The David McWilliams Podcast

Generation Rent: How Housing Costs Are Exporting Ireland's Future


Listen Later

This week we talk to Matthew Ruddy, a young Dublin entrepreneur who did everything right - built his first business at 17, worked alongside the lads at Dogpatch Labs. Except he's now living in Brisbane, not Dublin. Matthew's story captures what's happening to an entire generation. These aren't traditional emigrants heading to London building sites, they're highly educated risk-takers who desperately want to stay home but can't afford to take entrepreneurial risks when rent costs two grand a month. The statistics are staggering: home ownership among 25-34 year olds has fallen by 48% since the mid-90s; the highest decline in the world. This housing catastrophe is causing a mental health crisis among young adults in English-speaking countries, with Ireland leading the pack. It's creating a vicious cycle where young talent either takes safe multinational jobs or emigrates entirely, starving Irish startups of the people they need. Meanwhile, we're left wondering where all the young entrepreneurs have gone. They're everywhere but home.


Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

The David McWilliams PodcastBy David McWilliams & John Davis

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

213 ratings


More shows like The David McWilliams Podcast

View all
The Last Word with Matt Cooper by Today FM

The Last Word with Matt Cooper

66 Listeners

The Second Captains Podcast by Second Captains

The Second Captains Podcast

176 Listeners

The Pat Kenny Show by Newstalk

The Pat Kenny Show

49 Listeners

Inside Politics with Hugh Linehan by The Irish Times

Inside Politics with Hugh Linehan

143 Listeners

Irish Times Inside Business by The Irish Times

Irish Times Inside Business

17 Listeners

The Left Wing by Irish Independent

The Left Wing

59 Listeners

Brendan O'Connor by RTÉ Radio 1

Brendan O'Connor

72 Listeners

Crime World by Sunday World

Crime World

240 Listeners

The Other Hand by Jim Power & Chris Johns

The Other Hand

42 Listeners

In The News by The Irish Times

In The News

47 Listeners

The Indo Daily by Irish Independent

The Indo Daily

115 Listeners

Free State with Joe Brolly and Dion Fanning by Gold Hat Productions

Free State with Joe Brolly and Dion Fanning

76 Listeners

Path to Power by Matt Cooper & Ivan Yates

Path to Power

30 Listeners

Ask About Wealth by Ask About Wealth

Ask About Wealth

1 Listeners

Indo Sport by Irish Independent

Indo Sport

55 Listeners