Increasing rents - Homeowners can offer digs

THE current boom in rents would seem to suggest that the economy is improving.

Rents rose by an average of 3.9% in the three months from April to June of this year, which was the biggest quarterly increase recorded since 2007.

A frightening aspect of the increases is that they are in cities like Dublin, Cork, Galway, Limerick and Waterford, which are centres for third-level colleges.