There is significant unmet demand for purpose-built student accommodation (PBSA) across Ireland’s four major cities, an economist has said.
Ronan Lyons, assistant professor in economics at Trinity College Dublin, said that the 19,000 units available in Dublin fall well short of the 26,000 needed this year.
The Student Housing report, published by property website Daft.ie, also shows that the cost of student accommodation in the capital, either for a single or double room, or for an entire property, has stayed largely unchanged.
Meanwhile, rents elsewhere in the country are on average up slightly compared with a year ago.
Mr Lyons said the picture reflects not short-term disruption due to Covid-19 but a “long-term mismatch” between supply and demand.
The cost of renting a double room
Continue reading this atricle at https://www.thetimes.co.uk/article/thousands-more-student-homes-needed-in-irish-cities-3r3t2cw8c