Only luxury rents are falling, says Threshold

WHILE rent prices for luxury apartments are falling, rents for lower-income properties are rising.

Thu, 12 Jun, 2003 - 01:00
Michael Brennan

In a study of over 600 Dublin rents, housing organisation Threshold found increases of up to 20% between December and April.

The weekly price of a one-bedroom flat increased from €150 in December to €182 in April. Weekly rents for two-bedroom houses rose from €219 in January to €246 in March, before falling to €238 in April.

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