Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

RollingNews.ie
Your Say

Poll: Are you wealthier now than during the boom?

The net worth of of Irish households has hit record highs.

SOARING HOUSE PRICES mean that, on paper at least, Irish households are wealthier now than any time during the boom.

The latest data from the Central Bank shows that the net worth of Irish households rose to a record €732 billion in the first quarter if 2018.

This equates to €150,789 per person and is higher than Celtic Tiger peak that came in the second quarter of 2007, the Irish Times reports.

The figure is calculated by adding the total value of all financial assets, including property, savings and investments, and subtracting debt.

Household debt has also dipped to its lowest level since 2004, however Ireland still has the fourth highest in the European Union.

So today we’re asking: Are you wealthier now than during the boom?


Poll Results:

No (8254)
Yes (3851)
I don't know (885)

Your Voice
Readers Comments
91
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel