Studio flat in Inchicore, Dublin 8, on Daft.
For €160 a week.
“All mod cons including crying barstool…”
Previously: Can’t Buy, Can’t Rent
First Time Buyer writes:
It’s official we are back. And by ‘we’ I mean homeowners and landlords
Two reports out today, one from the central bank to let us know that some people in Ireland are wealthier then they were during the boom thanks to the rapid recovery in house prices (**breaks out the Bolly**)
The other report from Daft.ie stating that for those unfortunate enough not to own a home that rents have risen by an incredible 70% and are now 23% higher than Celtic Tiger peak (**cries into avocado toast**)
We’ve moved from a country for developers to a country for landlords.
This madness must end.
It’s now €800 a month to live in an attic Mon-Thurs with no overnight visitors.. but you have a sauna.
Negotiating that place with drink on would be difficult.
Dublin: €1,822, up 10.9%
Cork: €1,180, up 7.7%
Galway: €1,096, up 12.4%
Limerick: €1,004, up 14.8%
Waterford: €835, up 12.1%
Rest of the country: €860, up 9.8%
Daft’s last quarterly rent report of 2017.
Rents rose by an average of 10.4% last year, while the mean monthly rent during the final quarter of 2017 was €1,227.
Meanwhile, there were 3,100 properties available to rent at the beginning of February.
Crying Stool ✓
Reach for the fridge.
From your bed.
Jaded House Hunter writes:
At least Conerney Estate Agents are “delighted” to present this sad room for €800 per month, because the rest of us certainly aren’t!! For them to use the words ‘fabulous’ and ‘pristine’ to describe this room is nothing short of disgraceful!
What’s going on here? Front room looks like it’s seen a sesh or two. The rest looks like it’s seen mass…
Half a mil.