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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:Showers today, occasional north and west of Lough Neagh, but only a few isolated light outbreaks expected for Belfast and county Down where the best of the winter sunshine is expected. West to northwest winds brisk around the coasts. Maximum temperature 10 °C.Tonight:Showers focused across northern areas of the Province, with most in the south staying dry, with a frost developing for many here. Northwest winds fresh around the coasts. Minimum temperature 0 °C.
