Working Dublin couples who wish to buy a three-bed semi could have to move to the outer-most suburbs to do so, under tough new Central Bank rules.
According to the Sunday Independent a working couple both on an average wage will have a combined income of €70,000, which restricts them to borrowing €245,000.
In the current property market, there are just 179 family homes within this price range in the greater Dublin area.
First-time buyers will also have to come up with a deposit totaling nearly €30,000 on a €250,000 home.
