Image: PA Image: PA THE AVERAGE NATIONAL rent price has decreased for the first time in seven years, according to new statistics published by property website Daft.ie today.
The study also found that there are 10% more homes for rent on February 1st than a year previously. The average national rent is now €1,402, €659 per month higher than the low seen in late 2011. In Dublin, Cork and Galway cities, rents rose between September and December, while outside the major cities, rents fell on average.
In Limerick and Waterford cities, rents were 3.9% and 4.3% higher respectively than a year ago. Outside the cities, rents were 4.7% higher in late 2019 than a year previously.Ronan Lyons, economist at Trinity College Dublin and author of the Daft report, said there is no “quick fix” to the housing problem.
Lies, the rent is extortionate. Nobody's mortgage is 1200 a month,and that's cheap rent in Ireland. Are all these landlords declaring this to the tax office? Who's doing cash in hand. Who doesnt accept housing benefit? All under the table and crazy profits.
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