Search Results for 'Economic rent'
29 results found.
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.
Taxation, unnecessary regulations, rent control and complexity of legislation are the real reasons for the current decline in the supply of rental accommodation, according to Stephen Faughnan of the Irish Property Owners Association (IPOA).
The latest Residential Tenancies Board (RTB) rent index for Q3 2017 showing an increased rate of growth in rents is evidence that rent controls, introduced one year ago last month, do not work, the Institute of Professional Auctioneers & Valuers (IPAV) has said.
Rents in Westmeath were on average 14.7 per cent higher in the first three months of 2017 than a year previously, according to the latest quarterly Rental Price Report by Daft.ie. The average advertised rent is now €770, up 46 per cent from its lowest point.
The Institute of Professional Auctioneers & Valuers says the Government must heed warnings from the European Commission that rent controls are having unintended consequences on the property market.
Rents in Galway have jumped by almost 11 per cent in the county and 10 per cent in the city in the last year, according to the latest Daft.ie rental report, leading a Galway senator to demand Government intervention on the issue.