Almost half of people in Ireland can't afford to live in their preferred location, according to new research by Permanent TSB.
The study shows that 35% can not afford to live in the area they were raised.
Age is a distinguishing factor, with the data showing that those aged 35 and younger have a more limited range of options.
60% of that age group say they can not afford to live in their preferred community.
The figures show that consumer sentiment has dropped to levels not seen since the financial crisis over a decade ago.
60% say they feel worse off than they were this time last year, while 50% expect to be even worse off next year.
"We're clearly looking at some difficult months ahead for consumers and the increased levels of concern show that people are preparing for a difficult winter," said Leontia Fannin, Head of Corporate Affairs at Permanent TSB.
The research shows that 65% feel there is a strong community spirit in the areas they live, which is also reflected in their relationships with two thirds saying they know their neighbours well.
"Our research shows the significant commitment and attachment that many people have to their local communities, as well as strong signs of looking out for each other and volunteering with community groups," said Ms Fannin.
"This is an important and welcome development at a time when the economic picture is less favourable than in the past," she added.
The research was undertaken by Kantar in July 2022 among 1,000 adults.
