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01/12/2016
1 In 5 People Renting In Ireland
One in five people in Ireland are now living in rented accommodation, according to figures from the Residential Tenancies Board.
Rents went up by 8.6% between July and September, compared to the same time last year.
Kieran McQuinn, Research Professor at the ESRI who compiled the data, said: "When you look beneath the figures, you see that there is a little bit of a shift in terms of where the increase is coming from.
"Up until the end of last year, 2015, you were having very strong increase in rent in Dublin.
"However, since then period rents are continuing to increase in Dublin, but they are increasing at a faster rate outside of Dublin, but overall what you are seeing is a continual increase in the rental index."
(CD)
Rents went up by 8.6% between July and September, compared to the same time last year.
Kieran McQuinn, Research Professor at the ESRI who compiled the data, said: "When you look beneath the figures, you see that there is a little bit of a shift in terms of where the increase is coming from.
"Up until the end of last year, 2015, you were having very strong increase in rent in Dublin.
"However, since then period rents are continuing to increase in Dublin, but they are increasing at a faster rate outside of Dublin, but overall what you are seeing is a continual increase in the rental index."
(CD)
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Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
