Fears Failure By New Govt To Prioritise Rental Stock Will Compound Rising Rents For Clare Tenants

Clare FM

Concern has emerged that a failure to prioritise rental housing stock in the new programme for Government will compound the rental market crisis in Clare and elsewhere. The latest quarterly report from Daft.ie, published today, has shown the cost of renting a home on the open market in this county has risen by 9% in the past twelve months to 1,400 euro, which is above the national average. Supply remains a major concern across the region, with just 350 homes available to rent in Munster at the end of September, representing a reduction of 13% in the last year. Author of the report, Economist Ronan Lyons has been telling Clare FM's Fiona Cahill that despite all the promises on housing by political parties and none in the run up to the election, there's a gap in the conversation about rental stock, which he believes could have dire consequences.