Ireland's Rental Market Crisis

Property Roundup on iPropertyRadio: The property conversation starts here

English - March 02, 2023 10:57 - 26 minutes - 24.7 MB
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On iPropertyRadio this week…

*Ireland’s Rental Market Crisis*

On Property Matters on iPropertyRadio.com this week, host Carol Tallon chats to Mary Conway, Chair of the Irish Property Owners Association to discuss the surge in rental prices that is causing concern for the broader Irish economy and how Irish rental prices rose by a record 13.7% in Q4 2022 compared to the same period in the previous year, with some cities seeing increases of up to 20%.

The shortage of available rental homes is a significant factor contributing to the problem, the fewer than 1,100 homes available for rent on February 1st, 2023, down 20% from the previous year and far below the average of 8,500 homes between 2006 and 2021.

Watch back and listen back: https://ipropertyradio.com/property-matters/

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*iPropertyRadio is part of Ireland’s Property District https://propertydistrict.ie/

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