MEP calls time as rents in Cork 30% higher than Strasbourg

Rents in Cork have soared 30% above the average rents in Strasbourg, the seat of the European Parliament.

Stark new figures show that Cork rents, while still lower than those in Dublin, now rank among the highest in Europe when compared to cities of similar size.

The revelation prompted calls last night from Ireland South MEP Deirdre Clune for Finance Minister Michael Noonan to introduce measures in next week’s budget to tackle the problem.