From top: Graphic showing number of empty homes in rural Ireland; figures from Peter McVerry Trust report on rural homelessness
Homeless charity Peter McVerry Trust has launched a new report on rural homelessness.
From the report:
As of April 2019, there were 40,234 mortgages across Ireland in long-term mortgage arrears (two years or more).
According to information published each year by the Central Bank, rural counties have the highest percentage of mortgages in arrears as a percentage of all mortgages.
This has the potential to impact heavily on rural homelessness given the rates of mortgage distress and repossession
…In 2018 financial institutions across Ireland repossessed 1,284 homes.
Peter McVerry Trust tweetz:
Homelessness is impacting small towns across Ireland – not just larger urban areas.