The Government has been accused of "los[ing] control of the rental market" after new figures showed that rents in Dublin have jumped to an average of €2,170 a month.
The claim was made after the latest Daft.ie rental report showed that rents have skyrocketed up at their highest ever rate in the second quarter of this year. And Ireland has its lowest number of properties to rent since the same report began 15 years ago.
The latest grim outlook comes as it was recently revealed that notices to quit from landlords are also jumping substantially in the last 12 months. The number of notices to quit leaped countrywide to 1,781 in the second quarter of 2022 - a significant jump from 1,132 issued in Q1 this year.
