15th May 2019
There are 2,700 properties to rent on the market, according to the latest Daft Rent Report, the lowest number of available rentals since the Report was first published in 2006. The average asking rent is €1,366 – a year on year increase of 8.3%. Notwithstanding inflation at a 6-year low, Dublin continues to see the highest rents, ranging from an average of €1,671 in the North County to €2,190 in the South. Meanwhile rent inflation in Munster has reached an all time high of 12%, with rates in Connaught and Ulster also remaining high. Government subsidies to private landlords have also increased in last number of years but how sustainable are these, and what are the alternatives?