Downsizing empty nesters would help ease housing gridlock
Published 16/03/2016 | 02:30
The housing and rental crisis featured large during the General Election campaign, with lots of name calling for past failures to build new homes and vague promises that more would be built.
But now it's official: rents are now higher than 2007's crazy levels. The average cost of renting a house in Dublin is now €1,430 a month.
A city apartment will set you back €1,312. This means that rents in the capital are almost half a per cent higher than they were in 2007. We've surpassed 'peak boom'.