Tuesday February 25, 2020

Report predicts further surge in rents

Estate agent says research contradicts claims landlords are fleeing market

18th October, 2016
Almost a quarter if households in Dublin now renting. Pic: iStock

Director of research Dr John McCartney said house price inflation, sluggish wage growth and tight mortgage lending had combined to bring people who would otherwise have been owner-occupiers into the rental market, while social housing tenants were increasingly being housed in private rented accommodation. He added that yields on residential property were much more attractive than the returns available from bank deposits or bonds.

Here are the key figures from the report:

- Almost a...

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