THE average cost of renting a property in Donegal is up twenty per cent compared to twelve months ago, according to the latest report from Daft.ie.
Their rental price report, released today, shows on average it costs €1,122 per month to rent in the county.
The average price of renting a three bed house is now €1,023 per month, up 21 per cent compared to the third quarter of last year. The average price of renting a four bed house has risen to €1,133 (up 17 per cent), a one bedroom apartment in the county will now cost you on average €720 per month (up 13 per cent) and a two bed house is up to €878, a rise of 20 per cent. The cost of renting a five bed house in Donegal has also jumped by 19 per cent.
The housing crisis dominated the Sinn Féin Ard Fheis held over the weekend when Sinn Féin leader Mary Lou McDonald vowed the party would introduce a three-year ban on rent increases if elected to government.
Speaking to almost 2,000 delegates in Athlone, Deputy McDonald said Sinn Féin will provide genuinely affordable homes and would “build enough of them, get the targets right, increase capital expenditure, cut rents, giving a month’s rent back to every renter, and ban rent increases for three years. Implement a real emergency response to the scourge of homelessness.”
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