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Something Good Can Work

Monday, 8 February 2021 10:41

daft.ie says the rental market is broken.

A lack of supply in rental properties outside the capital is continuing to drive up rents, despite rising unemployment.

The average rent in the midlands is now €1,016, according to data on Quarter 4 2020 from daft.ie.

Westmeath remains the most expensive, rising 5 per cent on the year before to €1,047.

That's followed by Laois, with costs rising 3 per cent to €1,023.

And the average rent in Offaly is €978, up 7 per cent on 2019.

The report's author, Professor Ronan Lyons, says the market for rental property is still very broken:

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