Earth provides enough to satisfy every man’s needs, but not every man’s greed.
Such wise quote can be readily applied to landlords in Dublin and elsewhere, who see fit to profiteer from people’s need for shelter.
A recent survey indicates that rents across the capital have now surpassed their peak prices from the darkly ominous days of the so-called Celtic Tiger, right before the house of cards came tumbling down.
In real figures, rents are now 3.9% higher than they were at their peak in 2007.
In the capital, rents are up by a whopping 9%, having risen from €1,251 to €1,364.
This latest upward trend has only one possible outcome down the line, and as the wheel of greed begins to turn, dark clouds gather above.
