Rents nationally are 14 percent higher than they were last year.

The latest Daft.ie research shows Roscommon, Longford and Leitrim had rents go up by more than 20 percent, while in the Capital rents are up also up 14 percent.

It's a common theme; young people, who are working in full-time jobs, living with their parents because they cannot afford rent.

Rents are continuing to rise, the average rent rise was a record 14.1% during the period between July and September compared to the same period last year.

It's having a knock-on impact on the business sector. Phil Ni Sheaghdha from the INMO says many nurses cannot afford to live in urban areas now.

While high rents are also impacting hospitality, according to Adrian Cummins from the Restaurants Association of Ireland

Meanwhile across the country, there were just 1,087 homes available to rent on the platform on 1 November, according to Daft.ie

 

0
0
0
s2smodern

Latest News