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Rent Hikes Are Crippling Students Financially


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Students are being financially crippled by the spiralling cost of rent, according to the president of DCU's Student Union.

The University itself has called on the government introduce regulations to deal with uncontrolled pricing of the student housing sector.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">DCU calls for regulation of rent levels for private student accommodation. Statement by President of Dublin City University, Prof. Brian MacCraith <a href="https://t.co/ZjGM5EjtNC">pic.twitter.com/ZjGM5EjtNC</a></p>&mdash; DCU (@DublinCityUni) <a href="https://twitter.com/DublinCityUni/status/979584117921763328?ref_src=twsrc%5Etfw">March 30, 2018</a></blockquote>
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It's after the Shanowen Square complex announced plans to increase their prices by 27 per cent next year.

Housing Minister Eoghan Murphy has confirmed they will look into the matter.

DCU Student President Niall Behan says "Because of the fact that there is very weak legislation for licences they can do as they please".

"If you're a young professional or have a family, the most you're looking at is a 4% increase every 2 years. Somehow students who are way more vulnerable to the market pressures are being completely crippled by this."


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