The Grinder
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yeah thats why rents are lower now than they were 6 years ago in dublin. rent cant increase by much more than wage inflation in medium to long term as it would then take up an ever increasing proportion of incomeslff12 said:In my experience, rent tends to go up by about 5%-10% per year regardless of the rate of inflation - dependent on the level of naked greed of the landlord of course.
bearishbull said:yeah thats why rents are lower now than they were 6 years ago in dublin. rent cant increase by much more than wage inflation in medium to long term as it would then take up an ever increasing proportion of incomes
lff12 said:Funny that, the rent I was paying for a 1 bed apartment in Wexford in 1997 was 35 punts a week or just under 45 euros. Identical properties are now let in the 130-140 euros a week range - over 300% of the rent 9 years ago.
lff12 said:Funny that, the rent I was paying for a 1 bed apartment in Wexford in 1997 was 35 punts a week or just under 45 euros. Identical properties are now let in the 130-140 euros a week range - over 300% of the rent 9 years ago.
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