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[Article] Rental crisis deepens as prices up 6.5 per cent in first quarter

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18-06-2015 2:29pm

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Hollister11

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http://www.irishtimes.com/business/economy/rental-crisis-deepens-as-prices-up-6-5-per-cent-in-first-quarter-1.2254227

Rents rose by 6.9 per cent nationwide in the year to the end of March, according to new figures published by the Private Residential Tenancies Board (PRTB)..
The latest PRTB Quarterly Rent Index, which is compiled by the Economic and Social Research Institute (ERSI) indicates that rents for houses rose 6.5 per cent while apartment rents increased by 7.8 per cent.
In Dublin, where costs are usually higher, house rents were up 9 per cent in the year with apartment rents jumping by 10.8 per cent. Outside the capital, rents remained more subdued with house rents up 5.7 per cent and apartments rising by 5.2 per cent.

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