Despite Caps, in Some Areas of City Rents Grew More Than 12 Percent in a Year (While in Others They Dropped) – Dublin Inquirer

Drimnagh. Photo by Claudia Dalby.

Average rents in the city grew 2.4 percent from the start of July 2020 to the end of June 2021, said the Residential Tenancies Board (RTB) at the end of September, in one of its regular updates.

But that smoothed figure conceals a lot.

Zoom in and average rents in the Clontarf local electoral area actually fell by 2.37 percent, and in the South East Inner City by 0.4 percent, show RTB figures.

But northwards in Ballymun-Finglas, rent inflation skirted double digits at 9.97 percent. In the city’s western areas of Ballyfermot-Drimnagh, it topped 11.5 percent.

Meanwhile, in Artane-Whitehall, rent inflation was greater still, running away at 12.6 percent.

The whole city is a “rent pressure zone” (RPZ), meaning that during this period – save for the first month when a rent-increase ban was still in place – rent increases were capped,

Continue reading this atricle at https://dublininquirer.com/2021/11/03/despite-caps-in-some-areas-of-city-rents-grew-more-than-12-percent-in-a-year-while-in-others-they-dropped