The difficulties faced by renters across the country are not new, but recent testimonials from Irish Times readers illustrate the extent of their integration, with little sign of imminent change.
This week’s report showed market rents have risen 38 percent in the last five years, more than doubling in a decade, while rents for those who have stayed are, on average, just 10 percent higher. high now and about 40 percent. cent for a decade.
In its most recent quarterly report, daft.ie said there were only 851 houses available to rent nationwide on its website as of May 1, the lowest number since the chain started in 2006.
The Irish Times asked tenants to share their stories with us. Here are some answers
A resident of Dublin
The rental system is completely broken. A couple and I rented a “bedroom” that was originally a living room. We are six at home. It is not even registered by the owner whose family owns at least three houses. They don’t even want to fix anything; if something doesn’t work, they want us to pay to fix it. They also raise the rent when they want; In 10 months our rent has doubled and so has other tenants’ rent because they say rents move with property prices. No one has evidence of bills similar to lodging.
Former resident of Dublin
Before the lockdown, I rented a small one-bedroom apartment on the outskirts of Dublin and commuted every day. The initial rent when I moved in about eight years ago was 650 euros. It was the average price for a single bed and was very affordable at the time. The place was a bit shabby, but I was fine with it. About three or four years ago I received an email from my landlord saying that if I didn’t agree to an increase of 900 euros they would sell me the flat. I couldn’t find anything else and agreed to a raise, but said they would have to upgrade the heating and other basic repairs.
Last summer, three years later, they installed the heating but did not repair it. Last year I was desperate. I’ve been through closures in this small space. The place was falling apart. They are not going to do the repairs and I was worried about paying them because they might take it as an opportunity to raise the rent again.
There was nowhere to move unless I wanted a big rent increase. Now I live in the middle of a big German city in a huge flat for the same rent I paid in Ireland. I have a much better standard of living. It was the only solution I saw.
I am a man in his forties forced to live with five other people because rent and property prices are too high. Everyone in the house works. None of us can live alone and we are forced to live like this. Our average age is 35 years. I have over €200,000 in savings, but with a €200,000 mortgage approved, I can’t buy a home in a relatively nice Dublin neighborhood for less than €400,000.
There was a recent example of a property in Dublin 8 that had an asking price of €420,000 but sold for €550,000. We must prohibit all foreign investment in real estate until the domestic market is stable. I have voted for Fine Gael/Green Party all my life, but in the next election I will vote for Sinn Féin, based on the repeated failure of governments to manage the housing crisis.
We have rented the same house for five years and have gone from one child to three. We’d like to move somewhere with a park, but the Hunger Games are there. Due to the stories we have heard from friends who struggled to get a halfway decent place, we are just accepting our situation and will continue to save our socks. But if there hadn’t been a housing collapse, I’m not sure if our place would have.
My rent hasn’t gone up in four years, but that day is coming. For a matter of time, the Residential Income Board calculator confirms that it will rise 4.7 percent. If mortgages go up 2 percent a year, there will be riots. The Part IV (fixed term) lease will not be subject to any increase in rent. It works both ways: For insured homeowners, they know what they have next for six years, and renters know what budget they have.
Long-term leases are needed, with significant tax breaks for landlords and some smart financial tools that allow tenants to buy their leases. There is the problem that no one can afford to buy property to be the next generation of private owners, and rental construction is proliferating. My rent is equivalent to a 25-year mortgage of €500,000, but the borrowing rules only give me €225,000.
I am 24 years old and my partner is 27. We pay €1,600 a month for rent. Trying to save for a mortgage is next to impossible, and it’s hard to plan for a future that seems so bleak. We were going to go home to Sligo, but even the rents are high and it’s almost impossible to save again. The government needs to put a cap on rents. Think about the future of young people; How could they own a house at those prices? Something must be done.
I am currently paying €850 a month for rent for a one-bedroom apartment. At the time I bought it, it seemed expensive but very reasonable in today’s market. I worry that one day I will have to move to raise a family and there will be very little to rent or buy. Even if I could afford either option.
This housing situation is terrible. A person’s home is very important and the basis for a normal life. The government doesn’t realize that most people are just a phone call away from a rent increase or eviction.
Tenants need more security and protection.
I have lived in my small apartment for a decade. It doesn’t have heat or laundry, but I took it because it’s in a nice area, affordable, and close to work. My rent has increased gradually (and often illegally) by €600 over the last decade, but my apartment has remained the same as when I moved in. I receive a modest salary and struggle to cope with the new raises.
I have been a typical renter, but the landlord is not a typical landlord. It’s an area of rental pressure, but he doesn’t stick with that because he realizes how difficult it is to find similar accommodation. I think the system affects people’s mental health. I have no problem renting all my life, but we need a fairer system.