rental market

RPZs impacting the capital values of properties
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RPZs impacting the capital values of properties
Research by economist Jim Power on behalf of the Institute of Professional Auctioneers and Valuers (IPAV) and the Irish Property Owners Association (IPOA) have established that the changing regulatory and taxation environment is mostly responsible for private non-institutional landlords leaving the rental market. Rent Pressure Zones (RPZs), which limit the extent to which rental prices can be increased in an area, have also created a two-tier rental market. The report…
Market rents rise Daft.ie
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Shortage of rental stock impacts home market rents
Property website daft.ie has released its latest report, which shows that market rents in the first three months of 2022 were almost 12% higher than those in the same period last year. The summation is based on the rents that property owners are seeking from perspective tenants, and doesn’t reflect what tenants are paying in existing tenancies. The average market rent between January and March stood at €1,567 per month,…