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Rise of rent prices a bigger issue than cost of homes, according to statistics agency

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Fellow bailout countries Greece and Cyprus saw rental costs fall 25pc and 3pc, respectively. Stock image

Fellow bailout countries Greece and Cyprus saw rental costs fall 25pc and 3pc, respectively. Stock image

Fellow bailout countries Greece and Cyprus saw rental costs fall 25pc and 3pc, respectively. Stock image

Modern Ireland has a rental crisis rather than a house-price problem, according to new figures from the EU’s statistics agency.

Rents in Ireland have risen at about twice the rate of house prices over the last decade, the figures from Eurostat show.


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