{"id":1862,"date":"2022-07-26T11:31:12","date_gmt":"2022-07-26T10:31:12","guid":{"rendered":"https:\/\/www.socialdemocrats.ie\/latest-rtb-rents-out-of-control\/"},"modified":"2022-07-26T11:31:12","modified_gmt":"2022-07-26T10:31:12","slug":"latest-rtb-rents-out-of-control","status":"publish","type":"post","link":"https:\/\/www.socialdemocrats.ie\/ga\/latest-rtb-rents-out-of-control\/","title":{"rendered":"Latest RTB Data Shows Rents Are Completely Out of Control and Unsustainable"},"content":{"rendered":"

It now costs an average of \u20ac27,120 per year to rent a house in Dublin – this is utterly unacceptable and unsustainable<\/strong><\/em><\/p>\n

The latest Residential Tenancies Board (RTB) Rent Index – revealing rents grew by over 9.2% in the last year – shows rents are completely out of control, says\u00a0Social Democrats Housing Spokesperson Cian O’Callaghan TD.<\/p>\n

\u201cRents are out of control. People looking to rent a house in Dublin today will be charged on average \u20ac2,260 per month. That’s \u20ac27,120 per year just to rent a house.<\/p>\n

“This is utterly unacceptable and unsustainable.<\/p>\n

\u201cNew rents grew by over 9% in the last year. This is putting enormous pressure on people. This will have a massive impact on students and young people looking for a place to live for the next academic year.<\/p>\n

\u201cIf you include all types of properties, the average rent in new tenancies in Dublin is \u20ac2,015. These massive rents are having huge knock-on effects for people and the wider economy.<\/p>\n

“For example, childcare services are operating with reduced capacity as childcare workers cannot find somewhere affordable to live. This is impacting on parents who cannot find childcare places and is impacting on labour market participation.<\/p>\n

\u201cThe State must start playing a proactive role in providing affordable rental accommodation. We urgently need a rapid expansion of cost rental in all cities.<\/p>\n

“The Government must stop using public money to subsidise the provision of very expensive and unaffordable high rent schemes and use this money instead to invest in affordable and cost rental housing.”<\/p>\n

26th July, 2022<\/p>\n

Ends<\/p>\n","protected":false},"excerpt":{"rendered":"

It now costs an average of \u20ac27,120 per year to rent a house in Dublin – this is utterly unacceptable and unsustainable The latest Residential Tenancies Board (RTB) Rent Index – revealing rents grew by over 9.2% in the last year – shows rents are completely out of control, says\u00a0Social Democrats Housing Spokesperson Cian O’Callaghan […]<\/p>\n","protected":false},"author":2,"featured_media":1499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[278,10,7],"tags":[],"class_list":["post-1862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cian-ocallaghan","category-housing-crisis","category-press-release"],"acf":[],"yoast_head":"\nLatest RTB Data Shows Rents Are Completely Out of Control and Unsustainable - Social Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.socialdemocrats.ie\/latest-rtb-rents-out-of-control\/\" \/>\n<meta property=\"og:locale\" content=\"ga_IE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Latest RTB Data Shows Rents Are Completely Out of Control and Unsustainable - 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