Warning over impact of falling rents on NAMA

AS rents across the country continue their downward spiral, reaching their lowest point in 10 years, an economist has warned of a consequent negative impact on the Government’s NAMA plan.

In the past three months rents fell a further 4%, according to the latest report published by the property website, Daft.ie

The national average rent now stands at €771, the lowest level in a decade.