according to a report from homelessness charity Threshold. Over a half of renters who participated in Threshold’s We are Generation Rent survey are renting because they cannot afford to buy their own home. Just 6 per cent of those surveyed are renting by choice - a "significant decrease" compared to 17 per cent from last year. The development of the cost rental sector is key in providing security and affordability. The report stated: "This creates competition for the private rental sector, which can compel it to become more competitive, with increased value for money and greater security.
