DAFT Report: Rents Rising Fast...


DAFT Report: Rents Rising Faster Outside Dublin

Tom Douglas
Tom Douglas

02:17 13 Nov 2023

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Rents are rising faster outside of Dublin.

In the third quarter of this year rents rose by an average of 1.8% across the country compared to the previous quarter.

This compares to rent rises of just 0.4 per cent in Dublin, due to a boost in housing supply in the capital.

Areas in both Galway and Limerick cities are up 16% in the past year, to about 1,900 euro.

Daft report author, Ronan Lyons says it's a different picture in other parts of the country:


Ban On Increases

Meanwhile, in light of the DAFT report, Sinn Féin is calling for a three year ban on rent increases.

Housing spokesperson Eoin Ó'Broin spoke to Spin.

"So renters desperately need a break, they need Government to intervene."

He's called on the Government to support the proposal for a three year ban on rent increases, as well as a change to the renters' credit to give a full month's rent back.

"Because otherwise the rent increases will just swallow up the inadequate tax break the Government has for tenants."

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