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Rent costs rise in four of Ireland's five major cities

Rent prices in Cork, Galway, Limerick and Waterford cities have risen compared to last year.

AVERAGE RENT PRICES rose by an average of 1.2% around the country in the three month period between June and September, according to new figures published today.

Four of Ireland’s five major cities have seen an increase in the average listed monthly rent cost compared to this time last year, Daft.ie has said in its quarterly Rental Report.

In Dublin city, monthly rent decreased slightly in the last quarter year-on-year, down 0.8% to €2,028.

However, the cost of rent rose up to around 5% compared to last year in Cork city, Galway city, Limerick city and Waterford city. 

Rent rose by 5.2% to a monthly average of €1,443 in Cork city, and by 5% in Waterford city to €1,058.

Galway city saw an increase of 4.9% to €1,443, while rents in Limerick city rose by 3.4% to €1,260.

The average national increase has offset a decrease of 1.4% seen earlier in the year during the second quarter in the immediate aftermath of the outbreak of Covid-19 in Ireland.

Rental supply in Dublin is almost twice as large as this time last year, rising from 2,700 to 1,400.

However, outside Dublin, rental supply is down by a third and reached its lowest level since 2006 at the start of November at just 1,435 properties available to rent beyond Dublin.

Economist at Trinity College and author of the report Ronan Lyons said that the figures highlight the “importance of supply in bringing about more affordable rents”.

“In Dublin, supply has increased this year, largely due to the impact of Covid-19, and rents are down slightly,” Lyons said.

“Elsewhere in the country, rental shortages continue to worsen and rents continue to rise to all-time highs. Even in Dublin, availability remains below 2006-2007 levels, a time of rental shortages, and at roughly one third the level of availability seen a decade ago,” he said.

“This underscores the importance of significant amounts of additional new rental supply – and not just in Dublin – in solving an issue that was central in the minds of voters earlier this year.”

Sinn Féin spokesperson for housing Eoin Ó Broin said that the new figures showed that the “rental crisis is getting worse”.

“What the Daft.ie data shows is that the rental crisis is getting worse. Rents are too high and in many places are continuing to rise. All the while there is no response from the Minister for Housing Darragh O’Brien,” Ó Broin said.

Ó Broin said that Budget 2021 including “no action to stop rent rises, no measures to put money back in renters pockets, and no funding to deliver the volume of affordable cost rental accommodation that our cities urgently need”.

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    Mute Kevin Dennis
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    Apr 4th 2013, 11:07 AM

    How many were Irish born?

    This is a worrying development.

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    Mute Johnny Reynolds
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    Apr 4th 2013, 1:17 PM

    What’s worrying about it? That 26 people went home to join the fight rather than sit on their arses and moan about it like us?

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    Mute Kevin Dennis
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    Apr 4th 2013, 1:37 PM

    Go home and fight? The two lads who died were from Egypt and Libya. They were recruited to fight in Syria by jihadists.

    Young men, living in Ireland, being recruited by jihadists is very worrying indeed.

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    Mute Deiscirt
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    Apr 11th 2014, 12:12 PM

    If you don’t understand what’s worrying about it, you understand neither the conflict itself or the motivation of those who are prepared (hoping) to die to establish a fascist theocracy there.

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    Mute Jimmy
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    Apr 4th 2013, 11:03 AM

    Irish or “Irish”? Big difference.

    113
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    Mute John F
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    Apr 4th 2013, 11:36 AM

    They may have obtained Irish citizenship but they certainly were not Irish! But sure its the easiest passport in the world to get your hands on, just collect 10 tokens on special packs of rice Crispies or send $10 along with your new desired idendity to Olobom Uamama c/o Lagos Legitimate Passport Enterprises

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    Mute B Lowe
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    Apr 4th 2013, 11:18 AM

    Re Declan.

    Well I have been saying for almost two years now that the majority of the ‘rebels’ are foreign religious nut jobs. While this report does not confirm that it does show what the Syrian government and people have been saying for a long time, that there are literally thousands of foreign people just showing up in Syria trying to implement Sharia law and commuting terrible atrocities.

    Hopefully the Syrian government can defeat these foreign backed terrorists.

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    Mute Aran Fitzpatrick
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    Apr 4th 2013, 11:46 AM
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    Mute Declan Noonan
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    Apr 4th 2013, 11:48 AM

    B Lowe, here’s the BS with you. You are critical of a “one man operation” out of a house in England commenting on what’s going on in Syria but you yourself are this “little one man operation” getting on here time after time telling us all “your truth” about endless conspiracies.
    Get out of the shadows.

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    Mute B Lowe
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    Apr 4th 2013, 12:40 PM

    Very class Declan.

    I am a one man nothing. I contribute to debates with information, you contribute with endless personal attacks.

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    Mute Declan Noonan
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    Apr 4th 2013, 12:47 PM

    No b Lowe, you don’t give any information. You have never given any reliable source to back up what you say. All you do is attack the west, the US and western media.
    You are not a credible source for anything going on in the world.

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    Mute Johnny Reynolds
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    Apr 4th 2013, 1:21 PM

    And what are you saying dec? That there’s no outside influence fighting in Syria? Enlighten us when your contacts from Syria get back to you mmmkay

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    Mute mattoid
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    Apr 4th 2013, 1:30 PM

    Well in fairness BLowe, this does pretty much blow your “Syrian opposition is mainly comprised of foreign terrorists” mantra clean out of the water.

    We all know that foreign fighters are on the ground, but this study confirms that they only make up a small proportion of the muti-faceted anti-Assad forces.

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    Mute Aran Fitzpatrick
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    Apr 4th 2013, 1:40 PM
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    Mute B Lowe
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    Apr 4th 2013, 3:31 PM

    Re Mattoid.
    I actually green thumbed you there. Yes, this report does not show that the majority of the opposition are foreign religious nuts. This is correct.

    However, I still believe the majority of the so called ‘rebels ‘ are foreign nationals intent on making Syria a secular state with Sharia law. I believe more concrete proof for this will come out as the proxy invasion continues.

    I mean we have a Saudi minister saying 1,000 hardened criminals were released from Saudi jails and sent to cause mayhem in Syria. As long as this conflict continues the truth will get out slowly.

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    Mute mattoid
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    Apr 4th 2013, 6:41 PM

    Thanks for the green thumb BLowe, but I have always argued with you that although foreign fighters are on the ground in Syria they only make up a small percentage of those fighting against Assad’s forces, and this report totally vindicates my position.

    It also disproves your repeated assertion that the vast majority of anti-Assad fighters are foreign. You have just said that you still believe that to be the case (as is your prerogative) but unless you know something that these researchers (and their 450 cited sources) don’t then your stance is pretty irrational.

    In addition, despite all your criticism of foreign fighters entering a conflict that has nothing to do with them you have never once referred to the Iranian soldiers known to have been sent in to support the Assad dictatorship.

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    Mute Paul Corrigan
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    Apr 4th 2013, 11:18 AM

    Any red-haired Eugene O Shaughnassy’s on the list?

    68
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    Mute JaymiIreland
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    Apr 4th 2013, 1:02 PM

    I hope the government and Gardai will bring these people upon return for questioning. The rebels are extreme Muslims. In fact they really are fascists.
    Assad I hate but the rebels are dangerous. Better the devil you know.
    The families of these Irish kids should also be questioned. Why are kids growing up in Ireland traveling around the world fighting to support religious extremism ? So much for being told our Muslim youths don’t have the same problems that France ,Britian etc have with their Muslim youths.

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    Mute Anthony Bartley
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    Apr 4th 2013, 4:45 PM

    They are fighting oppression like the Irish people for years in the past

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    Mute Deiscirt
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    Apr 11th 2014, 12:13 PM

    No they aren’t. They are fighting oppression to replace it with a fascist theocracy.

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    Mute Keith Wizzy
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    Apr 4th 2013, 12:11 PM

    The rebels will bring a lot worse to that country with their extreme beliefs and actions. Best the lads out there stay out there.

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    Mute MISTER E
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    Apr 4th 2013, 11:45 AM

    Its worrying that these people may return to Ireland after being involved in this war,one can only imagine the things they have seen and done,I wonder can they possibly fit back into a society so very different than there own

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    Mute Declan Noonan
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    Apr 4th 2013, 11:11 AM

    B Lowe will be along soon to spout some verbal diarrhea

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    Mute B Lowe
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    Apr 4th 2013, 11:14 AM

    Hmmm….

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    Mute Kathleen Charlonis
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    Apr 4th 2013, 11:15 AM

    Go for it!

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    Mute Declan Noonan
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    Apr 4th 2013, 11:32 AM

    B Lowe, I see that you are commenting on another article about the Newton shooting being a conspiracy. It’s all a conspiracy with you. You are not a critical thinker.

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    Mute B Lowe
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    Apr 4th 2013, 12:38 PM

    Re Declan.

    ????

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    Mute SteoG
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    Apr 4th 2013, 5:02 PM

    B Lowe a critical thinker definitely not. Perhaps, a cynical thinker is a more apt description. An extremely cynical thinker.

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    Mute Mel McDermott
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    Apr 4th 2013, 1:49 PM

    After the disingenuous PC headline we have to read to the very last paragraph to be told that one of the ‘Irish’ lads killed in Syria was born in Libya, the other in Egypt — which just might, conceivably, have some connection with their reasons for signing up for the intra-Islamic sectarian civil war in Syria!?! While, as the study says, not all of these foreign fighters have al-Qaeda motivations, others probably do and more may become radicalised while over there. Like JaymiIreland I sure hope the Gardai here will be watching these potentially very dangerous ‘Irish lads’ when they return.

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    Mute Sean Watson
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    Apr 4th 2013, 12:43 PM

    It’s a shame that our own media (including the Journal.ie) brainwashes us using false information and then some of us go and fight against the democratically-elected Syrian government. Pitty

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    Mute James Gaffney
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    Apr 4th 2013, 1:14 PM

    Please show me some evidence of TheJournal.ie and other media organisations engaging in brainwashing.

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    Mute mattoid
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    Apr 4th 2013, 2:01 PM

    Please show me some evidence that the Syrian government is democratically elected – multi-party elections have been banned there since the early 70′s!

    That’s like enabling the Irish people to decide which member of FG they wish to lead the next government but banning SF, FF, Lab, independents etc.. from running! You can have any colour you like as long as its black!

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    Mute Deiscirt
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    Apr 11th 2014, 12:20 PM

    Another student with more angst than knowledge bravely informing the ‘sheeple’ how misled they are. I am embarrassed for you.

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    Mute sean maguire
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    Apr 4th 2013, 1:28 PM

    I suppose these chaps are what the Irish Times calls “the New Irish.”…………… Yawn……….

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    Mute Barry
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    Apr 4th 2013, 1:20 PM

    Irish:-S

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    Mute Al S Macthomais
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    Apr 4th 2013, 1:37 PM

    Islamic Religious nut jobs on both sides wishing to turn Syria into a new Iran or Saudi Arabia. 236 so called Irish people killed shows they have no loyalty to the Irish state and maybe we should re evaluate who is allowed to come to Ireland and avail of state services and citizenship. Other religious group who show scant regard to Ireland over the years would be the Catholic Church,Jewish, protestant groups loyalty to foreign entities.Religious belief is for the weak minded who are incapable of individual thought.

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    Mute Larry Bird
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    Apr 4th 2013, 6:08 PM

    Are these people ethnically Irish, people who have moved to Ireland, or those who have manahed to get Irish citizenship ?

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    Mute Ed Appleby
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    Apr 4th 2013, 5:06 PM

    So what! Irish people have fighting in other peoples wars for centuries, look at the Spanish civil war, the American civil war not to mention the numerous Irish regiments in various armies throughout the world. The big worry for Ireland right now is that some of these ‘freedom fighters’ don’t get mixed up with the Islamic Jihadists and end up coming back to do harm in Ireland, the UK/US/EU or against any American interests or companies in Ireland. Unfortunately Ireland is seen as a soft touch with poor security and a lack of military means to defend it’s own territory by many terror groups, ie with a tiny navy (fishery protection force), no air force and a small under equipped army who can blame them!

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    Mute Deiscirt
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    Apr 11th 2014, 12:18 PM

    The British have been very busy revoking the citizenship of the violent religious lunatics who have traveled from Britain to fight in Syria. I am sure we can all rest easy in our beds in the confidence that our own Government will follow suit. In about 15 years time.

    3
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