A new report from Nestpick, the world’s largest database for furnished apartment rentals, takes a look at the cost of renting an apartment in more than 700 neighborhoods spanning 50 major cities.
The prices are based on median rents for the last quarter of 2018, so they should reflect the current listings for an apartment. Apartments are considered “affordable” if households are spending 30% or less of their income on rent – a standard used by the US government.
Full Nestpick report here
Here’s what you need to earn to afford a one-person apartment in the world’s most popular cities (Business Insider)
The company [Nestpick] defines a single person apartment as around 50sq m (plus or minus 10sq m) and a family apartment as 105sq m( plus or minus 15sq m). The monthly salary requirement incorporates an area’s rent per sq m and the average apartment size.
The research found a worker on the minimum wage would need to work more than 279 hours to pay the monthly rent in Dublin 2.
Monthly salary after tax of €8,900 needed to live in Dublin 2 (Irish Times)
Saturday. Location unspecified.
Cat Beahan-Brady tweetz:
Another day and another viewing for a rental. This one is €1600 and there 18 people so far… .two pregnant women waiting too! #ireland2019
Behold: the Damen Game Changer Expedition Yacht – a 69m polar explorer with a fully equipped deep diver centre, onboard C-researcher U-boat submarine, a Saab falcon remote vehicle, a helipad for a custom Airbus H130 helicopter and space for multiple tenders.
Powered by four 3,000hp MTU 16V4000 M63L diesel engines, Game Changer has a top speed of 20 knots and a maximum cruising range of 4,500 nautical miles at 16 knots.
Currently available for seasonal charter from €189,000 to €220,000.
Sinn Féin TD Eoin O’Broin in the Dáil this afternoon
In the Dáil.
Sinn Féin TD Eoin O’Broin welcomed the publication, by the Housing Minister Eoghan Minister today, of his new regulations in respect of short-term lettings.
However, he also said:
“While we need a little bit more detail in terms of the detail, the definition of short-term letting and the requirement for planning permission are eminently sensible and I want to put that on the record.
“I have to say, however, I am concerned with the proposal for an eight-month lead-in. The rental sector is in such crisis, I don’t think we can wait eight months for these regulations to be put on a statutory footing.
“And I’m also concerned that there’s no mention of sanctions or fines for online platforms or letting agents who advertise properties that wouldn’t have the appropriate statutory regulation.
“So while we want to work with the Government to expedite this legislation as quickly as possible, I’d like some assurances the Government is willing to work with us on the lead-in time and then, sanctions, particularly for the platforms themselves.”
Related: Eight-month lead in for Airbnb regulations ‘unwarranted & unnecessary’ – Ó Broin (Sinn Fein)
Previously: Dublin Rental Investigator on Broadsheet
What kind of Cartoon is this?
Cartoon, Ballintubber, Co Mayo (Daft)
Mark Brislane tweetz:
Trashed student house for sale!
Yours for a mere 65 grand. As is.
418 Alder Close, Elm Pk, Castletroy, Co. Limerick (Daft.ie)