Mortgage lending experts have warned that only the children of wealthy parents are able to afford a deposit to buy a home.
It's due to the Central Bank lending rules.
The Association of Expert Mortgage Advisers said that young couple with children meet the Central Bank rules to borrow for a home, particularly those in Dublin where the average prices are highest.
However Central Bank economists says that the restructive lending rules show early evidence that they're cooling the market.
New figures from the banks show the number of people approved for a mortgage was down 10 percent in October compared wit the same month last year with 2488 people getting the green light.
Without a review of the rule mortgage advisers say they expect the first time buyer Dublin market to be dominated by adult children with rich parents.
