Number of properties available to rent hits three and a half year low - Daft report
The gap between urban and rural rental prices has widened, with prices in Cork and Dublin rising, according to the latest Daft Rental Report.
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The gap between urban and rural rental prices has widened, with prices in Cork and Dublin rising, according to the latest Daft Rental Report.
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Social Protection Minister says December review of rent supplement payments – which cost the State €503m in 2011 – was vital to reflect real rental prices but that ‘no-one will be left homeless’ by changes.
Quarterly report from Daft.ie also shows that average rental asking price on largest property website fell slightly over course of 2011 – but is increasing in Cork.
Her building crumbling and in legal limbo, Alsa Campbell writes about how tenants are finding themselves at the sharp end of landlords’ financial troubles.
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As the property crash continues to bite, people are avoiding big commitments to their homes, cars and even relationships, writes Gerard O’Neill.
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The latest Daft.ie report says the average rental price in July 2011 was exactly the same as it was in July 2010.
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Overall, rents have remained stable since prices in early 2010, according to latest Daft.ie report. Chartered accountant Cormac Lucey warns that while rents have largely stabilised, property prices haven’t.
The Justice Minister launches a review to current laws, but the review will not include proposals on upward-only rents.
Threshold has called for the new government to amend laws so as that tenants’ rights will be protected.
The latest report by property website Daft.ie indicates that some stability is returning to the market.
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