Search Results for 'Economic rent'
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Retail Excellence has written to Damien English, the Minister of State for Employment Affairs and Retail, requesting the Government to step in and offer support for retailers who are struggling to pay commercial rents.
Average monthly rental premiums increased by an average of 1.2 percent in the year to July, with the average charge for renting a three bedroom property in County Westmeath now €965, according to the latest Daft.ie Housing Market Report which was released in recent times.
More than 300 people have had to go onto Rent Supplement in Galway since March, when the Covid-19 lockdown came into effect - one of the highest rates in the entire State.
Emergency rent supplement, rent reductions and rent waivers must now be firmly on the Government’s agenda as Minister Eoghan Murphy introduces emergency legislation this week.
The extension of the rent pressure zones (RPZ), while welcome for tenants in the area, is a sign of the Government’s failing housing policy in Galway, according to a Galway-East TD.
Average monthly rents in Galway city have escalated to €1,260 a month, according to the latest Daft.ie report. Despite this being below the national average of €1,366, it is still an 11.4 per cent increase over the last year.
Independent Councillor, Paul Hogan, slammed Westmeath County Council’s differential rent review during the local authority’s monthly meeting in Athlone.
Galway students would be “better off taking out a mortgage instead of renting in the current climate”, with student rents in some areas of the city reaching up to €1,250 a month.
Galway students would be "better off taking out a mortgage instead of renting in the current climate", with student rents in some areas of the city reaching up to €1,250 a month.
Relying on the private rental sector is "not appropriate" for delivering social housing, or tackling Galway's accommodation crisis, especially as there are no properties available to rent for people on Housing Assistance Payment or on rent supplement.