Parents buying properties for students amid rental squeeze, says Cork agency

Ireland“A real estate agency in Cork has reported that parents are buying investment properties in the city in order to secure accommodation for their teenagers who are due to attend college locally later this year. Mark Rose, managing director of Rose Properties, says that certain sectors in Ireland have an abundance of cash and are using it to purchase properties for their children when they reach university age …” (more)

[Olivia Kelleher, Irish Times, 3 June]

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