Home rentals in Ireland amongst the most expensive in Europe
The Economic and Social Research Institute (ESRI) has established that rent cap increases have effectively kept a lid on increases, but essentially worked to lower the supply of accommodation. The ESRI’s report indicates that rent pressure zones primarily benefit existing tenants, compared to those seeking accommodation. Eurostat, the European Union’s statistical agency, shows that home rentals in Ireland have increased by 66% since 2010, making it the third highest increase…