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Claims High Construction Costs Greatest Obstacle Facing Clare Tenants

Its claimed the provision of cost rental accommodation needs to be urgently enhanced in Clare in order to mitigate rental costs.

Daft.ie’s latest rental property price report show that average monthly rent for a property here now stands at €1,287.

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Two and three bedroom dwellings saw the greatest annual increase in the county rising by 15% and 13.5% respectively.

The price for a couple or family unit obtaining the same property by mortgage meanwhile is on average 48% cheaper.

Economist and Report Author Ronan Lyons has been telling Clare FM’s Daragh Dolan that high construction costs are the greatest facing potential tenants in the county.

You can listen to the full interview below.

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