The terrible tragedy of letting families slip into homelessness for sake of €50 a week
Recent reports have highlighted a substantial increase in rents for those living in the private rented sector. What started as a Dublin phenomenon is now spreading to all major urban centres. Rents in Dublin have increased by 14pc year on year. In Cork, the figure is over 6pc, in Galway and Limerick, over five. While these figures are alarming in themselves, at Threshold, we have desperate people approaching us every day, reporting rent increases far in excess of this.
Responses to the current housing crisis have broadly fallen into two camps. The first advocates construction as the ultimate solution and accepts that rents will inevitably rise until this happens.
But saying that construction is the answer to the housing shortage is a bit like saying that jobs are the answer to unemployment, when there are obviously many other factors at play.