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RollingNews.ie

Dublin rents are nearly back to boom-time levels

Rents in the capital increased by 8.7% over the course of a year.

MONTHLY RENTS IN Dublin are now just 2.3% lower than they were at the height of the property bubble in 2007, according to new research.

Figures from the Private Residential Tenancies Board (PRTB) show rents across the country were 8.6% higher at the end of September compared with the same period last year.

Rents in the capital increased by 8.7% over the same period.

The average cost of rent nationwide was €901 at the end of September, up from €830 at the end of the same month in 2014.

Property types

In Dublin, average monthly rents were €1,408 for a house and €1,265 for an apartment at the end of September.

This represents an average monthly increase of €120 for a house and €96 for an apartment over the course of 12 months.

Outside Dublin, the average rent at the end of September was €712 for a house and €698 for an apartment.

A year earlier, the typical cost of renting was cheaper by €48 for a house and €63 for an apartment.

Homelessness

Responding to the report, the Simon Community warned that rising rents are continuing to push more and more people into homelessness.

“This is a further reminder that rent supplement must be increased immediately supporting people to remain in the homes they have and enabling people stuck in emergency accommodation to access the private rented market,” the charity said in a statement.

Read: Here’s what only a few stops on Dublin’s rail lines can do to your ren

Read: Given up on owning your own home? Most people have

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    Mute Cormac Ó Braonáin
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    Jan 16th 2019, 4:11 PM

    Syrian Observatory for Human Rights? You mean the pro-Al Nusra Brit in Coventry that refuses to cite his sources, data and methadology?

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    Mute David Jordan
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    Jan 16th 2019, 4:32 PM

    @Cormac Ó Braonáin: the SOHR the shifted is stance over the course of the war as the rebels became more extreme, while initially supporting the FSA during he first few years of the war, the SOHR does not support the rebels any more. The SOHR clearly sided with the Kurds during last January’s Turkish led Operation Olive Branch (the Turkish and Syrian Rebel invasion of Kurdish region of Afrin of NW Syria). The SOHR released a lot of inaccurate news reports that supported the Kurdish YPG (false claims of Kurdish victories against the Syrian Rebels). A bit like Comical Ali, remember him?

    Here’s the bomb attack (graphic), seems it was a suicide bomber wearing an explosive vest…

    https://twitter.com/Rojava_News_/status/1085521608800956417

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    Mute paul kelly
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    Jan 16th 2019, 4:24 PM

    US backed terrorists killed by US backed terrorists?

    Divide and conquer.

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    Mute John Flood
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    Jan 16th 2019, 4:27 PM

    @paul kelly: wtf?

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    Mute Ciarán Masterson
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    Jan 16th 2019, 4:34 PM

    @paul kelly:

    The US government supported the Free Syrian Army, which was not an Islamic militant organisation.

    ISIS hates the Western powers. therefore, the idea that the US government would support ISIS is absurd.

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    Mute Tommy Berry
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    Jan 16th 2019, 4:39 PM

    @Ciarán Masterson: As absurd as them supporting the Taliban and Al Quida?

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    Mute Pixie McMullen
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    Jan 16th 2019, 4:47 PM

    @Ciarán Masterson: LOL – America have been supporting ISIS for years in Syria,
    They like to play both sides of the coin, You genuinely have blinkers on and a childlike understanding of Americas role in all of this

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    Mute David Jordan
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    Jan 16th 2019, 7:26 PM

    @paul kelly: “US backed terrorists killed by US backed terrorists?”

    Eh no, 9 civilians killed and about 20 injured, including children, when an ISIS suicide bomber blew himself up in a cafe. Here’s the bomb attack (graphic)

    https://twitter.com/Rojava_News_/status/1085521608800956417

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    Mute Nicky O'Donnell
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    Jan 17th 2019, 6:11 AM

    @paul kelly: If you’re referring to the Kurds, no. The YPG doesn’t do suicide bombings and nowhere in the Journal article does it say who was responsible. And in any case, it was mostly civilians that were killed.

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    Mute Eon Cocker
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    Jan 16th 2019, 5:57 PM

    US-backed soldier? Who makes this shyte up? The word is Mercenary

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    Mute iComment
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    Jan 16th 2019, 4:52 PM

    Even thought US is leaving Syria the economic sanctions and sanctions against any ships going to Syria…By both the EU and US…..Will keep the people of Syria impoverished for years….Unable to rebuild their country….

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    Mute Pixie McMullen
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    Jan 16th 2019, 5:06 PM

    5 US soldiers killed according to Turkish leader Erdogan in his address, He is stating that it was an attack designed to keep the us in Syria, but he thinks it won`t affect the US withdrawal as it would mean a victory for Daesh.

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