The latest Daft.ie report confirms that rents in Ireland are more unaffordable and unsustainable than ever, according to Social Democrats TD Rory Hearne.<\/p>\n
Deputy Hearne, who is the party\u2019s housing spokesperson, said:<\/p>\n
\u201cToday’s figures show that rents are now beyond any reasonable level. Last year, advertised rents rose by an average of 5.7 per cent, which brings the average rent on the open market nationally to \u20ac1,956 \u2013 a staggering 43 per cent higher than pre-Covid levels in 2020.<\/p>\n
\u201cThe situation is particularly bleak in Dublin, where rents in the final quarter of 2024 were up four per cent on the previous year, coming in at \u20ac2,481. For most earners, this level of rent is simply unsustainable.<\/p>\n
\u201cYet despite this crisis, the Government wants rents to go even higher to suit investor funds. The Social Democrats have called for a three-year rent freeze and for Rent Pressure Zones (RPZs) to be retained until a new system of rent regulation \u2013 one that offers proper protections for tenants \u2013 is put in place.<\/p>\n
\u201cThe Government\u2019s housing model is broken. We don\u2019t need more expensive build to rent apartments provided by investor funds. A genuine reset of housing policy \u2013 as called for by the Government\u2019s own Housing Commission \u2013 will instead require the accelerated delivery of homes that are genuinely affordable to buy or rent.\u201d<\/p>\n
February 24, 2025<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" The latest Daft.ie report confirms that rents in Ireland are more unaffordable and unsustainable than ever, according to Social Democrats TD Rory Hearne. Deputy Hearne, who is the party\u2019s housing spokesperson, said: \u201cToday’s figures show that rents are now beyond any reasonable level. Last year, advertised rents rose by an average of 5.7 per cent, […]<\/p>\n","protected":false},"author":3,"featured_media":11532,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,7,510],"tags":[],"class_list":["post-11682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-crisis","category-press-release","category-rory-hearne"],"acf":[],"yoast_head":"\n