From top: Daft report for the second quarter of 2021; Cian O’Callaghan
This morning.
The latest report from Daft.ie shows that on average rents in Dublin increased in the second quarter of this year by around 0.5% with a national increase of 5.6%.
Cian O Callaghan – Social Democrat housing spokesman – whose party wishes to see a freeze on rent increases, said:
“Today’s report reveals the abject failure of this government to tackle the rental crisis. Rents climbed by an average annual rate of 5.6pc in the second quarter of this year, but the rates of increase were even higher in many areas.
For instance, rents in Kerry, Leitrim and Roscommon surged by more than 16pc while rents in Donegal, Cavan, Clare, Galway, Mayo, Sligo and Waterford all increased by more than 14pc.
“The unprecedented nature of this crisis is evident in the fact that it is now cheaper to repay a mortgage than pay rent in nearly every region of the country. In fact, the only two places where a mortgage for a three-bed home is more expensive than rent is in Dublin 4 and Dublin 6.”
Record increases in rents outside Dublin amid ‘chronic’ supply shortages – Daft report (Newstalk)
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