No lessons learned: Spiralling rents in Dublin herald the arrival of another boom – TheLiberal.ie – Our News, Your Views

No lessons learned: Spiralling rents in Dublin herald the arrival of another boom




houses

Once again, the cycle of boom-bust seems to be well underway. Soaring rents in Dublin are now on the brink of spiralling out of control, with the average rent of a house standing at €1,430 a month.

Prohibitely expensive rents in the capital were a major contributing factor in the housing crisis, and the government is once again doing nothing about it.

Leading charities have again called for rent controls and raises in rent allowance, as more and more people find themselves unable to pay the rent and thus heading into homelessness.

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