The average cost of renting a home in Ireland now stands at over a thousand euro a month, according to Daft.ie
The property website has released its latest quarterly report – which has found the average rent is now 1,006 euro – it’s the first time it’s gone over a thouand since May 2008.
In Donegal, the year on year increase was 3.2%, with an average rent of €519, the third cheapest in the country after Leitrim and Longford.
The latest report is published as the Dail’s new Housing Committee meets with legal experts today.
Its author, Trinity College Economist Ronan Lyons, says the government’s priority must be to determine how much building a house actually costs………..
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