Sky high Dublin the cost of renting a rival global cities like Paris and new York

  • Sky high Dublin the cost of renting a rival global cities like Paris and new York
    Independent.t. E.
    Rents in Dublin is the sixth highest in developed countries, according to a study of the European Union statistics Agency Eurostat.
    https://www.independent.ie/business/personal-finance/property-mortgages/skyhigh-dublin-rental-costs-rival-global-cities-like-paris-and-new-york-37262436.html
    https://www.independent.ie/incoming/article37262020.ece/037bc/AUTOCROP/h342/71skyline%20of%20Paris%20.jpg

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Rents in Dublin is the sixth highest in developed countries, according to a study of the European Union statistics Agency Eurostat.

Dublin rents are on a par with Paris, and only a few super-expensive cities in the world, including Tokyo, new York, London, Singapore and Geneva, according to Eurostat, current rents market review in 2017.

The acceleration of deals this year mean the capital of Ireland is already on course to enter the top five most expensive cities, laying the sufferings of tenants and adding to fears in the industry that high prices will drive up wages or to put some high-demand workers of Ireland as a whole.

Eurostat data is based on surveys of real estate agents, and aim to compare the conditions for international civil servants, including European Commission and employees of the EU institutions. While he looks at one, two and three bedroom apartments and detached homes, the emphasis is on high quality, new and relatively new houses in good residential areas, so it is balanced on the top segment of the market.

However, eight years ago, Dublin prices were in 14th place among the surveyed cities is a sign of loss of competitiveness after the accident.


Rents in Dublin is rapidly catching up with global cities such as new York

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