Average household now worth record €444,000 – but most of extra wealth tied up in property

Independent.ie | Aug 16, 2019 at 2:30 AM
  • Household wealth has been propelled to an all-time high.
  • As a result of the crisis, net worth fell by more than €18,000 per household between 2011 and 2015, the largest amount in the European Union.
  • New rules from the Central Bank here have since imposed strict caps on mortgage borrowing, and household debt levels are now a third lower than their peak.