The average cost of rent in Ireland has never, ever, ever been higher – thejournal.ie

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RENTS IN IRELAND have soared 11% in 2017 to an all-time high of €1,200.

The latest quarterly rental report by Daft.ie shows that the average monthly rent across the country was €1,198 in the third quarter of the year.

In Dublin, the increase in rents in the year to September 2017 was 12.3% and rents in the capital are now almost 23% higher than their previous peak in 2008, or €330 a month.

In the city centre, the average rent is €1,819, with the south city and south county more expensive at €1,890 and €1,955, respectively.

In Cork city, rents rose by 5.3% in the year to September, reaching €1,144. In Galway, rents were 9.8% higher than a year previously at €1,057. In Limerick city, rents rose by 10.9% during the past twelve months (€956), while in Waterford

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