Thursday 2 May 2013

Rent Rising in Ireland - Faster rise in Dublin than rest of country..

http://businessetc.thejournal.ie/this-map-shows-you-why-rent-is-rising-in-dublin-more-than-anywhere-else-892458-May2013/

Rents are rising in Dublin according to a new report published by daft.ie . The rents in Dublin are up approx 5% in comparison to those outside Dublin which rose on average 0.2%. Economist Ronan Lyons has said this may be indicative of the lack of rental properties that are not as available as they once were. Table from thejournal.ie

Dublin: €1,131, up 5.9 per cent
Cork: €799, up 1.8 per cent
Galway: €784, up 2.8 per cent
Limerick: €638, down 0.7 per cent
Waterford: €593, down 3.0 per cent


Its not mentioned in the article but property tax must have had to have impacted on rent increases. The landlord is meant to cover it but they can up rents and say its for something else...

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