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THE average monthly rent in Tralee is now €792 according to the Rental Tenancies Board report for the second quarter of this year.
The average monthly rent in Killarney is €902, in Listowel it’s €666 and in Kenmare it’s €746. The average rent in Kerry now stands at €792, up from €749 during the same period in 2018.
The data is based on actual rents paid on 19,000 tenancies registered with the RTB. The average rent in Dublin is €1,713, increasing €114 on the same time last year.
Nationally the average rent, in the period from April to June this year, was €1,202, up from €1,123 a year earlier, a 3% increase.
This cocktail of rising rents is achieved by the following recipe:
1. Abandon the social housing system.
2. Support the private housing sector investors.
2. Support open boarders and artificially increase the population.
3. Restrict credit to the working classes to restrict them from buying into private housing sector.
The hangover cure recipe for the above cocktail is as follows:
1. The state builds social housing directly by using state supported agencies like FAS. Costs are controlled and a new generation of skilled workers for the construction industry is established.
2. Curtail the private residential sector. Replace the Irish rent pressure zones model with the Swiss model of protection instead; Foreigners may only buy a residential property in a touristic area. So unless you are Swiss, or hold a Swiss Residence Permit, you cannot buy a property in Geneva, Basel, Zurich, Zug or any of the other cities in Switzerland.
3. Introduce population sustainability by the re-establishment of national boarder controls and the deportation of non European Union illegal migrants. Manage immigration levels to maintain a maximum level of 10 % of the native population. Skilled migrants should be prioritised to assist the national economy.
4. Easy credit restrictions in the state shareholder banks for the working classes to purchase private residential property.