Rent strategy: Concern over costs outside Dublin

The Government has said it will be able to turn other parts of the country into rent pressure zones, as will be the case for Dublin and Cork City, within weeks if required.

The new measure, contained in the Government’s new strategy for the rental sector will first apply only to the four Dublin local authority areas and the Cork City Council areas.

The average rent in Dublin, as of the third quarter in 2016, was €1,545, peaking in the south of the county at €1,801, while the same Daft.ie rent report showed the average in Cork City was €1,087, which is up 14.4% in a year.