The Crying Chairs Of Europe

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Private tenants in Ireland pay the second highest monthly rent in Europe.

The European average is €481.

Meanwhile private rented households in Ireland spend almost 34% of their income on paying their rent, compared to a European average of 28%.

FIGHT!

Private renters in UK pay double the European average (Gerard Koessi, National Housing Federation)

Thanks Donough Ryan

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30 thoughts on “The Crying Chairs Of Europe

  1. Waffle

    Yeah, when you add countries like Estonia, Latvia and Lithuania – the average is obviously going to skew downwards.

    What a total non-story.

      1. Nikkeboentje

        Ireland is actually the third highest, there is no figure in the picture for Luxembourg but it is higher than Ireland.

  2. Paul Davis

    Actually proves rents are reasonable when income is included.

    We are only 6% above the average when all the former eastern block countries are included.

    Proves there is more scope for increases along the lines of the UK.

    1. McKay

      And how many properties do you own Paul? Creaming yourself at the notion that you can extract even more money than your tenants?

        1. McKay

          Well hopefully all our salaries will rise to meet the increased rents you’re advocating.

      1. rotide

        1200 a month for a 2 bed less than a mile from the city centre?

        Go find me that that in london Dan.

    1. Waffle

      Broadsheet should probably stop editorialising and misrepesenting the articles then m8.

      1. Stumpy

        Or, alternatively, you could inform yourself before commenting. Bizarre notion, I know.

          1. Stumpy

            Sigh……Got that. I was commenting on your expressing an opinion on something you obviously hadn’t read, chum.

  3. AG

    Price is one thing, but what are you getting for your money? The quality and size of rental accommodation that I’ve seen in Dublin is much lower than what you get in many places on mainland Europe.

  4. Owen C

    “The European average is €481.”

    They’re using an unweighted average to make it sound lower than it really is. Weighted average is closer to 570. Western European (EZ, Sweden, Denmark, UK) weighted average around 625.

    1. octo

      Yes. I came here to make exactly that point. If they can’t calculate averages properly I think the rest of their data and conclusions can be dismissed as worthless.

  5. Kolmo

    Apples and pears. In Northern Europe (excluding UK and Ire) the buildings are sound, generally well built and snobbery/class-ism isn’t encouraged to be the prime driver of the residential property industry, the greater good of society is considered unlike the laissez-faire anti-social calamity here – pi55 poor quality of building, renting seen as a temporary situation etc, if you can’t afford to play the game – the industry quietly ushers you out the door and dumps you into the arms of the state, which is slowly being ideologically dismantled before our very eyes – so the situation can only polarise society even further.

    1. Miko

      What complete nonsense – have you lived in the UK? Some Irish rentals are substandard many are excellent. As the tragic case in California shows Ireland is not the only country on the planet with shoddy construction standards by certain builders.

      1. nellyb

        “many are excellent” – are you saying many are “extremely good; outstanding” (as per common understanding of this word)? UK must have re-adjusted your standards to 1950s.

  6. Augustus Gloop

    Probably more useful to consider this stuff on a city by city basis – or to compare only capital cities.

    UK data is totally skewed by London: one can rent good quality accommodation at a reasonable cost outside the capital, obviously enough.

    And the same disproportionate weighting no doubt applies to most capitals.

    1. The Old Boy

      London is utterly bonkers, though the wages go some way to compensating for it. Anything inside travel zone 3 has become almost impossible, save for patches in the east end, and even that’s gone nuts over the last five years.

    1. Nikkeboentje

      Also in Luxembourg the tenant has to pay the letting agent’s fee (usually on month’s rent plus VAT) and an additional amount on top of the rent for the service charge. As far as I am aware, in Ireland the service charge is included in the rent meaning that the actual rental figure in Ireland should be lower than stated in the report.

  7. f

    It’d be good to know the relative cost per square metre of rentals across Europe. It’s interesting that we collect data on the cost per sq m of houses for sale, and the cost per sq m or acre for land, but not for rentals. I guess it’s because buying land and houses is serious bidness for serious folk, but, yknow, who gives a f**k about renters? They’re not really *living* per se, they’re just killing their money dead or something.

    Meanwhile, put a bed in a cupboard, call it a two-bed, double the rent, everybody wins! (I have seen this in Dublin.)

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