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Now Cheaper To Buy Than Rent In Munster

A new study has suggested it's now cheaper to buy a house rather than rent in Munster.

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A study from Daft.ie shows that in the second quarter of this year, it was more expensive to rent a property in 80 per cent of 54 areas around the country.

Figures showed in Munster the average saving was €185

The Housing Agency says it shows the Central Bank's lending rules are working.

Karl Deeter from Irish Mortgage Brokers says whatever the reason, it won't last long

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