New renters 'paying €200 more than existing tenants'

The Economic and Social Research Institute said that, right across the country, the prices paid by sitting or existing tenants are lower than those paid by new tenants.

New tenants have to pay a lot more to rent a home than existing renters, paying an average of over €200 more a month according to new figures, with those in rural areas facing an even bigger difference.

The Economic and Social Research Institute (ESRI) said that, right across the country, the prices paid by sitting or existing tenants are lower than those paid by new tenants.