Notice how RTE in the article dont once discuss the real-world financial impact of what these rises mean to renters?
The headline should really read average rents rise by between €124 – €172 a month or €1.4k – €2k per year depending on if you’re in a city or more rural.
That’s €1.4k – €2k less a renter will have towards a mortgage deposit of which you also needed to find at extra €3k minimum due to rising house prices and 10% deposit.
So, about extra €4.4k – €5k extra need to pay the bills and keep building a deposit.
Or the headline can say 6.9% and make it seem not as bad.
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The real price gouging.
Notice how RTE in the article dont once discuss the real-world financial impact of what these rises mean to renters?
The headline should really read average rents rise by between €124 – €172 a month or €1.4k – €2k per year depending on if you’re in a city or more rural.
That’s €1.4k – €2k less a renter will have towards a mortgage deposit of which you also needed to find at extra €3k minimum due to rising house prices and 10% deposit.
So, about extra €4.4k – €5k extra need to pay the bills and keep building a deposit.
Or the headline can say 6.9% and make it seem not as bad.