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RENT IN IRELAND is rising rapidly, with the capital hardest hit.
Rents in Dublin were up 14 per cent in the first quarter of 2014, compared to the same time last year.
Overall, rents are up 9 per cent higher than this time last year.
Rents rose in every county outside Connacht and Ulster, with the biggest annual increase of 14 per cent coming in Dublin city centre.
The average rent nationwide is now €888, up €69 from the lowest point in 2011.
Rents rose in all city centres, with Cork and Galway cities both experiencing a six per cent rise. Limerick and Waterford rose by five and one per cent, respectively.
Rents in Dublin’s neighbours also saw rises, with Wicklow and Kildare both up by 9 per cent.
Outside of the cities, rents rose by an average of 4 per cent, whilst the number of properties available for rent is now under 4,000 – down from 11,000 two years ago.
Commenting on the report, Ronan Lyons, economist at TCD and author of the Daft Report, said that the report showed just how bad housing in Dublin was becoming.
“This latest Daft.ie Report shows that the housing crisis in Dublin is getting worse. The solution is not capping rents, which will limit the supply of new homes, but rather addressing the underlying problems, in particular streamlining the cost of land and of regulation.”
Daft.ie is part of the Distilled Media Group. Journal Media Ltd has shareholders – Brian and Eamonn Fallon – in common with Distilled Media Group.
Read: Is this the solution to Ireland’s social housing problems?
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She’s not wrong. 2008 Crash, massive debt, housing crisis, homeless crisis, one of the most expensive countries in Europe, HSE is a shambles, Gardai are a shambles, Defense Forces are a shambles, many other state/semi state services aren’t fit for purpose and face staffing/retention issues, huge govt spending for little services….. They are great at sorting out the multinationals, banks and developers though. While we do have “full employment” most are struggling day to day. Is “full employment” the measure of successful country?!??! Not with all its major issues behind the scenes!!!
@another one? Watched a great show on Sierra Leone the other night. Puts things into perspective. People don’t understand how lucky they are living in Ireland.
@Temp Stuff: It’s all relative .Sierra Leone doesn’t have Billions coming in every year and access to EU Markets .
Our government pays 330,000 for a bike shed .
I’ll bet Sierra Leone doesn’t
@John Mcmahon: President Bio’s government spending on overseas travel makes some interesting reading though!
@John Mcmahon: and who played a role in creating those billions rolling in every year and access to the EU markets???
@another one? what’s going on is the semi state sec:
https://www.independent.ie/news/religious-orders-have-paid-just-13-of-bill-for-child-abuse-inquiry-watchdog/35516219.html
@Jack Hayes: private jet hire, nipping to africa and on to new York (while telling us to fly less), almost the entire cabinet circumnavigating the globe for a week for St Patrick’s day with their entire retinue (yes face to face is important but deals are almost completed at that stage so why the whole retinue)
@John Mcmahon: is the minister for expenditures not the direct responsible for the bike shed scandal ? he obviously knew. but that is coming at the same time of his big promotion for Justice commissioner …. wow… just wow
@Temp Stuff: wake up man ffs .
Totally different situation.
@Temp Stuff: they will all be living here shortly will that be lucky for us I wonder
Name one rail line built since 1922
@Eamon De Valera: luas
@Tom L: so it took over 80 years?
@Orban Orban: I just named one that was built after 1922? Why are you asking me that? In other words, what’s the purpose of your question?
@Eamon De Valera: . Were you not in power for almost 22 years. What did you do about the rail lines?
@Tom L: don’t be crying over spilt milk tom!
@Tom L: the luas isn’t a rail line. It’s a tram, different.
@Cathal Scully: Wrong, it’s a lite rail, the gauge is smaller than typical rail lines but it is what it is.
@Tom L: correct it’s light rail. But I think the original poster was referring to heavy rail.
tell me one thing that FF and FG have improved in the past ten years.
@Niall English: Employment opportunities (2014 vs today)
@Niall English: Their personal bank accounts and property portfolios, wait that’s two but still, take your pick.
@Niall English: export of our doctors and nurses, a beautiful world class sorry cost hospital.
Still not open, beautiful bike shed for the two bikes parked in the old one.
@Niall English: The ability to empty our pockets with more taxes
@Niall English:
Full employment for anyone who wants work.
Good welfare payments.
Place for everyone in third level.That’s three.
@H Woo: Minimum wage jobs. Welfare is designed to reward long-term claimants and places for everyone in third level is like saying there’s a seat in a Ferrari for everyone – if only you could just afford it.
@Niall English:
Keep Shinner Fein out of government.
That has to be a good thing
considering the mess they make in the North.
@Niall English: yearly house completion’s, increases in social welfare rates, increase in sports capital grants, increase in funding for our top athletes, unemployment down, employment up, increase in college placements, etc etc
@H Woo: cost of living wiping out any increases in sw payments, full employment at the cost of losing doctors and nurses to foreign countries,
And people complaining can’t save at end of month.
Third level is for those wealthier families, many working class families can’t afford the travel and accommodation to get their kids to third level. Etbs not fit for purpose as many building not accessible for our disabled community.
@Niall English: taken us through massive economic challenges, top-class education system, comparatively low corruption, advanced health care (really), higher life expectancy, more jobs, more homes, more cash.
@Mick Duvanny: similar in most counties under the influence of western economics
@Hotirish: top class education system? we’ve one of the highest pupil to teacher ratios in the world. also we have zero universities ranked in the top 200 globally. more jobs? how is that the governments role?
@Niall English: Household net wealth is now €1.2trn , yes trillion , and that’s split 70/30 between property and finance including pensions.
@Hotirish: comparatively low corruption “, HA HA you are smoking some serious 5h1te there to write that!!!!
@Niall English: access to third level education, employment levels, better public transport, pensions, motorways especially M11. If you dont like it here, you can always move , plenty countries to choose from
@Niall English: free school books and hot dinners for primary school children, subsidies for child care.
@Niall English: “The National College of Art and Design is thrilled and proud to be ranked at 60th place in the 2024 QS World Rankings”
Why is nobody / no journalist going on about the massive debts we have and are incurring. We have one of the highest debts in the world .
@barry lyons: thanks to Michael Martin and his Cohorts.
@barry lyons: Because it’s a non story. All countries have debt and indeed target a certain percentage of debt to GDP/GNI. We are one of the richest countries in the world which means we are more likely to have one of the largest debts per head of population. Somalia have much less debt than us per head. Are they doing well?
@Mick Duvanny: Ah sure high debt is fine until something goes tits up, which it almost certainly will, because the whole crash from 2008 scenario looks seriously like it’s going to repeat itself because of the price of houses
Only this time we are already up to our necks. And again it will be on the ordinary workers to bail out reckless behaviour from our financial institutions and politicians
@Michael McGrath: Nope, this time they’re coming after mortgage holders, anyone with a mortgage, regardless of amount will be forced into selling to the vulture funds that will come circling once the banks and money supply capitulates. They’re printing billions on demand since 2020 with zero accountability. Mark my words.
@barry lyons: every country has debt
Ask all the parents with kids on endless hospital and surgical waiting lists, and that’s just one of many many many issues this government has created or exacerbated by all talk and devious inactions. This MM fella is some piece of work, according to him, we never bailed out the banks, sovereignty are notions of nationalist racists or something and sinn fein are responsible for all the countries woes. Does he actually believe everything he spouts? I’d be worried about his mental health. O’BRIENs disciple, MM, if you know you know.
Health, can’t depend on it without continually rising health insurance yet countries like France, Sweden, Finland, Spain have excellent public healthcare services. Public transport not fit for purpose but we charge extra for cars. Record homelessness. We have a govt that facilitates landlords and foreign pension funds driving up house prices and rents at the expense of our own people, the British turned us into serfs for their own profit, now our govt are facilitating the same.
Waste and incompetence resulting in hundreds of millions of waste (Bam Hospital, buses that can’t be charged, voting machines, bicycle sheds and no doubt there are thousands examples of massive waste in the system). Courts doling out suspended sentences for violence against women and practically complete tolerance of white collar crime.
A tanaiste who takes no responsibility for the imf coming in during his party’s incompetent governance. A finance minister who boasts that the budget will give back 1k to households during record year for tax take, will it even cover your family healthcare increase never mind everything else.
Now I’m not saying who you should vote for but electing the same incompetence over and over or “the bogeyman will get you” is for children.
@Eddie Garvey: actually you can depend on it, but hey that doesn’t fit the narrative
@Peter Byrne: Tell that to the young boy taken off the list for spinal surgery or does he not count in your eyes, or the pensioners who died from COVID as a result of patients being sent back to nursing homes without being tested, or do they not count in your eyes. It’s people like you who sleep with in your Signed Simon Harris or MM pjs that that……. Do u know what, your not worth the effort .
The pig headed entitled hubris that mehole spouths is a direct result of a 100 years of ffg governments
@Robert Halvey: and the countless other parties plus independents.
The waster was an integral part of administrations that bankrupted the country twice, and he expects people to vote for him.
Olympic level delusional.
Yeah
Resssion, inflation, Emmigration, immigration, homelessness, 2nd highest country at energy prices, drugs, refugees crisis, most expensive hospital in the world and still building it, TV licence, bike shelter, technology and pharmaceutical Free tax , 178 billion vaporised in 2008, failed Health system lost my mother in a cancer battle waiting list 9 months ,
You f@#€ off cl9wn
@sakk sa: Yeah but no but yeah but they’re ever so good at bailing out the national broadcaster, hahaha.
@Athena: they are bailing out Dundalk FC now
Martin is an abject failure and professional spoofer. FF have only themselves to blame for poor polling by keeping Martin as leader. They haven’t a clue how to read the room. At least Varadkar read the room, he knew his goose was cooked and duly stepped down. Martin is now fully consumed by his own arrogance.
@Andrew Kenny: isn’t it great to see them imploding Andrew
This man is the crack. slates sinn fein at every opportunity, but was happy to shake northern irelands first ministers hand for photo ops, saying how great the assembly is back up and running and how they have to support them.
@Colette Byrne: Yes, and SF slates FF in this country (rightly so), but when it comes to Northern Ireland, they deal with FF in a diplomatic way as we are talking about 2 different states. It works both ways, and is a function of the set up in Ireland where six counties are part of the UK and SF have a political presence in both states
Sure Ireland is still a state that’s still under British Control and we do everything.
FF, FG Labour and the Greedy Greens have saddled so much debt on the Irish citizens of Ireland that most of the younger generation is emigrating in their droves. Meanwhile the Common Travel Agreement be tore up as it’s not worth the paper it’s wrote on.
@Tommy:
@Tommy: Still under British control?! We’ve been a republic for the last 75 years man LOL
@Patrick Kennedy: the North East of the island of Ireland.
Lining own pockets and friends pockets. Yet let s keep voting them in . Young people leaving ad no future here. My kids no our kids will more likely leave Ireland for better live. Buckers
Why at election time do theses corrupt politicians get voted in Please vote against this government now
So suddenly the apple money is ours? Why is no one asking what all the “it belongs to other EU members” was all about? Hubris and lies astounding.
@bruce banner:
Government played a blinder on this one,
Get someone else
to demand Apple hand it over to the Irish.
Good job.
@bruce banner: other countries got €400m from the fund.
no you come on Martin.
she is bang on and she does not need to be associated with SF
Everybody with common sense can see she is right. what does not make sense is your habit to categorise people as SF when it does not suit your narrative
I thought it was a “the dogs on the street know” narrative.
Ireland has its problems that’s for sure but a failed state I don’t think so.
As for Mary Lou I think she’s a failed leader.
@Adrian: Has she ever been a ‘leader’ tho? of her own party sure, but that counts for little in reality… FF have been at it for 100 years, certainly they’ve had their ups as well as downs but no government of the last 20 years has done anything but line pockets, some far more than others. We’ve not built anything in years, the last thing we DID build isn’t finished and is the most expensive in the world!! It’s embarrassing ffs! Martin is done, he even sounds like he knows it. Good riddance that whole party needs to go away and have a think-tank for a few generations.
Look at that mealy mouthed waster. Has done no good for the country of Ireland.
Tanaiste M Martin now adopting the same old tired playbook used so often from Trump to Farage, blame somebody, in their case its immigrants but for Meehaul its the big bad Sinn Fein that are to blame. It’s not going to work for him anymore.
https://www.independent.ie/news/religious-orders-have-paid-just-13-of-bill-for-child-abuse-inquiry-watchdog/35516219.html
All say thanks to Michael Woods , a solid FF man
Release the hounds.
For a small wealthy, country these politicians have failed spectacularly.
They are a disgusting, dangerous bunch of traitors.
Shame on them all.
Ireland, and the rest of the world, heading into recession, and emigration already >60,000/yr. Likely to dramatically increase in coming years. Micheal, and his government, have wasted the boom in corporate taxes etc, mostly on repeating the same mistakes of recent past, such as the explosion in national debt, HSE budget and hse b/s jobs. Little more than dishonest chancers.
@Cathal o’sullivan: so clever clogs what would you have done differently seeing as you can see the future
Recession is coming soon. All taxes taken in and wasted and resources sold off . Young people living in drones. Mine and your kids will have to leave for better life sadly
Brendan howling sold the lotto the gold goose that keeps giving and he was to ring fence the 400 million and how many times have we heard ring fence if something is making a profit in this country we sell it or close it down pity there isn’t the equivalent of a pawn shop we could see all our assets in the window and the interest we’re paying
This country is a basket case
It’s not an SF narrative. It is a populist Trump style one. He doggedly persists with the USA is a failed state comments. Every state inevitably fails its citizens. This is the point from which any government starts. How far they get in correcting this failure is one matter. But the whole ‘this is a failed state’ narrative has nothing to do with the complexities of different situations: it’s just another black and white simplification. Of course, this is exactly what anybody who isn’t interested in actual realities wants. If only life was so simple. I happen to think that capitalism is a failed system and this is the root of most of our problems. But even I would have to admit it has been responsible for some positive change ((sill would like to see it gone though!)
@Alan:
Try spending a week in 3rd world Cuba
That will cure you.
@H Woo: I have and I didnt. I am also aware of usa’s role in this. Apparently, you’re not
@H Woo: Yea let’s compare ourselves to the worst countries in the world, according to our finance books we should be comparable to some of the best. We aren’t.
@H Woo: Spent a month in Cuba. Wonderful place. Despite decades of economic warfare by the US.
Sure, they’re not wealthy, can’t afford PS5s or whatever. Infrastructure is falling apart. High dependence on state aid and remittances. However, and despite the efforts of the US, they have high literacy, good healthcare, free education, low homelessness.
Would be amazing to see what Cuba could have achieved if only it had been allowed.
Martin what a pri**
Well said, me hole
“Fianna Fáil have been in government for four years,”… have you done anything in that time?
@Thesaltyurchin: plus the agreement with the last government to prop it up
Ireland is €234bn in debt. Thank you MM and your disgusting FF party for the total mess you have made for Ireland and it’s people.I really hope you suffer for what you have done.
Of course saying that everything is terrible is nonsense and some people are professional complainers. That said the housing record has been shocking and this has and is creating misery for a lot of people. The population is increasing very quickly and services have fallen behind. Taking decades to deliver infrastructure projects is another huge black mark and it has pretty much all been down to FF and FG.
Why dont all the moaners and complainors move off some place else. Most people were never as well off, have more free time, more money I’m their pockets, travelling more are better educated , better paid and have better homes. Look at all the sold out concerts , all the Irish in paris or whenever the Irish team plays abroad. Anyone not doing well in Ireland, should look at themselves and get better jobs . I saw an ad only today, Mechanics in CIE, 65K a year tell me that is bad money
He is such a spoofer and is only interested in lining his own pocket. The irish people in this country are on their hands and knees trying to survive. The only way to be in this country is non Irish. They will spend money on the most stupid things in the country but can’t fund essential things.
They should rename the Fianna Fail party …The Black and Tans
have your say