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16/11/2017

Rise In Rental Prices Is Affecting All Ages - FF

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The rise in rental prices is affecting all ages, all demographics and all incomes, according to Fianna Fail.

TD John Lahart made the statement after a Daft.ie report revealed a 12.3% increase in the average cost of rent for a one bed apartment.

He said: "There are currently 3,000+ children who are living in homelessness through no fault of their own. The comments will also have hurt and infuriated the hundreds of thousands of hard-working young people treading close to the edge of homelessness in Dublin should rent continue to become so expensive.

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"As a consequence, many are being forced back to live with their parents while others have had no choice but to leave employment or a position to take up a job elsewhere where rent is more affordable.

"The current housing crisis is not a complex situation. It's a simple explanation to be frank; we have a lack of social, affordable and private housing across the Capital. Supply is the only solution to cater to the underlying housing demand."

(CD/MH)

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