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WATCH: What should be done about Ireland's rising rents?

Rents in Ireland are continuing to climb past their peak from the Celtic Tiger, new fig...
Newstalk
Newstalk

11.33 22 Aug 2017


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WATCH: What should be done abo...

WATCH: What should be done about Ireland's rising rents?

Newstalk
Newstalk

11.33 22 Aug 2017


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Rents in Ireland are continuing to climb past their peak from the Celtic Tiger, new figures from Daft.ie show.

The latest report shows rents across the country are up by 11.8% to the end of June compared to last year.

The average national rent now stands at €1,159 euro per month.

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This varies around the country with renters paying an average of €1,741 in Dublin city centre, €1,122 in Cork, €1,026 in Galway, and €919 in Limerick.

According to Daft, the average nationwide rent has increased by 56% since 'bottoming out' in late 2011, and is now 12.6% above the 2008 peak.

 


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