Yes.

And it’s all perfectly legal.

Ciaran writes:

I usually do not moan or vent my personal circumstances but after what has happened to me yesterday I am so angry I just had to let people know.

I was informed just before Christmas that my apartment block was being sold, which is fine and it clearly stated on the for-sale-sign that the tenants would not be affected!!
My girlfriend and I have been tenants in the building just shy of 4 years, we are currently paying €925 which at the time we moved in (in Harold’s Cross) was the going rate.

Now we know that this is pretty good for the area and below market value and we were expecting a rent increase which is perfectly fair and within the new landlords rights.

The market value for a 1 bed in Harold’s cross is about €1050-€1100 presently and we are by PRTB rules allowed first refusal on the apartment.

Yesterday we were informed that the rent is going up to €1400!!! Yes that is an increase of 51% and is downright scandalous for a 1 bed, we have pleaded with the landlord who will not listen to us. Now I have heard of rents going up across the whole country and people finding it hard but this is beyond a joke, I really wanted to shine some light on this as how can landlords keep getting away with this?

The underlining matter here is that how in god’s name are a professional couple supposed to save for a mortgage when we are being asked to cough up €1400 a month, not including that the cost of our cars, bills etc.. on top of this.

We are a hard working professional couple and seems like one hurdle after another, every time you think you have something else crossed off another obstacle blocks your way – we are paying taxes in this country so why are we being punished for trying to live here?

This is a serious issue that is not only affecting us but also nearly every one of my friends are in the same boat. The market is well overpriced and nobody can afford to save for a mortgage, now as I stated at the start that I do not usually vent my issues but this is a serious matter and needs to be put to bed asap.

Previously: Pull Up A Crying Chair

(Google)