“Tipp experiences 4.9% rent increase according to latest Daft.ie Report,” McGrath



Independent TD Mattie McGrath has said that the latest nationwide analysis of rental increases has confirmed the stark housing crisis that is facing county Tipperary. Deputy McGrath was speaking as Daft.ie published its annual analysis of recent trends in the Irish rental market for the second quarter of 2015:
“The dogs on the street know that there is a bona fide crisis in the Irish rental sector that does not show any signs of improving.
The latest Report from Daft.ie confirms this.
It has shown that there has been an eye watering 4.9% increase in the asking price for rental accommodation within the Tipperary alone over the last year.
In all categories, from one bed apartments to two, three, four and five bed houses there has been a rise in rent from 0.9% up to 5.5%.
A three bed house will now put you back another 2% more than what it would have cost you this last year; if you are one of the lucky ones to even find such a property.
What is truly disturbing given the current state of paralysis within Government about this issue is the fact that the Report estimates there are almost 10,000 tenants joining the rental sector every month.
This is going to create enormous challenges for families in both the short and long term.
Minister Kelly needs to establish a national emergency forum on what is clearly a crisis of unprecedented proportions,” concluded Deputy McGrath.

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