Stressed renters lift the lid on stress and greed

The difficulties faced by those renting homes across the country are not new, but recent testimonies from Irish Times readers illustrate the extent of their integration, with few signs of change imminent.

This week’s report showed that market rents have risen by 38 percent over the past five years, more than doubling in a decade, while rents for those who have stayed are, on average, only 10 percent higher now and about 40 percent. . cent over a decade.

In its most recent quarterly report, said there were only 851 homes available for rent nationwide on its website as of May 1, the lowest number since the chain began in 2006.

The Irish Times asked tenants to share their stories with us. Here are some responses

A resident of Dublin

The rental system is completely broken. A couple and I rent a “room” that was originally a living room. There are six of us at home. It is not even registered by the owner whose family owns at least three houses. They don’t even want to fix anything – if something doesn’t work they want us to pay to fix it. They also increase the rent whenever they want; In 10 months our rent has increased twice and the rent of other tenants too because they say rents move with property prices. No one has any evidence of accommodation-like bills.

Former resident of Dublin

Prior to closing, I was renting a small one bedroom apartment outside Dublin and commuting daily. The initial rent when I moved in about eight years ago was 650 euros. It was the average price for a single bed and was very affordable at the time. The place was a bit shabby but I was fine with it. About three or four years ago I got a mail from my landlord saying that if I didn’t agree to an increase of 900 euros they would sell the apartment. I couldn’t find anything else and agreed to a raise, but said they would have to upgrade the heating and other basic repairs.

Last summer, three years later, they installed the heating but made no repairs. Last year I was desperate. I’ve spent closings in this small space. The place was falling apart. They won’t do the repairs and I was worried about paying them because they might take it as an opportunity to raise the rent again.

There was nowhere to move unless I wanted a big increase in rent. I now live in the middle of a big German city in a huge flat for the same rent I paid in Ireland. I have a much better standard of living. It was the only solution I could see.

Co Dublin

I am a man in my forties forced to live with five other people because the rent and property prices are too high. Everyone in the house works. None of us can live alone and we are forced to live like this. Our average age is 35. I have over €200,000 in savings but with a €200,000 mortgage approved, I can’t buy a place in a relatively nice neighborhood in Dublin for less than €400,000.

There was a recent example of a Dublin 8 property that had a asking price of 420,000 euros but sold for 550,000 euros. We must ban all foreign investment in real estate until the domestic market is stable. I have voted for Fine Gael/Green Party all my life but in the next election I will vote for Sinn Féin, based on repeated governments’ failure to manage the housing crisis.

Dublin 8

We have rented the same house for five years and have gone from one child to three. We’d like to move somewhere that has a park but it’s the Hunger Games there. Because of the stories we’ve heard from friends who struggled to get a half decent spot, we’re just accepting our situation and will continue to salvage our socks. But if there was no housing collapse, I’m not sure if our place would have.

Co Dublin

My rent hasn’t gone up in four years, but that day is coming. Because of time, the Residential Rents Board’s calculator confirms it will rise by 4.7 percent. If mortgages go up 2 percent annually, there will be riots. The lease contract in Part IV (fixed term) shall not be subject to any increase in rent. It works both ways — for secured landlords, they know what they’ve got next for six years and tenants know what to budget for.

Long-term leases are needed, with significant tax breaks for landlords, and some smart financial tools that allow tenants to purchase their rents. There is a problem that no one can afford to buy a property to be the next generation of private landlords, and construction for rent is proliferating. My rent equals a 25-year mortgage of €500,000, but the borrowing rules only give me €225,000.

Co Dublin

I am 24 and my partner is 27. We pay €1,600 per month on rent. Trying to save for a mortgage is nearly impossible and it’s hard to plan for a future that looks so bleak. We were going back home to Sligo but even the rents are high and it’s almost impossible to save again. The government needs to set a cap on rents. Think about the future of young people; How would they own a house at such prices? Something must be done.

Share Kilkenny

I am currently paying €850 per month rent for a one-bedroom apartment. At the time I got it, it looked expensive but very reasonable in the current market. I worry that one day I will have to move to start a family and there will be very little to rent or buy. Even if I could afford either option.

This housing situation is appalling. A person’s home is very important and the basis for a normal life. The government doesn’t realize that most people are just a phone call away from a rent increase or eviction.

Tenants need more security and protection.

Dublin 4

I’ve lived in my small apartment for a decade. It has no heating or laundry facilities, but I took it because it’s in a nice area, affordable, and close to work. My rent has increased by €600 gradually (and often illegally) over the past decade, but my apartment has stayed the same as when I moved in. I get a modest salary and I struggle to meet the new increases.

I’ve been a typical renter, but the landlord is not a typical landlord. It’s a rental pressure area but he doesn’t stick with that because he realizes how difficult it is to find similar accommodation. I think the system affects people’s mental health. I have no problem renting my whole life, but we need a fairer system.

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