New renters paying €214 more per month than existing tenants

Working from home is driving up the difference in regions outside of Dublin

Research by the ESRI found particularly high differences outside of Dublin. Picture: Mark Stedman, RollingNews.ie

New renters are paying on average €214 each month more than existing tenants nationwide, according to research by Economic and Social Research Institute.

A new study conducted by the institute has found that while the highest difference in rents between new and existing tenancies was in Dublin, at €233 on average, it was the northwest and west of the country which recorded the biggest differences in percentage terms.

More people working from home was cited ...