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The Irish Property Owners' Association (IPOA) has reiterated its grave concern regarding the continuing exodus of landlords from the rental market, as highlighted by the latest findings from the Simon Communities' 'Locked Out of the Market' report.

As a tenant, searching for a property to let in Galway over the past number of years has been an omnious task and one few would envy.

O’Donnellan & Joyce's rental department had an outstanding year last year. The volume of rental stock increased by 25 per cent. While traditional landlords with rent-capped properties have been exiting the rental market, we have seen a substantial uptake of new investors into the market looking to avoid savings depreciation through inflation.

Housing is the biggest issue of our time, it is the foundation on which a decent society is built. Food, shelter and education. Yet rents in Galway have risen by over 16% to over €1700 in the last year. Struggling families are paying over €1500 to rent a three-bedroom house in our city. There are now nearly 250 people homeless across our city.

Over-reliance on an increasingly unaffordable private rental market, and a shortage of new housing units, are key factors contributing to homelessness in Galway, an EU advisory body has been told.

Over-reliance on an increasingly unaffordable private rental market, and a shortage of new housing units, are key factors contributing to homelessness in Galway, an EU advisory body has been told.