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Dublin Rents Up €4,500 On Ce...

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Dublin Rents Up €4,500 On Celtic Tiger Peak

98FM
98FM

07:18 13 Feb 2018


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Rents rose by over 10 per cent across the country in 2017.

New figures from Daft.ie show people in the city centre now pay on average €1,869 every month.

Across Dublin, rents are €4,500 more a year than they were during the peak of the Celtic Tiger.

Daft economist and Trinity professor Ronan Lyons says, unfortunately, the trend is here to stay:

"The dynamics in the market, with very strong demand and very weak supply, look set to continue for at least another couple of years so I wouldn't be surprised if we end up with ten years of strong rental growth in Dublin in particular."


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