80% of homes beyond reach of those on rent subsidies

The supply of properties in the private rental market is down 55% since May 2015, and 80% of those properties are beyond the reach of people on rent supplements.

There was not one property available to rent for a family of two children or more on rent supplement, in Cork City centre, between August 30 and September 1.

These figures are from a Simon Community report published yesterday, examining the gap between rent supplement, or Housing Assistant Payment (HAP) limits, and market rents.