"Bleak" The Irish Out of Control Lease Market, Charity Claims



The continuing increase in rent nationwide is "unsustainable and out of control," said the charity chairwoman for the Threshold housing.

Aideen Hayden responded to the daft.ie report, which found that the average national rent now stands at € 1,134 a month, about € 300 more expensive than the Celtic tiger. Rental rates increased by 11.3% in the year to September and trends show no signs of slowing down.

In Dublin, rents rose by 10.9% in the year to September. Leasing in the capital is now 36 percent, which is about 520 euros per month, more than a decade ago higher than their previous peak.

The situation for the tenant was "bleak" and this uncertainty is likely to continue next year, Mrs Hayden said.

"The problem is the lack of availability, which leads to lack of affordability, which is complicated by the lack of enforcement of the pressure zone legislation, which increases by 4% per year," she said.

Areas covered by leased capital include Dublin and parts of Cork, Galway, Kildare, Wicklow, Meath and Louth.

Housing spokesman Sinn Féin Eoin Ó Broin TD said that the rent hat "clearly does not work for new subjects in the rental market or for people who have to move."

"Time to measure the reaction to this crisis has long gone, we need to see the immediate introduction of a three-year freeze on rent," he said, adding that tenants are at the "bottom of the stakes" as far as government priorities are concerned.

"Creeping"

Housing spokesman Fianal Darragh O'Brien TD said the survey showed that rising rent was not the only problem for Dublin tenants.

"The reality is that rents in Cork and other major Irish cities are moving behind prices in the capital, this increase outside Dublin is very worrying," he added.

Socialist co-founder Catherine Murphy said that rising rates have a "major impact" on people's quality of life.

"It is not so easy for ordinary workers, people with families and young people to continue to pay rents at these astronomical levels," said Mrs. Murphy.

Asking for a survey on Monday, Finance Minister Paschal Donohoe said it was obvious that rising rents were causing "big worries" to people.

"That's something we have to change, that's why we are so determined and have taken so many steps to increase the supply of homes and accommodation in Dublin," he told reporters.

Mr. Donohoe said that Housing Minister Eoghan Murphy was looking for ways to "increase housing supply".

"The figures that are available today suggest that we must strive to get rent in a place where they are affordable and sustainable than the momentum."


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