There was a 71% increase in the number of rental properties coming on the market in central Dublin in the past five weeks compared to the same period last year, according to property website Daft.ie.
Between 13 March and 16 April, there were 964 rental listings in central Dublin, compared to 563 last year.
However, the figures show that while there was a big increase in rental listings in central Dublin, outside the capital the number of properties available for rent fell by 25%.
Ronan Lyons, an economist at Trinity College Dublin, said this suggests that the increase in properties available in central Dublin is a result of short term lets like Airbnb coming onto the long-term market and not necessarily due to migrants or students moving home.
“If it was students you would see it around UCD and DCU as well as central Dublin and this is not really showing up in the data.
Continue reading this atricle at https://www.rte.ie/news/ireland/2020/0417/1132149-rent-sale-property-ireland/