'Renting is a necessity for many, but it doesn’t add up...unless you’re an investor'
Some rental yields are now three times the level they were at the peak of Celtic Tiger, writes Tina-Marie O'Neill
So, this week’s airwaves are all about stratospheric rent levels following Daft’s latest report.
The sector has shown increasing signs of “distress, with stronger demand but weaker supply each year”. So far, so obvious.
According to Daft’s Q1 report, Dublin rents are now 66 per cent higher than at their lowest point following the economic downturn and some 41 per cent higher outside of Dublin.
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