Between 2024 and 2010, rent rose 106%

https://i.redd.it/kib6hk2rlisd1.jpeg

Posted by NanorH

16 Comments

  1. Fine Gael voter any second now: See, be thankful you’re only paying €2,000 a month to live in a hot press in the suburbs.

    You could be living in Estonia where they pay €1,000 for a fully furnished 90sqm apartment in the city centre, but you’d have to live in Estonia.

  2. Astonishingly-Villa on

    From personal experience I felt that rents rose by more than 106% between 2014 and 2010, let alone 2024.

    I remember I was paying 300 a month for a room in a three bed apartment in Dublin 2 in 2010, rose to 400 a month in 2011, by 2014 I was paying 650 a month for a smaller room in a smaller apartment in a shittier area in D6.

  3. Austria which I am reliably informed by this sub is the idyllic paradise when it comes to renting, up 70%

  4. WellWellWell2021 on

    But sure in 2010 there were loads of empty properties. We were coming off the back of a recession where you could tell your landlord how much you were going to pay and if he didn’t agree just move and find a cheaper place anyway.
    Different times for sure.

  5. What was the inflation during that time? Because I assume that Estonia/Latvia/etc the rose is due to getting into the Eurozone, that rose prices and inflation. So, inflation within this chart is very important, or well, median salary.

  6. Massive-Foot-5962 on

    Remember that a big reason for renting to grow is not just price gouging, of which there is plenty, but also from upgrading the rental stock. We had a decent stock of bedsits back then, but now a much bigger mix in the rental pool is high quality recent-build apartments – so the average rent price can go up also because of what is being rented. We’re not directly comparing like-with-like.

    More generally, as already pointed out, anyone selecting 2010 as a starting point is just actively trying to manipulate the data. You’ve selected the literal low point. And you’ve almost certainly done it before and been told it was wrong then also.

  7. 2010 I was paying €350 a month for a double room in Stillorgan, heating and electricity included.

    Property and rental prices were in the toilet. Can you do 2007 – 2024?