Rent controls and their effects have never been a secret: In every country, and every city, where they have ever been introduced, the impact has been disastrous.
Blogger Conor Finn
“The Government must pull out all the stops to escalate and fast track delivery of housing
Rent in Dublin climbs to €2,015 monthly
Increasing rent prices see a record number of households receiving government aid.
Since 2016, in fact, increases in rent in RPZs has been limited to 4% per year, or the rate of inflation.
Research from Eurostat has shown that Ireland had the third highest level of rent increases in the EU between 2020 and the third quarter of 2021. Rents here have jumped by almost 70% in that period, compared to an EU average growth of under 20%. Interestingly, house prices have “only” increased by close to the […]
Selling Ireland has Cromwellian echoes
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Twelve per cent of those in rental accommodation spend more than half of their take-home income on rent, a new survey has found. Some tenants in the greater Dublin area are forking out a hefty 64% of net income on rent. The research from the Residential Tenancies Board (RTB) also found that half of tenants […]
Survey.
Last week it was announced that Google had been given the green light to proceed with their plan to create a “new urban centre” as part of their €300 million development at the former Boland’s Mill site on the south Dublin docks. Planning consultants John Spain Associates claimed that the project which will include various […]